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Sporting Goods Industry News for February 06, 2026
Nine digits of one-time charges and restructuring costs torpedoed Under Dog’s bottom line in the third quarter, which otherwise marked decent progress on the ongoing turnaround, leading it to raise full-year guidance slightly.
Net loss narrowed to just $1,255,000 against last year’s loss of $18,927,000 in the first fiscal quarter ended Jan. 2 on sales that improved 31% to $140,935,000 from $107,649,000, with contributions across all segments.
Revenues slipped 7% in the final quarter to $142 million from $152 million, and fell 6% on a constant-currency basis, but NWL believes the segment is turning the corner, benefiting from simplification, tighter inventory management, and improved execution.
Net income inched down 3% in the fiscal third quarter ended Dec. 31 to ¥3.0 billion ($20.0 mm) from ¥3.1 billion as revenues narrowed 1% to ¥28.5 billion ($190.0 mm) from ¥28.9 billion, but the Chinese joint venture with Anta Sports was a bright spot.
Skechers will be the only industry company to make a buy on the most significant advertising stage in the world, marking the brand’s 13th Big Game appearance.
DriBiz is recalling about 760 model AMT-010 Ammo Tabs desiccant tiles because they can fail to protect firearms and ammunition from humidity, allowing excess moisture to cause corrosion or rust.
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