March 27, 2025 Lululemon Guides for Slower Growth in 2025
Net income in the seasonally important final quarter increased 12% to $748,403,000 from $669,468,000, as revenues improved 13% to $3,611,497,000 from $3,205,103,000 with a helping hand from an extra week in LULU’s 2024 calendar. Colt CZ Sales Soar on Ammo Addition
The acquisition of Sellier & Bellot and growing long gun sales pushed revenues in the final quarter up 50% to CZK 7,403,897,000 ($312.8 mm) from CZK 4,945,035,000, but higher costs pulled profits down to CZK 335,918,000 ($14.2 mm) from CZK 504,933,000.
The Personal Health Investment Today Act is back before Congress, hoping to dovetail with the Trump Administration’s Make America Healthy Again agenda in a bid to finally pass after a series of false starts since 2006. MAP Active Sees Profits Down, but Sales Up to Finish the Year
The largest sporting goods retailer in Indonesia results lagged in the final quarter as net income attributable to shareholders was 32% lower to IDR 252,378 million ($16.0 mm) from IDR 371,809 million, despite 20% higher revenues of IDR 4,764,545 million ($301.6 mm) from IDR 3,974,392 million. Mainland Headwear’s Profit Halved
The Hong Kong-based manufacturer’s net income attributable to shareholders tumbled 52% last year to HK$57,074,000 ($7.4 mm) from HK$117,949,000 on 4% higher sales of HK$1,474,488,000 ($191.5 mm) up from HK$1,418,994,000. Beachbody Connected Fitness Sales Slip in Q4
Connected fitness sales at BODI were down 62% in the fourth quarter to $1.2 million from $3.2 million on 2,700 bike unit deliveries, down 34% from 4,100 a year ago. Bogner Continues To Grow Post-Covid
The German “athluxury” brand posted record sales totaling €187.6 million ($203.9 mm) for the fiscal year that ended on Mar. 31, 2024, up 7% from the previous year’s €175.6 million, lapping a 6% improvement. Cleveland Golf Founder Returns
Roger Cleveland is rejoining Cleveland Golf, which is now owned by Dunlop, as an advisor to the Tour and R&D teams, providing input on new products and designs. CPSC Recall: Specialized E-Bikes
Specialized Bicycle Components is recalling about 35,790 Vado and Como IGH E-Bikes because the chain/belt guard does not cover the belt drive and loose clothing can get entrapped in the belt drive.
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