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November 18, 2020


Shoe Carnival Sets Profit Record in Q3

Net income moved up 1% to $14,678,000 is Q3 from $13,726,000 last year, but revenue was flat, inching down to $274,579,000 from $274,645,000, and slowing sequentially from its strong rebound in the second quarter.

Dunlop Sports Returns to Growth in Third Quarter

Revenues at Sumitomo Tire’s sports division grew 3% to ¥19,970 million ($188.2 mm) from ¥19,354 million, bouncing back from Q2’s plunge as golf equipment sales took off after lockdowns lifted in North America and Europe.

Goldwin Results Continue Decline in FQ2

Net income was ¥915 million ($8.6 mm) in the fiscal second quarter ended Sep. 30, down 59% from ¥2,222 million last year, as revenues slipped 16% to ¥19,358 million ($182.5 mm) from ¥23,094 million.

GSM Outdoors Sold to Gridiron Capital

Sentinel Capital Partners, which acquired GSM from Huron Capital Partners in 2018, has divested the hunting, shooting and outdoor company to PE firm Gridiron Capital.

Sierra Added Two New Stores Last Quarter

The TJX-owned outdoor retailer ended the third quarter with 48 doors, up two from the end of Q2.

True Hockey Settles over Concussion Protection Claims

The Canadian hockey company will donate C$100,000 in equipment to support youth sports and cease making claims that its Dynamic 9 Pro hockey helmet could reduce the risk of concussions, in a settlement with that country’s Competition Bureau.

Etcetera: Adidas, Fanatics, Exped, Arc’teryx, Mountain Hardwear, Sea to Summit

 
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