Fitness Ventures LLC, which operates over 70 Crunch Fitness locations as a licensee across twenty-eight states, has acquired the three existing Crunch Fitness locations in the Portland, OR market. As part of the acquisition, the company is planning a $75 million investment to bring 15 new Crunch locations to the region over the next several years.
Author: SGB Media
Johnson Outdoors Gets Fishing, Diving and Watercraft Lift in Fiscal Q3
Johnson Outdoors, Inc. reported earnings surged nearly five-fold in the fiscal third quarter ended June 27, with the benefit of reduced discounting and higher sales. Sales grew 5 percent in the second quarter, as gains in its Fishing and Diving segments. Sales in the Camping & Watercraft Recreation segment grew 3 percent, excluding the impact of the exit from the Eureka! business.
EXEC: Escalade Eyes Market Share Opportunities Amid Tariff Challenges
CEO Armin Boehm said second quarter sales performance reflects an increasingly cautious consumer demand environment, changing customer buying patterns, and the strategic exit of select product categories.
Vasa Opens Fourth Colorado Springs Club with First Cold Plunge
The nationwide high-value, low-price fitness club operator, opened a new club at 7655 North Union Blvd. in Colorado Springs, its 15th in Colorado and fourth in Colorado Springs. The 48,000-plus-square-foot facility is highlighted by Vasa’s first cold plunge tub.
Stretch Zone Franchise Opens in Fair Oaks, CA
The new franchise location in Fair Oaks, CA, is led by owner Eric Koontz, with Adam Adler serving as manager. Koontz brings decades of leadership experience in the IT industry spanning military, government and healthcare sectors.
Gold’s Gym Continues Strategic Nationwide Expansion
Recent openings include a corporate flagship location in Austin, TX, a Beverly Center location in Los Angeles, CA and its first North America Hyrox Performance Center in Little Elm, TX, demonstrates the company’s commitment to bringing accessible strength training nationwide.
PickleRage Franchise Expands Maryland Footprint
Franchise partners Vishnu Reddy and John Bender are leading the development in the Londontown Business Center. This is their second club in Maryland, following the opening of their first PickleRage location at 851 Cromwell Park Drive in Glen Burnie.
Newell Outdoor & Recreation Swings to Q2 Operating Profit Despite Sales Decline
The parent of the Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo brands saw Q2 segment operating income of $8 million, or 3.4 percent of sales, compared with an operating loss of $11 million, or negative 4.3 percent of sales, in the prior-year Q2 period.
Fleet Feet to Open Fifth Store in Northern New Jersey
Teresa Councilor is assuming the role of operating partner for the Somerville, N.J. location which will open on August 4. She also manages Fleet Feet stores in Westfield, Summit, Morristown, and Ridgewood, NJ, respectively.
Farm to Feet Parent Nester Hosiery Acquires Assets of Fox River Mills
Following the close of the transaction, Fox River Mills will wind down Osage production, relocating manufacturing assets to Nester’s Mount Airy, NC headquarters.
Toms Shoes’ Founder Launches Golf Gear Member Platform
“Golf should be accessible. Period. For too long, the price of quality equipment has been a barrier. MyGolfClub.com is here to change that. No more inflated prices, no middlemen, just a smarter, fairer way to buy golf gear.” —Tyler Mycoskie
Callaway Delays Topgolf Spin-Off as TG CEO Plans Exit
Topgolf Callaway Brands Corp. announced CEO Artie Starrs has resigned from its struggling Topgolf segment. Starrs’ exit means the planned separation of Topgolf into a separate company likely will not occur until 2026.
Boot Barn Hikes FY Outlook as Q2 Results Fly Past Guidance
Boot Barn Holdings, Inc. lifted its guidance for the year after reporting second-quarter results that came in well ahead of expectations. Same-store sales jumped 9.4 percent and net earnings advanced 37.3 percent.
Black Diamond Parent Clarus Corp. Saw Weaker Q2 DTC Sales in NA and Europe
The parent of the Black Diamond, MaxTrax, Rhino-Rack, and RockyMounts brands reported that sales in the second quarter dipped year-over-year to $55.2 million, compared to $56.5 million in the 2024 second quarter.
Columbia Sportswear’s Q2 Results Top Expectations Despite U.S. Weakness
Columbia Sportswear’s sales in the U.S. slid 2 percent in the second quarter, but overall sales grew 6 percent with a boost from double-digit gains overseas and the loss in the quarter was lower than analysts expected. The outerwear giant also provided a “limited” outlook the year, projecting flattish revenues.
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