Net income for the first quarter slipped by 4% to $264,288,000 from $275,295,000, pulled down by a higher income tax rate this year, on 5% revenue growth to $3,174,677,000 up from $3,018,383,000, including a +4.5% comp.

The industry must stand as a bulwark against a potential $300 billion-plus economic headwind from physical inactivity, according to the World Federation of Sporting Goods Industry’s inaugural Physical Activity Impact Report: Moving the World Towards an Active Future.

The luxury sneaker brand’s revenue grew 12% in the first quarter to €164.5 million ($173.2 mm), driven by direct-to-consumer, which was up 19% year-over-year, with gains in the Americas (+13%), EMEA (+30%) and APAC (+9%).

Having sold off its ammunition manufacturing business to Winchester to refocus on its GunBroker online firearms marketplace, the former Ammo, Inc. named Steve Urvan as its new chairman and CEO.

CardiacSense refilled its patent suit against GRMN in MI district court, alleging the defendant is infringing on its patent no. 7,980,998, which relates to a device and method for monitoring training.

The wholesale golf accessories distributor has acquired global rights to Clicgear and all intellectual property for the brand from Clicgear Industrial Design Ltd.