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Sporting Goods Industry News for August 03, 2026
Net sales ticked up 1% to NZ$374.2 million ($218.8 mm) for the fiscal first half ended Jul. 26, led by a 3% increase from Rebel Sport’s New Zealand stores driven by soccer and rugby tailwinds.
Net income nearly doubled in the fiscal first quarter ended June 30 to ¥9.0 billion ($56.5 mm) from ¥4.9 billion a year ago, buoyed by equity method income from the China JV with Anta Sports, as total revenues grew 12% to ¥27.7 billion ($173.8 mm) from ¥24.7 billion.
The ratings agency maintained GOOS’ Ba3 corporate family rating and stable outlook, praising conservative credit metrics that keep debt/EBITDA below 3x, helping it absorb softness in consumer demand and U.S. tariff headwinds.
A jury found PTON’s content streaming service infringes on NEC Corp.’s patent technology, awarding the Japanese electronics maker $20.5 million in damages, set as back payments for a running royalty.
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