Expanding margins and reduced spending combined to boost the Eager Beavertons’ profits 45% in the final fiscal quarter ended May 30 to $1,500 million from $1,031 million, while revenues came in lower than expected, inching down 2% to $12,606 million from $12,825 million.

Net loss expanded 38% to $5,302,000 for the fiscal fourth quarter ended Apr. 30 from $3,836,000 prior on net sales that increased 10% to $46,299,000 against $42,203,000, including a 26% jump from the retail channel, more than offsetting a 10% dip in e-commerce.

The Chinese retailer and distributor’s total retail and wholesale revenues declined mid-single digits for the fiscal first quarter ended May 31 as it faced a tough comparison against last year’s low-20% gain in FQ1 sales.

Levi Strauss’ yoga brand’s sales increased 13% in the fiscal second quarter ended May 26 to $32.9 million from $29.1 million driven by strength in wholesale and e-commerce.

After MNC Capital raised its bid for the company to $3.2 billion, the VSTO board adjourned the July 2 special meeting of stockholders to vote on the sale of Kinetic Group to Czechoslovak Group, rescheduling it for July 23.

The previously announced Birkenstock Holding and an L Catterton affiliated entity’s offering of 14 million shares of BIRK common stock is priced at $54 per share.

The USPTO’s Patent Trial and Appeal Board has once again sided with the Lulunatics and canceled claims in two Nike patents that cover methods for calculating fitness scores from sensor data.

REI is recalling about 75,860 Co-op Cycles REV 12-, 16-, or 20-inch kid’s bicycles with training wheels because the training wheel assembly knob can loosen and detach.