Meteorite PR Adds Industry Veterans To Growing Team

Colorado-based Meteorite PR announced today the hiring of two industry veterans as it looks to expand its global footprint in 2020. Nick Firchau will serve as Meteorite’s content manager after nearly 20 years spent as a journalist and digital media professional. He spent six years as a reporter with the Chicago Sun-Times and later played […]

Vista Outdoor Shares Climb After Company Hits Key Milestone

Shares of Vista Outdoor Inc. jumped 11.7 percent Thursday following the company’s upbeat earnings report that included its first quarter of positive organic revenue growth since extensive transformation efforts began in 2018. Though the company’s stock dipped Friday morning, the accomplishments of the previous quarter provided a much-welcomed boost for the Anoka, MN-based company.

Canada Goose Slashes Outlook On Coronavirus Fallout

Canada Goose cut its full-year forecast for sales and profit after reporting that the coronavirus is “having a material negative impact” on results. Sales are now expected to expand in the range of 13.8 percent to 15.0 percent in its year ended March 31, compared to at least 20 percent growth previously.

Columbia Sportswear’s Q4 Impacted By Promotional Climate

Columbia Sportswear reported net earnings dipped 2 percent in the fourth quarter against adjusted year-ago results but still exceeded Wall Street’s consensus target. Revenues expanded 4 percent. Tim Boyle, CEO, said in a statement, “A challenging retail environment, particularly in outerwear, impacted sell-through performance and led to higher levels of promotional activity.”

Skechers’ Q4 Revenues Jump 23 Percent

Skechers USA Inc. reported net earnings rose 25.5 percent in the fourth quarter on a 23.1 percent revenue gain. Sales topped guidance and earnings arrived at the high end of guidance.