SGB Executive Sportsmans
EXEC: AlixPartners Sees Frugality Reigning in 2026
AlixPartners’ annual consumer outlook, study, based on a survey of over 13,000 consumers across nine countries, forecasts a sharp, accelerating pullback in global spending intentions in 2026, with the retrenchment highlighted by high-income consumers and China.
EXEC: Academy Sports Gains Q3 Boost from Elevated Nike and Jordan Allocations
Academy Sports and Outdoors, Inc.’s earnings in the third quarter came in slightly ahead of analyst targets as improved allocations of Nike and Jordan products helped the nationwide retailer reach a greater number of high-income earners, offsetting continued pressure on lower-income customers.
EXEC: Sportsman’s Warehouse CEO Outlines Solid Q3 Category Gains; Lowers Guide on Weaker Consumer
Given the pressure of consumer headwinds experienced in November, the company has increased its promotional efforts to maintain inventory efficiency while driving sales, which is putting pressures on margins. For the full fiscal year 2025, SPWH is adjusting its net sales range to be flat to up slightly.
EXEC: SGB Black Friday Wrap Up Notes Overall Sales Boost From Robust Online Gains
Reports from Adobe, Mastercard SpendingPulse, RetailNext, Sensormatic, and Shopify found that Black Friday sales aligned with, or exceeded, expectations, as strength in online sales offset continued softness in in-store traffic on the major U.S. holiday shopping day.
EXEC: Dick’s Chairman Ed Stack Looks to Clean Out the “Garage of Underperforming Assets” at Foot Locker
Dick’s Sporting Goods Inc. on Thursday announced it will absorb pretax charges between $500 million and $750 million in future quarters to clear unproductive inventories and close an as-yet-undetermined number of stores at its recently-acquired Foot Locker business. On an analyst call, Ed Stack, Dick’s executive chairman, said, ”Our first priority is clear. We need to clean out the garage of underperforming assets.”
EXEC: Colt CZ Group Lowers Annual Outlook on U.S. Shutdown Impact
Czech-based firearms maker Colt CZ Group SE posted a gain in its nine-month earnings on 7 percent revenue growth but lowered its annual outlook, citing revenue delays caused by the U.S. government shutdown.
EXEC: Thule Group Sets Long-Term Organic Growth Target to 7 Percent Annually
Ahead of its investor day, today, November 20, at its headquarters in Malmö, Sweden, Thule Group revised its long-term sales target, replacing its previous target of reaching SEK 20 billion in sales by 2030 with a mandate to achieve 7 percent organic growth.
EXEC: Patagonia Publishes Fiscal 2025 Sales Figures, Spot Checks Business Against Key Goals
According to Patagonia’s first Impact Report, “Work in Progress Report 2025”, Patagonia had sales of $1.47 billion in its fiscal year ended April 1, 2025, with 61 percent of sales sold in the U.S. versus 39 percent internationally.
EXEC: The BasicNet Group Adds Woolrich to Brand Family in €40 Million Acquisition
The operation involves the acquisition through a company wholly owned by BasicNet, of the rights to the Woolrich brand for Europe and of 100 percent of Woolrich Europe SpA, the company that handles its distribution and retail. Revenues for the 2025 financial year are forecast be ~€90 million and total Enterprise Value is set at €90 million.
EXEC: Globeride Lowers FY Outlook Due to Pricing Pressures
Globalride, the maker of golf and fishing products, reported flattish global sales and earnings in the fiscal first six months through September 30, with increasing profits in its home market of Japan offsetting declines in the Americas and Europe. The Japanese firm lowered FY guidance for the year due to “energy and commodity prices.”
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: 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: 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: 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.
