|
Daily News Feed 05/14/2026 Wolverine Worldwide Bumps Earnings Guidance after Solid Q1
Topping guidance above and below the line, WWW’s Q1 net income jumped by two-thirds to $20.2 million from $12.1 million, as revenues grew 11% to $457.6 million from $412.3 million with double-digit gains from Merrell and Saucony. Canada Goose Wholesale Returns to Growth in Q4
Net income was up 18% to C$32.7 million ($23.9 mm) from C$27.7 million for the fiscal fourth quarter on a matching revenue increase of 18% to C$453.3 million ($330.9 mm) from C$384.6 million as direct-to-consumer sales grew 15% to C$361.7 million. Yeti Raises Guidance as Q1 Tops Estimates
Net income dropped 41% to $9,851,000 in Q1 from $16,609,000, as sales increased 8% to $380,414,000 from $351,128,000, driven by 19% wholesale growth to $183.6 million, with demand up across geographies. SportChek Starts 2026 with 6% Growth
Canadian Tire’s sporting goods banners improved 6% in the first quarter to C$471.8 million ($344.4 mm) from C$443.8 million, with the recent inclusion of Pro Hockey Life in the segment. Solo Brands Sees Trends Improving after Down Quarter
The Solo Stove and Chubbies parent narrowed its net loss to $5,466,000 in the first quarter from a loss of $12,192,000, as sales declined 19% to $62,881,000 from $77,252,000. Goldwin Q4 Profits Improve High Double Digits
The owner of The North Face, Helly-Hansen, Canterbury, and other brands for Japan finished the fiscal year ended Mar. 31 with a 31% increase in net income to ¥8,843 million ($56.4 mm) from ¥6,749 million, as revenues grew 7% to ¥38,044 million ($242.5mm) against ¥35,472 million. Zett’s Annual Profits Crater despite Record Sales
Profits tumbled 67% in FY26 ended Mar. 31 to ¥975 million ($6.2 mm) from ¥2,992 million on revenues that were up 6% to a record ¥58,655 million ($373.9 mm) against ¥55,309 million. Alpen Sees Warm Weather Impact Results
Net income was off 20% at ¥3,611 million ($23.0 mm) for the 9 months ended Mar. 31 from ¥4,499 million, despite sales that grew 6% to ¥207,139 million ($1,320.4 mm) over ¥196,030 million.
The golf equipment brand said a temporary manufacturing capacity constraint held Q1 revenue to just $991,000, down from $1,210,000, as net loss ballooned to $2,659,000 from a loss of $525,000. Sporting Goods Sales Jump 13% in April
Accelerating from a record March tally, adjusted sales at sporting goods, hobby, music, and book stores grew 13.4% year over year in April to $8,773 million from $7,734 million, the Commerce Dept. said. CPSC Recalls: Climbing Harnesses
Petzl America issued two separate recalls for its Simba and Swan Easyfit harnesses due to missing rivets in the Fast LT Pin-Lock buckles, and for its Astro Bod Fast, Astro Sit Fast, and Canyon Guide harnesses because their D-ring can release, allowing the attachment point to open. Etcetera: On, Club Champion, Rally House, Nobull, Benchmade, Vast, Xero
05/13/2026 Asics Outperforms in Q1 with 30% Growth
Following a stellar 2025, the Japanese sportswear brand shifted into an even higher gear in the first quarter, with revenues soaring 30% to ¥270,265 million ($1,722.7 mm) from ¥208,313 million, led by the fast-growing SportStyle and Apparel segments and strength in Europe. Birkenstock Gains Hit by Strong Euro
Net income dropped 22% to €81,883,000 ($95.8 mm) from €105,113,000 for the fiscal second quarter ended Mar. 31 on 8% (+14% CC) revenue growth to €618,333,000 ($723.4 mm) over €574,330,000, as depreciation of the U.S. and Canadian dollars and various Asian currencies cost the top line 640 b.p. Yue Yuen Sunk by Manufacturing Segment Woes
Profits attributable to shareholders were more than halved to $35,179,000 in the first quarter from $75,758,000 last year, on revenues that ticked down 2% to $1,985,359,000 from $2,029,464,000, as Yue Yuen’s brand customers pulled back on orders, due to weakening consumer sentiment. Rapala VMC Grows Mid-Singles in Q1
