Net income was $45.7 million in the third quarter against a loss of $14.7 million a year ago, boosted by $33.5 million in IEEPA tariff refunds, on 6% lower sales of $436.9 million, down from $462.6 million.

GIL blamed an unexpected deterioration in macroeconomic conditions for third-quarter sales that came in below guidance, with an estimated $100 million headwind from a demand rebound that failed to materialize and a further $60 million negative impact from product availability constraints.

Net loss widened 51% to C$26.3 million ($18.8 mm) from C$17.4 million for the fiscal second quarter ended Sep. 27 on a 6% revenue increase to C$274.0 million ($195.7 mm) from C$258.8 million.

Revenues increased 3% in the third quarter to $191,324,000 from $185,930,000, with operating income nearly doubling to $15,308,000 from $8,009,000, in HH’s first full comparable quarter under Kontoor Brands’ ownership.

Net income grew nearly sevenfold to $96.2 million from $13.9 million in the fiscal first quarter ended Sep. 30 on total revenue that was up 2% to $559.2 million from $550.8 million, with connected fitness products slipping 3% to $148.5 million but subscriptions up the same percentage to $410.7 million.

Sales at FOXF’s Specialty Sports Group declined 14% to $113,618,000 from $132,716,000 for the third quarter ended Oct. 2, with a $33.0 million contribution from Marucci before its sale on Sep. 25.

CLAR’s bottom line swung to a profit of $3,262,000 from a loss of $1,617,000 in the third quarter ended Sep. 30, on 3% higher sales of $71,218,000 up from $69,347,000.

Net income at the owner of The North Face, Helly-Hansen, Canterbury, and other brands for Japan fell 10% in the second quarter ended Sep. 30 to ¥3,261 million ($20.5 mm) from ¥3,609 million, despite revenue inching up 2% to ¥32,502 million ($204.1 mm) from ¥31,711 million.

The AI-powered wearable strength-training system and coaching platform has raised $1.95 million ahead of its launch, led by Rising Tide Partners, with participation from several family offices and other venture capital firms.

Riddell and former outside patent counsel for General Motors, William Jacob, have agreed to settle all patent infringement claims and counterclaims over energy absorption and dispersal technology, according to a filing in IL federal court asking the cases be dismissed with prejudice.

C.A.M.P. is recalling about 2,230 X-Dream, X-Dream Total Dry, X-All Mountain Hammer and X-All Mountain Adze ice axes because a screw can loosen during use, causing the handle or pick to detach.