Nautilus Inc. reported a steep loss in the fiscal first quarter as sales plunged 70.3 percent year over year. The fitness company said it achieved the upper end of its revenue guidance and beat its adjusted EBITDA guidance while. Direct net sales are up 27 percent vs pre-pandemic Q120 quarter.
Author: SGB Media
Wahoo Opens Sports Science Facility In Colorado
Fitness technology company Wahoo has opened a Sports Science Center in Boulder, CO, “dedicated to enhancing athletic performance.”
NPD Reports U.S. Footwear Sales Decline In Q2
In the second quarter of 2022, U.S. footwear industry sales revenue was $10.7 billion, a decline of 4 percent versus Q2 2021, according to The NPD Group.
Planet Fitness Announces Chief Brand Officer
Planet Fitness, Inc. promoted Jamie Medeiros, vice president of national marketing, to chief brand officer.
The Athlete’s Foot Announces Joe Delphry’s Seven Store Franchise Transition After 23 Years
The Athlete’s Foot announced that Joe Delphry, a TAF franchise owner since 1999, will be transitioning his seven stores to The Dahir Group, with whom he has shared a long-time friendship.
Tentree Launches Rehoming Program For Worn Tentree Apparel
Tentree launched its Circularity by Tentree program, allowing customers to resell or recycle their used Tentree clothing through partner programs with Treet and SuperCircle. The program’s goal is for Tentree clothing to stay out of landfills and in circulation either as Tentree products or as new, upcycled clothing. Customers request a free shipping label and send […]

Planet Fitness Sees Q2 Same-Store Sales Jump 13.6 Percent
Planet Fitness, Inc. reported earnings bounced back in the second quarter ended June 30 as system-wide same-store sales increased 13.6 percent.
Topgolf Readies Knoxville Opening
Topgolf Entertainment Group will open its 79th global venue in Knoxville, TN, on August 12.

Imports Slowing In Second Half, But 2022 Should See Gain Over 2021
After a record-setting spring, imports are expected to slow down at major U.S. container ports for the remainder of the year, but there will be a net gain over 2021, according to the Monthly Global Port Tracker Report* released by the National Retail Federation and Hackett Associates.
Nautilus Elects Board Chair
Nautilus Inc. announced that current board member Anne Saunders was elected as board chair, effective August 2. The board confirmed the Saunders appointment after its Annual Shareholders meeting last Tuesday.
Mayfly Outdoors Names CEO And President
Mayfly Outdoors, best known for its fly fishing brands Abel, Ross Reels and Airflo, hired Jeff Wagner as CEO and president.
Chattanooga Shooting Supplies Increases Sales Staff
Chattanooga Shooting Supplies increased its sales department with the hiring of Brenda Bohot, Chandler Gillis, Daniel Disney, Misti Moore, and Scott Patrick.
American Outdoor Brands Appoints Independent Director
Bradley T. Favreau was appointed an independent director to American Outdoor Brand, Inc.’s Board of Directors immediately, with his term expiring at the Company’s 2023 Annual Meeting of Stockholders.

Allbirds Slashes Guidance For Year On Softening Consumer Spending
Allbirds reported sales and earnings exceeded guidance in the second quarte,r but the footwear maker reduced its guidance for the year due to weakened consumer trends in the U.S. It also announced a series of Simplification Initiatives focused on automating and expanding its supply chain and streamlining its operating structure.

Fieldsheer To Use King’s Camo Patterns In Temperature-Controlled Apparel
Fieldsheer, a technology company that manufactures temperature-controlled apparel, entered into a partnership with King’s Camo, a designer and manufacturer of terrain-specific camouflage apparel and accessories. Pursuant to the deal, Fieldsheer will use King’s Camo patterns in its Mobile Warming line (Fall 2023) and Cooling lines (Spring 2023) later in Fall 2023. Fieldsheer will debut with […]