Profits were up more than threefold in FY25 ended Mar. 31 to ¥2,992 million ($19.6 mm) from ¥810 million on 6% higher revenues of ¥55,309 million ($362.5 mm) against ¥51,957 million.

Canadian Tire Corp. inked an agreement to acquire Hudson’s Bay Company’s IP, including HBC Stripes and various company names, logos, designs, coat of arms, and brand trademarks for $30 million.

For the second straight month, adjusted sales of sporting goods/hobby/book and music stores increased in Apr., rising 1.7% to $7,927 million from $7,797 million last year, but were down 2.5% sequentially from Mar., according to Commerce Dept. data.

The ratings agency placed DKS on review for a downgrade because of the likelihood that the retailer’s debt burden will increase significantly after the acquisition closes.