Net loss narrowed to $4,427,000 in the second quarter from a loss of $7,083,000 last year, helped by better product margins and SG&A savings, as revenues inched up 1% to $295,583,000 from $293,899,000, including a flat comp.

The embattled camera manufacturer lived up to its action sports roots with a wild opening to the week, as today’s announcement of a merger with privately held, AI-focused firm Starman Optical followed Monday’s disclosure that YouTuber Mark “Markiplier” Fischbach had become its largest shareholder, sending the stock price soaring.

New Wave Group, the Swedish parent of sports brands Craft and Cutter & Buck and distributor of other labels, inked an agreement to acquire the German-based football and handball supplier, adding Uhlsport and Kempa to its portfolio of brands.

The Eager Beavertons’ last F1 deal ended in 2002 when seven-time World Drivers Champion Michael Schumacher defected to Fila, but senior Nike executives have recently been in discussions with Formula One Management, Sports Business Journal first reported.

Youth team sports equipment sales reached $1.6 billion in the U.S. for the year ended Jul. 2026, growing 3% year-over-year despite unit sales that declined 3%, according to Circana.