Net loss narrowed 15% to $29,050,000 from a loss of $34,266,000 in the fiscal fourth quarter ended Oct. 3 on revenues that improved 28% to $135,762,000 from $105,874,000, as sales picked up in the second half after a slow start to the year.

Seasonally adjusted sales of sporting goods, hobby, music and book stores grew 0.28% month-over-month and by 8.96% year-over-year unadjusted according to the CNBC/NRF Retail Monitor.

Trek is recalling about 700 model year 2026 Trek-branded Domane+ ALR 5, Domane+ ALR 6 AXS, Checkpoint+ SL 6, and Checkpoint+ SL 7 electric bicycles because the bolts on the chainring can come loose, causing it to separate from the bike.