Weyco Group reported earnings rose 29 percent in the second quarter due to tax benefits. Sales grew 6 percent with Bogs gaining 4 percent.
Author: SGB Media
Active Ride Shop Giving Away $100,000 To Local High Schools
Active Ride Shop announced a commitment of $100,000 cash to Southern California high schools to help support school athletics.
Camping World’s Q2 Revenues Expand 13 Percent
Camping World reported sales grew 13.0 percent in the second quarter, helped by the launch of Gander RV Sales. Net earning declined in the period due to pre-opening expenses related to the Gander Outdoors store openings but adjusted pro forma net income increased 10.6 percent.
HanesBrands Recognized For Community-Building In Central America And The Caribbean
Forbes magazine has recognized HanesBrands, a socially responsible manufacturer and marketer of leading everyday basic apparel, as one of the most-admired companies in Central America and the Caribbean.
Delta Apparel Appoints New Board Member
Delta Apparel Inc. appointed Anita D. Britt to the company’s board of directors.
Delta Apparel Seeing Benefits From Vertical Manufacturing Model
Delta Apparel said the company’s vertical manufacturing model helped support robust revenue gains at FunTees, the company’s private label apparel business, to drove yet another quarter of earnings and revenue growth. Soffe was stung by declining military sales while Salt Life was down modestly due to poor early-spring weather in the company’s core Southeast market but its sales are re-accelerating in summer months.
Eagle Creek Hires Adams Outdoor Sales For Great Lakes Territory
Eagle Creek has announced a new partnership with Adams Outdoor Sales as representatives for the Great Lakes East territory, including MI, IN, OH and KY, effective immediately.
REI Invests Nearly $645,000 In National Scenic Trails In 2018
In celebration of 50 years of National Scenic Trails, REI Co-op is investing a total of $643,000 in 17 nonprofit organizations dedicated to stewarding and maintaining the country’s 11 National Scenic Trails. REI has supported these efforts for nearly two decades and since 2002 and has invested nearly $3 million in National Scenic Trails.
Crocs Q2 Exceeds Expectations, CFO To Resign
Crocs Inc. reported earnings jumped 68.0 percent in the second quarter on a 4.7 percent revenue gain, exceeding Wall Street’s targets. The footwear maker also announced that its Chief Financial Officer Carrie Teffner will resign next year.
Johnson Outdoors Posts Record Sales and Earnings
Johnson Outdoors reported double-digit growth in revenue and profits for the fiscal third quarter ended June 29. The outperformance continued to be led by the company’s Fishing brands, Minn Kota, Humminbird and Cannon, but the company’s Camping segment, led by Jetboil and Eureka!, returned to double-digit growth.
Columbia Sportswear Expands Stock Buybacks
Columbia Sportswear Company announced that the company’s board of directors has authorized the repurchase of up to an additional $200 million of company common stock in market or negotiated transactions.
Newell’s Outdoor Brands Impacted By Late Spring
Newell Brands said sales in the company’s outdoor & recreation division, which includes Coleman and Marmot, were impacted by the late spring. The sales process for Pure Fishing remains on track.
Columbia Appoints Chris Adamek To VP, Chief Of Staff For Columbia Brand
Columbia Sportswear has named Chris Adamek, who has been consulting with Columbia since January 2018, as the new vice president, chief of staff for the Columbia brand.
Clarus Raises Full-Year Outlook On Strong Q2
Clarus Corp. on Monday reported an adjusted net income increased to $2.6 million, or 9 cents per share, compared to an adjusted net loss of $3.4 million or (11) cents per share the same quarter a year ago, beating analysts’ consensus estimates by 9 cents.
Delta Apparel’s Q2 Earnings Improve
Delta Apparel reported a 9 percent gain in earnings on improving margins in the company’s basics segment and an 8 percent revenue gain.
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