June 18, 2025 Smith & Wesson Sees Demand Headwinds Continuing
The gunmaker finished its fiscal 2025 with another weak quarter, as net income tumbled 68% to $8,634,000 from $27,335,000 on 12% lower sales of $140,762,000, down from $159,148,000 for Q4 ended April 30. New Survey Details Concerns of Small Outdoor Businesses
Under the specter supply chain challenges, marketing was top of mind for small businesses in the outdoor space during 2024, according to the 2025 Outdoor Small Business Benchmarking Study from REI Co-op Path Ahead Ventures and Founded Outdoors, shedding light on industry players with under $10 million in annual revenue. Solo Brands Sells Back TerraFlame
Solo is divesting its TerraFlame tabletop fire pit subsidiary consideration to the company's former owners but retaining the brand and intellectual property. S&S Activewear Outlook Negative on Weak Performance
S&P Global revised S&S Activewear's outlook to negative, citing the risk that the printwear company's adjusted leverage will remain above 6.5x this year and into 2026 while affirming its B issuer credit rating. Adidas Inks Juventus Extension
The 10-year extension of the Three Stripes' kit sponsorship deal pushes the expiration out to 2038 for a reported €408 million ($429.5 mm).
After completing Phase 2 of its Nhon Trach, Vietnam, factory build-out last year, the zipper maker will add a 1.08 million-sq.-ft. third phase to its manufacturing facility in a project that is expected to be completed by June 2027. Etcetera: Amer Sports, Nike, Authentic Brands
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