Johnson Outdoors Swings to Fiscal Q3 Profit on Tariff Rebates, Fishing and Diving Gains

Johnson Outdoors, Inc., the parent of the Jetboil, Old Town, Minn Kota, Humminbird, and ScubaPro brands, for the Company’s third fiscal quarter ending July 3. “We delivered solid third quarter results with total company sales increasing 5 percent, reflecting the strength of our market-leading brands,” said Helen Johnson-Leipold, Chairman and Chief Executive Officer. “While macroeconomic conditions […]

Under Armour Cuts Annual Sales Guidance

Under Armour trimmed its sales guidance for the year due to weak sales trends in North America and Asia-Pacific, now expecting a decline in the mid-single digits versus a slight decline previously. Earnings exceeded estimates with the help of tariff refunds.

JanSport Opens First Global Flagship Store in Seoul

JanSport, which is owned by VF Corp., announced the opening of its first global flagship store. The store is located in Seongsu neighborhood in Seoul, South Korea. The two-level store, located at 3 Seoulsup 9-gil, Seongdong-gu, Seoul, covers approximately 2,130 square feet and features the brands new apparel range, along with an expandeed backpack selections.

American Outdoor Brands Appoints Board Member

American Outdoor Brands, Inc. has appointed Kevin Leary, chief executive officer of Hallador Investment Advisors, to its Board of Directors. Leary will serve as an independent director and has been appointed to the Board’s Compensation Committee and Nominations and Corporate Governance Committee.

Sqairz Appoints Skechers Vet as VP of Sales

Sqairz, which recently extended its footwear offerings beyond golf to baseball, softball, pickleball and medical, hired Michael Ferlauto as VP of Sales. Ferlauto formerly worked with footwear startup Psudo and Skechers.

Peloton Delivers Soft Guidance on Subscriber Losses

Peloton Interactive reported profit improvement on flattish revenue in its fiscal fourth quarter ended June 30, but also issued soft revenue guidance for fiscal 2027 as subscriber losses continue to deepen. The connected fitness leader sees sales sliding 4 percent in its current fiscal year.

Planet Fitness Q2 Same-Club Sales Expanded 1.7 Percent

Planet Fitness, Inc. reported earnings were down slightly in the second quarter as total sales grew 7.1 percent and same-club sales improved 1.7 percent. The fitness chain said it “continues to recover from significantly lower-than-expected member sign-ups at the start of the year that previously caused it to sharply lower its annual outlook. Planet Fitness maintained its sales guidance for the year.”