September 03, 2025
Improving gross margin and careful expense management helped swing the bottom line to a $3,165,000 profit from a $69,000 loss in the second quarter, as revenues declined 7% to $151,256,000 from $162,867,000. Crocs Aims to Preserve Margins as Demand Softens
The clogmaker plans to focus on full-price selling as it navigates consumer caution and pressure from athletic footwear in wholesale, along with tariff impacts, CEO Andrew Rees outlined at the Goldman Sachs investor conference. Report: Holiday Gift Spending to Plummet this Year
In the first of many surveys aiming to predict 2025 holiday sales trends, PwC’s 2025 Holiday Outlook survey found that 84% of consumers plan cut back spending over the next six months and will spend $1,552 on average, 5% less compared to 2024. Penn State May Swap Nike for Adidas
The Nittany Lions are planning to make the switch to the Three Stripes from the Swoosh after 32 years for a reported $300 million over 10 years, with a significant portion allocated towards NIL, according to On3.
The baseball equipment and apparel maker has inked an agreement to acquire Tanner Tees, its first entry into the diamond sports training category. NICS Checks Keep Tumbling in August
NSSF-adjusted NICS checks dropped by 9.9% in Aug. to 1,091,342 compared to 1,210,995, the steepest decline so far in the seventh straight negative month this year. Outdoor Holding Company Regains Nasdaq Compliance
POWW held its annual meeting of stockholders on Aug. 29, meeting the final requirement to comply with Nasdaq’s rules, and has now regained compliance with Nasdaq Listing Rule 5620(a). Hodgdon Powder Company Sets New Leadership
Hodgdon Powder names Mike Stock as president and CEO, succeeding Steve Kehrwald, who will remain as an advisor through Dec., then transition to chairman. Etcetera: Fanatics, Mammut, J.McLaughlin, Skechers, Smith, New Era
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