Asics Corp. reported sales increased 4.2 percent in the first quarter in the North America region as the Performance Running category returned to positive growth.
Author: SGB Media
SportChek’s Comps Grew 3.4 Percent In Q1
Canadian Tire Corp. reported comps at SportChek grew 3.4 percent in the first quarter.
Wolverine World Wide Tops Guidance In Q1
Wolverine World Wide reported earnings in the first quarter were down slightly on an adjusted basis but exceeded guidance as its top-five brands, including Merrell and Saucony, saw revenue arrive above plan during the quarter to offset some challenges at Sperry.
Vista Outdoor Q4 Profits Miss Plan
Vista Outdoor Inc. reported fourth-quarter profitability was lower than expected as a result of increases to reserves for customer credit risk and product liability litigation. In addition, the Shooting Sports segment experienced temporary production and supply issues.
Carhartt Partners With ISAIC
Carhartt announced that it is partnering with the Industrial Sewing and Innovation Center (ISAIC) by dedicating the third floor of its Cass Avenue retail location to the organization. In addition, the company is also making an in-kind donation of apparel manufacturing equipment to help support the organization’s launch plans.
Georgia-Based Footwear Company, Okabashi, Earns USDA Certified Biobased Product Label
The family-owned company, Okabashi, has been leading the charge in responsible, sustainable footwear for nearly 35 years. The company’s eco-conscious approach is a top priority, and now, Okabashi has earned the U.S. Department of Agriculture (USDA) Certified Biobased Product label. Founded in 1984, Okabashi is a family owned and operated American-made shoe company with a […]
Original 1974 Klettersack By Wilderness Experience Is Back
Using original pattern, materials and quality, Wilderness Experience will offer Limited Edition iconic daypack beginning July 2019. Kickstarter Campaign Is Underway Wilderness Experience, the iconic outdoor gear brand founded in 1971 by Greg, Jim and Laurie Thomsen, is making a comeback with the launch of a Kickstarter campaign offering The Original Klettersack featuring the original pattern, materials and […]
Camping World Posts Net Loss On Slight Revenue Gain
Camping World Holdings Inc. on Wednesday reported a net loss for the first quarter ended March 31 of $26.8 million and earnings per share of (52) cents, missing consensus estimates by 64 cents. Non-GAAP earnings per share of (67) missed by 83 cents. Revenue of $1.1 billion was up 0.6 percent from the same quarter a year ago, in line with Wall Street’s consensus estimate.
Canada Goose Promotes Ana Mihaljevic To Chief Commercial Officer
Canada Goose on Wednesday announced the promotion of Ana Mihaljevic to chief commercial officer. Rick Wood, who previously served as chief commercial officer, will move into a new role, serving as executive adviser on key strategic projects.
Saucony Promotes Joe Toth To VP Of U.S. Sales
Saucony, a division of Wolverine Worldwide, Inc., announced the promotion of Joe Toth to the position of vice president of U.S. sales.
Bogs’ Bounce Back Continues In Q1
Bogs, continuing on the recovery seen in 2018, saw revenues jump 23 percent in the first quarter. The gains were due primarily to higher sales to outdoor and online retailers.
SFIA Strongly Opposes Proposed Increase China Tariffs
In response to President’s Trump threat to increase tariffs on Chinese goods, SFIA said it has communicated with the Trump Administration, along with other member companies, for months and has been clear that if these tariffs are imposed, companies will be forced to raise prices, reduce production, divert resources from planned research and development, and potentially lay offs.
Sequential Brands Posts Q1 Loss On Impairment Charge
Sequential Brands Group Inc., the parent of Avia, And1 and Gaiam, reported a steep loss in the first quarter due to an impairment charge related to the sale of the Martha Stewart and Emeril Lagasse brands. The company also noted that first-quarter results came in below expectations.
Yeti To Launch Secondary Offering
Yeti Holdings Inc. announced the commencement of a public offering of 9.5 million shares of common stock by certain of its stockholders.
Acushnet’s Earnings Dip In Q1
Acushnet Holdings Corp., the parent of Titleist and FootJoy, reported net earnings declined 15.9 percent in the first quarter as sales decreased 1.8 percent due to weakness in Japan and Korea. U.S. sales increased 5.1 percent in the quarter.
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