The maker of Repreve recycled and synthetic yarn reported second fiscal quarter sales ended December 29, 2024 were $138.9 million, an increase of 1.4 percent from the second quarter of fiscal 2024, primarily driven by higher sales volumes.
Author: SGB Media
Peloton Raises Profit Outlook on Improved Holiday Quarter
Peloton Interactive raised its earnings guidance for its fiscal year ending June 2025 after seeing a strong recovery in earnings on an adjusted basis for the holiday quarter on better-than-expected sales. Revenues in its December quarter were down 6.1 percent.
Under Armour Shares Rise After Q3 Beat on Estimates; Raises Fiscal 2025 Outlook
Under Armour Inc. raised its sales and EPS guidance for its fiscal year ended March 31 after third-quarter results topped expectations. Sales were down 6 percent in the third quarter with an 8 percent decline in the North America region.
Brooks Running Posts 9 Percent Growth In 2024
Brooks Running reported sales were up 9 percent in 2024, fueled by growth in every region and channel. The performance marked eight consecutive years of growth for the brand, delivering a 13 percent compound annual growth rate over that horizon.
Canada Goose Misses Q3 Revenue Targets on DTC Softness
Canada Goose’s revenues in the fiscal third quarter ended December 29 came in below Wall Street’s estimates as DTC comps missed plan, down 6.2 percent. Earnings on an adjusted basis in the third quarter rose 7.0 percent while overall sales declined 2.2 percent.
Sportsman’s Warehouse Taps Walmart Vet Jeff Dunn as Chief Merchant
Dunn was most recently chief merchandising officer at Galaxy Universal. Prior, he served in a variety of merchandising roles at Walmart over a 12-year period, including VP/DMM for Sporting Goods and VP/DMM for Footwear.
Sports Facilities Companies to Open or Break Ground on 12 Facilities Nationwide in 2025
SFC’s new projects for 2025 are expected to drive economic impact and community growth nationwide through youth and amateur venues.
Winchester Ammunition Breaks Ground on New 6.8mm Ammunition Facility
The company said the 450,000-square-foot advanced ammunition production facility can manufacture all components of 6.8mm ammunition and finished rounds for the U.S. military, reinforcing the legacy of the LCAAP and its vital role in U.S. national defense.
Crunch Franchise to Open Crunch Facility in Windcrest, Texas
Tony Hartl, founder of The Undefeated Tribe and Crunch franchisee, plans to open Crunch San Antonio Windcrest in Windcrest, TX, this Fall. This will be Hartl’s fifth Crunch gym in the San Antonio area, with 11 more in the planning.
Wild Rye Adds to Management Team With Two New Hires
Megan Odom joins the company as national sales manager and Sara Gerritts as supply chain operations manager. The company reported that they “bring a wealth of experience and a passion for the outdoors that aligns perfectly with our brand’s values and mission.”
BSN Sports Parent Appoints Two C-Suite Leaders to Executive Team
Javier Idrovo was named chief financial officer and Jim Baldwin as chief legal and compliance officer. They succeed John Hutchison and Burton Brillhart, who recently announced their retirement from the company.
Fierce Firearms Strengthens Leadership with Strategic Hires
The US-based firearms manufacturer appointed Paul Parrott as vice president of Marketing, Sales and Product Development. Alec Rasmussen has joined the company as marketing manager.
SC Products Group Merges with Desert Tactical
Based on the SC-14 Gun Cleaner’s launch and first-year growth in 2024, the SC Products Group and Desert Tactical leadership teams made the strategic decision to consolidate operations under the SC Products Group, LLC
Pickleball Kingdom Franchise to Open in Memphis, TN
The location 42,300-square-foot space will be led by franchisees Bappa Mukherji, Anjali Mukherji Doria and Jake Doria, and located in Southeast Memphis near Germantown.
Jackson Hole Mountain Resort Names New CEO
JHMR has appointed Doug Pierini as CEO, effective June 1. He replaces Mary Kate Buckley who will retire as CEO on May 31, concluding a seven-year tenure leading the resort property.
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