Discussions are in the late stages and could be finalized as soon as tomorrow, the Wall Street Journal reported, citing sources close to the matter, in a deal that would give DKS a big leg up on its acquisitive competitor JD Sports.

Net income was cut 63% to ¥971 million ($6.6 mm) from ¥2,592 million on sales that were up 3% to ¥250,603 million ($1,704.1 mm) from ¥242,433 million for Xebio’s fiscal year ended Mar. 31.

The owner of The North Face, Helly-Hansen, Canturbury and other brands for Japan finished the fiscal year ended Mar. 31 with a 1% increase in Q4 net income to ¥6,749 million ($44.2 mm) from ¥6,707 million, as revenues grew 11% to ¥35,472 million ($232.5 mm) against ¥32,075 million.

After a dismal 2024, the South African protective equipment maker came back strong in the first quarter, reporting $1,121,124 in profit against a $816,679 loss on 45% higher revenues of $15,367,864, up from $10,614,470.

Pivoting to a new distribution model, the connected fitness and nutrition products company’s Q1 revenues plunged 40% to $72.4 million from $120.0 million, but the net loss narrowed to $5.7 million from a loss of $14.2 million.

The ratings agency said Outerstuff’s revenues grew nearly 20% in 2024, and adjusted EBITDA in 2024 increased more than 80%, as it affirmed the kids’ licensed apparel maker’s B- issuer credit rating with a stable outlook.

NFL Properties was hit with a suit in S. NY district court by an attorney, Todd Bank, who is seeking to sell unlicensed NFL merchandise without the risk of being sued by the defendant for infringement.