Callaway Golf company's net sales decreased 34 percent to $297 million in the second quarter ended June 30, compared to $447 million for the comparable period in 2019. (Read More)
GoPro reported sales fell 54.1 percent in the second quarter ended June 30 to $134.2 million from $292.4 million a year ago. However, the camera maker said revenues improved on a sequential basis and its shift to a more direct-to-consumer business is starting to pay off. (Read More)
Dick's Sporting Goods will expand its national footprint with the opening of four Dick's Sporting Goods stores, one combination Dick's and Golf Galaxy location, five Dick's Sporting Goods Warehouse sale stores and one Overtime by Dick's Sporting Goods location in August. (Read More)
Peloton announced that Dara Treseder has been named as senior vice president, head of global marketing and communications and will oversee brand marketing, consumer insights, communications, and creative. Treseder was at Carbon. (Read More)
Escalade Inc. reported sales for the second quarter jumped 50.1 percent to $83.5 million. The gains were primarily driven by growth in its outdoor and fitness categories, including basketball, Lifeline Fitness and Victory Tailgate as demand for its fitness and home recreation products continues to be high amidst the COVID-19 pandemic. (Read More)
Canadian Tire Corporation, parent company of SportChek, Helly Hansen and Sports Experts, among others, posted retail sales growth of 9.3 percent (excluding Petroleum) in the second quarter ended June 27. (Read More)
The Tennis Industry Association's latest "2020 Tennis Industry COVID-19 Impact Studies" report for July finds approximately 85 percent of tennis retailers and facilities operators said they were open in the July survey, up from about 36 percent in the May survey. (Read More)
Adidas Group second-quarter revenues decreased 34 percent in currency-neutral terms. Sales at brand Adidas declined 33 percent in the second quarter, and Reebok revenues were down 42 percent reflecting the brand’s higher exposure to the U.S. market. (Read More)
Fitbit Inc., which has agreed to a merger with Google, reported sales fell 16.7 percent in the second quarter, to $261.3 million from $313.6 million a year ago. (Read More)
Wolverine Worldwide reported sales dropped 39 percent in the second quarter but came in better than expected with a boost from almost triple-digit owned e-commerce growth. The parent of Merrell, Sperry, Saucony and other footwear brands also managed to post a profit in the period and "exceptional cash flow". (Read More)
