BUSINESS NEWS
Want to stay up to date on the latest press releases and business news in the running, cycling and triathlon industries? Scroll below to view all endurance sports business news.
March 2, 2026
MyFitnessPal Acquires Rival AI Nutrition-Tracking App
The deal for Cal AI marks the latest move in a recent wave of fitness and wellness app consolidation MyFitnessPal has acquired Cal AI, a nutrition tracking app built by a group of Forbes “30 Under 30” entrepreneurs that generated more than $40 million in sales in the last year....
March 1, 2026
Major brand recalls 20,000 e-bikes due to separating rear wheel
Nearly 20,000 electric bicycles are being recalled in the US after a defect was discovered that could cause the rear wheel to separate from the bike, posing a crash risk. The recall affects certain model year 2026 electric bikes from Trek Bicycle Corporation and its sister brand Electra Bicycle Company....
February 27, 2026
Xponential Fitness Agrees To Pay Nearly $40M in Settlements, Shares Plunge
The boutique fitness and wellness franchisor disclosed a proposed FTC consent agreement and franchisee settlement alongside a weak earnings report Xponential Fitness has agreed to pay $17 million to resolve a previously disclosed Federal Trade Commission investigation. The boutique fitness and wellness franchisor also finalized a $22.75 million settlement with...
February 26, 2026
U.S. Olympian and coach Jeff Galloway dies at age 80
On Wednesday in Pensacola, Fla., Jeff Galloway, the Olympian and influential coach and author, died at age 80. His son, Westin Galloway, said the cause was complications from a stroke. As a 1972 Olympian in the 10,000 metres and a former American record-holder at 10 miles, Galloway was also the founder of...
February 26, 2026
Merrell and Saucony Continue to Lead Sales Growth at Wolverine Worldwide in Q4
Shares for Wolverine Worldwide Inc. climbed over 5 percent in pre-market trading on Thursday as the company finished 2025 on a high note. The Rockford, Mich.-based footwear company said total revenue in the fourth quarter of 2025 was $517.5 million, up 4.6 percent from $494.7 million the same time last year. Net earnings in...
February 26, 2026
Fox Factory’s Diamond Sports and Bike Sales Decline in Fourth Quarter
Fox Factory Holding Corp.’s earnings declined in the fourth quarter but reached the high end of guidance. Sales grew 2.3 percent, as gains in its Powered Vehicles and Aftermarket Applications segments offset a 5 percent drop in Specialty Sports, driven by declines in both diamond sports products and bike products....
February 26, 2026
EXEC: Saucony Tapped into Both Performance and Lifestyle Sales to Drive 2025
The Saucony brand reportedly drove broad-based revenue growth across all categories, regions, and channels, resulting in a strong double-digit again in the fourth quarter. Performance, the majority of the brand’s business, was up over 20 percent for the period, with Lifestyle growing even faster, according to comments from parent company...
February 24, 2026
Life Time’s Q4 Earnings Vault on Double-Digit Revenue Hike
Life Time Group Holdings Inc. reported adjusted net income in the fourth quarter climbed 28.4 percent as sales grew 12.3 percent due to higher average dues, membership growth in new and ramping centers, and higher club member engagement. For the year, adjusted earnings jumped 62.3 percent on 14.3 percent revenue...
February 24, 2026
Former owners in dispute over stores’ sale to Mike’s Bikes
The former Colorado Multisport and Full Cycle owners are engaged in a legal dispute over the sale of the combined businesses to Mike's Bikes last summer. Colorado Multisport owner Michael Stone filed a breach of contract lawsuit Feb. 16 in Boulder District Court alleging Full Cycle owner Russ Chandler stopped making...
February 24, 2026
Rudy Project acquires full ownership of North American distributor Rudy Project North America
Italian accessories specialist Rudy Project has firmed up its international expansion strategy with the acquisition of 100% ownership of its long-standing exclusive distributor, Rudy Project North America. The transaction, completed in February 2026, allows the Italian brand to drive direct growth and operate directly within the US market and the Caribbean region. Based...
