Fourth quarter revenues increased approximately 13.5 percent to $389.5 million, compared to $343.1 million in the prior-year quarter. The increase was the first positive revenue quarter since Q3 2022.
Author: SGB Media
EXEC: Amer Sports Expects 2023 Full-Year Revenues North of $4.35 Billion
Revenue reportedly increased across all operating segments, geographic regions and channels, according to the company’s recently amended F-1 filing statement. The company sees its annual net loss contracting but EBITDA expanding for the year.
JLab Partners with PGA Tour Pros
JLab plans to add to its roster of international golfers in 2024 as its product assortment and brand grow globally in the US, Europe and APAC. JLab is available in more than 100 countries.
Pard Optics Names 2023 Rep Group of the Year
“The Odle team has demonstrated professionalism, dedication and a focus that helped Pard enjoy significant market growth.the company.” —Derick Cole, VP Sales, Pard USA.
Sole Launches the Jasper Chukka with ReCork
“For a long time, innovation in footwear has focused only on comfort and performance, with sustainability being an afterthought. With the Jasper Chukka, we set out to prove that all three can go hand-in-hand,” —Sole and ReCork Founder/CEO Mike Baker.
MyFitnessPal Appoints Tech Leader as New CEO
Mike Fisher succeeds Dinesh Lathi, who will remain involved with the company as a member of its Board of Directors.
Skechers Signs Footballer Oleksandr Zinchenko
Arsenal and Ukrainian national team defender to compete in Skechers Football shoes with debut of Diamond Ice Pack.
Lumin Fitness Inks First Franchise Partner to Fuel Brand Expansion
The first franchise agreement with Verge Fit Holdings closely follows the brand’s launch in late 2023 and outlines expansion plans for key Texas markets over the next three years including Austin, Houston and Dallas.
Soleta Golf Club Appoints General Manager
Soleta Golf Club, the new luxury golf and lifestyle community slated for the Sarasota/Bradenton/Lakewood Ranch markets, hired Mark Rummings as General Manager.
Phantom Glide Expands Sales Team in U.S. and Europe
“With the launch of Phantom Glide Nordic and the strong momentum we’re seeing with Phantom Glide sales, we jumped at the opportunity to add two veteran sales managers to the team.” —Steve Kropf, Senior Vice President, Sales, Phantom Glide.
Circana to Acquire Golf Datatech
The transaction is subject to customary closing conditions and expected to be completed by March 2024. Under the terms of the agreement, Golf Datatech will operate as a wholly-owned subsidiary of Circana.
Fitness Connection Opens 45th Location
The company opened a third gym in San Antonio, TX, the 45th in its nationwide network. The new Westover facility opened on January 20 and includes a 50,000-square-foot gym, catering to all fitness levels and preferences.
KV Capital Merges Two Powersports Brands Via Acquisition
The company anticipates merging the UTV Canada business with Mountain Sports Distribution, the full-service powersports distributor that joined the KV Capital Fund II portfolio in 2023. Financial terms were not disclosed.
Thor Industries Appoints Chief Human Resources Officer
Michele McDermott joins the company as chief human resources officer, reporting to Thor President and CEO Bob Martin.
Academy Sports and Outdoors Appoints Chief Supply Chain Officer
Rob Howell will join the company as SVP and chief supply chain officer in February 2024, reporting to President Sam Johnson. He will oversee supply chain operations, distribution centers, and domestic and international logistics.
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