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Sporting Goods Industry News for June 03, 2026
The Trump Administration announced plans for a slate of 10% to 12.5% tariffs based on the results of the March Section 301 investigations, covering 60 trading partners accounting for nearly all imported goods, as the temporary 10% global tariff prepares to sunset in July.
Net loss was slashed by almost two-thirds to start the year, just $7,953,000 in the red against $22,152,000, as revenues jumped 16% to $124,718,000 from $107,611,000 and comps soared 22.9%.
The speed bumps of H2 2025’s inventory rightsizing are giving way to clear growth paths, CROX said at the Baird Global Consumer, Technology & Services Conference, as North American DTC continues to pick up steam from its positive Q1 performance.
The owner of Reebok, Champion, and dozens of other brands was upgraded to BB- from B+ by S&P Global, including its issuer credit rating and issue-level ratings on its first-lien senior secured debt.
The apparel and footwear resale platform is aiming for $500 million in sales, aided by the logistics infrastructure it built over the past several years, plus AI, James Reinhart revealed at the William Blair Annual Growth Stock Conference.
NSSF’s adjusted NICS FBI background checks were up for the fourth consecutive month, increasing 3.2% to 1,105,758 in May from 1,071,685, and are up by 1.9% for the year thus far.
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