Amer Sports reported operating earnings before charges rose 14 percent in the first quarter as higher gross margins and robust profitability gains in its Outdoor segment helped offset currency headwinds.
Author: sportsoneauthor
Commission On College Basketball Urges Sweeping Reforms By NCAA
The Commission on College Basketball, chaired by former Secretary of State Condoleezza Rice, unveiled a wide range of recommendations to overhaul college basketball, including ending the one-and-done rule, potential lifetime bans for rule-breakers, and changes to the relationship between the NCAA and apparel companies.
Brunswick Corp.’s Q1 Profits Climb 12 Percent
Brunswick Corp. reported a 12 percent gain in earnings in the first quarter on a 7 percent revenue lift. Sales grew 9 percent in the Marine Segment, 7 percent in the Boat segment and 4 percent in the Fitness segment.
Academy Sports Opens Store In Rolla, MO
Academy Sports + Outdoors opened the company’s first store in Rolla, MO.
Osprey Appoints Bike Sales Manager
Osprey Packs announced the hiring of Jack Gresmer as bike sales manager.
Running Participation Declines Expected To Level Off
With race participation slipping in recent years, a big American win and the gnarly conditions at the Boston Marathon shined a much-needed spotlight on the sport of running. Yet race organizers and running industry execs still believe a renewed focus on delivering unique experiences will be necessary to again drive up race finishers.
Genesco Adds Two Independent Board Directors
Genesco Inc., the parent of Journeys and Lids, announced that the company has entered into an agreement with an activist shareholder group that to will result in the company adding two independent board directors.
Dick’s Partners With GameChanger, NFHS On Pitch Count App
Dick’s Sporting Goods has announced a three-year technology partnership between GameChanger, the digital scorekeeping and management app for baseball and softball teams, and the National Federation of State High School Associations, the national leadership organization for high school sports and activity programs.
10 DAYS. 4 RUNS. — JOIN THE CHALLENGE!
Lace Up Your Shoes For The Saucony x Fleet Feet Running Club Challenge
Shimano’s Q1 Boosted By Fishing Momentum, Cost Controls
Shimano’s earnings showed some recovery in the first quarter with the help of strong expense controls, a profit uptick in the company’s Fishing Tackle segment and a modest earnings gain in Bicycle Components.
Under Armour Signs Northeastern University
Under Armour Inc. will become the official outfitter of the Northeastern University Huskies beginning with the 2018-19 academic year.
Li-Ning’s Comps Climb Double-Digits In Q1
Li-Ning reported same-store-sales registered a low-teens increase on a year-on-year basis in the first quarter ended March 31.
Unifi’s Q3 Earnings Tumble
Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges. The maker of synthetic and recycled performance fibers now expects operating earnings for its fiscal year to be “well below” year-ago levels.
PGA Tour Superstore To Offer Free Lessons For National Golf Day
PGA Tour Superstore will offer two, free 60-minute golf clinics at all of the company’s stores in celebration of National Golf Day, Wednesday, April 25th.
Gander Outdoors To Open In Greensburg And Saginaw
Gander Outdoors, formerly known as Gander Mountain, set grand opening events for new stores in Greensburg, PA and Saginaw, MI.
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