May 22, 2025 Deckers Warns of Rising Costs and Demand Headwinds
Net income in the final fiscal quarter ended Mar. 31 increased 32% to $157,201,000 from $119,186,000 as sales grew 6% to $1,021,780,000 from $959,758,000 with both Ugg and Hoka growth moderating after a torrid Holiday quarter. Colt CZ Group Shoots Higher in Q1
Incremental ammunition sales from Sellier & Bellot sent first-quarter revenues soaring 50% to CZK 5,512,221,000 ($231.2 mm) from CZK 3,667,086,000 last year, with net income attributable to shareholders up 73% to CZK 523,909,000 ($22.0 mm) from CZK 303,263,000. Nike Returns to Amazon, Plans Selective Price Increases
Pricing and channel changes are on the near horizon for the Swoosh as it plans hikes on certain price points while holding the line on others, and will return to direct partnership with Amazon for the first time in six years as it winds down the DTC push of recent years. Crocs Names Terence Reilly Chief Brand Officer
The molded footwear manufacturer elevated its EVP and president for Heydude, Terence Reilly, to the newly created role of EVP, chief brand officer, where he’ll oversee the marketing and communications for both Crocs and Heydude. Bass Pro Parent Downgraded on Tariff Risk
S&P Global downgraded Bass Pro and Cabela’s parent, Great Outdoors Group, to negative from stable, citing tariff uncertainty and a weaker-than-expected first quarter, which drove adjusted leverage over 5x. Federal Land Sales Mandate Pulled From Budget Bill
An amendment to the House budget package that would have mandated the sale of at least 460,000 acres of federal land in Nevada and Utah, was removed from the final version of the bill that was narrowly passed and sent to the Senate earlier this week. Steve Madden Sues Adidas over Three Stripes Mark
Steve Madden is suing The Big a in E. NY district court asking for a declaratory judgment of non-infringement, arguing that none of the claims of Adidas’ Three Stripes marks or designs are being infringed by Madden’s Viento and Janos shoes, which feature a two-stripe design. Etcetera: Deckers, Allbirds, SFIA
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