Consolidated sales in the fourth quarter, seasonally the smallest quarter of the year for Thule, increased 7.2 percent year-over-year to SEK 1,678 million. Thule reported that 6.8 percent of the percent increase came from acquisitions.
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GoPro’s Q4 Revenues Tumble 32 Percent
GoPro Inc. widened its losses in the both the fourth quarter and year ended December 31 as sales fell 32 percent in the quarter and 20 percent in the year. The maker of action cameras said it’s making progress in its turnaround efforts.
Skechers Q4 Revenues Jump 13 Percent
Skechers U.S.A., Inc. reported profits grew 13.9 percent in the fourth quarter as sales advanced 12.8 percent, due to an 18.0 percent jump domestically and a 9.8 percent increase internationally. Sales topped guidance, but earnings missed due to currency headwinds.
Pickleball Kingdom Franchise to Open in Ocala
Tim Campbell will open a 37,000-square-foot facility in Ocala, FL, featuring 13 professional-grade indoor courts in Summer 2025. The franchisee is a senior operations manager with extensive private and law enforcement experience.
Fossil Group Adds Former Adidas and Salomon Execs to Leadership Team
Fossil Group, Inc. appointed Joe Martin, formerly SVP of Wholesale, Team Services and Omni Operations and Marketplace, North America, at Adidas, and Antonio Carriero, previously chief digital and information officer at Salomon, to its executive team.
Repreve Maker Unifi Inc. Narrows Fiscal Q2 Loss on Weak Sales Growth
The maker of Repreve recycled and synthetic yarn reported second fiscal quarter sales ended December 29, 2024 were $138.9 million, an increase of 1.4 percent from the second quarter of fiscal 2024, primarily driven by higher sales volumes.
EXEC: Mips AB Posts Strong Q4 Results on Helmet Rebound; Long-Term Goals Revised
The Swedish helmet technology provider said it saw a strong end to 2024 with solid growth in all categories and all geographies. The company posted sales of SEK 144 million in the fourth quarter, a 58 percent increase from SEK 91 million in Q4 2023.
Under Armour Shares Rise After Q3 Beat on Estimates; Raises Fiscal 2025 Outlook
Under Armour Inc. raised its sales and EPS guidance for its fiscal year ended March 31 after third-quarter results topped expectations. Sales were down 6 percent in the third quarter with an 8 percent decline in the North America region.
Brooks Running Posts 9 Percent Growth In 2024
Brooks Running reported sales were up 9 percent in 2024, fueled by growth in every region and channel. The performance marked eight consecutive years of growth for the brand, delivering a 13 percent compound annual growth rate over that horizon.
Tailwind Nutrition Signs Three New Cycling Athletes
Maurice Ballerstedt, Sarah Sturm and Christopher Blevins join the Tailwind athlete team in 2025
EXEC: Woolrich CEO Named President of Peak Performance
Stefano Saccone has been appointed president of Peak Performance and a member of the Amer Sports Global leadership team, effective April 1, 2025. He will succeed Sara Molnar, the current president. Saccone will be based in Stockholm, Sweden.
Winchester Ammunition Breaks Ground on New 6.8mm Ammunition Facility
The company said the 450,000-square-foot advanced ammunition production facility can manufacture all components of 6.8mm ammunition and finished rounds for the U.S. military, reinforcing the legacy of the LCAAP and its vital role in U.S. national defense.
Wild Rye Adds to Management Team With Two New Hires
Megan Odom joins the company as national sales manager and Sara Gerritts as supply chain operations manager. The company reported that they “bring a wealth of experience and a passion for the outdoors that aligns perfectly with our brand’s values and mission.”
EXEC: Liberated Brands Gets Bankruptcy Court Approval to Access DIP Funds
The former licensing company set up to manage Authentic Brands Group’s collection of action sports lifestyle brands filed for Chapter 11 bankruptcy protection on Sunday with $3.3 million in cash on hand and $226 million in debt, according to court filings.
Paradox Sports Moves Alex Kosseff into Permanent Executive Director Role
Paradox Sports, the Boulder, CO-based nonprofit, has helped grow climbing opportunities nationally for people with disabilities through its Adaptive Climbing Initiative and annual rock and ice climbing trips.
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