Author: ericsmith

Callaway Golf Teeing Up Jack Wolfskin Strategy

Callaway Golf Teeing Up Jack Wolfskin Strategy

Solid performance across Callaway Golf Co.’s core golf business led to impressive revenue growth in 2018, and now the company is banking on a new division—Jack Wolfskin, which Callaway just acquired—to become an integral asset. For the full year of 2018, Callaway's net sales increased $194 million, or 19 percent, to $1.2 billion, reflecting increases in each of the company’s operating segments and in each reporting region. (Read More)

SGB Executive Q&A: NASGW Board Chair & Lipsey’s CEO Laurie Aronson

SGB Executive Q&A: NASGW Board Chair & Lipsey’s CEO Laurie Aronson

Laurie Aronson, president and CEO of Baton Rouge, LA-based wholesale firearms distributor Lipsey’s LLC, on January 1 became the first female board chair of the National Association of Sporting Goods Wholesalers (NASGW). She spoke with SGB about what that honor means and her goals for the trade association during the next two years. (Read More)

Crocs Pivots To Growth Mode After Successful Repositioning

Crocs Pivots To Growth Mode After Successful Repositioning

The transformation that Crocs Inc. began a few years ago has included everything from shuttering stores to adjusting its channel strategy to closing its company-owned manufacturing facilities. Those efforts to slash costs have paid off for the Niwot, CO-based footwear maker. After shedding $80 million in SG&A expenses in that timeframe, the company can now focus on the next leg of its journey—growth. (Read More)

Yeti Executives Unpack Ambitious Growth Strategies

Yeti Executives Unpack Ambitious Growth Strategies

The ambitious financial goals that Yeti Holdings Inc.’s top executives laid out at the ICR Conference in Orlando, FL, center on four growth strategies plus a key supply chain move that will have the company no longer manufacturing in China by the end of the year. President and CEO Matt Reintjes and CFO Paul Carbone on Monday outlined the company’s plans for 2019 in a fireside chat hosted by Baird analyst Peter Benedict. (Read More)

Fewer Destination Guests, Other Headwinds Taking Toll On Vail Resorts

Fewer Destination Guests, Other Headwinds Taking Toll On Vail Resorts

Good snowfall to start the 2018/19 ski season was a boon for many resorts across the U.S., with plentiful powder and the opening of terrain and lifts often not accessible until January stoking hopes of an epic performance for the industry. All of which made last week’s news from Broomfield, CO-based Vail Resorts Inc. that much more surprising. (Read More)

Tariffs Hit Helen Of Troy’s Outlook But Company Still Bullish On China

Tariffs Hit Helen Of Troy’s Outlook But Company Still Bullish On China

Declining e-commerce business in China prompted Hydro Flask parent company Helen of Troy Ltd. to reduce its full-year sales outlook. The softness, a result of the ongoing trade war with China, might have dampened an otherwise strong third quarter performance, but it didn’t diminish the company’s long-term view of China as a key marketplace. (Read More)

December M&A Roundup: Marquee Views Dakine As “Billion-Dollar Opportunity”

December M&A Roundup: Marquee Views Dakine As “Billion-Dollar Opportunity”

The final month of 2018 didn’t provide a high volume of M&A in the active lifestyle space, but a handful of notable deals helped the year close on a strong note, including Marquee Brands LLC's acquisition of Dakine (pictured). Terms of the deal weren't disclosed but Marquee sees Dakine as a "billion-dollar opportunity," said Nate Pund of Houlihan Lokey. (Read More)

2018 Year In Review: M&A Goes Outside The Box

2018 Year In Review: M&A Goes Outside The Box

A healthy dose of straightforward mergers and acquisitions occurred in the sporting goods, outdoor and active lifestyle industries in 2018, but a handful of unconventional deals stole the spotlight. Outside-the-box transactions—which garnered much more attention than traditional ones—included a consortium of Chinese investors and a well-known active lifestyle name purchasing Amer Sports (pictured). (Read More)

Nike CEO Mark Parker: Company Focused On Digital Growth, Women’s Market

Nike CEO Mark Parker: Company Focused On Digital Growth, Women’s Market

After Nike Inc. blew past earnings and revenue estimates in the second quarter, CEO Mark Parker had plenty to discuss on Thursday afternoon’s earnings conference call with analysts. Two distinct themes about Nike’s future path emerged in Parker’s comments: continued digital growth and a heightened focus on women’s footwear and apparel business. (Read More)

Winnebago Cruises To Q1 Beat Behind Towables Growth, Acquisition Boost

Winnebago Cruises To Q1 Beat Behind Towables Growth, Acquisition Boost

Revenue growth in the towables portion of Winnebago Industries Inc.’s portfolio plus the boost from the recent Chris-Craft acquisition helped the company cruise past Wall Street’s earnings per share and revenue targets. The Forest City, IA-based recreational vehicle company reported net earnings increased 23.4 percent in the first quarter ended November 24 on a 9.7 percent climb in revenues. (Read More)

Stifel Outlook: Uncertainty Presents Opportunity For Active Lifestyle Brands

Stifel Outlook: Uncertainty Presents Opportunity For Active Lifestyle Brands

In “2019 Outlook: Uncertainty Presents Opportunities,” a note that was sent to investors this week, Jim Duffy of Stifel outlined what he believes are going to be the differentiators for sports and active lifestyle brands in the new year. The newly public Yeti Holdings Inc., for example, was among those forecasted for a strong year based on its new product drivers and digital competency. (Read More)

Case Study: Burton’s Patience In China Paying Off

Case Study: Burton’s Patience In China Paying Off

In a companion piece to our special report on how U.S. snow sports brands can expand to China, SGB examines how Burton Snowboards established a strong presence in the China market way back in 2003. Now that the Winter Olympics are coming to China in three years, the Vermont-based brand is well-positioned for a booming snow sports marketplace. Here’s how they did it. (Read More)

Snow Sports Industry Eyes China As Last Untapped Market

Snow Sports Industry Eyes China As Last Untapped Market

As host of the 2022 Winter Olympics, China is developing snow sports infrastructure not only for the Games but also for its citizens to use recreationally. The government said it will create 300 million winter sports participants over the next few years, a number that understandably caught the attention of the U.S. snow sports industry. In this special report, SGB outlines the opportunities that China offers brands and how they should approach this untapped market. (Read More)

Peak Resorts Finds ‘Firm Footing’ In Second Quarter

Peak Resorts Finds ‘Firm Footing’ In Second Quarter

Shares of Peak Resorts Inc. rose 24 cents, or 4.9 percent, to $5.14 Wednesday on the company’s solid second-quarter performance that was bolstered by strong sales of its Peak Pass and plentiful early season snowfall that helped some of its resorts open early—the type of top-line boost that ski area owners covet during the traditionally slow fall quarter. (Read More)

Pin It on Pinterest

Share This