In observance of the Presidents’ Day federal holiday we will not be publishing SGI NewsWire on Monday, February 16. We will resume publishing on Tuesday, February 17.

Finishing out a stellar year and already blowing past 2026 performance targets, the Japanese sportswear giant tallied 21% revenue growth in Q4 to ¥185,861 million ($1,206.0 mm), up from ¥153,072 million, and a profit of ¥12,405 million ($80.5 mm) against a small loss prior.

Sales were down 18% in the fourth quarter to SEK 36,848,000 ($3.8 mm) from SEK 44,710,000, resulting in a loss of SEK 2,587,000 against a profit of SEK 4,411,000.

Net income crashed 93% in the Japanese distributor and equipment maker’s fiscal third quarter ended Dec. 31, to just ¥152 million ($1.0 mm), from ¥2,102 million, on sales that were up 6% to ¥13,469 million ($90.0 mm) from ¥12,713 million.

Nazzaro Scarpa, who holds a rolling dumbbell patent, filed suit in MA district court against Rogue Fitness, Target, Titan Fitness, Iron Master, PRX Master, Bear Komplex, and Aviron for infringing on his patent.