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Daily News Feed 03/04/2026 Adidas Sees Big U.S. Rebound Coming This Year
The Big a’s reported Q4 results were not particularly impressive, but backing out last year’s final Yeezy clearance sales and accounting for the stronger euro improves the picture, giving CEO Bjørn Gulden confidence in high-single-digit growth this year and healthy gains in operating profit, along with a recovery in North America. Vulcabras Doubles 2025 Profits on Mid-Teens Growth
Net income contracted 6% to BRL 158,820,000 ($30.2 mm) from BRL 169,220,000 for the fourth quarter as revenue increased 11% to BRL 1,008,606,000 ($191.6 mm) from BRL 905,719,000. NICS Checks Up, NFA Checks Soar in February
NSSF’s adjusted NICS checks grew 3.5% to 1,265,320, marking the first improvement in six months, compared to 1,222,980 a year ago. Shadow Systems Acquired by Management
The TX-based firearms maker has been acquired from Catalyst Holdings by Roe Strategic Capital, a partnership between current Shadow Systems CEO Trevor Roe and investor Richard Roe. Eddie Bauer Auction Cancelled, Leases Next
The bankrupt casual and outdoor retailer attracted no interest from potential acquirers as the Mar. 3 bidding deadline passed, leading the court to cancel the asset auction that was scheduled for Mar. 6. Soles4Souls Acquires Erren Recondition
The Nashville, TN-based nonprofit is acquiring the European footwear, apparel, and accessories reconditioning firm, Erren Recondition, for undisclosed terms. Etcetera: REI, Armament Systems and Procedures
03/03/2026 On Running’s CHF3 Billion Year Undermined by ForEx
Net income in the final quarter declined by 23% to CHF 69.1 million ($86.4 mm) from CHF 89.5 million, pulled down by a CHF 50.7 million negative swing in foreign exchange, as revenues increased 23% (+30% CC) to CHF 743.8 million ($929.8 mm) from CHF 606.6 million. Helly Hansen Outperforms for Kontoor Brands
Helly Hansen sales tallied $247,113,000 in Q4, up 10% year-over-year, and contributed $0.44 to parent Kontoor Brands’ EPS, beating its new owner’s quarterly guidance of $0.29. Nike Holds off Competitors in Latest Brand Heat Survey
Competition for the top spots in athletic footwear continues to tighten, as performance brands battle it out behind Nike’s continued hold on the top spot with men and women, according to LEK’s fifth annual Brand Heat Index. Sportsman’s Warehouse Sees Gun Demand Pick Up
SPWH is forecasting sales will inch down 2% to around $334.9 million from $340.4 million in the final quarter ended Jan. 31, as demand recovered in Jan. after a softer than expected Nov. and Dec. Golden Goose Closes 2025 with 15% Growth
The Italian luxury sneaker brand’s revenues were €734 million ($825 mm) last year, up 15% on a constant-currency basis, driven by a 21% jump in direct-to-consumer sales to 81% of total revenues.
Weyco Group’s rugged brand struggled in the final quarter, declining 6% due to continued softness in the rugged footwear category, lapping a 17% tumble a year ago. Amer Sports Selling Stock to Retire Debt
AS launched a public offering of 20,604,396 shares of its common stock for $36.40 per share, aiming to generate gross proceeds of $750 million. Unspun Taps Former North Face Chief as CEO
Unspun, which utilizes 3D weaving technology to convert yarn directly into garments, tapped outdoor industry veteran, Arne Arens, as CEO, as it aims to accelerate the shift from offshore production to U.S.-based manufacturing. Etcetera: Mammut, Revelyst, Compass Diversified
03/02/2026 Sturm, Ruger Vows to Improve in 2026 as Proxy Battle Looms
Profits in the final quarter tumbled by two-thirds to $3,485,000 from $10,477,000, driven by plunging gross margins, despite a 4% increase in revenues to $151,062,000 from $145,775,000. ThredUp Narrows Loss as Sales Grow Double Digits
The online resale platform posted a net loss of $5,575,000 for the fourth quarter, down 74% from $21,707,000 a year ago, on 18% revenue growth to $79,704,000 from $67,276,000 as active buyers increased 30% to 1.65 million and orders increased 27% to 1.56 million. Woom Sees Innovation Drive Record Sales
The children’s bicycle brand said its sales increased by 27% to a record €149 million ($167 mm) in the final quarter of FY25, up from €117 million in the prior quarter, as it plans an aggressive expansion in the U.S. market. Palero Buys Zeiss Hunting & Nature
The German investment company, which focuses on carve-outs in the small- and medium-sized segment, has agreed to acquire Zeiss’ Hunting & Nature business, which is being spun off into a new company.
The former CEO of baseball equipment supplier All-Star and Sporting Goods Industry Hall of Famer passed away on Feb. 24 at the age of 73 after a battle with cancer. Etcetera: A4, Dick’s SG, Nike, Giant
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