While reporting tepid results overall, The Big Cat is seeing sequential improvement and met its own guidance for the second quarter, including net income of €41.9 million ($45.5 mm), down 24% from €55.0 million a year ago, as revenues inched lower to €2,117.3 million ($2,301.4 mm) from €2,120.7 million.

Releasing Q2 earnings minutes before the stock market closed, MODG revealed that net income dropped 55% to $62.1 million from $117.4 million on 2% lower revenues of $1,157.8 million against $1,179.7 million, pulled down by lower golf equipment and softgoods sales.

Wolverine Worldwide’s net income declined 41% in the second quarter to $14.2 million from $24.0 million, as revenues fell by 28% to $425.2 million from $589.1 million, but $68.3 million of the shortfall was from the divested Sperry and Wolverine Leathers businesses.

Descente’s net income was down 14% to ¥2,739 million ($17.6 mm) in the first fiscal quarter ended June 30 from ¥3,191 million, as revenues inched up 1% to ¥27,482 million ($176.3 mm) against ¥27,162 million.

The bottom line swung to a loss of $4,037,000 from last year’s $11,514,000 profit on net sales inching up 1% to $131,550,000 from $130,927,000 for the second quarter as DTC sales were down 1% to $98.8 million on lower site traffic.

Allbirds reported another quarterly loss and lower revenues but said the results were within guidance range as it made further operational and financial progress.

Net income ticked 1% higher to BRL 139,713,000 ($26.5 mm) from BRL 138,951,000 on net sales that were up 5% to BRL 761,003,000 ($144.6 mm) from BRL 723,920,000 for the second quarter.

Revenues at Weyco’s boot brand fell by 33% in the second quarter as outdoor retailers continue to be cautious about reorders due to high inventory levels following two consecutive mild winters.

S&S Activewear has inked an agreement to purchase Alphabroder, bringing together two of the largest suppliers in the promotional products industry, which combined reportedly had over $4.1 billion in sales last year.

Bankrupt parent company Mountain Sports LLC sees U.K.-based Mountain Warehouse emerge as the stalking horse bidder for Eastern Mountain Sports.

The outdoor apparel company added two new positions to its leadership team, naming Kris Nelson as senior director of retail and Natalie Oshin as the brand’s merchandising director.