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Daily News Feed 11/04/2026 Acushnet Maintains Guidance after Flattish Q3
Net income inched up 1% in the third quarter to $49,186,000 from $48,511,000, but revenues slipped 1% to $649,230,000 from $657,658,000, as strong Titleist ball sales were not enough to overcome declines in all other categories. Compass Diversified’s Sports Brand Profits Improve
Revenues at CODI’s largest sports brand, 5.11 Tactical, slipped by 7% in the third quarter to $133,866,000 from $143,240,000, as lower promotions hurt direct sales to its price-sensitive consumers, and U.S. wholesale partners were reducing inventory. Sturm, Ruger Net Soars as Sales Jump 17%
Net income jumped nearly fourfold to $5,805,000 from $1,582,000 for the third quarter as sales grew 17% to $147,626,000 from $126,766,000 on increased demand and higher prices. Descente’s Profit Grows in Q2 on Sales Gains
Net income nearly doubled in the fiscal second quarter ended Sep. 30 to a record high ¥8.5 billion ($56.4 mm) from ¥4.3 billion, boosted by its Chinese joint venture with Anta Sports, as revenues grew 7% to ¥33.3 billion ($209.2 mm) from ¥31.1 billion. Empower Brands Bids to Take Helen of Troy Private
The parent of Hydro Flask and Osprey Packs has received a $37.00 per share cash buyout offer from Empower Brands Holdings Group, which is jointly owned by Spectrum Brands and Oaktree Capital Management.
Florsheim parent Weyco’s boot brand saw another quarter of growth, improving 6% in the third quarter to $11.6 million, with sales volumes up across most major channels. ThredUp Sees Loss Deepen, Revises Guidance
The apparel and footwear resale marketplace’s net loss expanded 29% to $5,468,000 from a loss of $4,248,000 in the third quarter, on 7% higher sales of $88,230,000, up from $82,161,000, as active buyer count grew 16% to a record 1.82 million.
The Japanese bike component and fishing tackle maker has acquired its longtime collaborator, Otsu City, Japan-based Jackall, which designs and manufactures fishing lures. Revelyst Acquires European Golf Distributor
The parent company of more than 30 sporting goods brands acquired U.K.-based Optimum Golf Technologies, a key distribution partner for Revelyst’s Foresight Sports and Bushnell Golf brands. Adidas Signs AC Milan, Replacing Puma Starting in 2028
The Big a will take over as AC Milan’s kit sponsor in a 10-year deal worth €50 million ($57.4 mm) a year starting with the 2028/2029 season, making it the most lucrative kit sponsorship deal in Italian soccer history as the Rossoneri ditch Puma. Etcetera: Under Armour, Dick’s, Helinox, Fox Factory
11/03/2026 Running and Soccer Growth Drive Q3 Footwear Sales
Running led footwear sales gains in Q3, with 10% dollar growth and higher units, according to Circana data, while overall footwear sales were flat, with units down in the mid-single digits. Aclima Buys Finnish Sock Maker
The Norwegian outdoor performance wool apparel brand announced it has acquired Finnish sock manufacturer Sukkamestarit, expanding its base- and mid-layer portfolio into performance woolen socks. Authentic Brands Group Completes Lee Deal
Authentic Brands closed its acquisition of the iconic denim brand from Kontoor Brands for up to $1 billion, including an initial transaction value of $750 million and a $250 million performance-based earn-out. NICS Checks Return to Growth in October
NSSF’s adjusted NICS FBI background checks jumped 7.9% to 1,402,422 in the seasonally important month of Oct. from 1,299,312, the eighth month to show growth in 2026, which is up 3.6% year to date. Lululemon Sued over Turnaround Plan
LULU faces a new proposed class-action lawsuit in a New Jersey district court, filed by investor Karol Koronczi against the company, CFO Meghan Frank, and president and CCO André Maestrini. Etcetera: Sports Direct, Outdoor Voices, Nike, REI, Town Hall Outdoor
11/02/2026 ILWU Watchmen Threaten West Coast Port Strike
A potential work stoppage at the ports of Los Angeles and Long Beach was temporarily averted as the Pacific Maritime Association and International Longshore and Warehouse Union Local 26 agreed to a contract extension for about 250 watchmen through 5 p.m. on Nov. 4. KMD Brands Lifts Skirts for Bluestar Alliance
The owner of Kathmandu, Rip Curl and Oboz has been entertaining interest in a sale or other strategic transaction, and revealed it will give Bluestar Alliance access to perform due diligence while exclusive discussions continue on a possible bid to acquire KMD. Thule Acquires Bike Rack Maker
The Swedish bike and travel accessory maker inked an agreement to acquire New Zealand-based Aeroe, expanding Thule’s portfolio in the mountain bike, gravel and bikepacking space. Etcetera: Sun Day Red, Kelty, Mizuno
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