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Sporting Goods Industry News for April 07, 2026
The retailer put an $8.0 billion sales figure atop a new five-year plan unveiled at its 2026 Analyst Day, driving a 5% sales CAGR with 125 new stores, a low-single-digit comp, and e-commerce growth to 15% of the top line from the current 12%.
Lobbying efforts by companies and trade organizations have resulted in the removal of many product categories from the scope of onerous 50% levies on steel and aluminum products, according to an Apr. 2 proclamation from the White House.
The parent of Nordictrack, ProForm, and Freemotion hired veteran health and wellness industry executive Marc Washington as president and chief financial officer.
Levi Strauss’ Beyond Yoga brand grew by 23% in the fiscal first quarter ended Mar. 1 to $43.3 million from $35.2 million, narrowing the operating loss to $0.8 million from a loss of $3.1 million prior.
The 285-plus-door franchised running specialty chain inked an official vendor partnership with the Swoosh, aiming to improve Nike Running product assortments in its stores and to collaborate on event sponsorships.
The struggling action camera maker will slash about 23% of its workforce beginning in the second quarter of 2026, aiming to reduce operating costs and drive stronger operating leverage.
DKS sees a PA district court judge reject most of a Magistrate’s findings in a derivative class action against senior executives at the retailer, but the suit can move forward on several remaining claims.
The water sports industry pioneer and longtime member of the Sporting Goods Industry Hall of Fame passed away on Mar. 18, 2026. He was 90 years old.
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