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Sporting Goods Industry News for August 17, 2026

Xebio Profits Rebound in First Quarter

Net income bounced back to ¥2,819 million ($17.7 mm) for the fiscal first quarter ended June 30 from ¥288 million, lapping last year’s 90% drop, on a 6% revenue gain to ¥68,242 million ($428.1 mm) over ¥64,308 million.

Newton Golf Sales Drop on Manufacturing Reset

Net loss at the golf shaft and club maker expanded 50% to $2,278,000 from $1,520,000 for the second quarter as net sales tumbled 36% to $1,316,000 from $2,068,000 due to limited manufacturing capacity.

Perfect Moment Sales Fall in Q1 on Strategic Shift

The luxury skiwear brand’s revenues were down 22% in the seasonally small first quarter to $1,150,000 from $1,472,000, while net loss narrowed by 11% to $3,533,000 from $3,978,000.

Interactive Strength’s Gains from Ergatta and Wattbike

TRNR revenues grew more than fivefold in the first quarter to $6,647,000, boosted by the first full quarter of Ergatta consolidated results, from $1,219,000 in the prior period.

Rapala Says H1 Profits Will Rise on N.A. Strength

The Finnish fishing gear maker said that it expects its operating profit to grow around 67% to between €12 and €14 million ($15.1 mm at the midpoint), driven by robust replenishment demand in North America.

Sporting Goods Sales Grow Double Digits in July

Sporting goods, hobby, music, and bookstore adjusted sales continued to outperform retail as a whole, gaining 10.1% year over year last month to $8,936 million from $8,113 million, the Commerce Dept. reported, and were flat sequentially from June.

Foot Locker and Nike Launch New Crenshaw Retail Concept

The Crenshaw Rec by Foot Locker is a new retail store and community center opening this weekend on Slauson Ave. in Los Angeles, CA’s Crenshaw neighborhood.

Etcetera: Vuori, Unifi, Tersus Solutions, L.L.Bean, Ridge Merino
 
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