SGB Executive Sportsmans
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.
EXEC: Newell Outdoor & Recreation Segment Sees Sales Stabilize in Q3, Growth Seen in 2026
The Outdoor & Recreation segment of Newell Brands, Inc., which includes the Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo brands, among others, reported a sharply lower loss in the third quarter as sales declines stabilized. Newell’s management predicted the segment would return to growth in 2026.
EXEC: Columbia Sportswear CEO Tim Boyls Talks U.S. Turnaround, Tariff Impact and Q3 Performance
The Columbia brand had a strong response to its new “Engineered for Whatever” global brand platform as well as to several key launches, including the Amaze Puff jacket. However, management provided Q4 guidance below analyst targets and a subdued outlook for the first half of 2026 amid a continued sluggish U.S. business landscape and uncertainty over how consumers will react to tariff-driven higher prices.
EXEC: Escalade’s New Interim CEO Walks Through Q3 Results, Tariffs, Product, and Acquisitions
Escalade’s job No. 1 for its Q3 earnings release was to find someone to address investors and analysts on its quarterly conference. Enter 23-year company veteran Patrick Griffin to shed light on sales, tariffs, product and category trends, acquisitions and a holiday outlook. Sales were flat in Q3, as gains in archery, table tennis, billiards, and safety categories were offset by softer market demand in its basketball category, as well as the strategic exit from certain categories.
EXEC: Shimano’s YTD Earnings Impacted by Still High Bike Inventory Levels
Shimano, Inc. reported sales grew mid-single digits in the nine months, with similar gains in both its Bicycle Components and Fishing segments. Earnings declined amid margin pressures with its Bicycle Components segment continuing to be impacted by elevated inventory levels in the marketplace, including in North America and China.
EXEC: Thule Sees Organic Sales Slip 4.0 Percent in Q3 in Tough Market
The North America market reportedly remains weak with cautious retailers and consumers. Sales for Active with Kids & Dogs have increased while Sport & Cargo Carriers decreased slightly. The development in Canada was said to be better than in the U.S.
Super Retail Group Promotes BCF Managing Director Paul Bradshaw to Group Managing Director and CEO
Super Retail Group, the Australian parent of sports and outdoor banners Rebel Sport, BCF and Macpac, appointed Paul Bradshaw, current managing director of BCF, as group managing director and CEO, effective November 1. Michael Wassman was promoted to managing director, BCF.
EXEC: Sturm, Ruger Adopts Stockholder Rights Plan as Competitor Buys Up RGR Stock
The move is reportedly designed to allow all stockholders to realize the long-term value of their investment by reducing the likelihood that Beretta would gain control through open market accumulation or other coercive tactics without appropriately compensating the company’s stockholders or allowing the Board sufficient time to make informed judgments.
