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Sporting Goods Industry News for November 04, 2026
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.
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.
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.
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.
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.
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.
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.
The Japanese bike component and fishing tackle maker has acquired its longtime collaborator, Otsu City, Japan-based Jackall, which designs and manufactures fishing lures.
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.
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.
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