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Sporting Goods Industry News for December 04, 2025

Genesco Cuts Guidance on U.K. Weakness

The bottom line swung back to a $5,356,000 profit after last year’s $18,932,000 loss in the third quarter, on 3% sales growth to $616,217,000 from $596,328,000, with total blended comps up 3%, with +5% in stores offsetting 3% lower e-commerce sales.

Sportsman’s Warehouse Slashes EBITDA Guidance

The outdoor and shooting sports retailer just broke even in the third quarter, reporting $8,000 in net income against a loss of $364,000 a year ago, as revenues inched up 2% to $331,323,000 from $324,261,000, and same-store sales grew 2.2%.

Zumiez Profits Soar as Comps Keep Improving

Net income was up eightfold to $9,160,000 from $1,159,000 for the third quarter on 8% top line growth to $239,132,000 from $222,475,000, as comps were improved 7.6%, lapping +7.5%, and margins improved across the P&L.

Frasers Group Gains on Acquisitions

The Sports Direct Parent’s net income attributable to shareholders more than doubled to £330.9 million ($447.2 mm) from £155.3 million in the fiscal first half ended Oct. 26, on revenues from continuing operations that grew 5% to £2,581.3 million ($3,488.2 mm) from £2,458.6 million.

Smith & Wesson Forecasts Return to Growth

Net income tumbled 58% in the fiscal second quarter ended Oct. 31 to $1,917,000 from $4,546,000 as shrinking gross profit more than offset cost savings below the line, on 4% lower sales of $124,670,000 down from $129,679,000.

Compass Diversified Details Lugano Fallout, Next Steps

CODI outlined a plan to return to compliance with its senior lenders and enacted safeguards following an investigation into Lugano, its embattled high-end jewelry subsidiary.

Dunlop Sports Parent Initiates Global Rebranding

Japan’s Sumitomo Rubber Industries, which makes tires and sporting goods under Dunlop, Srixon, XXIO, Cleveland Golf, and other brands, will rename the company as Dunlop effective Jan. 1, 2026.

Giant Group Enacts More Labor Reforms

The Giant Bicycle parent implemented its Zero Recruitment Fee policy and finalized the second phase of all remaining refunds to current migrant workers in response to the U.S. Customs and Border Protection’s Withhold Release Order issued in Sep.

Adidas Scores Victory in Shareholder Suit

The Big a sees the 9th U.S. Circuit Court of Appeals rule in its favor, agreeing that it did not mislead investors by concealing problems in the relationship with Kanye West.

Etcetera: Fanatics, GrabAGun, Henry Holsters
 
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