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Sporting Goods Industry News for December 09, 2025

Academy Sports’ Comps Rebound, Profits Improve

Academy’s expanding fleet powered a 3% increase in third-quarter revenues to $1,383,696,000 from $1,343,330,000, overcoming a -0.9% comp, as gross margin improvement helped the bottom line grow 9% to $71,562,000 from $65,763,000.

Caleres Guides for 2025 Loss on Tariffs, Integration Costs

Net income attributable to Caleres, Inc. plunged 94% to $2,386,000 from $41,427,000 on 7% higher sales of $790,051,000 up from $740,941,000, as the recent Stuart Weitzman acquisition bolstered the top line but onboarding expenses dinged the bottom line.

DSW’s Expanding Margins Power Designer Brands Profits

Net income increased 46% to $19,318,000 from $13,214,000 for the third quarter, helped by ongoing expense discipline, on sales that were down 3% to $752,411,000 from $777,194,000 with a total comp decline of 2.4%.

American Outdoor Brands’ Sales Drop 5%

Net income slipped by a third to $2,075,000 from $3,111,000 in the fiscal second quarter ended Oct. 31 on 5% lower revenues of $57,199,000, down from $60,232,000.

G-III Apparel Touts Solid Q3 for Sports Brand Licenses

The fashion-focused apparel maker’s first line of Converse apparel launched in the quarter and delivered strong results, helped by Nike providing additional global distribution channels beyond the usual U.S. wholesale partners.

Leatherman Tool Group Sets Leadership Transition

Leatherman promoted Kris Hamper to president and CEO, effective Jan. 1, succeeding Ben Rivera, who has served in the role since 2013.

Otis Technology Names New CEO

The gun cleaning systems and accessories maker elevated Brad McIntyre to CEO, effective Jan. 1, succeeding Bill Kleftis, who will remain with the company as an advisor through the first quarter to ensure a seamless transition.

Athleta Scores Partial Win on U.K. Trademark Appeal

The Gap-owned brand scored a partial victory as the U.K. Court of Appeals ruled that Sports Group Denmark (SGD) is free to continue using its Athlecia mark in the U.K., but it must refresh its logo.

Etcetera: Frasers Group, Shoe Carnival, Pantone, Bootcap, Deuter
 
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