|
Sporting Goods Industry News for November 09, 2026
Net income ticked up 2% to BRL 175.5 million ($33.3 mm) from BRL 171.3 million for the third quarter, on an 11% net sales gain to BRL 1,239.7 million ($235.5 mm) from BRL 1,115.8 million.
Parent Giant Group reported third-quarter revenues increased 6% to TWD 16.31 billion ($509.8 mm) and generated TWD 330 million ($10.3 mm) in net profit attributable to shareholders, down 6% from a year ago.
Brooks Running revealed its continued momentum last month, but BRK said in its third-quarter 10-Q that Fruit of the Loom sales declined due to changes in sales mix and the exit of unprofitable lines of business.
Daiwa Fishing and Golf’s parent company saw net income inch down 2% to ¥2,110 million ($13.3 mm) from ¥2,155 million in the fiscal second quarter ended Sep. 30, despite revenues improving 6% to ¥36,066 million ($226.5 mm) from ¥33,882 million prior.
PTON is launching a private offering of $600.0 million in senior secured notes due 2032 and seeking a $200.0 million five-year revolving credit facility, aiming to cut interest expense and extend maturities to 2032.
The women’s soccer boot maker that won SFIA’s Start-Up Challenge in 2022 has scored another $3 million, closing a Series A round led by CoverFour, an investment firm helmed by Marucci Sports O.G. Joe Lawrence.
Asics awarded the $40,000 grand prize at its Kenzen 2026 start-up competition to Timeshifter, which develops technologies to help travelers control circadian rhythms and already reports more than 1.8 million app users.
The day before Under Armour’s long-running dispute with Multiple Energy Technologies was scheduled for trial, the two parties have agreed to settle, according to a filing in W. PA federal court.
|