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Latest News


11/25/2025


Dick’s Outperforms in Q3, Plans Foot Locker Clearance for Q4

Third-quarter profits tumbled by 67% to $75,212,000 from $227,813,000, with the addition of nearly two months of Foot Locker sales sending total revenues 36% higher to $4,167,773,000 against $3,057,181,000, as DKS revealed plans for a broad-based restructuring to “clean out the garage” at Big Foot.

Kohl’s Raises Guidance, but Active Underperforms

The mass retailer said that softness in sneakers and boots contributed to a weak performance from the footwear category in Q3, though its proprietary activewear apparel brands Tek Gear and FLX led a positive result for private label in the quarter.

September Sporting Goods Sales Inch Lower

Now that the Commerce Dept. is back at work, the Census Bureau said that sporting goods/hobby/book and music store adjusted sales slipped 0.2% in Sep. to $7,951 million from $7,965 million and were off 2.5% sequentially.

HBI Shareholders Approve Merger, Deal Passes HSR

Hanesbrands’ shareholders greenlit Gildan’s acquisition of the company for $2.2 billion in cash and stock at a special meeting held virtually this morning, Nov. 25.

Acushnet Completes Notes Offering

GOLF closed the sale of $500 million of 5.625% senior notes due in 2033, and the proceeds will be used to redeem its $350 million of outstanding 7.375% senior unsecured notes due Oct. 2028, along with repaying part of its revolver.

S&P Global Contemplates Under Armour Downgrade

With the recent news that Under Dog will part ways with Steph Curry, the ratings agency placed it on CreditWatch with negative implications, raising a possible future downgrade of UA’s BB-, long-term issuer credit rating.

Under Armour Faces Suits over Data Breach

Under Dog was hit with two separate proposed class action suits in MD district court, accusing it of failing to adequately protect private information in a Nov. hacking incident.

Etcetera: Under Armour, Alo Yoga, Stack Athletic, CEP Running

 
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