Sporting Goods Industry News for October 28, 2024
Net income in VFC’s fiscal second quarter ended Sep. 30 was $52,178,000, despite a $150 million operating deficit from held-for-sale Supreme, lapping last year’s $450,697,000 loss, as revenues slipped 6% to $2,757,948,000 from $2,920,123,000.
The Swoosh continues to hold sway across generations despite pressure from upstarts in athletic footwear, according to AlixPartners’ first Consumer Sentiment Index in 15 years.
The former Sacks Parente Golf pre-released its third quarter results, boasting revenue that grew more than tenfold year-over-year to between $1,150,000 and $1,250,000 and by about 48% sequentially from Q2.
PA-based Gettysburg Trading Post is expanding its footprint into Frederick, MD, with its acquisition of the Gun Center.
Rawlings filed suit in St. Louis, MO circuit court against the Fox Factory-owned brand, claiming its former director of composite engineering, Frederic St. Laurent, left the company with a trove of highly confidential business secrets related to composite bat manufacturing.
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