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Daily News Feed 07/30/2026 Adidas Chases World Cup Sales, but Profits Dip in Q2
The Big a touted a huge top-line benefit from World Cup jersey sales and other merchandise in the second quarter, with a 34% jump in apparel sales pushing total revenues up 13% to €6,743 million ($7,841 mm) from €5,952 million. Crocs Bumps Guidance as Heydude Declines Moderate
Net income tallied $204,887,000 against last year’s loss of $492,282,000 for the second quarter on a lap of a $737 million impairment charge on Heydude goodwill as revenue ticked up 3% to a record $1,179,468,000 over $1,149,373,000. Columbia Swings to Profit on IEEPA Refund
In the seasonally smallest quarter where COLM usually reports red ink, a $78 million tariff refund helped boost the bottom line to a profit of $26,553,000 against a $10,196,000 loss, as revenues increased 2% to $614,362,000 from $605,246,000. Gildan Posts Q2 Loss on HBI Digestion
The bottom line swung to a $50.0 million loss from last year’s $137.9 million in profit as net sales were up 72% to $1,582.5 million from $918.5 million from the Hanesbrands Acquisition, with gains in all geographies, but declining 8% on a pro forma basis. Canada Goose Sales Jump 10% in Seasonally Small FQ1
Net loss narrowed 26% to C$93.0 million ($63.9 mm) from C$125.5 million for the fiscal first quarter ended June 28, as revenue increased 10% to C$118.9 million ($84.4 mm) from C$107.8 million on direct-to-consumer gains and a comeback for wholesale. Escalade Sales Improve in Q2 as Tariff Refund Boosts Profit
Net income quintupled to $9,431,000 from $1,825,000 on sales that were up 6% to $57,702,000 against $54,333,000 for the second quarter, driven by archery, including the incremental contribution from its Sep. acquisition of Gold Tip. Winchester Momentum Grows as Commercial Demand Recovers
Revenues from Olin Corp.’s ammunition segment increased 12% to $500.3 million from $447.6 million in the second quarter on a rebound in commercial ammo sales combined with higher military project revenue. Academy Sports Launches Media Network
Academy Retail Media is the name of ASO’s new advertising network aimed at connecting brand partners with the retailer’s 52 million customers. Etcetera: New Balance, On Running, Topgolf, BikesOnline
07/29/2026 VF Corp. Raises Top Line Guidance despite Vans Drag
VFC generally reports a net loss in its seasonally small fiscal first quarter, but the red ink improved 17% from a year ago to $97,152,000 against a loss of $116,408,000 as revenue ticked down 5% to $1,669,379,000 from $1,760,666,000 and up 1% backing out Dickies last year. Sturm, Ruger’s Sales Jump as Restructuring Bears Fruit
The gunmaker returned to profitability in the second quarter, tallying net income of $6,981,000 against a loss of $17,226,000 that included $26.4 million in writedowns and restructuring costs, as revenues jumped 19% to $158,058,000 from $132,491,000. Garmin Fitness Soars, Outdoor Lags in Q2
GRMN’s Fitness segment revenues increased 25% to $756,823,000 from $605,425,000 in the second quarter, driven by broad-based demand for wearables, sending operating income up 40% to $277,039,000 from $197,630,000. MAP Active Sees Double-Digit Growth in Q2
Net income at the Indonesian retailer improved 22% in the second quarter to IDR 393,814 million ($22.5 mm) from IDR 322,440 million last year, on sales that came in 15% higher at IDR 5,168,029 million ($294.7 mm), up from IDR 4,475,202 million. Nexus Outdoors Acquires Fishing Rod Maker
The MI-based outdoor and equipment maker inked an agreement to acquire Blackfin Rods, adding it to its portfolio of brands, which include ScentLok, Blocker Outdoors, Whitewater Fishing, Hardcore Waterfowl, and TUO Gear. Grassroots Outdoor Alliance Selects New Officers
The buying network for independently owned outdoor retailers named new officers and elected one new member to its nine-person board at its recent Connect Show, which was held in June. Etcetera: Skechers, Club Champion, Sierra, Whoop
07/28/2026 Shimano Raises Guidance after Strong Q2
With less of an impact from foreign exchange this year, the bottom line recovered to a profit of ¥15,136 million ($95.0 mm) in Q2 from a loss of ¥5,825 million last year, as a big jump in fishing tackle pushed revenues up 4% to ¥129,415 million ($812.1 mm) from ¥123,870 million. Rocky Brands’ Net Soars on Tariff Refund
An approximate $15.0 million reduction in cost of goods sold from recognition of expected IEEPA net tariff refunds in the second quarter pushed net income up nearly fourfold to $13,881,000 from $3,608,000 on 12% higher sales of $118,368,000 against $105,647,000. Coats Group’s Sales Grow in H1
The industrial yarn and footwear component supplier said that revenue improved 19% (+1% organic CC sales) to $837 million in the first half ended Jun. 30, against $705 million last year. Tariff Exemptions May Upset Industry Apparel Sourcing
The softgoods supply chain picture became increasingly cloudy after the Trump administration's Section 301 tariffs, for failing to prevent forced labor, combined with a proposed Tariff-Rate Quota "textile mechanism" to favor Bangladesh, Cambodia, Indonesia and Malaysia. Report: Nike Exiting Memphis DCs
The Eager Beavertons intend to close two distribution facilities that employ around 1,900 people in Shelby County, TN, over the next two years, according to multiple reports in local media.
The Canadian outdoor retailer has filed for creditor protection for the second time in six years, owing more than C$17 million, according to the documents obtained through the Office of the Superintendent of Bankruptcy Canada. Etcetera: Dick’s, Birkenstock, B&T USA, Bowtech
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