HanesBrands Sales Expand 7 Percent In First Quarter

HanesBrands, Inc. reported net sales in the first quarter increased 7 percent on a constant-currency basis with 6 percent growth for Champion on a global basis. U.S. Innerwear sales increased 1.5 percent over the prior year. Earnings and sales exceeded guidance and the company reaffirmed its guidance for the year.

Acushnet’s Q1 Revenues Gain 4 Percent

Acushnet Holdings Corp., the parent of Titleist and Footjoy, reported sales in the first quarter ended March 31 of $606.1 million, up 4.3  percent year over year and ahead 7.6  percent in constant currency. First-quarter net income reached $81.0 million, down 4.7  percent year over year.

Vista Outdoor’s Q4 Profits Double On 36 Percent Revenue Gain

Vista Outdoor reported earnings on an adjusted basis doubled in the fiscal fourth quarter ended March 31 as sales grew 36 percent. Sales grew 56 percent in the Sporting Products segment due to strong demand, increased volume from the Remington acquisition and favorable pricing and mix. Outdoor Products segment sales grew 15 percent, by double-digit growth across Outdoor Recreation.

Vista To Split Into Separate Outdoor And Sporting Companies

Vista Outdoor, Inc. announced that its Board of Directors has unanimously approved a plan to separate its Outdoor Products and Sporting Products segments into two independent, publicly-traded companies. Following separation, Chris Metz will be appointed CEO of Outdoor Products while Jason Vanderbrink will be appointed CEO of Sporting Products.

Carhartt Opens First Retail Store In Nashville

Carhartt has opened a retail storefront located at 5019 Broadway Place, Space A-1075 in Nashville, TN. The 4,000-square-foot space features Carhartt-branded products for men, women and kids, including footwear and accessories.

Outerstuff’s Debt Ratings Outlook Lowered

Moody’s Investors Service changed Outerstuff LLC’s outlook to negative from positive. Concurrently, Moody’s affirmed the company’s Caa2 corporate family rating (CFR), Caa2-PD probability of default rating (PDR) and Caa3 senior secured term loan rating.

Camping World’s Q1 Sales Climb 7 Percent

Camping World Holdings, Inc. reported earnings were down in the first quarter ended March 31 but represented the second strongest first-quarter earnings in the company’s history. Sales grew 6.7 percent.

Big 5’s Q1 Profits Top Guidance

Big 5 Sporting Goods Corp. reported same-store sales were down 11.4 percent for the first quarter ended April 3 and flat compared to the pre-pandemic first quarter of fiscal 2019. Earnings were also down against year-ago record results but exceeded guidance.