Callaway Golf Co. on Thursday increased its earnings per share guidance for the first half and full-year 2019 after posting record revenue in the first quarter. The company’s net sales increased $113 million (28 percent) to $516 million, and adjusted EBITDA increased $4 million (4 percent) to $93 million.
Author: SGB Media
Kahunaverse Sports Group Acquires Soccer Express
Kahunaverse Sports Group, one of Canada’s largest providers of institutional and team sporting equipment, apparel and accessories, has acquired Soccer Express Trading Corp.
Golf Town Opens Pop-Up Stores In Kamloops And Lethbridge
Golf Town, based in Toronto, is opening two “pop-up” stores in key Western Canadian markets, Kamloops, BC, and Lethbridge, AB.,
Xceed Acquires Peaks Apparel
Xceed, the custom activewear brand based in Mexico City, announced plans to rapidly expand its brand through the acquisition of U.S.-based Peaks Apparel.
As Headwinds Mount, Is Camping World Making The Right Moves?
Headwinds continue to batter Camping World Holdings Inc., with such factors as a soft RV market, tough comps with 2018, operational restructuring and even a lawsuit taking a toll on the company. Is Camping World making the right moves in response?
GoPro’s Q1 Revenues Climb 20 Percent
GoPro Inc.’s revenues topped Wall Street’s targets, driven by strong demand for its new range of cheaper action cameras from flagship brand Hero. The loss in the period was also slightly better than Wall Street’s targets.
Asics Returns To Growth In North America
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.
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.
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