The Finnish fishing gear maker’s revenues grew 6% to €69.5 million ($81.8 mm) from €65.3 million, and were up 13% on a constant-currency basis, with strength across all regions. Globeride Finishes FY on a High Note
The Japanese parent of Daiwa fishing and golf posted its strongest improvement of the year, with net income up 150% to ¥427 million ($2.7 mm) from ¥171 million and revenues 6% higher at ¥31,445 million ($200.4 mm) up from ¥29,722 million. GrabAGun Swings to Loss as Sales Grow 11%
The mobile-first firearms e-tailer swung to a loss of $1,835,000 in the first quarter from income of $95,000, as sales grew by 11% to $25,928,000 from $23,331,000, compared to a less than 2% increase in NSSF-adjusted NICS checks. Technogym Sales Jump Double Digits
The Italian fitness equipment specialist’s consolidated revenues improved 10% in the first quarter to €236.8 million ($278.6 mm) and were up 13% on a constant-currency basis, boosted by strength in both B2B (commercial) and B2C (home) segments. Joola Settles IP Dispute with Paddletek
The two pickleball brands have settled patent infringement claims Joola filed with the International Trade Commission, naming Paddletek’s Reserve, HoneyFoam, and ProXR Signature Jolt paddles. Etcetera: Authentic Brands Group, New Balance, La Sportiva
05/12/2026 Under Armour Guides for Slightly Lower Revenues
Net loss narrowed to $43,390,000 from $67,457,000 in the fiscal fourth quarter ended Mar. 31 on 1% lower sales of $1,171,161,000 against $1,180,583,000 that were down 4% constant currency, with strength overseas partially offsetting continued North American weakness. On Soars in Asia but Weak Dollar Hurts Americas Sales
With co-founders David Allemann and Caspar Coppetti taking over as co-CEOs from Martin Hoffmann on May 1, ONON’s net income jumped 82% in Q1 to CHF 103.3 million ($132.2 mm) from CHF 56.7 million on sales that were up 14% (+26% CC) to CHF 831.9 million ($1,064.8 mm) from CHF 726.6 million. Mizuno Footwear Sales Jumped 14% Last Year
Mizuno finished the fiscal year ended Mar. 31, growing 8% to ¥259,045 million ($1,730.4 mm) from ¥240,335 million and increasing net income by 21% to ¥18,376 million ($122.8 mm) from ¥15,243 million. Grupo SBF Rides Brazil Jersey Sales to Big Gains
The Brazilian retailer and distributor’s net income increased 10% to BRL 74,211,000 ($14.1 mm) from BRL 67,315,000 in the first quarter, driven by a 15% revenue gain to BRL 1,785,429,000 ($339.2 mm) from BRL 1,554,359,000. Yonex Finishes Year on High Note
Net income improved 14% at the Japanese racquet sports and golf brand to ¥12,092 million ($77.1 mm) against ¥10,591 million, on sales that were up 18% to a record high ¥163,643 million ($1,043.1 mm) up from ¥138,276 million for the fiscal year ended Mar. 31. Leatt Sees Growth across All Categories in Q1
After returning to profit last year, the South African protective equipment maker started strong in the first quarter, as net income improved 58% to $1,770,694 against $1,121,124 on 27% higher revenues of $19,507,486 up from $15,367,864. Skechers Parent’s Rating Affirmed by Fitch
The ratings agency affirmed Beach Acquisition Co. Parent LLC’s (dba Skechers) long-term issuer default ratings at B+, with a stable outlook, citing the footwear maker’s revenue of around $9.6 billion, good cash flow and strong track record for growth. Bogner Taps Arne Freundt as CEO
Willy Bogner GmbH has appointed former Puma chief Arne Freundt as the Munich-based winter sports brand’s new CEO, effective June 1. Selkirk Sport Buys Niche Paddle Brand
The Bluestone Equity Partners-backed pickleball equipment company has acquired high-end direct-to-consumer paddle maker Bread & Butter, for undisclosed terms.
|
