First half net income attributable to shareholders dipped 11% to RMB 1,737,422,000 ($243.2 mm) from RMB 1,952,032,000 on revenue that was up 3% to RMB 14,816,763,000 ($2,074.3 mm) from RMB 14,345,288,000.

Rebel sports sales increased 5% to A$1,361.7 million ($871.5 mm) from A$1,298.9 million for the fiscal year ended July 1, including a +3.5% comp on gains in both total transactions and ATV.

Profit attributable to shareholders slipped 14% to $78,633,000 from $91,944,000 for the first half, impacted by some short-term gross margin headwinds, as revenue increased 1% to $775,074,000 from $770,011,000.

The Australian skate and extreme sports company reported a 15% decline in net income to A$9,797,000 ($6.3 mm) from A$11,469,000 in the fiscal year ended June 30, as revenues slipped 7% to A$206,295,000 ($132.2 mm), down from A$222,317,000.

A new participation study from the Sports & Fitness Industry Association and Sports Marketing Surveys found that inactivity rose by about 2 million people, or 0.6 percentage points, to 22.9% of the U.S. population aged 6+.

Ammo, Inc., which changed its name to Outdoor Holding Co. in June, is being sued in a shareholder class action that accuses the company—along with founder and former CEO Fred Wagenhals, current CEO Jared Smith, and former CFO Robert Wiley—of concealing a lack of adequate internal controls over financial reporting.