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Daily News Feed 09/04/2026 Oura Reveals Soaring Revenues in IPO Filing
The smart ring maker’s long-awaited S-1 was filed with the SEC this week, showing off 74% top-line growth to $1,214,506,000 from $697,569,000 in the nine months ended June 30, and net income of $60,768,000 against $1,573,000. S&P Global Revises Dick’s Outlook
The ratings agency changed DKS’ outlook to stable from positive, citing inventory build-ups across key brands, fewer footwear launches affecting its Foot Locker business, and pro forma leverage rising to the mid-2x area. Specialized Founder Returns to Helm
The bike maker will see founder Mike Sinyard return Nov. 1 to lead the company after stepping down from day-to-day operations four years ago, succeeding Armin Landgraf. Whyte Bikes Re-launches U.S. Wholesale
The Causeway Capital-backed British bike brand is returning to the U.S. with a dealer-first philosophy, built on direct U.S. operations and commitment to independent bike dealers with a phased regional rollout. Etcetera: Batta Walker Sales, Sea to Summit, Nike, Under Armour, Stan’s Sports Center
09/03/2026 Lululemon Slashes Guidance with New CEO on Deck
Net income fell by 11% in the second quarter to $329,223,000 from $370,905,000, and would have tumbled further except for $134.5 million in IEEPA tariff refunds, as revenues declined 4% to $2,415,631,000 from $2,525,219,000, pulled down by worsening conditions in the Americas and negative constant currency sales growth in China. Genesco Lowers Guidance, but Journeys Momentum Grows
Tariff refunds totaling $21.8 million more than offset $8.9 million in proxy contest and other charges, pushing GCO to a $3,479,000 Q2 profit from last year’s $18,471,000 loss, on 3% lower sales of $529,858,000 down from $545,965,000. Smith & Wesson Bounces Back in Q1, Outperforms Gun Market
The bottom line swung to a $2,588,000 profit in the fiscal first quarter ended July 31 from a loss of $3,411,000 on 32% higher sales of $112,587,000, up from $85,077,000 in the seasonally slow period. American Outdoor Brands Cuts Loss to Start FY27
Net loss narrowed 78% to $1,528,000 from $6,829,000 for the fiscal first quarter ended July 31 as net sales jumped 25% to $37,254,000 from $29,702,000, or up 4% when backing out a $6.0 million pull-forward in orders from FQ1 ‘26 into FQ4 ‘25. ATA Chief Jeff Poole to Retire
The Archery Trade Association announced that president and CEO Jeff Poole will retire on Jan. 31, 2027, concluding five years at the helm. San Diego Sport Innovators Announces Leadership Transition
SDSI elevated longtime executive director, Bob Rief, to Chair of the Board, succeeding John Sarkisian, who will move on to help lead the Bill Walton Foundation. CPSC Recall: Carbon Handlebars
Mondraker USA is recalling about 129 mountain bikes equipped with ONOFF S9 Carbon MTB handlebars because they can crack or fracture during use. Etcetera: Lululemon, Academy Sports, Outdoor Holding
09/02/2026 Helly Hansen Aims for $1.1 Billion in Revenue by 2030
The outdoor performance brand is aiming for a 10% revenue CAGR in a new five-year plan laid out during its first investor day under Kontoor Brands ownership, targeting $1.1 billion in revenue for 2030 while boosting profitability on a three-pronged focus of “supercharge the U.S.,” “win in premium outdoor,” and “power workwear.” Tilly’s Guides for Full-year Profit after Strong Q2
Net income soared 165% in the second quarter to $8,381,000 from $3,165,000 as TLYS operating momentum continued, with revenues 8% higher at $163,508,000 against $151,256,000 and blended comps up 12.1%. G-III Apparel’s Sports and Lifestyle Segment Gains in Q2
Starter and Converse apparel are starting to scale, and Levi’s was also a highlight in the second quarter for GIII, with meaningful expansion, CEO Morris Goldfarb reported. Oura Builds Out Board in Advance of IPO
The Finnish smart ring maker named four tech industry veterans to its board of directors as it finalizes its preparations for a highly anticipated IPO as soon as later this month. NICS Checks Continue Upward Trend in August
NSSF’s adjusted NICS FBI background checks improved 2.2% to 1,115,410 in August from 1,091,342, marking the sixth consecutive month of growth. Year-to-date checks are up by 3.7%. LA’s CAPE Seizes $10 Million Worth of Products
Los Angeles’ Counterfeit and Piracy Enforcement Team unearthed around 25,898 counterfeit Nike, Adidas, and other branded streetwear items during an inspection, with a retail value of more than $10 million. Etcetera: Fjallraven, Nike, Toni Sailer, Fanatics, L.L.Bean
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