Dick’s Sporting Goods Inc. in a regulatory filing Thursday raised its guidance for the full year and provided fourth-quarter earnings guidance that was well above Wall Street’s consensus target.
Category: Outdoor
Authentic Brands Group Withdraws IPO
Authentic Brands Group Inc., officially withdrew its plans for an initial public offering, according to a regulatory filing with the Securities & Exchange Commission. The cancellation of the IPO was expected given its move in November to sell significant equity stakes in the company to private equity firms CVC Capital Partners and HPS Investment Partners.
Helen of Troy Houseware’s Segment Sees 11 Percent Q3 Growth
Helen of Troy Limited reported sales in its Housewares segment, which includes Hydroflask and OXO, increased 10.7 percent in the third quarter ended November 30 to $246.1 million compared to $222.4 million a year ago.
Saris Appoints Senior Product Manager Of Bike Racks
Saris appointed Kevin Harris as senior product manager of bike racks. He previously worked at Thule.
2022 ICR Conference To Be Held Virtually
ICR announced that the 2022 ICR Conference will be held virtually due to the quicker than anticipated spread of the Omicron/Delta variants.
Outdoor Retailer Confirms January Show Still On, Masks Mandatory
In an open letter entitled “Looking forward to seeing you in Denver on January 26,” Outdoor Retailer show organizers said they have no current plans to cancel the Outdoor Retailer Snow Show 2022 amid a surge in COVID-19 outbreaks tied to the Omicron variant. Enhanced safety measures, including mandatory masks, are being implemented, said show organizers.
NRF: Widespread Shutdowns Unlikely Amid Omicron Surge
In a statement, National Retail Federation (NRF) Chief Economist Jack Kleinhenz said the COVID-19 Omicron variant brings uncertainty to the economy in 2022 and could contribute to inflation, but is unlikely to cause widespread shutdowns or slowdowns.
Big City Mountaineers Appoints Executive Director
Big City Mountaineers (BCM) welcomed David Taus as executive director of the organization.
RISE Armament Hires Senior Design Engineer
RISE Armament, a manufacturer and supplier of triggers, components and firearms, appointed Jacob Turnblom as a senior design engineer responsible for the creation of new products.
Silencer Shop Appoints Dealer Sales Manager
Silencer Shop announced the promotion of Justin Craven to lead its Dealer Sales division.
Alliance Consumer Group Acquires Halo
Alliance Consumer Group, a manufacturer and marketer of flashlights, work lights, knives, multi-tools, pest defense, personal warming devices, and other outdoor lifestyle related products under various brands, announced it has acquired substantially all the assets of the Halo operating unit from Zagg, Inc.
Beretta Temporarily Halts Participation In Large-Scale Indoor Events
Due to the rise in COVID-19 infections, the Beretta Holding Group companies located in the U.S. (Beretta U.S.A., Benelli U.S.A, Burris, and Steiner eOptics) announced the immediate suspension of employee participation in large-scale indoor gatherings.
Colton RV Acquires Pocono RV
Colton RV, a family-owned RV dealership serving Western New York, announced the acquisition of Pocono RV Sales and Service, adding brands including Entegra Coach and expanded inventory by Keystone, Dutchmen and Palomino in Pennsylvania.
Dorel Completes Sale Of Sports Segment To Pon Holdings
Dorel Industries, Inc. announced that it has completed the previously-announced sale of Dorel Sports, its bicycle segment, to Pon Holdings B.V., a Dutch mobility group, for US $810 million, representing approximately CAD $1.03 billion. Dorel Sports includes Cannondale, Schwinn, GT, Mongoose, Caloi, and IronHorse.
NSGA Announces 2022 Hall Of Fame Class
The National Sporting Goods Association (NSGA) announced Michael Gotfredson Sr., of Road Runner Sports, Wilson “Bill” Hunt of Champro and Bill Sorenson of American Sports Products Group as inductees to the organization’s Hall of Fame.
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