The Catalyst Brands-owned casual and outdoor retailer is already liquidating inventory at its 175 North American doors while it seeks to restructure and sell itself to the highest bidder.

The Gunbroker firearms marketplace parent tallied net income of $1,464,625 for the fiscal third quarter ended Dec. 31, bouncing back from last year’s $26,911,422 loss that included expenses related to the since-divested ammunition manufacturing business.

Net income dropped 25% to ¥2,756 million ($17.9 mm) from ¥3,695 million for the fiscal first half ended Dec. 31 as net sales increased 5% to ¥137,155 million ($890.0 mm) from ¥130,402 million.

Strong results in FY ‘25 prompted S&P to raise its long-term issuer credit rating on the German sandal maker to BB+ from BB and its issue rating on the existing €428.5 million senior unsecured notes due 2029, to BB from B+.

Importers ended the year in much the same manner it began, with tariff uncertainty, bringing in 2.14 million Twenty-Foot Equivalent Units in Dec., down 7% year-over-year, according to the NRF and Hackett Associates.

FOXF and Engine Capital have reached a cooperation agreement that calls for adding Alan L. Bazaar and another independent director to its board, and to form a transformation committee focused on profitability, cost-cutting, and margin improvement.

Converse CEO Aaron Cain sent a letter to corporate staff instructing them to work from home pending imminent layoffs and changes to roles for some staff, Bloomberg reported.

The iconic sneaker and apparel brand, owned by Xtep’s Ding family, made several key appointments in the U.S. to strengthen regional coverage across tennis and pickleball.

Same-store adjusted sales for new firearms were down 6% in Jan., according to Gearfire’s RetailBI, which measures retail performance and consumer purchasing behavior though a proprietary panel.