LULU blamed negative press coverage in China and some poorly received new product launches, as it cut full-year revenue guidance by $350 million to between $11,000 to $11,150 million, representing a 1% decline to flat sales compared to 2025.

Net income more than doubled to $14,277,000 in the first quarter from $6,943,000, driven by 9% revenue growth to $666,599,000 from $614,221,000, as Famous Footwear continued to struggle while the Brand Portfolio grew sales and profits.

Net loss improved 7% in Q1 to $13,266,000 from $14,330,000, and sales were up 5% to $193,348,000 from $184,343,000, with enterprise comps up 4.0% as North America continued its positive trends and green shoots emerged in Europe.

A combination of product innovation, new distribution opportunities, and international expansion are its key near-term growth drivers, Yeti said at a roundtable discussion at the Baird investor conference.

GSI tapped the outdoor industry veteran as its new CEO, following the Scott family’s reacquisition of the company in May.

Gudook Outdoor Sports is recalling about 520 adult bike helmets because they do not comply with impact attenuation and certification requirements.