Iconix Q2 Profit Soars; Ups Full Year Guidance
Iconix Brand Group's earnings jumped 69.4 percent in its second quarter, to $41.5 million, or 55 cents per share. Revenues rose 17.5 percent to $89.3 million…
Lowe Alpine Returns to Colorado
Equip Outdoor Technologies is moving the U.S. headquarters of the Lowe Alpine brand to the Front Range of Colorado, where the brand was founded in 1967. The move will combine the brand's customer service, distribution and marketing with those of Rab
Under Armour Raises Guidance After Strong
Powered by a strong reception to its Charged Cotton collection, Under Armour Inc. posted a higher-than-expected quarterly profit and once again raised its revenue and earnings forecast for the year…
AcuSport onTarget Program Partners with Spingfield Armory
AcuSport Corporation, a distributor of shooting and hunting products, has partnered with Springfield Armory USA, to launch the new XD(M) 5.25 Competition Series as part of their OnTarget Range Program. AcuSport created the OnTarget Range Program to servic
Fila Korea Completes Acushnet Acquisition
Acushnet Company announced that the transaction for its sale from Fortune Brands, Inc. to a consortium led by Fila Korea, Ltd. and Mirae Asset Private Equity, was completed. The sale was announced on May 20. Acushnet will remain as a standalone company th
Nautilus Amends Credit Agreement
Nautilus said that on July 20 it amended its credit agreement to ease the restrictiveness of certain provisions by increasing the borrowing availability, raising the limitation on capital expenditures and reducing interest rates applicable to outstanding
Nielsen Exposition Sales Flat in Q2
Nielsen Holdings N.V. said sales by its Expositions segment, which owns the Outdoor Retailer and Interbike shows, were flat in the second quarter ended June 30, 2011, but remain up 8% year to date…
Brunswick Corp.’s Q2 Earnings Soar on 8 Percent Sales Gain
Brunswick Corporation reported operating margins nearly doubled to 9.8 percent in the second quarter ended July 2, when net sales rose 8 percent to $1.10 billion. Operating earnings reached $107.9 million, up 94 percent from a year earlier, while net earn
Cabela’s to Open Second Store in West Virginia
Cabela's plans to open a store in in Charleston, W.Va. Cabela's expects to open the Charleston store in summer of 2012. The 80,000-square-foot store will be located in the Southridge Centre shopping area off U.S. Highway 119, and will be Cabela&
Cabela’s Comps Rose 4.4 Percent in Q2
Cabela's Inc. reported adjusted earnings rose 14.9 percent in the second quarter, to $22.3 million, or 32 cents a share. Revenues increased 7.7 percent to $562.1 million. For the quarter, comparable store sales increased 4.4 percent. On a reported ba
West Marine’s Q2 Revenues Edge up 1.1 Percent
West Marine, Inc. reported net revenues for the second quarter ended July 2 edged up 1.1 percent to $236.0 million as the company continued to close underperforming stores and open new ones…
OIA Benchmarking Studies Point to Leaner, More Profitable Industry
The outdoor industry has emerged from the recession leaner and more profitable, according to two benchmarking reports released by Outdoor Industry Association. High-profit retailers in this year’s study reported an average gross margin of 46.5 perce
Goodhew Taps Skirving to Help with Canadian Launch
Goodhew has hired Julie Skirving to help launch its rebranded sock line and new Sockwell brand in Canada…
Kresser Named President and CEO of Taurus International
Taurus International Manufacturing has excited to announced the appointment of Mark Kresser as President and CEO. He will succeed long-time President and CEO, Bob Morrison…
Garmin Closes Navigon Deal
Garmin Ltd. has completed the acquisition of Navigon AG, a privately-held navigation provider headquartered in Hamburg, Germany…
