SGB Executive Sportsmans
EXEC: Does Tariff Ruling Create Upside Opportunities for U.S. Companies?
The conversation has now shifted once again to a new question: Will U.S. companies and consumers have to pay any additional tariffs at all, and how much of a rebate will U.S. companies be eligible to receive if a recent appeals court ruling stands? What about consumers that paid higher prices?
EXEC: Academy Sports CEO Talks Nike/Jordan Allocations as AUR’s Rise and EPS Grow
Academy Sports + Outdoors’ second-quarter came below Wall Street targets, but same-store sales turned positive for the first time in 11 quarters, boosted by double-digit growth for both Nike and Jordan brands. With the sales strength and more confidence in its tariff-mitigation strategies, the retailer lifted its EPS guidance for the year.
EXEC: Colt CZ Group Acquires Majority Stake in Czech Powder and Propellant Maker
Czech-based firearms maker Colt CZ Group SE has agreed to acquire a majority stake and potentially all of the shares in Synthesia Nitrocellulose, a Czech manufacturer of gunpowder ingredients. The deal values Synthesia Nitrocellulose at CZK 22 billion ($1.05 billion).
EXEC: Sports Direct Parent Frasers Group Makes Board Changes
The parent of Sports Direct, Slazenger, Donnay, LA Gear, No Fear, and Antigua, announced that David Daly will step down as Board chairman after eight years. Jon Thompson will succeed him as chair. Frasers also appointed Andy Lyon, formerly at PwC, as a non-executive Board director.
EXEC: Baird Upgrades VF, Canada Goose and Rocky on Improving Sector Outlook
Baird Equity Research on Tuesday upgraded VF Corp., Canada Goose and Rocky Brands while increasing its “conviction level” on Nike as the investment firm sees back-to-school selling so far exceeding expectations and a more favorable macro backdrop entering 2026 reviving growth prospects for the active lifestyle sector
EXEC: Analysts Provide Look Ahead for Dick’s Sporting Goods Q2 Report
Several industry analysts have raised price targets and earnings estimates for Dick’s Sporting Goods in recent days, as the retailer is expected to deliver second-quarter results ahead of estimates when it reports on Thursday, August 21.
EXEC: Under Armour Board Chair Outlines Initial Shock Absorbers to Tariff Impact on Consumers
World-renowned economist Mohamed A. El-Erian said the answer lies in the dynamic reactions of both foreign exporters and domestic importing firms, combined with the role of inventories. Still, he did admit that the degree to which the tariff costs will be passed along to consumers will be uneven.
EXEC: Australia’s Super Retail Group Says BOPIS Now Half of Sales
The parent of the Rebel Sporting Goods chain and the Macpac and BCF outdoor brands in Australia and New Zealand reported full-year results for the fiscal year ended June 28, delivering a mid-single-digit increase in Group sales for the period despite what the company called “a challenging retail environment and heightened competitive activity.”
EXEC: Yue Yuen Sees H1 Growth in Athletic & Outdoor FW Slow as Casual & Sandals Jump
Yue Yuen said it remains committed to its mid- to long-term capacity allocation strategy. This includes diversifying its manufacturing capacity into regions such as Indonesia and India where labor supply and infrastructure are supportive of sustainable growth
EXEC: Yeti Ups FY GM and Profit Guide; C-Suite Talk Drag from U.S. Drinkware Challenges
Yeti now expects Adjusted earnings per diluted share of between $2.34 and $2.48 [for the year] as compared to $1.96 to $2.02 in the company’s prior outlook. Full year sales to be flat to up 2 percent, compared to fiscal 2024 Adjusted net sales, due to weakness in the U.S. Drinkware business.
EXEC: Canada’s SportChek Sees Q2 Comps Climb 4 Percent
Canadian Tire reported its SportChek segment delivered its fourth consecutive quarter of comparable sales growth, up 3.9 percent, driven by sales of sandals and athletic footwear as well as hardgoods categories, such as golf. Hockey, and other team sports, as well as athletic clothing also contributed to the gains.
EXEC: July Manufacturing Index Indicates Contraction in U.S. for Fifth Straight Month
Economic activity in the manufacturing sector contracted in July for the fifth consecutive month, following a two-month expansion preceded by 26 straight months of contraction, based on ISM’s survey of the country’s supply executives.
EXEC: SFIA’s President & CEO Todd Smith Discusses the Power of Sports and Fitness
Todd Smith, president and CEO of the Sports & Fitness Industry Association (SFIA) since last October, talked with SGB Executive about how it is evolving to meet its mission to promote sports and fitness participation and industry growth, its new initiatives and the Trump administration’s decision to bring back the Presidential Fitness Test.
EXEC: Columbia Sportswear Delivers Dismal Outlook on Columbia Brand Struggles in U.S.
On its second-quarter analyst call, Tim Boyle, Columbia Sportswear’s chairman, CEO and president, warned that U.S. wholesale orders for the flagship Columbia brand would likely remain down at least through the first half of 2026 as efforts to revive demand for the brand are being undermined by conservative orders from retailers in the face of proposed tariffs.
EXEC: Safilo Sees Smith Optics Post Strong H1 Core Channels Growth
Blenders continued to be impacted by promotion-driven demand in the entry-level price segment but its performance showed an improvement compared to the first quarter. Smith’s Sports channel sales were said to be held back by a Safilo decision to to temporarily limit imports of new winter items from China.
