The Big Cat maintained its FY25 outlook, excluding any potential impacts from U.S. tariffs, in reporting Q1 net income just above breakeven at €0.5 million, down from €87.3 million, on revenues that were off 1% on a reported basis to €2,076.0 million ($2,185.3 mm) from €2,102.3 million.

First quarter net income benefited from a $20.9 million non-cash gain on the FootJoy golf shoe Vietnam joint venture, increasing 13% to $99,372,000 from $87,762,000, on 1% lower revenues of $703,372,000 against $707,554,000 that would have been up 1% constant currency.

The molded footwear maker suspended guidance amidst tariff uncertainty, reporting good trends continuing in April out of Q1 but declining to predict how long positive consumer demand will hold up or the finer points of tariff impact.

Net income improved 20% to BRL 106,065,000 ($18.0 mm) from BRL 88,762,000 in the first quarter as revenue increased 18% to BRL 701,194,000 ($119.2 mm) from BRL 597,267,000 on growth from Olympikus, Mizuno, and Under Armour.

Net income was $11.1 million in the first quarter against a loss of $14.5 million last year that included a $6.1 million impairment charge, as growth from Saucony and Merrell pushed revenue 4% higher to $412.3 million from $394.9 million, exceeding guidance on the top- and bottom-lines.

The Italian insulation maker launched Ecodown Fibers Sync, a free fiber that fuses dual-performance, softness, and resilience.

The drinkware and cooler brand is still predicting green arrows in its FY ‘25 guidance, though optimism is tempered from its prior forecast due to tariff uncertainty, now expecting adjusted sales up 1% to 4%, downgraded from 5% to 7% on a 300 b.p. headwind from supply disruptions and diversification efforts.

The connected fitness company reported lower quarterly sales and another loss amid a general slowdown in consumer spending and economic uncertainty fueled by potential tariffs.

Parent Canadian Tire’s sporting goods banners came back strong in the first quarter, with 6% higher revenues of C$412.3 million ($288.3 mm) up from $387.7 million, including a +6.3% comp and one fewer store.

A $262.1 million non-cash goodwill impairment charge sullied an otherwise decent first quarter, resulting in a net loss of $259,694,000 against a loss of $3,496,000 last year, on 6% higher revenues of $355,030,000 up from $333,472,000.

Net loss in the first quarter was $5,244,000 against a $21,884,000 profit last year that including a $28.3 million from the since divested ammo business, as revenues from continuing operations declined 13% to $60,433,000 from $69,311,000.

Despite the Q1 results, senior management said the company is confident about BIRD’s long-term trajectory due to its marketing and product development work over the last year.

Without Champion on the books, HBI no longer breaks out activewear sales, which represent a smaller fraction of the overall top line, but improved mid-single digits in the first quarter.

The Italian fitness equipment specialist’s consolidated revenues improved 15% in the first quarter to €215.0 million ($226.3 mm), buoyed by growth in both B2B (commercial) and B2C (home) segments.

Rebel Sport’s same store sales increased 4% for the 17-week period ending Apr. 30, while SRG’s outdoor banners BCF and Macpac comped up 9%, and were flat, respectively, driven by positive momentum at BCF.

The Eager Beavertons and social media influencer Eben Fox (a.k.a. Cedaz) have reached a deal to settle a 2023 trademark infringement suit that accused the defendant of peddling counterfeit goods to tens of thousands of users.

Igloo is recalling about 155,900 90-quart Flip & Tow rolling coolers because the tow handle can pinch consumers’ fingertips against the cooler body.

The Eager Beavertons made a number of changes to top leadership, giving CEO Elliott Hill more direct control over marketing, product, and the Nike brand, aiming to accelerate the company’s “Win Now” turnaround strategy.

While crediting Canadian Tire for its stewardship of the 148-year-old sailing and outdoor apparel company, Kontoor Brands’ chief Scott Baxter sees rapid expansion and better profitability for Helly under the jeanswear maker’s umbrella.

Outdoor footwear brand Lowa Sportschuhe GmbH’s revenues increased 2% last year to €233.9 million ($246.2 mm) on strength in kids, winter footwear, and trail running.

Weyco’s rain and outdoor footwear brand contracted 5% to begin the year, lapping last year’s highly promotional cadence, which especially affected DTC e-commerce sales.

DSG Ventures led a $120 million investment round in the youth sports operator, joining existing backer The Chernin Group along with Dynasty Equity, LionTree, and Miller Sports & Entertainment.

The Italian luxury sneaker brand is issuing €480 million of senior secured notes due 2031 to repay existing €480 million senior secured notes due 2027 and pay shareholders a €100 million dividend.

The women’s sustainable performance innerwear maker promoted its president, Deanne Buck, to CEO, succeeding outgoing Jeff Shafer as he and co-founder Lauren Shafer transition into advisory roles.