Salt Life Group segment net sales were $12.5 million in Q4, compared to prior-year fourth quarter net sales of $14 million. Net sales in the Delta Group segment were $78.9 million in Q4, compared to $101.5 million in the prior-year fourth quarter.
Lululemon Athletica, Inc. reported earnings declined slightly due to a charge related to its move to discontinue its Mirror platform as part of a new partnership with Peloton. Excluding the charge, earnings and sales topped guidance for the third straight quarter and Lululemon again lifted its outlook for the year.
Mountain segment net revenue decreased 14.5 percent to $172.5 million for the first quarter, said to be primarily driven by the company’s Australian ski areas, which experienced weather-related challenges that impacted terrain in the current year, compared to record visitation and favorable snow conditions in the prior year.
Adventure Wagon starts Gear Shop and releases stackable Ox Boxes for outdoor adventures.
Smith & Wesson Brands, Inc. posted net sales of $125.0 million in the fiscal second quarter, an increase of 3.2 percent year-over-year. Gross margin continues to be temporarily pressured by fixed-cost absorption, inflationary factors, and inventory reserve adjustments.
Backpacker’s Pantry and Astronaut Foods promoted Kris Luikart to vice president of operations. Luikart brings ten years of experience in planning and operations in the food industry to the position.
Content creation is reportedly part of the agreement, leveraging Backcountry’s channels and building on its video library.
Varsity Spirit reported it entered the beauty space with a line of skincare, haircare, cosmetics and fragrances designed for spirit athletes.
Crunch Fitness selected Life Fitness as a preferred supplier for its U.S. locations, supplying commercial fitness equipment for strength and cardio to Crunch clubs. Crunch has been a Life Fitness customer for over 30 years.
Winchester Ammunition, a subsidiary of Olin Corp., introduced a line of pet products, the Winchester Signature series, and a brand called King Buck for U.S. consumers.