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Sporting Goods Industry News for February 26, 2026
The Big Cat deliberately sacrificed revenues in the final quarter of 2025 to reset distribution, brand image, and the cost base, CEO Arthur Hoeld said, hoping to build a foundation for profitable growth, but 2026 will be a transition year at best.
Net income slipped 58% to $56.1 million from $132.3 million for the fourth quarter as sales jumped 31% to $1,078.5 million from $821.5 million on the addition of $217 million in Hanesbrands sales from Dec. 1, while organic growth was up 5%.
Net income jumped 37% to $32.5 million over $23.8 million in the fourth quarter on 5% revenue growth to $517.5 million from $494.7 million as Active Group gains of 12% to $372.7 million offset a 11% lower Work Group sales of $134.0 million.
Net loss in the seasonally small final quarter expanded to $34,901,000 against a loss of $1,116,000, in part due to a $17 million loss on debt extinguishment, despite 7% higher revenues of $477,224,000 up from $445,169,000.
A $295.2 million goodwill impairment related to a decline in share price sent FOXF’s net loss ballooning to $286,995,000 from $141,000 for the fourth quarter on a 2% improvement in sales to $361,072,000 from $352,837,000.
Rebel Sport posted sales of A$740.4 million ($477.7 mm) for the fiscal first half ended Dec. 27, up 5% from A$706.5 million, as demand patterns varied throughout the period and promotional activity ramped up in the second quarter.
Against the distractions of CODI’s Lugano jewelry subsidiary bankruptcy last year, its 5.11, Primaloft, Boa, and Velocity Outdoor businesses mostly posted positive results in the final quarter.
The bottom line declined 28% to A$3,418,000 ($2.2 mm) for the fiscal first half ended Dec. 31, from A$4,759,000 prior, on revenue that ticked up 3% to A$98,206,000 ($63.4 mm) from A$95,291,000.
After announcing its own board refresh earlier this week, RGR now sees 9.95% shareholder Beretta Holding S.A. nominate a slate of four independent director candidates for the company’s 2026 annual meeting.
Todson is recalling about 40,245 Concord 360 degree rechargeable light-up bike helmets because they don’t comply with retention system and positional stability requirements of the mandatory safety standard.
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