Pelican Products, Inc. appointed Brad Antoine as vice president of financial planning and analysis.
Author: SGB Media
Asics Lifts Outlook On Improved Q3
Asics reported net sales in the first nine months of 2020 slumped 13.3 percent to ¥248,206 million due to the impact of the spread of COVID-19. However, the Japanese sporting goods company lifted its outlook for the year as third-quarter results showed improvement.
SportChek’s Q3 Same-Store Sales Dip
Canadian Tire Corp. reported SportChek’s comparable sales growth declined 1.4 in the third quarter. On a constant-currency basis, Helly Hansen’s revenue decreased 0.9 percent.
GoPro’s Q3 Revenues More Than Double
GoPro announced a return to profitability in the third quarter ended September 30 as sales year-over-year jumped 114 percent.
Selk’bag Introduces 100 Percent Recycled, Wearable Sleeping Bag
Selk’bag, announced the launch of its latest design, a fully recycled, wearable sleeping bag it calls the Nomad. Available mid-November on its website and through select REI stores, the sleeping bag offers freedom of movement with comfort. “After a decade in business, the Nomad is our first 100 percent recycled style, and it’s a major […]
Peloton’s Q1 Sales Surge 232 Percent
Peloton Interactive Inc. reported total revenue grew 232 percent in the first quarter ended September 30 to $757.9 million, exceeding Wall Street’s consensus target of $748.1 million. The company lifted its sales outlook for the full fiscal year but again warned of supply chain constraints.
BSN Sports Partners With The Scout Hub In Conjunction With Under Armour
BSN Sports announced a partnership with The Scout Hub in conjunction with its brand partner, Under Armour. Through this partnership, baseball and softball organizations that use The Scout Hub will receive team apparel, equipment discounts and dedicated products serviced by BSN.
Planet Fitness’ Q3 Revenues Drop 37 Percent
Planet Fitness Inc. reported a loss in the third quarter ended September 30 as sales dropped 36.8 percent.
The Buckle’s October Comps Climb 13 Percent
The Buckle Inc. announced that comparable store net sales, for stores open at least one year, for the 4-week period ended October 31, 2020, increased 12.7 percent.
Adidas x Craig Green Collaboration To Drop At Retail
Adidas x Craig Green announced its second collab that will drop globally on Sunday, November 8. The shoes were shown during Green’s AW20 runway show in January—the first showing in Paris for the British designer. The collab reimagines the Adidas Superstar. The CG Superstar uses quilting to define the silhouette. “We started by finding the place between […]
Vista Outdoor’s Q2 Sales Jump 29 Percent
Vista Outdoor Inc. reported sales rose 29 percent in the second quarter ended September 27. Outdoor Products delivered 35 percent organic growth, and Shooting Sports gained 26 percent. E-commerce revenues doubled.
HanesBrands Sees Champion’s Revenues More Than Double Sequentially In Q3
HanesBrands Inc., reported sales in the third quarter excluding exited programs and the effect of changes in foreign exchange rates rose 2.6 percent. Highlights included global Champion net sales more than doubling over the previous quarter. U.S. Innerwear sales were up 8.4 percent over last year.
Canada Goose’s Q2 Revenues Slump 34 Percent
Canada Goose Holdings Inc. reported earnings fell 82.8 percent in the second quarter ended September 27 as revenues declined 33.7 percent. Canada Goose noted that Mainland China has returned to growth and adjusted EBIT margin was positive for the first time since the onset of the pandemic.
Yeti’s Q3 Revenues Climb 29 Percent
Yeti Holdings Inc. reported earnings on an adjusted basis more than doubled in the third quarter ended September 26 as sales jumped 29 percent. Yeti expects sales in the range of 15 percent to 16 percent in the fourth quarter.
Wolverine Worldwide Tops Expectations On Strength In Performance And Work Brands
Wolverine Worldwide reported earnings fell in the third quarter on a 14 percent revenue decline but both exceeded internal expectations. Saucony and Chaco delivered double-digit revenue growth, while Merrell and its work brands drove sequential revenue improvement versus Q2.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal