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Sporting Goods Industry News for August 13, 2026

Wolverine Worldwide Raises Guidance as Momentum Builds

Net income attributable to shareholders lifted 16% in the second quarter to $31.2 million from $26.8 million, on 7% revenue growth to $506.4 million from $474.2 million, led by double-digit gains at Saucony and Merrell.

Birkenstock Net Falls on Rising Costs as Sales Jump 13%

Net income dipped 15% to €109,583,000 ($126.0 mm) from €129,228,000 for the fiscal third quarter ended June 30 on revenue that was up 13% (+15% CC) to €719,527,000 ($827.5 mm) from €635,042,000 on growth across regions and channels.

Yeti Raises Profit Guidance after Tariff Refund

Net income increased 39% in the second quarter to $71,317,000 from $51,151,000, boosted by a $42.6 million net IEEPA tariff refund, on 9% higher revenue of $483,868,000 from $445,892,000.

Solo Brands Trims Loss in Q2

Net loss narrowed to $4,391,000 in the second quarter from a loss of $20,767,000 a year ago, as sales declined 4% to $88,460,000 from $92,257,000, with growth within its Watersports segment not able to offset slowing Chubbies and Solo Stove sales.

Canadian Tire Sports Banners Grow 7% in Q2

Revenues at SportChek and CTC’s other sporting goods retailers increased 7% to C$529.2 million ($383.2 mm) in the second quarter from C$495.1 million, led by World Cup-related apparel and Montreal Canadiens fanwear.

GrabAGun Swings to Loss as Sales Grow

Net loss was $1,810,000, compared with a profit of $823,000 in the second quarter, as revenue at the mobile-first firearms e-tailer grew 9% to $23,217,000 from $21,228,000.

Fabletics Accelerates Towards $2 Billion

The active lifestyle apparel brand aims to triple its international footprint this year by opening around 20 new stores over the next 12 months, as it targets $2 billion in annual sales and quadrupling its EBITDA within five years.

CardVault Gets Strategic Investment

The Tom Brady-backed sports cards and collectibles retailer scored an unspecified equity raise from an investment group that includes RedBird Capital founder Gerry Cardinale, Shawn “Jay-Z” Carter, and UFC president and CEO Dana White.

CPSC Recall: Carbon Bicycle Forks

Ritchey Design is recalling about 775 carbon bicycle forks because the alloy insert in the front crown hole can come loose, causing an accessory to fall off and strike the bike’s front wheel.

Etcetera: Lululemon, PGA Tour Superstore, Salomon, Pitman Creek Wholesale, Paddletek
 
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