Fox Factory Holding Corp. reported adjusted earnings rose 17.3 percent in the fourth quarter on a 30.5 percent revenue gain. This increase reflects a 46.7 percent increase in Specialty Sports Group sales and a 18.6 percent increase in Powered Vehicles Group sales.
Category: Outdoor
British Cycling Brand Parcours Appoints Marketing Manager
British cycling brand Parcours appointed Amy Marks as marketing manager.
CODI Delivers Fourth Straight Quarter Of Record Results
Compass Diversified (CODI) reported earnings nearly tripled in the fourth quarter as sales grew 27 percent. Said Elias Sabo, CODI’s CEO, “Our consumer business again delivered solid results, driven by continued strong performance at our most recent acquisitions, and our niche industrial business experienced increased demand for their products during the fourth quarter.”
Daiwa Appoints National Sales Manager
Daiwa Corporation announced it promoted National Accounts Manager Gerad Cawhorn to national sales manager.
Elevate Outdoor Collective Hires Global Vice President Design/Creative Director
Elevate Outdoor Collective announced it had hired Peter Stolz as global vice president design/creative director.
Emerald Holding Shrinks Loss In Fourth Quarter And Year
Emerald Holding, Inc. reported a smaller loss in the fourth quarter and saw sales more than double as the company benefited from the return of trade show events.
Sturm, Ruger Shows Slight Decline In Q4 Sales
Sturm, Ruger & Company, Inc. reported sales eased 0.8 percent in the fourth quarter while gaining 28.4 percent in the year.
Play It Again Sports Parent’s Profits Improve In Year
Winmark Corp., the parent of Play It Again Sports, announced net income for the year ended December 25, 2021 of $39.9 million, or $10.48 per share, compared to net income of $29.8 million, or $7.72, in 2020.
Sportsman’s Warehouse Appoints VP Supply Chain/Omnichannel Operations
Sportsman’s Warehouse Holdings, Inc. announced the appointment of Tom Clement as vice president, supply chain/omnichannel operations. In this newly created role, Clement will lead the distribution, transportation, planning/allocation, and omnichannel operations for Sportsman’s Warehouse.
Camping World’s Q4 Sales Expand 24 Percent
Profits at Camping World Holdings Inc. rose 47 percent in the fourth quarter ended December 31 on a 22 percent revenue gain.
Wolverine Worldwide’s Sales Jump 25 Percent In Fourth Quarter
Wolverine Worldwide reported adjusted earnings in the fourth quarter nearly doubled as sales grew 25 percent. Results were slightly ahead of Wall Street targets. Sales grew 35 percent for 2021 and are expected to expand in the range of 15 to 18 percent in the current year.
Primary Arms Optics Appoints U.S. Field Sales Manager
Primary Arms Optics has announced the promotion of Jeff Scheider to the role of U.S. field sales manager.
Prestacycle Appoints VP Of Marketing
Prestacycle, the bicycle tools and components brand announced that Brandon Hirokawa is its new director of marketing and strategic development.
Camping World Announces 25 Percent Regular Dividend Increase
Camping World Holdings, Inc. announced that its Board of Directors has increased the company’s quarterly dividend by 25 percent.
Camping World Collaborates With Eddie Bauer
Camping World Holdings, Inc. announced a partnership with Authentic Brands Group (ABG) to launch a line of towable and motorized RVs under the Eddie Bauer name, as well as expand Eddie Bauer assortments across its store base and online.
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