SGB Executive Sportsmans
EXEC: Yakima to Transition DACH Region Distribution to Grofa Action Sports GmbH
Grofa Action Sports GmbH will serve as exclusive distributor in the Germany, Austria and Switzerland region, effective August 1, 2025. Phobos will transition to a distributor at that time for Czechia and Slovakia and as a Master Distributor for select developing markets in Europe.
EXEC: Academy’s Chief Merchant Talks Jordan Launch, Nike Brand Success, Tariff Disruption
Following the retailer’s first-quarter results report, Academy’s EVP and Chief Merchant Matt McCabe added more highlights from the business, including the promise to introduce the Jordan brand, a strong response to expanding Nike product and market share gains among higher-income households.
EXEC: Trump Announces U.S. and China Have Reached Trade Deal With 55 percent Tariff
President Donald Trump declared the trade war with China “done” Wednesday, while Commerce Secretary Howard Lutnick said tariffs on Chinese goods will be locked in at the current 55 percent rate without additional increases.
EXEC: Trump Tariffs Having Little Impact on Retail Footwear Prices
The May Consumer Price Index (CPI) came in cooler than expected, defying fears that the impact of President Trump’s tariffs would start to show a rise in prices. A separate analysis by the FDRA indicates that footwear prices in May likewise declined year-over-year.
EXEC: Academy CEO Sees Promising Returns from Improved Nike Allocations, Jordan Launch
First-quarter results missed analyst estimates and the retailer widened its full-year guidance due to potential inflationary pressures arriving this year. Management also shared many positive developments, including a healthy response to Nike product expansion and Jordan brand launch.
EXEC: Sportsman’s Warehouse Execs Lay Out Turnaround Wins; Reiterate Guidance
Comp sales grew for the first time in nearly four years as the company focused on replenishing in-store stock, which boosted sales in the Hunting, Fishing and Shooting Sports categories. Ammunition was up 3 percent and Fishing was up 11 percent.
EXEC: Dick’s SG Senior Execs Talk Foot Locker Deal, Tariffs and Guidance
The retailer had Board chairman Ed Stack on hand to talk about the Foot Locker deal and lay out the argument for its relevance. He will take the lead with the integration teams. CEO Lauren Hobart and CFO Navdeep Gupta dug deep into the weeds on guidance and the impact of tariffs going forward.
EXEC: Boa, Primaloft Parent Faces Lawsuits, NYSE Action as it Addresses Lugano Irregularities
The parent of 5.11 Tactical, Boa, and Primaloft provided an update on Wednesday, May 28 on the steps it is taking to enhance liquidity and reduce costs in the wake of an investigation of irregularities at its Lugano Diamonds subsidiary.
EXEC: Dick’s Sporting Goods CEO and CFO Unwind Q1 Analysts’ Questions
Net income dipped 4 percent year-over-year to $264 million, compared to $275 in the prior-year first quarter. Non-GAAP net income was said to be flat.
EXEC: Colt CZ Sees Robust Q1 Results; Acquires U.S.-Based Valley Steel Stamp
Prague-based Colt CZ Group SE saw sales jump 50.3 percent year-over-year in the first quarter due to an acquisition, while announcing it reached agreement to acquire a components supplier based in Greenfield, MA.
EXEC: Lowa’s Peter Sachs Talks Retirement, Outdoor Industry Changes
Peter Sachs, the longtime U.S. general manager at Lowa, sat down with SGB Executive to talk about his 29-year career building the German boot maker’s U.S. business, the current state of the outdoor industry, and semi-retirement plans.
EXEC: Boot Barn CEO Expects Little China Tariff Impact on Exclusive Goods
The company will only have 5 percent on order from China in the second half of the year, with China exclusive brand product ~$2.3 million of “tariffable product” for the remainder of fiscal 2026.
EXEC: Dick’s SG and Foot Locker Confirm $2.4 Billion Merger Deal
After seeing the global ambitions grow for JD Sports and Sports Direct, now comes the colonists, with Dick’s Sporting Goods fighting the good fight to protect the motherland from the ambitions of the crown while offering a new global vision for the Dick’s Sporting Goods and Foot Locker brands.
EXEC: Under Armour’s Turnaround On Track, Forgoes FY Guidance on Tariff Uncertainty
Under Armour, Inc. saw another quarter of progress in its turnaround efforts but refrained from providing guidance for the full year due to the tariff situation. Officials told analysts they’re exploring “a range of mitigation strategies” to offset tariffs, including cost sharing, sourcing diversification and potential price adjustments.
EXEC: Yonex Sees Racquet Sports Boost from Summer Olympics
Japan-based racquet sports and golf equipment manufacturer Yonex Company, Ltd. reported revenues expanded 18.8 percent in its fiscal year ended March 31 to ¥138.2 billion ($936 mm). Sales for Badminton and Tennis increased in Japan and overseas due to strong demand.
