Planet Fitness inc. reported earnings on an adjusted basis increased 19.5 percent on a 22.1 percent revenue gain.
Author: SGB Media
Vista Outdoor Names Executive Officers
Brad Crandell was named Chief Human Resources Officer. Mark Kowalski was named Vista Outdoor’s Controller and Chief Accounting Officer. Dylan Ramsey was named vice president, general counsel and corporate secretary. Kelly Reisdorf was named vice president, chief communications and investor relations officer. Crandell, Kowalski, Ramsey and Reisdorf all previously served in senior roles at Vista Outdoor.
Dick’s Announces Black Friday Doorbusters And Holiday Hours
Dick’s Sporting Goods announced a preview of its Black Friday Doorbusters, holiday hours and conveniences for busy shoppers, while also releasing the trailer for the Company’s holiday TV spot.
Dorel Sports’ Q3 Revenues Expands 14 Percent
Dorel Industries Inc. reported third quarter revenue at Dorel Sports increased 14.2 percent, to $250.3 million. The gains were driven by revenue growth across all three divisions, driven by strong performances at the Cycling Sports Group (CSG).
Sequential Brands Posts Wider Loss On Mid-Teens Sales Decline In Third Quarter
The parent company for the Avia, And1, Heelys, SPRI and DVS brands reported Friday that total revenue from continuing operations for Q3 2019 was $25.4 million, compared to $29.5 million in the year-ago quarter.
Delta Apparel Ups Q4, Full-Year Sales And Earnings Estimates
Delta Apparel, the parent company of iconic brands Salt Life and Soffe, among others, has increased its estimates for both sales and earnings per share for the fiscal fourth quarter and full-year ending December 31.
Planet Fitness Partners With Bravo Fit In Aussie Expansion Effort
Planet Fitness signed an Area Development Agreement with Bravo Fit Holdings Pty Ltd., which will bring a minimum of 35 Planet Fitness locations to Australia over the next several years.
American Baitworks Takes 50 Percent Stake in STH Bait Co.
American Baitworks Co. has completed their investment in STH (Set The Hook) Bait Co., a tackle company with a focus on finesse fishing tackle for Smallmouth and Largemouth Bass, Panfish and Walleye.
Aisle Talk Week Of November 4
Top headlines from across the active lifestyle industry featured in SGB during the week of October 28, 2019.
Bass Pro Confirms 120 Sydney Jobs Relocating To Springfield
Bass Pro Shops confirmed that nearly 120 jobs at its Cabela’s operation in Sidney, NE are being relocated to Bass Pro’s headquarters in Springfield, MO, according to the Associated Press.
New York Times Op-Ed Blasts Nike’s Oregon Project
In an op-ed in the New York Times gaining wide attention, former prodigy runner Mary Cain, now 23, said she was “emotionally and physically abused” until she quit Nike’s Oregon Project, Nike’s elite track and field training program.
Sturm, Ruger’s Q3 Revenues Sink 17 Percent
Sturm, Ruger & Co. reported earnings fell 47.7 percent in the third quarter on a 17.3 percent revenue decline. CEO Christopher Killoy said, “Demand has remained soft throughout this year. However, we once again elected to forgo opportunities to generate better short term results.”
Camping World Posts Q3 Loss After Store-Closing Charges
Camping World Inc. posted a steep loss in the third quarter due to its decision to strategically shift away from locations where the company does not have the ability or where it is not feasible to sell and/or service RVs. The company said it will close 28 of the 37 remaining Gander Outdoors doors that have not been converted into RV dealerships, as well as two of the seven outdoor lifestyle locations operated by TheHouse.com
GoPro’s Q3 Revenues Tumble 53 Percent
GoPro reported revenues fell 54.1 percent in the third quarter but came in ahead of expectations. The company also posted a steep loss although it was also better than guidance.
Nautilus’ Q3 Revenues Tumble 32 Percent
Nautilus Inc. reported a loss in the third quarter as sales fell 32.2 percent.
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