According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail spending, excluding automotive, increased 11.2 percent year-over-year in July, while retail sales, excluding automotive and gas, rose 9.0 percent.
Author: SGB Media
Escalade’s Q2 Revenues Decline 5 Percent
Escalade reported sales declined 5.4 percent in the second quarter due to lower demand within the fitness and outdoor categories, including archery and water sports.
Altra Debuts First Shoe Featuring BOA Fit System
Altra launched the Mont Blanc BOA trail runner, the first Altra shoe to feature a BOA Fit System. The shoe is for technical trail runners that capitalize on the brand’s technologies—engineered with Altra’s Balanced Cushioning platform, foot shape toe box, Altra’s Ego Max midsole foam, BOA Fit System, and Vibram LiteBase outsole—resulting in a micro-adjustable, […]
Johnson Outdoors’ Q3 Sales Slide 5 Percent
Johnson Outdoors Inc. reported net profits fell 49 percent in the third fiscal quarter ending July 1. Sales declined 5 percent due to a 12 percent drop in fishing segment sales. Sales grew 32 percent in camping, 10 percent in watercraft recreation and 7 percent in diving.
Bonk Breaker Welcomes Olympian And Ironman Athlete, Sarah True To Pro Team
Bonk Breaker, the manufacturer of nutrition and energy bars favored by elite athletes and pro sports teams, added former Olympian and winner of the Ironman Lake Placid Sarah True to its pro athlete team. True is competing in this year’s Ironman World Championship in Kona in October. “We found a lot of common values with […]
GoPro Sees Flat Revenue Growth In Second Quarter
GoPro, Inc. announced sales that were essentially flat year-over-year in the second quarter ended June 30 but saw strong subscriber growth and said earnings topped expectations.
Delta Apparel’s Q3 Sales Boosted By Salt Life
Delta Apparel, Inc. reported sales grew 7 percent in its fiscal 2022 third quarter ended July 2, 2022. Net sales in the Delta Group segment grew 3 percent while the Salt Life segment gained 30 percent.
Fox Factory Increases Full-Year Revenue Outlook On Above-Plan Second Quarter
Fox Factory Holding Corp. reported earnings and sales came in ahead of company guidance and the company raised its sales outlook for the year. Sales in the second quarter rose 23.9 percent with a 28.1 percent increase in its Specialty Sports Group segment and a 20.9 percent increase in Powered Vehicles Group sales.
Callaway Golf Lifts Outlook On Robust Double-Digit Q2 Growth
Callaway Golf Company raised its outlook for earnings and sales for the year after reporting second-quarter earnings that topped Wall Street estimates. Sales in the second quarter jumped 22.1 percent, led by Topgolf and its Active Lifestyle segment TravisMathew and Jack Wolfskin.
Gildan Activewear Crushes Analyst Expectations In Second Quarter
Gildan Activewear Inc. reported sales grew 20 percent in the second quarter as activewear sales growth of 27 percent offset an 8 percent decline in underwear and hosiery. Both sales and earnings easily eclipsed Wall Street’s consensus estimates.
Acushnet Raises 2022 Sales Outlook On Robust Second Quarter
Acushnet Holdings Corp. reported second-quarter sales and earnings both easily surpassed Wall Street estimates. The parent of Titleist and Footjoy raised its outlook for sales for the full year while maintaining its profit guidance. David Maher, CEO, said, “The company continues to build momentum.”
Fila Athletes To Debut Deuce Court And Heritage Collections
Fila-sponsored tennis players will debut two new collections timed with the 2022 summer hardcourt swing—the Deuce Court Collection and the latest edition of the brand’s Heritage Collection. Deuce Court Collection Karolina Pliskova, Barbora Krejcikova, Ekaterina Alexandrova, and Diego Schwartzman will wear the Deuce Court collection at the Western & Southern Open final Grand Slam. The collection […]
Yeti Lowers 2022 Outlook On Weakening Consumer Trends
Yeti Holdings, Inc. reported sales grew 17 percent in the second quarter but both sales and earnings were slightly below Wall Street’s consensus estimates. Yeti also slashed its earnings guidance and lowered its sales guidance for the year due to “macroeconomic conditions and the state of the consumer.”
Crocs’ Q2 Tops Guidance
Crocs, Inc. reported sales and earnings came in above guidance in the second quarter ended June 30 as Crocs brand sales grew 19.4 percent on a constant-currency basis. The footwear maker still slightly lowered its sales and earnings guidance for the year.
Keen Launches Circadia Hiking Boot
Keen, the maker of hybrid footwear, launched the Circadia, which delivers the core features of the brand’s Targhee hiking boot at a more accessible price point. The Circadia includes Keen.Fusion technology, a simplified pattern design and computer stitching. Consciously created features include: LWG-certified leather, PFAS-free water repellency, cement-free midsole/outsole fusion, and pesticide-free Eco Anti-Odor. Circadia […]
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