The retailer reported profits jumped 75.4 percent in the first quarter as comps at its Retail segment increased 4.8 percent. Total company net sales for the three months ended April 30 increased 10.7 percent to a record $1.33 billion.
Author: SGB Media
Five Iron Golf Franchise to Open in Miami
Owned and operated by Peter McCormick, Alex Zega, Matt Csillag, and David Zabinsky, the 29,500-square-foot venue is schedule to open at The Plaza Coral Gables, a mixed-use development in Miami, in Q1 2026.
Import Cargo Levels Expected to See First Year-Over-Year Drop Since 2023
Import cargo at the nation’s major container ports is expected to see its first year-over-year decline in over a year and a half this month as the effect of tariffs imposed by the administration on the supply chain increases, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Adidas Hires Max Staiger from Puma as New GM of Basketball
Adidas confirmed that Max Staiger, formerly at Puma for 12 years, was appointed global GM, basketball, effective April 7.
Recall: Canyon Bicycles Speedmax CF Triathlon Bicycles
This recall involves all Canyon Speedmax CF Triathlon Bicycle models R073 and R41 with V21 aerostems. The aerostem fork steerer tube could crack or break, posing a fall and injury hazard.
Momentec Brands Names Chief Technology Officer
Christine Rose will oversee Momentec Brands’ technology initiatives, including digital customer-facing platforms, enterprise infrastructure, supply chain systems, and information security.
Mizuno USA Hit by Cyber Attack
Mizuno USA, a subsidiary of Mizuno Corporation based in Peachtree Corners, GA, confirmed in Data Breach Notification letters that unknown hackers stole files from its network between August and October 2024.
MidwayUSA Foundation Expands Staff
The advocacy organization for youth shooting sports, has expanded its staff with three new employees. Pete Eisentrager and Chance Cover have joined MidwayUSA’s Columbia, MO office, and the new program manager, Dan Darragh, will oversee its new Western region.
Vista Outdoor’s Q2 Sales Slide 1.6 Percent as Ammo Growth Offsets Outdoor Declines
Vista Outdoor Inc. reported sales declined 1.6 percent in the fiscal second quarter ended September 30 as sales declined 3.9 percent at its Revelyst outdoor products segment and inched up 0.5 percent at Kinetic Group. Results were in line with expectations with Revelyst exceeding plan. Vista’s board again unanimously recommended shareholders vote for a deal to sell Kinetic Group with Czechoslovak Group (CSG).
361 Degrees Owned-Retail Posts Robust Growth in Q3
361 Degrees International, Ltd. reported brick-and-mortar retail sales of 361º core-branded product increased over 10 percent year-over-year for the third quarter of 2024, ended September 30, expanding at the same rate as the second quarter.
Pinarello Opens Flagship in Zurich
Bottega di Pinarello, at Bärengasse 10, is a kilometer from the Sechseläutenplatz, where each UCI Road World Championships race finishes. The store offers Pinarello’s full range of products.
NSSF: NICS Background Checks Moderate in September
The 1.3 percent gain marks a sequential deceleration from increases of 8.3 percent in August and 4.0 percent in July, although the July figure had marked the first year-over-year monthly increase since December 2023.
Nutrition Brand Maurten Nets $22 Million in Funding Round
The new funding for the Swedish sports nutrition company is expected to help Maurten expand beyond sports and into the medical arena. Maurten also plans to accelerate its focus on female-specific research.
Reebok x Juicy Drop Limited Edition Footwear and Apparel Collection
Reebok’s sport heritage mixes with Juicy rhinestones and Velvet in this limited-edition footwear and apparel capsule collection.
Athleta Hires Former Nike Exec to Lead Design
Athleta has hired Tania Flynn, formerly VP of apparel design at Nike, as head of design.
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