Top line: Fox Factory reported third-quarter sales of $338.4 million, down 10.1% from a year ago, with Specialty Sports Group (its bike businesses plus the now-sold Marucci) down 14.4%. Beyond Marucci's drop, Fox cited "order timing and channel destocking in our bike businesses" as dealers keep inventory tight. Adjusted EBITDA rose to $50.4 million, including about $12 million of IEEPA tariff refunds, and the September Marucci sale helped cut net debt by $263.5 million since year-end to roughly 2.4x leverage. Fox narrowed full-year adjusted EBITDA excluding those refunds to $143–$148 million and guided fourth-quarter sales to $287–$313 million. (Fox, Bicycle Retailer)

Bike

  • Ghost Bikes avoided closure. Bike Tree GmbH, the DuTech/Tri Star vehicle that just bought Winora and Haibike out of Accell's German insolvency, acquired the Ghost brand and its intellectual property days after supervisors said no bid beat selling off the inventory. Purchase price, warranty coverage, and the fate of Ghost's 53 Waldsassen employees were not disclosed; Netcycle's earlier rescue bid was rejected. (Pinkbike, Bike Europe)
  • Shimano officially launched the EP810 e-MTB system, the motor Honda previewed on the RN0. The drive unit makes 100 Nm and 750 W peak at a claimed 2.3 kg (400 g lighter than the EP801), with Auto Assist, third-generation Auto Shift on compatible Di2 drivetrains, a new D-FLY+ wireless protocol, and a 720 Wh battery. Most frames will need redesigns; pricing and availability are still TBA. (BikeRadar, Escape Collective)
  • Hollywood Racks acquired OttoLock, adding the lightweight lock line to its carrying and accessories business, with new products planned for 2027 and wider international distribution. (Bicycle Retailer)
  • Bianchi said it continues to operate under creditor protection, supporting dealers on deliveries, warranties and after-sales while refocusing on racing, gravel and performance bikes, with the first products from that reset due early next year. Parent Bianchi Holding AB (Grimaldi) is separate from Cycleurope. (Bicycle Retailer)

Ski & Snow

  • Breckenridge and Copper Mountain delayed their planned Nov. 6 openings, citing overnight temperatures that were too warm for full-power snowmaking and more rain than snow. Vail Mountain still targets Nov. 13. (The Gazette, Vail Daily)
  • Mt. Rose Ski Tahoe opened today, the first West Coast resort of the season, with limited early-season terrain. (Tahoe Daily Tribune)

Outdoor

  • Clarus swung to a $3.3 million profit on $71.2 million in Q3 sales (+2.7%), with Outdoor (Black Diamond and related) up 12.4% to $54.7 million while Adventure fell 20.2% on a soft Australian wholesale market. Adjusted EBITDA rose to $6.8 million from $1.8 million, and Clarus raised full-year sales guidance to $251–$255 million and adjusted EBITDA to $15–$17 million; its Jefferies-led strategic review continues. (Clarus)
  • Callaway Golf beat expectations with Q3 sales of $436.9 million (−5.6%) and adjusted EBITDA of $35.9 million (+17.3%), then raised full-year sales to $2.065–$2.078 billion and adjusted EBITDA to $272–$280 million after the Topgolf majority sale. (Callaway)
  • The LA–Long Beach watchmen contract still expires at midnight Pacific tonight. PMA and ILWU Local 26 are bargaining today with federal mediators; a strike by about 250 watchmen would hit terminals that handle roughly 85% of Long Beach cargo and 33% of Los Angeles cargo. (PMA)
  • Patagonia moved Worn Wear onto its main storefront, so refurbished gear sits beside new products in one cart; the program sold nearly 160,000 items for about $13 million in fiscal 2026. (Snowsports News)

Upcoming

Bike helmet and trailer tariff exclusions expire Nov. 9; Giant and Merida October revenue by Nov. 10; YETI reports Nov. 12; Vail Mountain opens Nov. 13; Youngone (Scott Sports' parent) Q3 is due by Nov. 16 and isn't yet confirmed by the company; Epic Pass prices rise after Nov. 15; Amer Sports reports Nov. 17; Vail's annual meeting is Dec. 14. Pon has not announced a date for any 2026 interim figures.

The Outdoor Pulse is published weekday mornings. Weekly deep dives on Mondays.