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Corporate and Financial
Financial performance and strategic moves shaping the sporting goods industry—covering earnings analysis, M&A and deals, capital markets activity, governance changes, and the macroeconomic forces driving profitability, valuations, and competitive positioning.
Latest headlines
Newton Golf triples sales but widens losses
US golf shaft maker nearly tripled sales to $8.1m in 2025, but operating expenses surged 66% and Q4 earnings missed analyst forecasts by a wide margin.
Nike Q3 beats estimates, but stock falls on China outlook
Revenue holds, wholesale rebounds and North America grows — but a 20% China sales decline forecast for Q4 and a soft full-year outlook sent shares down over 8%.
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Newton Golf triples sales but widens losses
US golf shaft maker nearly tripled sales to $8.1m in 2025, but operating expenses surged 66% and Q4 earnings missed analyst forecasts by a wide margin.
Nike Q3 beats estimates, but stock falls on China outlook
Revenue holds, wholesale rebounds and North America grows — but a 20% China sales decline forecast for Q4 and a soft full-year outlook sent shares down over 8%.
INTERSPORT posts €14.1bn in 2025 global sales
The sporting goods retailer reported 2025 results despite currency headwinds, with Running as the top category and a new CEO at the helm
Xtep hits record profit on Saucony surge
The group reports highest-ever net profit of RMB1.37 billion (€172 million) as Saucony’s 31% revenue surge and Southeast Asian e-commerce drive gains.
Seven elite athletes back Whoop on Series G round
Ronaldo, James, McIlroy and four other elite professionals join sovereign funds and medtech giant Abbott in a $575m round valuing Whoop, the performance wearable platform, at $10.1bn.
Sawiris closes €4.6m adidas derivative position
adidas Supervisory Board member Nassef Sawiris discloses closure of a €4.6 million short put via NNS Investments Cyprus in a regulatory filing.
Perfect Moment raises $12m in growth capital
Luxury ski brand pairs revolving credit with a China-connected institutional investor after reporting its first profitable quarter.
NFL champion, NWSL star back cleat startup Caddix
The Baltimore startup targeting ACL and lower-body injury reduction secures backing from a Super Bowl quarterback and an NWSL defender.
Analysis: Industry stocks tumble 14% in 2025
Public sporting goods companies lost $67bn in aggregate market value in 2025 as tariff fears and operating challenges sent valuations down 14.3% on a weighted basis.
Analysis: 2024 Global Sporting Goods Industry Stocks Slip Lower in 2024
Which of the top 85 sporting goods companies performed best, and which lost ground in 2024? Get the figures.
Activist investors reshaped sporting goods in 2025
Record activism in 2025 forced leadership changes at Lululemon, Nike, YETI and Under Armour as sophisticated funds exploited post-pandemic valuation gaps.
Intelligence, analysis and advice for the global sporting goods industry.
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