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Sporting Goods Industry News for October 29, 2026
Third-quarter net income jumped 53% to €706 million ($811 mm) from €461 million, boosted by a €200 million IEEPA tariff refund, while revenue rose 9% to €7,252 million ($8,336 mm) from €6,630 million, or 7% constant currency.
Net income benefited from $64 million in IEEPA tariff refunds, leaping 49% to $216,755,000 from $145,816,000 in the third quarter, while revenue rose 5% to $1,042,583,000 from $966,301,000.
Net income improved 63% to $84,740,000 in Q3 from $52,005,000 a year ago, which included a $29 million prAna and Mountain Hardwear impairment charge, as revenues increased 2% to $962,582,000 from $943,425,000.
The Berkshire Hathaway-owned running company said revenues rose 12% in the first nine months of 2026, with growth in every region and channel, including an 11% increase in footwear sales and an 18% increase in apparel.
Net loss narrowed in the fiscal first quarter ended Sep. 27 to $2,020,000 from a loss of $11,357,000 last year, on 6% lower revenues of $127,920,000 down from $135,674,000.
Net income was up 21% in the third quarter to $6,733,000 from $5,554,000 on 3% lower revenue of $65,608,000 against $67,786,000.
Ammo sales increased 10% to $484.7 million from $439.6 million in the third quarter at Olin Corp. subsidiary, driven by a recovery in U.S. commercial demand.
Slowing Asia sales was the only hiccup in the Italian exercise equipment maker’s nine-month results, in which revenues improved 6% to €751,983,000 ($864.3 mm) from €708,464,000, including 7% growth in B-to-B and 2% higher B-to-C sales.
The down-under retailer provided a trading update for the first 16 weeks of the new fiscal year in conjunction with its annual meeting, reporting total comps inched up just 0.2%, with a 2% net sales gain, including Rebel Sport, BCF, Macpac, and the Supercheap Auto banner.
With a new U.S. warehouse and customer service center coming online in Jan. 2027, the 13-year-old Italian bike apparel maker is rolling out a new sales organization to support growth here.
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