Net income slipped by more than a third to $520 million from $794 million in the fiscal third quarter ended Feb. 28, on revenues that inched higher to $11,279 million from $11,269 million, as growth in U.S. footwear sales offset continued weakness in China.

Fourth quarter sales were down 2% to $334,857,000 from $340,398,000, but the net loss more than doubled to $21,732,000 from $8,723,000, hit by impairment charges of $17.8 million related to asset write-offs for ten underperforming store locations.

The sustainable footwear brand plans to cease operations, selling assets and IP for $39 million to American Exchange Group, joining Ecko, Ed Hardy, Born, and more than a dozen other fashion and consumer products brands in its licensing portfolio.

After a several-day trading suspension and the delayed release of H1 results, the parent of Kathmandu, Rip Curl, and Oboz revealed it is selling shares at a 69% discount as part of a NZ$65.3 million ($38.0 mm) capital raise.

Net loss at the high-end golf equipment maker was slashed by nearly a third to $2,395,000 from a loss of $8,340,000, as revenues more than doubled to $2,274,000 from $1,073,000 prior.

The fitness tracker company raised $575 million at a $10.1 billion valuation in a series G funding round led by Collaborative Fund, bringing its total funding to over $950 million.

RGR’s board of directors denied the Italian gunmaker’s request for an exemption to its poison pill shareholder rights plan, but confirmed that representatives from both companies will meet in person on Apr. 9.

December firearms imports continued the downward trend that’s plagued 2025, according to ITC data compiled by the NSSF, with handgun imports dropping 19% to 2,675,553 units in 2025.