Net income fell by 11% in the second quarter to $329,223,000 from $370,905,000, and would have tumbled further except for $134.5 million in IEEPA tariff refunds, as revenues declined 4% to $2,415,631,000 from $2,525,219,000, pulled down by worsening conditions in the Americas and negative constant currency sales growth in China.

Tariff refunds totaling $21.8 million more than offset $8.9 million in proxy contest and other charges, pushing GCO to a $3,479,000 Q2 profit from last year’s $18,471,000 loss, on 3% lower sales of $529,858,000 down from $545,965,000.

The bottom line swung to a $2,588,000 profit in the fiscal first quarter ended July 31 from a loss of $3,411,000 on 32% higher sales of $112,587,000, up from $85,077,000 in the seasonally slow period.

Net loss narrowed 78% to $1,528,000 from $6,829,000 for the fiscal first quarter ended July 31 as net sales jumped 25% to $37,254,000 from $29,702,000, or up 4% when backing out a $6.0 million pull-forward in orders from FQ1 ‘26 into FQ4 ‘25.

The Archery Trade Association announced that president and CEO Jeff Poole will retire on Jan. 31, 2027, concluding five years at the helm.

SDSI elevated longtime executive director, Bob Rief, to Chair of the Board, succeeding John Sarkisian, who will move on to help lead the Bill Walton Foundation.

Mondraker USA is recalling about 129 mountain bikes equipped with ONOFF S9 Carbon MTB handlebars because they can crack or fracture during use.