SGB Executive Outdoor
EXEC: L.L.Bean Sees Flat Sales for Third Straight Year; Employee Bonus Shrinks
L.L.Bean’s sales were flat in 2025 for the third straight year, totaling $1.7 billion. In recognition of these results, L.L.Bean’s Board of Directors approved a performance bonus of 6 percent of annual pay for its approximately 5,700 year-round employees.
EXEC: Yeti Holdings CEO Sees Brand Riding Broad-Based Strength into Second Quarter
Yeti raised its earnings guidance for the year after President and CEO Matt Reintjes told analysts Yeti is back to delivering oversized growth, with wholesale delivering its best quarterly performance in over three years, drinkware returning to growth in the U.S., and demand for soft cooler and bags outstripping supply.
EXEC: Canada Goose Easily Crushes Revenue and Earnings Estimates for Fiscal Q4
Revenue easily beat the CN$300.6 million analysts’ consensus estimate for the quarter. Adjusted EPS of 37 cents beat the 29 cents analyst forecast, while Adjusted EBIT of CN$64.9 million surpassed the CN$61.0 million estimate.
EXEC: Canada’s SportChek Sees Comps Boosted by World Cup Fever and Hockey’s Start
Canadian Tire Corporation, Ltd. reported SportChek’s comparable sales rose 3.3 percent in the first quarter. On an analyst call, Greg Hicks, president and CEO, Canadian Tire Corporation said of SportChek, “Fan gear was a highlight, with strong demand from the early lead up to the World Cup as well as the Olympics. While hard goods were impacted by lower sales in skiing and snowboarding, hockey performed well.”
EXEC: Rapala VMC Posts 20 Percent Comp Exchange Growth in North America in Q1
The North American market reportedly remained strong, supported by resilient consumer demand. Despite continued geopolitical turbulence, consumer interest in fishing remained healthy, with NA consumers appearing relatively less impacted by international uncertainty in their purchasing behavior.
EXEC: Leatt Corp Sets Stock Buyback Program
Leatt Corp.’s Board of Directors authorized a new share repurchase program for up to $419,410 of the company’s outstanding common stock.
EXEC: Daiwa Parent Globeride Tops Guidance for Fiscal Year
The parent of the Daiwa fishing brand reported flattish global sales and earnings in the fiscal year ended March 31, with increasing profits in its home market of Japan and Europe offsetting a loss in the Americas due to tariffs as well as profit declines in the Asia and Oceania region.
EXEC: Birkenstock Maintains Double-Digit Growth in Fiscal Q2 but Margins Tighten and Profits Sink
The company pointed to the ongoing instability in the Middle East, persistent inflationary pressures, U.S. tariff policy evolving unfavorably for the brand, and continued F/X headwinds, as some of the issues the brand faced in the second fiscal quarter ended March 31.
EXEC: Sweden’s WeSports Group Sees Top-Line Jump 52 Percent on Solid Retail Gains and Acquisitions
WS WeSports Group, the Malmö, Sweden-based manufacturer of sports equipment and parent of specialty retailers, HockeySports, RunningXpert and other retailers supporting active sports lifestyle consumers, is reporting that net sales for first quarter increased 51.8 percent year-over-year (y/y) to SEK 960.5 million, compared to SEK 632.9 in the 2015 Q1 period. Organic currency-adjusted (ca) growth […]
EXEC: Leatt Corp. Revenues Jump 27 Percent in First Quarter
The South Africa-based maker of protective gear for MOTO, MTB, and a wide range of extreme and high-velocity sports reported profits in the first quarter rose 58 percent on a 27 percent sales gain. The gains were driven by strong gains in helmet and body armor categories.
EXEC: WS WeSports Group AB Expands Stakes in SkiCom Sweden AB and Bikelease AB
Following these latest transactions, WeSports Group increased its holdings in SkiCom Sweden AB from 51 percent to 80 percent, while increasing its holdings in Bikelease AB from 60 percent to 100 percent.
EXEC: Giant Group Posts Q1 Loss After Revenues Fall on Tough Comps and WRO Issue
The 25.7 percent year-over-year decline to NT$12.5 billion was reportedly impacted by normalization of OEM business mix following an elevated prior-year comparison base and softer demand. The 2026 Q1 decline tracks against a 4.9 percent increase in the year-ago first quarter, following a weak 2024 first quarter.
EXEC: Havaianas Parent Sees Q1 Sales Expand 12.5 Percent
Brazil-based Alpargatas reported that sales in the first quarter grew 12.5 percent to Brazil Real $1,229.5 million ($251 mm). Overall volumes reached 61.5 million pairs, up 8.4 percent year over year. The gains reflect earlier sell-ins in its core Brazilian market and a shift in the U.S. from a direct to a distributor model.
Study: Pickleball Growth Slows as Skiing, Flag Football, and Pilates Step Up
NSGA’s 2026 Sports Participation Report found alpine skiing, cheerleading, flag football, kayaking and Pilates saw the strongest participation gains among sports, fitness and outdoor activities in 2025. Golf, tennis and pickleball all saw solid gains, although pickleball moderated from its breakneck pace in recent years.
EXEC: Black Diamond’s Neil Fiske Envisions Potential Price Increases from Iran War
Looking ahead, Fiske said BDE has a strong order book for the second half of the year, which should support growth for the full year 2026 compared to 2025. The wild card, of course, is the substantial risk posed by a prolonged Iran war to consumer discretionary spend, as well as factor costs, supply chain, and deliveries.
