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Daily News Feed


08/17/2026


Xebio Profits Rebound in First Quarter

Net income bounced back to ¥2,819 million ($17.7 mm) for the fiscal first quarter ended June 30 from ¥288 million, lapping last year’s 90% drop, on a 6% revenue gain to ¥68,242 million ($428.1 mm) over ¥64,308 million.

Newton Golf Sales Drop on Manufacturing Reset

Net loss at the golf shaft and club maker expanded 50% to $2,278,000 from $1,520,000 for the second quarter as net sales tumbled 36% to $1,316,000 from $2,068,000 due to limited manufacturing capacity.

Perfect Moment Sales Fall in Q1 on Strategic Shift

The luxury skiwear brand’s revenues were down 22% in the seasonally small first quarter to $1,150,000 from $1,472,000, while net loss narrowed by 11% to $3,533,000 from $3,978,000.

Interactive Strength’s Gains from Ergatta and Wattbike

TRNR revenues grew more than fivefold in the first quarter to $6,647,000, boosted by the first full quarter of Ergatta consolidated results, from $1,219,000 in the prior period.

Rapala Says H1 Profits Will Rise on N.A. Strength

The Finnish fishing gear maker said that it expects its operating profit to grow around 67% to between €12 and €14 million ($15.1 mm at the midpoint), driven by robust replenishment demand in North America.

Sporting Goods Sales Grow Double Digits in July

Sporting goods, hobby, music, and bookstore adjusted sales continued to outperform retail as a whole, gaining 10.1% year over year last month to $8,936 million from $8,113 million, the Commerce Dept. reported, and were flat sequentially from June.

Foot Locker and Nike Launch New Crenshaw Retail Concept

The Crenshaw Rec by Foot Locker is a new retail store and community center opening this weekend on Slauson Ave. in Los Angeles, CA’s Crenshaw neighborhood.

Etcetera: Vuori, Unifi, Tersus Solutions, L.L.Bean, Ridge Merino

08/14/2026


Asics Grows 36% in Q2 as SportStyle Soars

The frail yen, combined with strong brand momentum worldwide, drove Asics to another record second quarter, growing revenue 36% to ¥264,218 million ($1,658.1 mm) from ¥194,485 million, with a better-than-30 % improvement in every global market outside Japan.

Misto Holdings Makes Progress with Fila Turnaround

Revenues at the Fila brand owner and Acushnet majority shareholder increased 17% to KRW 1,431,157 million ($953.0 mm) from KRW 1,227,714 million in the second quarter, benefitting from the golf company’s stellar club revenues.

Leatt Profits Decline on Marketing Push

Net income slipped by 20% in Q2 to $908,989 from $1,138,734, as sales inched up 1% to $16,390,944 from $16,176,339 at the South African maker of protective equipment.

Under Armour Ends Project Rock Partnership

Under Dog and Dwayne “The Rock” Johnson are ending their 10-year Project Rock partnership, which saw UA produce training apparel and footwear for the Johnson-owned brand.

L Catterton Trimming Birkenstock Stake

BIRK’s largest shareholder is selling $1 billion of its stake, or about 25.5 million shares, priced at $39.95 per share, about half of which will be repurchased by Birkenstock and canceled.

Lontex, Nike Ask Court to Vacate Exceptional Case Designation

The PA-based compression apparel maker and the Eager Beavertons said they are ready to settle, but only if the Third Circuit agrees to vacate the finding that Nike’s litigation conduct was unreasonable.

Etcetera: United Wheels, Xero, Outdoor Research

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

 
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