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Sporting Goods Industry News for March 26, 2026

Designer Brands Sees Return to Black Ink This Year

Net loss attributable to DBI narrowed 48% to $19,992,000 from $38,168,000 in the fourth quarter, though sales were flat at $713,589,000 compared to $713,572,000.

Shoe Carnival Guides for Profit Drop in 2026

Net income slipped 38% in the fourth quarter to $9,055,000 from $14,665,000 on 3% lower sales of $254,066,000, down from $262,939,000 that included a -3.5% comp, with Shoe Carnival doors comping down mid-single digits and Shoe Station down low-single digits.

Xtep’s Merrell and Saucony Sales Jump 31%

Net income attributable to shareholders was up 11% last year to RMB 1,371,571,000 ($192.0 mm) from RMB 1,238,402,000 on a net sales gain of 4% to RMB 14,151,086,000 ($1,981.2 mm) from RMB 13,577,222,000.

CSG Sales Soar after Kinetic Acquisition

Czechoslovak Group’s Ammo+ revenue nearly tripled to €1,395 million ($1,567.4 mm) last year from €482 million, benefiting from a full year of contribution from Kinetic, formerly Vista Outdoor’s ammunition segment.

CPSC Recall: Petzl Climbing Axes

Petzl America is recalling about 5,360 Nomic and Ergonomic ice climbing axes because the shaft can break at the handle during use.

Etcetera: Fox Factory, Vivobarefoot, DC Shoes, Adidas, Under Armour, Joola
 
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