EXEC: Havaianas Parent Sees Q3 Profits Soar As Sales Expand 7.5 Percent
Brazil-based Alpargatas reported that sales grew 7.5 percent in the third quarter to Brazil Real $1.1 billion ($210 mm), with sales up 6.9 percent in Brazil, 8 percent in Europe and 12 percent in the U.S. Earnings grew significantly, benefiting from lower manufacturing costs and reduced expenses.
EXEC: Mizuno’s Fiscal Q2 Sales Climb 7 Percent, Americas Sees Slight Decline Despite Golf Momentum
Japan-based sporting goods company Mizuno Corp. reported sales advanced 7.1 percent in the fiscal second quarter ended September 30 as gains in Japan, Europe and Asia offset a slight decline in the Americas region. The Americas region continued to show an uptick in profitability in the quarter, with sales expanding to reach record levels in the half, as robust golf sales offset softness in running and baseball.
EXEC: Black Diamond’s President Talks NA Wholesale Momentum, Full-Price Focus, Q4 Caution
Black Diamond delivered “solid results” in the third quarter, marked by 16 percent growth in its North American wholesale business, led by apparel, and an uptick in margins. Company President Neil Fiske sees a “more cautious” outlook for the fourth quarter with promotions ticking up and conservative buying in the outdoor channel.
EXEC: Yeti’s Q3 Stymied by Weak U.S. Wholesale Sell-Ins Despite Robust Sell-Throughs
Yeti Holdings, Inc. reported that its earnings, on an adjusted basis, decreased 18 percent in the third quarter, as gross margins were impacted by higher tariff costs. Sales increased 2 percent, with growth restrained by inventory constraints tied to its efforts to move production outside of China and conservative wholesale orders.
EXEC: Peloton’s Fiscal Q1 Beats Plan, Bullish On New Equipment Launches, Retail Push
Peloton reported its second consecutive profitable quarter, topping analyst expectations, while releasing strong guidance for the holiday shopping season. Said Peloton CEO Peter Stern. “Our continued momentum on bottom line performance sets the stage for improvements on the top line as we progress through the fiscal year.”
EXEC: Callaway Raises Full Year Outlook as Topgolf Inflects to Growth
Topgolf Callaway Brands Corp hiked its guidance for the year after reporting third-quarter results that handily topped guidance. The performance benefited from Topgolf’s same venue sales inflecting to positive growth and the golf equipment segment expanding 4 percent.
EXEC: Under Armour Sees North American Wholesale Stabilizing in Fiscal 2027
During Under Armour’s second-quarter analyst call, Kevin Plank, chairman, president and CEO, stated the company’s North American business is finally showing signs of recovery with replenishment orders improving and the company now sees a path to bring U.S. wholesale back to growth, with stabilization arriving during fiscal 2027. The founder told analysts, ““I think probably the best way for me to qualify this is that we now have a stable order book.”
EXEC: New Wave Group Hurt by Currency Translation in Q3 but Acquisitions Add Gains
The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson AB, reported that net sales increased 8.3 percent (+3.6 percent currency-neutral) to SEK 2.39 billion. The company in September acquired 100 percent of the shares in Austrian textile wholesaler Cotton Classics Handels GmbH.
EXEC: Merrell and Saucony Can Only Watch as Parent’s Stock Falls on Soft Outlook
Shares of Wolverine Worldwide fell $5.36, or 24.2 percent, to $16.72 after the company reported Q3 results that beat expectations, but provided fourth-quarter guidance that was below analyst targets. During an analyst call, Chris Hufnagel, President and CEO, remained bullish on the prospects for Saucony and Merrell, indicated that Sweaty Betty is starting to recover, and stated that footwear industry veteran Justin Cupps was hired to turn around the Wolverine brand and work on the group business.
EXEC: AlixPartners Calls Out “Booming” Athletic Footwear Sector, Sees Fickle Brand Loyalty
AlixPartners’ recently released Consumer Sentiment Index (CSI) identifies that demand for athletic footwear is “booming” amid strong shifts toward casual, comfort and active lifestyles. However, the Index also found that brand loyalty within athletic footwear is “fleeting,” with several brands experiencing fluctuations in popularity among consumers over the last year.
EXEC: Acushnet CEO Sees Growth Across Titleist and FootJoy Segments in Q3
The company updated its full-year 2025 consolidated net sales guidance range to a range of approximately $2.52 billion to $2.54 billion. or an increase 2.6 percent to 3.4 percent year-over-year on a constant-currency basis.
EXEC: Smith Optics Sees Solid NA DTC Growth in Q3; Sport Shops Hurt by China Deliveries
In the North America Sports segment, Smith reportedly delivered “solid growth” in its direct-to-consumer business, benefiting from positive demand and effective online engagement. Sales to physical sport shops were instead affected by the ongoing recovery of sport products shipments from China.
EXEC: Royal Robbins President Erik Burbank Looks to Recapture Brand’s Adventure Roots
Following the introduction of a new integrated strategy, which included paring down about a third of its SKUs over the last two years, Royal Robbins is back in growth mode with a focused product line and a commitment to returning to its founders’ adventure roots. Erik Burbank, Royal Robbins’ global brand president, talks to SGB Executive about the brand’s revival.
EXEC: Under Armour Hits Record High Quarterly Sales with South America Partner
Brazil’s Vulcabras reported sales jumped 21.8 percent to R$955.7 million ($178 mm) in the third quarter, with growth across its Olympikus as well as licensed Mizuno and Under Armour brands. Under Armour delivered its ”best quarter in operation in Brazil.”
EXEC: Kontoor CEO Sees Helly Hansen Moving into Q4 with “Incredible Momentum”
Kontoor Brands, Inc., the owner of the Helly Hansen, Lee and Wrangler brands, reported third-quarter revenue increased 27 percent year-over-year to $853 million, including a 2-point impact from a shift in the timing of shipments from the third quarter to the fourth quarter, and the inclusion of $186 million in revenue from the recently acquired Helly Hansen global business.
