New products reportedly “performed well” across several brands in both the Shooting Sports and Outdoor Lifestyle categories, helping to offset declines and deliver net sales in the quarter.
Author: SGB Media
Journeys Parent Narrows Q2 Loss as Sales Tick Up; Raises FY Guidance
Genesco, Inc. now expects total sales to decrease 1 percent to 2 percent for the year, versus prior expectations for a total sales decrease of 2 percent to 3 percent.
Yamaha U.S. Marine Business Unit Names Business Planning Director
Andrea Tetto began her career at Yamaha in 2022 as the Marine Business Planning Division manager, overseeing and transforming the Marine Business Planning functions with data-driven insights and direction to stakeholders across the marine segment.
TriStar Arms Names National Sales Manager
Mathew Rogers will work directly with management to identify underdeveloped markets and create new sales channels to fuel grand growth.
BRP, Inc. Sees Revenues and Profits Tank in Fiscal Q2 Period
The parent company of the Ski-Doo, Sea-Doo and Lynx power sports brands reported consolidated revenues decreased by $936.1 million, or 33.7 percent, to $1.84 billion for the fiscal second quarter.
EXEC: Callaway and Topgolf Management Outline Separation Plan
The company said it expects to effect the separation by spinning off the Topgolf business to Topgolf Callaway Brands’ shareholders in a transaction that is intended to be tax-free for both the company and its shareholders for U.S. federal income tax purposes.
Helen of Troy Announces New $500M Share Repurchase Authorization
The repurchase program does not require purchasing any minimum number of shares and may be implemented, modified, suspended, or discontinued in whole or in part at any time without further notice.
Tilly’s Takes a Shifting Calendar Hit to Second Quarter Sales; Improves EPS Loss to Zero
The calendar shift impact of last year’s 53rd week in the retail calendar, which caused a portion of the back-to-school season’s sales volume to shift into the latter stages of the second quarter from the beginning of the third quarter last year.
Zumiez Gets Q2 Sales Lift From Year-over-Year Calendar Shift and Narrows Net Loss
The company experienced a noticeable acceleration in its sales trend as the second quarter unfolded, with July North America comparable sales increasing in the high-single digits and encouraged about prospects for growth over the remainder of fiscal 2024.
Cotopaxi Opens Store on Boston’s Newbury Street
Located in the heart of Newbury Street, the store was originally a 19th-century schoolhouse before retail.
Arc’teryx to Feature First ReGear Showroom in New Brand Store in NYC
The flagship store will sell new and pre-owned Arc’teryx apparel and gear, with one floor dedicated to its ReBird Service Center, offering product care and repair services.
Shoe Carnival Raises Guidance on Strong Back-to-School Results
Sales accelerated during the peak back-to-school season and continued through the month of August. The company achieved low-single digit comparable store sales growth for Fiscal August 2024, driven by growth of the Children’s and Athletics categories.
Macy’s, Inc. Announces Debt Tender Offer
Macy’s Retail Holdings, LLC, has commenced a cash tender offer to purchase up to an aggregate principal amount of certain of its outstanding notes for a combined aggregate purchase price of up to $220 million.
Freemotion Partners with Grupo Multi, Expands Presence in Brazilian Fitness Market
Freemotion entered into a strategic partnership with Grupo Multi, the Brazilian fitness distribution company. The announcement follows the appointment of Yvette Cisneros as Freemotion’s sales director for LATAM.
Kästle USA Appoints Steven Poulin as President and CEO
The Austrian ski brand, founded in 1924, said the strategic hire is timed with accelerated growth and the introduction of new categories.
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