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Latest News 05/12/2026 Under Armour Guides for Slightly Lower Revenues
Net loss narrowed to $43,390,000 from $67,457,000 in the fiscal fourth quarter ended Mar. 31 on 1% lower sales of $1,171,161,000 against $1,180,583,000 that were down 4% constant currency, with strength overseas partially offsetting continued North American weakness. On Soars in Asia but Weak Dollar Hurts Americas Sales
With co-founders David Allemann and Caspar Coppetti taking over as co-CEOs from Martin Hoffmann on May 1, ONON’s net income jumped 82% in Q1 to CHF 103.3 million ($132.2 mm) from CHF 56.7 million on sales that were up 14% (+26% CC) to CHF 831.9 million ($1,064.8 mm) from CHF 726.6 million. Mizuno Footwear Sales Jumped 14% Last Year
Mizuno finished the fiscal year ended Mar. 31, growing 8% to ¥259,045 million ($1,730.4 mm) from ¥240,335 million and increasing net income by 21% to ¥18,376 million ($122.8 mm) from ¥15,243 million. Grupo SBF Rides Brazil Jersey Sales to Big Gains
The Brazilian retailer and distributor’s net income increased 10% to BRL 74,211,000 ($14.1 mm) from BRL 67,315,000 in the first quarter, driven by a 15% revenue gain to BRL 1,785,429,000 ($339.2 mm) from BRL 1,554,359,000. Yonex Finishes Year on High Note
Net income improved 14% at the Japanese racquet sports and golf brand to ¥12,092 million ($77.1 mm) against ¥10,591 million, on sales that were up 18% to a record high ¥163,643 million ($1,043.1 mm) up from ¥138,276 million for the fiscal year ended Mar. 31. Leatt Sees Growth across All Categories in Q1
After returning to profit last year, the South African protective equipment maker started strong in the first quarter, as net income improved 58% to $1,770,694 against $1,121,124 on 27% higher revenues of $19,507,486 up from $15,367,864. Skechers Parent’s Rating Affirmed by Fitch
The ratings agency affirmed Beach Acquisition Co. Parent LLC’s (dba Skechers) long-term issuer default ratings at B+, with a stable outlook, citing the footwear maker’s revenue of around $9.6 billion, good cash flow and strong track record for growth. Bogner Taps Arne Freundt as CEO
Willy Bogner GmbH has appointed former Puma chief Arne Freundt as the Munich-based winter sports brand’s new CEO, effective June 1. Selkirk Sport Buys Niche Paddle Brand
The Bluestone Equity Partners-backed pickleball equipment company has acquired high-end direct-to-consumer paddle maker Bread & Butter, for undisclosed terms.
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