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.

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.

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.

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.

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.

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.

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.

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.

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.

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 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.

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.

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.

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.

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.

Willy Bogner GmbH has appointed former Puma chief Arne Freundt as the Munich-based winter sports brand’s new CEO, effective June 1.

The Bluestone Equity Partners-backed pickleball equipment company has acquired high-end direct-to-consumer paddle maker Bread & Butter, for undisclosed terms.

Another weak quarterly result has the action camera maker considering a sale of the company or a merger to maximize shareholder value, CEO Nicholas Woodman revealed on its Q1 conference call.

In a decision that will surely be appealed, the Court of International Trade in New York has ruled that the 10% tariff on all U.S. imports that the Trump Administration imposed in Feb. is illegal.

Yue Yuen’s footwear manufacturing revenue improved 8% in Apr. to an implied $502,976,000 from $467,566,000 last year, while total revenues at the Chinese company grew 7% to $701,514,000 from $658,310,000 for the month.

Echoing several earlier suits, seven consumers who purchased Nike products imported from countries subject to the IEEPA tariffs are suing the Eager Beavertons for their share of the refunds due, following the Supreme Court’s Feb. decision that the tariffs were illegal. 

Favoto is recalling about 2,200 bicycle helmets because they don’t comply with requirements for positional stability, labeling, and certification.