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Sporting Goods Industry News for May 08, 2026
Green arrows won the day on sports and recreational participation charts as nine out of 10 tracked segments posted gains, and post-pandemic winners continued their ascent in the trade association’s Sports Participation in the United States 2026 edition.
The world’s largest bike maker’s bottom line swung to a loss of TWD 199.8 million ($6.3 mm) from a profit of TWD 367.6 million, on 26% lower revenues of TWD 12,523.5 million ($395.1 mm).
Net income from continuing operations was up 49% to BRL 177.6 million ($33.7 mm) from BRL 119.1 million in the first quarter, driven by 13% revenue growth to BRL 1,229.5 million ($233.6 mm) from BRL 1,092.5 million, mostly from BRL 1,216.6 million in Havaianas sales.
Net income grew more than fourfold in the fiscal second quarter ended Apr. 3 to $9,409,000 from $2,304,000 on a 16% gain in revenues to $194,480,000 from $168,349,000.
Imports exceeded projections in Mar., inching up 1% to 2.16 million Twenty-Foot Equivalent Units, rebounding sequentially from the Lunar New Year factory shutdowns in China, according to the NRF and Hackett Associates.
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