Net loss for the fiscal first quarter ended June 30 was $2,612,000, lapping a $305,426,000 loss last year that included a big litigation reserve to settle a shareholder suit, as revenues slipped 4% to $1,134,068,000 from $1,183,665,000.

Net income attributable to shareholders increased 22% in the second quarter to $170,498,000 from $140,302,000 on 13% higher sales of $2,440,024,000 against $2,157,643,000, which were up nearly 12% on a constant currency basis.

The Havaianas and Rothy’s parent posted BRL 87.0 million ($15.7 mm) in net income in the second quarter, up 271% from BRL 23.4 million, as net sales gained 8% to BRL 1,101.4 million ($198.3 mm) from BRL 1,016.5 million.

The Japanese racquet sports and golf company posted a 51% improvement in net income to ¥4,237 million ($29.3 mm) from ¥2,797 million in the fiscal first quarter ended June 30, on sales that increased 28% to ¥39,856 million ($275.8 mm) from ¥31,067 million.

Having sold off its ammunition manufacturing to Winchester, revenues at OHC’s remaining GunBroker business declined 3% in the second quarter to $11,857,376 from $12,281,991, and generated a net loss of $7,232,459 compared to a loss of $15,534,107 prior.

Import cargo volume at major container ports is expected to end 2025 down 6% from 2024’s level, according to the NRF and Hackett Associates’ Global Port Tracker report.

The USPTO’s Patent Trial and Appeal Board handed the Lulunatics another victory over the Eager Beavertons and canceled all claims related to Nike’s Flyknit patent no. 8,266,749, which covers various aspects of knitted textile uppers.