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Sporting Goods Industry News for November 04, 2026

Acushnet Maintains Guidance after Flattish Q3

Net income inched up 1% in the third quarter to $49,186,000 from $48,511,000, but revenues slipped 1% to $649,230,000 from $657,658,000, as strong Titleist ball sales were not enough to overcome declines in all other categories.

Compass Diversified’s Sports Brand Profits Improve

Revenues at CODI’s largest sports brand, 5.11 Tactical, slipped by 7% in the third quarter to $133,866,000 from $143,240,000, as lower promotions hurt direct sales to its price-sensitive consumers, and U.S. wholesale partners were reducing inventory.

Sturm, Ruger Net Soars as Sales Jump 17%

Net income jumped nearly fourfold to $5,805,000 from $1,582,000 for the third quarter as sales grew 17% to $147,626,000 from $126,766,000 on increased demand and higher prices.

Descente’s Profit Grows in Q2 on Sales Gains

Net income nearly doubled in the fiscal second quarter ended Sep. 30 to a record high ¥8.5 billion ($56.4 mm) from ¥4.3 billion, boosted by its Chinese joint venture with Anta Sports, as revenues grew 7% to ¥33.3 billion ($209.2 mm) from ¥31.1 billion.

Empower Brands Bids to Take Helen of Troy Private

The parent of Hydro Flask and Osprey Packs has received a $37.00 per share cash buyout offer from Empower Brands Holdings Group, which is jointly owned by Spectrum Brands and Oaktree Capital Management.

Bogs Sales Grow 6% in Q3

Florsheim parent Weyco’s boot brand saw another quarter of growth, improving 6% in the third quarter to $11.6 million, with sales volumes up across most major channels.

ThredUp Sees Loss Deepen, Revises Guidance

The apparel and footwear resale marketplace’s net loss expanded 29% to $5,468,000 from a loss of $4,248,000 in the third quarter, on 7% higher sales of $88,230,000, up from $82,161,000, as active buyer count grew 16% to a record 1.82 million.

Shimano Adds Jackall Lures

The Japanese bike component and fishing tackle maker has acquired its longtime collaborator, Otsu City, Japan-based Jackall, which designs and manufactures fishing lures.

Revelyst Acquires European Golf Distributor

The parent company of more than 30 sporting goods brands acquired U.K.-based Optimum Golf Technologies, a key distribution partner for Revelyst’s Foresight Sports and Bushnell Golf brands.

Adidas Signs AC Milan, Replacing Puma Starting in 2028

The Big a will take over as AC Milan’s kit sponsor in a 10-year deal worth €50 million ($57.4 mm) a year starting with the 2028/2029 season, making it the most lucrative kit sponsorship deal in Italian soccer history as the Rossoneri ditch Puma.

Etcetera: Under Armour, Dick’s, Helinox, Fox Factory
 
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