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Daily News Feed 02/20/2026 Supremes Reject Trump’s Reciprocal Tariffs
The Supreme Court struck down the majority of the Trump administration’s tariff slate in its long-awaited decision handed down Friday morning, though the ruling provided no guidance on a refund schedule, which will presumably be bounced back to the lower courts to adjudicate. MDT Sporting Goods Acquires Lone Peak Arms and Leading Edge Machine
MDT, which makes precision rifle chassis systems and shooting accessories, added Lone Peak Arms and Leading Edge Machine for undisclosed terms.
GPRO elevated its current EVP, CFO, and COO, Brian McGee, to president and COO, effective Mar. 17, reporting to founder, Chairman, and CEO Nick Woodman. Adidas Investigates Third-Party Data Breach
The Big a is investigating a potential breach earlier this month at an independent Adidas licensing partner and distributor, exposing 815,000 rows of sensitive information from the company’s extranet. Etcetera: Cascade Designs, Adidas, GEM Sports Supply, Newton Golf, Primary Arms Optics
02/19/2026 Yeti Sees Sales and Profits Rebounding in 2026
Net income increased 10% to $58,227,000 from $53,154,000 in the fourth quarter as sales rose to $583,708,000, a 7% gain over $546,540,000 and up 5% excluding recall reserve impacts in the prior year. Moncler Finishes Flattish 2025 as Growth Slows
The luxury apparel brand’s bottom line slipped 2% to €626,670,000 ($708.1 mm) last year from €639,596,000 as revenue inched up 1% (+3% CC) to €3,132,128,000 ($3,539.3 mm) over €3,108,924,000, continuing the slowdown from 2024’s mid-singles gains and its historic double-digit growth pace. SportChek Outperforms in Q4 with Double-Digit Gains
Sales at Canadian Tire’s sporting goods banners jumped 17% in the final quarter to C$637.8 million ($458.8 mm) from C$546.8 million, boosted by an extra week this year and a +9.5% comp. New Balance Sales Soared Last Year
New Balance Athletics’ sales grew 19% in 2025 to $9.2 billion, marking the fifth consecutive year of double-digit growth, with record results in nearly every region. Under Armour Ratings Affirmed by S&P
Removing the company from its CreditWatch with negative implications, the ratings agency affirmed Under Dog’s BB- issuer credit rating and issue level ratings, but its outlook remains negative. Topgolf Taps Chuck E. Cheese Chief as CEO
Topgolf International, now separated from Callaway, appointed David McKillips as its new chief executive officer, succeeding Artie Starrs, who resigned last summer to join Harley-Davidson. SportIQ Closes Series A Funding Rounds
The smart basketball maker has raised $6.2 million across two new funding rounds, with the most recent closing including $3.2 million in new capital, led by KB Partners, Koppenberg Management, Match Ventures, and other individuals and family offices. Tennis Participation Reaches New High
Capping six consecutive years of growth, 2025 saw tennis participation in the U.S. increase by 1.6 million to a record 27.3 million, according to USTA research. Cowboy Camping Launched by Minimal Gear
Partnering with outdoor industry veteran Whitney “Allgood” La Ruffa on the line of ultralight backpacking accessories, Minimal Gear adds Cowboy Camping to Cnoc Outdoors and Diorite Gear in its portfolio. NSSRA Adds to Board of Directors
National Ski & Snowboard Retailers Association tapped Phillip Howard of Troy’s Ski Lubbock (Lubbock, TX) as the new secretary/treasurer of the NSSRA board at its annual meeting on Feb. 17. CPSC Recall: Youth Multi-Purpose Helmets
Samit Outdoor is recalling about 3,295 youth multi-purpose helmets because they violate the bicycle helmet safety standard by failing to comply with the positional stability and certification requirements. Etcetera: BSN Sports, Travoca, REI, Walther, Free Fly Apparel, Kinetic Development, Romp Skies
02/18/2026 Garmin’s Fourth Quarter Powered by Wearables
GRMN’s Fitness and Outdoor segments finished the year strong, with Fitness revenues improving 42% to $765,839,000 from $539,305,000, while Outdoor was flat at $627,611,000 against $629,373,000. Accell Group Recapitalizes with Lenders Swapping Debt for Control
The KKR-owned Dutch bike maker will see its super senior lenders take an unspecified haircut on the company’s outstanding debt, in exchange for a controlling equity stake. Indian Distributor Planning Retail Stores with Western Brands
Delhi-based Davin Sons Retail Limited is expanding beyond its denim manufacturing and distribution roots into multi-brand sportswear retail, including Skechers, Reebok, Adidas, New Balance, and Crocs. Ergatta Being Acquired by Wattbike Owner
The connected rowing machine maker inked a definitive agreement to join Interactive Strength Inc., whose portfolio already includes Wattbike, Clmbr, and Forme, at a maximum enterprise value of $19.5 million if all earn-outs are achieved. New Team Dealer Buying Group Forms
United Team Dealers is the new name of a national network of independent team dealers who have collaborated to share resources to improve turnaround times, technology, and expand product offerings. Etcetera: OS1st, Okuma Fishing, PGA Tour Superstore, Weston Backcountry, Magnum Industries
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