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Daily News Feed


08/13/2026


Wolverine Worldwide Raises Guidance as Momentum Builds

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.

Birkenstock Net Falls on Rising Costs as Sales Jump 13%

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.

Yeti Raises Profit Guidance after Tariff Refund

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.

Solo Brands Trims Loss in Q2

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.

Canadian Tire Sports Banners Grow 7% in Q2

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.

GrabAGun Swings to Loss as Sales Grow

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.

Fabletics Accelerates Towards $2 Billion

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.

CardVault Gets Strategic Investment

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.

CPSC Recall: Carbon Bicycle Forks

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.

Etcetera: Lululemon, PGA Tour Superstore, Salomon, Pitman Creek Wholesale, Paddletek

08/12/2026


Helly Hansen Drives Kontoor’s Q2 Sales Gains

Helly Hansen sales increased 6% on a pro forma basis to $106,811,000 for the second quarter as it begins to lap Kontoor Brands’ acquisition last June, and Q2 profit tallied $1,877,000.

Yue Yuen H1 Pulled Down by Weak Manufacturing, Retail

Net income attributable to shareholders plummeted 58% to $71,998,000 in the first half from $171,190,000 last year, on revenue that was down 2% to $3,972,282,000 from $4,060,148,000, coming in toward the high end of guidance.

Brooks Running Sales Increased 14% Year-to-Date

While decelerating from the brand’s record 23% growth pace in Q1, Brooks Running’s global sales improved in Q2 and were up 14% for the year through June: +9% in the Americas, +39% in EMEA, and +10% in Asia-Pacific.

Saucony and Vans Top StockX Fastest Growing Sneaker Brands

The resale marketplace said that Saucony sales have grown 239% on the platform for the first half of 2026, displacing Asics, which is now the fourth-largest sneaker brand on StockX after a rapid rise over the past two years.

Accell Group Declared Bankrupt by Dutch Court

The bike maker is officially bankrupt, the Amsterdam District Court ruled, escalating from last week’s insolvency protection and making liquidation a more likely final outcome.

Etcetera: Yeti, Shoe Station, Vaude, Fanatics, Active Brands, Whoop

08/11/2026


On Holdings’ Growth Slows on Sluggish U.S. Wholesale

Lapping last year’s CHF $140 million foreign exchange expense, profits bounced back to CHF 105.0 million ($132.9 mm) in Q2 from a CHF 40.9 million loss, as revenues grew 13% to CHF 850.3 million ($1,076.3 mm) from CHF 749.2 million.

Nike Sales Soar in Brazil on World Cup Demand

Nike’s Brazilian partner and Centauro parent Grupo SBF’s net income jumped 181% to BRL 130,532,000 ($2.5 mm) over BRL 46,468,000 for the second quarter as revenue increased 22% to BRL 2,219,026,000 ($421.6 mm) from BRL 1,817,700,000 riding World Cup tailwinds.

RevolutionRace Tops SEK 2 Billion in FY2026

RVRC Holding revenues increased 2% to SEK 414 million ($44.2 mm) in the fourth quarter ended June 30 from SEK 405 million, a 3% improvement in constant currency, driving net income of SEK 53 million ($5.7 mm), up from SEK 50 million.

ThredUp’s Loss Expands on Higher Sales, Revises Guidance

The apparel and footwear resale marketplace’s net loss deepened 15% to $5,935,000 from $5,176,000 in the second quarter, on 17% higher sales of $90,767,000, up from $77,657,000, as active buyer count grew 21% to 1.77 million.

Sporting Goods Sales Dip in July

July sales at sporting goods, hobby, music, and book stores ticked down 3.01% year over year on an unadjusted basis, and fell 0.47% seasonally adjusted, according to the CNBC/NRF Retail Monitor.

Gerflor Acquires Gared Performance Sports Systems

The commercial flooring maker has inked an agreement to acquire Gared Performance Sports Systems, bringing together Gerflor’s specialized sports flooring with Gared’s line of gym equipment and facility hardware.

Ecetera: Lululemon, Seirus Innovation

 
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