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Sporting Goods Industry News for August 13, 2026
Net income attributable to shareholders lifted 16% in the second quarter to $31.2 million from $26.8 million, on 7% revenue growth to $506.4 million from $474.2 million, led by double-digit gains at Saucony and Merrell.
Net income dipped 15% to €109,583,000 ($126.0 mm) from €129,228,000 for the fiscal third quarter ended June 30 on revenue that was up 13% (+15% CC) to €719,527,000 ($827.5 mm) from €635,042,000 on growth across regions and channels.
Net income increased 39% in the second quarter to $71,317,000 from $51,151,000, boosted by a $42.6 million net IEEPA tariff refund, on 9% higher revenue of $483,868,000 from $445,892,000.
Net loss narrowed to $4,391,000 in the second quarter from a loss of $20,767,000 a year ago, as sales declined 4% to $88,460,000 from $92,257,000, with growth within its Watersports segment not able to offset slowing Chubbies and Solo Stove sales.
Revenues at SportChek and CTC’s other sporting goods retailers increased 7% to C$529.2 million ($383.2 mm) in the second quarter from C$495.1 million, led by World Cup-related apparel and Montreal Canadiens fanwear.
Net loss was $1,810,000, compared with a profit of $823,000 in the second quarter, as revenue at the mobile-first firearms e-tailer grew 9% to $23,217,000 from $21,228,000.
The active lifestyle apparel brand aims to triple its international footprint this year by opening around 20 new stores over the next 12 months, as it targets $2 billion in annual sales and quadrupling its EBITDA within five years.
The Tom Brady-backed sports cards and collectibles retailer scored an unspecified equity raise from an investment group that includes RedBird Capital founder Gerry Cardinale, Shawn “Jay-Z” Carter, and UFC president and CEO Dana White.
Ritchey Design is recalling about 775 carbon bicycle forks because the alloy insert in the front crown hole can come loose, causing an accessory to fall off and strike the bike’s front wheel.
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