Net loss narrowed to $8,389,000 from last year’s impairment burdened $81,604,000 loss on sales that improved 4% to $76,503,000 from $73,839,000, excluding the recently sold Precision Sports ammo segment.

Net income contracted by 29% in fiscal Q3 ended Jan. 31 to $7,882,000 from $11,079,000, while revenues increased 7% to $137,484,000 from $129,036,000 driven by soaring long gun sales.

The Finnish fishing brand ended 2023 in the red, tallying a loss for the full year of €6.9 million ($7.5 mm) against a profit of €3.7 million, on 19% lower revenues of $221.6 million ($239.6 mm) down from €274.4 million.

The red ink continued to flow at AOUT, inching up 2% to a loss of $2,910,000 in the fiscal third quarter ended Jan. 31 against a loss of $2,863,000 prior, despite 5% higher revenues of $53,425,000 up from $50,894,000.

Gap Inc.’s women’s athletic brand finished the year with $419 million in Q4 revenue, down 4% from $436 million, but same store sales declined 10%, lapping the prior quarter’s clearance sales.

The multi-brand fitness company has received a $65 million financing facility from Atlas Credit Partners, with approximately $35 million funded at closing, and $30 million in remaining availability.

Think Better Group has acquired the reusable water bottle maker, as it aims to leverage its position in the millennial consumer space with leading brands in drinks, lifestyle and care.

The Eager Beavertons see a NY district court judge rule that their trademark infringement claims against Bape can move forward, denying the Japanese streetwear brand’s motion to dismiss the case.

GT Bicycles is recalling about 3,634 LaBomba bicycles because the headtube/downtube weld can become damaged and separate from the bicycle frame.