The last big jump for Columbia came after 2024 first-quarter results surpassed analysts EPS expectations and revenue also came in ahead of consensus estimates. COLM shares jumped 10.6 percent at the time. COLM shares are now flat for the year.
Author: SGB Media
EXEC: New Report Sees E-Commerce Growth Rate Contracting 70 Percent by 2029
According to data presented by Stocklytics.com, the annual growth rate in the e-commerce sector is now expected to slow to just 4.6 percent by 2029, or 69.3 percent lower than the forecasted 2024 growth rate.
NRF: Consumers Face ‘Critical Moment’ Waiting on Fed
National Retail Federation Chief Economist Jack Kleinhenz said the Fed must balance using high interest rates to reduce inflation with the risk that keeping rates too high for too long could slow the economy to the point of recession.
ITF Launches Tennis Photo of the Year Competition for Pros and Amateurs
“…we wanted to give photographers, both amateur and professional, a chance to have their creativity recognized. I would encourage anyone who captures a special tennis moment at any level of the game to enter our competition, to be in with a chance of global exposure and a fantastic prize.” —David Haggerty, ITF President
GameAbove Sports Acquires Fourth Founding Big3 Expansion Team
GameAbove Sports announcement follows the purchase of rights to the LA, Miami and Houston Big3 franchises earlier this year. The league is in the fifth week of Big3’s seventh season, which continues to tour nationwide via linear, streaming and digital platforms.
UNL Names 1890 Nebraska Official NIL Collective of Nebraska Athletics
The University of Nebraska Athletic Department named 1890 Nebraska the official name, image, and likeness (NIL) collective of Nebraska Athletics.
NSGA: Former Board Chairman and Source for Sports Founder Al Anderson Passes Away
Al Anderson, the only Canadian to serve as Board chairman of the National Sporting Goods Association (NSGA), passed away on July 2. He was 92.
Protect Our Winters Appoints COO
Ryan Laemel is the first chief operating officer operations, overseeing financial planning, training, events, Athlete and Science Alliances, and Team POW, POW’s member program.
Lifetime Products CEO Richard Hendrickson Killed in Family Car Accident
The accident also claimed the life of his daughter Sally. Richard’s wife and two of their other children sustained non-life-threatening injuries in the accident. Another daughter was traveling overseas and was not in the vehicle.
Yanre Fitness is Rebranding to YR Fitness
This change by the Chinese strength equipment manufacturer is said to be part of the company’s plan to expand internationally and make its name easier to remember and pronounce.
New Crunch Fitness Location Opens in Pittsburgh, PA Area
Fitness Ventures LLC, reportedly one of the largest growing Crunch franchisees, operates in over 25 states and owns Crunch Fitness Pleasant Hills.
Pickleball Kingdom to Open New Club in Appleton, WI
Spearheaded by GTOne Management Group, led by industry veterans Abhi, Rama, Chandu, and Narsa, the goal is to be open before Winter 2024.
Crunch Franchisee to Open Newest Location in North Round Rock, TX
Led by Crunch Fitness franchisee, The Undefeated Tribe, Crunch North Round Rock will be located in the University Oaks Shopping Center, creating a new offering for North Round Rock residents.
EōS Fitness Opens Five New Locations to Reach 100 Gyms Milestone
The company said it is also moving forward with plans to bring new locations to new markets, including San Antonio and Austin, TX and throughout South Florida.
EXEC: Vista Outdoor Rejects MNC Final Offer as CSG Ups Ammo Segment Offer to $2.1B
Vista Outdoor Board unanimously recommended the CSG offer to acquire Vista’s Kinetics Group ammo segment, and it unanimously rejected MNC Capital’s final indication as inadequate and opportunistic, particularly in its undervaluation of the Revelyst outdoor products segment.
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