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Daily News Feed 06/09/2026 Academy Sports Bumps Guidance after Q1 Comps Turn Positive
Net income improved by 14% in the first quarter to $52,703,000 from $46,084,000, as the top line grew 7% to $1,442,003,000 from $1,351,409,000, helped by 21 new stores and a return to positive comps, +2.9% against -3.7% last year. Designer Brands Improves Despite Weakness at DSW
Net results attributable to DBI bounced back to $1,159,000 in the first quarter, reversing last year’s loss of $17,816,000, as sales grew 1% to $696,350,000 from $686,909,000, with total comps down 1.1%. China Dongxiang Warns of Big Loss
The Chinese footwear and apparel company warned that its bottom line will swing to a loss of around RMB 180 million ($26.0 mm) down from a profit of RMB 207 million for its fiscal year ended Mar. 31. Sporting Goods Sales Improve in May
May sales at sporting goods, hobby, music, and book stores grew 8.59% year over year on an unadjusted basis, but only eked out a 0.25% increase seasonally adjusted, according to the CNBC/NRF Retail Monitor. Firearms Trade Stagnant in March
Handgun imports fell 26% in Mar., to 244,264 units, according to ITC data compiled by the NSSF, including a 26% drop in pistol imports to 223,863 units, while revolver imports declined 20% to 20,401 units. Puma, Mercedes F1 Face More Lawsuits over Shoes
Following last month’s action by Abby Steiner, Jamaican sprinter Damion Thomas Jr., and American 400-meter specialist Champion Allison have filed suit in the Massachusetts state court against The Big Cat and technical partner Mercedes F1. Etcetera: Fanatics, Kuhl, Timberland, HydraPak
06/08/2026 Pickleball Broadens Reach as Growth Moderates
Pickleball has cast a wider net, expanding its demographics beyond the retirees who first put the sport on the map, according to SFIA’s 2026 Single Sport Report for Pickleball, which finds more teens and younger adults participating. Vail Resorts Retail Revenue Drops in Q3
The ski resort operator’s retail and rental revenue was down 8% to $104,211,000 from $123,262,000 in the fiscal third quarter ended Apr. 30, due to extremely unfavorable weather conditions that impacted visitation, particularly at its Rockies resorts. Retail Imports Rise in May on Tariff and Fuel Fears
While imports were down 7% in Apr. to 2.05 million Twenty-Foot Equivalent Units, May is expected to skew higher as retailers rush to bring in goods ahead of more tariffs and rising fuel prices, according to the NRF and Hackett Associates. Etcetera: Dick’s, Mitchell & Ness, Oner Active, On Running
06/05/2026 G-III Apparel Scaling Converse, Starter
Converse apparel distribution has grown to nearly 900 points of sale, and the line is performing nicely, though still in the early innings, GIII CEO Morris Goldfarb said on the company’s earnings call. Equip Outdoor Technologies Bolsters Leadership
Equip, the UK-based parent of Rab and Lowe Alpine, has shifted its leadership structure and secured a £48.5 million ($65.5 mm) funding package from HSBC UK. Tersus Solutions Expanding Footwear Plant
The logistics operator and technology provider is expanding its Denver, CO, facility with a 31,000-sq.-ft. plant dedicated solely to handling returned and traded-in footwear, including cleaning, grading, repair, and fulfillment.
PTON has acquired Pilates tech startup Skōp, which makes a data analytic reformer with form-tracking technology that provides real-time feedback to users. 8AM Golf Invests in Luxury Golf Brand
The holding company and owner of True Spec, Miura, and several other golf brands, has taken an unspecified stake in Redan, and will help grow the brand using its sourcing, distribution, and marketing infrastructure. Joola Sees ITC Open Investigation
Sport Squad’s (dba Joola) Apr. complaint has resulted in the International Trade Commission opening a Section 337 investigation into pickleball paddles allegedly infringing its “propulsion core” technology. Etcetera: Ahead, Can-Am Sales, Dead Air Silencers, Skechers
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