Retail sales were virtually unchanged from their strong performance a month before and grew dramatically year-over-year in April as the rapidly recovering U.S. economy marked a full year since the coronavirus pandemic shut down most stores during the spring of 2020, according to the National Retail Federation.
Category: Outdoor
Gregory Sales Show Slight Decline In Q1
Samsonite International reported net sales on a currency-neutral basis in the first quarter slid 3.6 percent for the Gregory brand and fell 29.8 percent for High Sierra.
Yeti’s Q1 Sales Expand 42 Percent
Yeti Holdings Inc. reported earnings increased three-fold in the first quarter ended April 3 as sales grew 42 percent. Both earnings and sales came in well above Wall Street targets.
Canada Goose’s Q4 Revenues Climb 34 Percent
Canada Goose Inc. reported sales in its fiscal fourth-quarter ended March 28 rose 33.7 percent and easily exceeded Wall Street estimates.
SportChek’s Comps Climb 19 Percent In First Quarter
Canadian Tire Corp. reported SportChek’s retail sales increased 10.0 percent in the first quarter and comparable sales were up 18.7 percent over the same period.
Outdoor Retailer To Require Masks At Summer Denver Show
Outdoor Retailer posted its “Health + Safety Plan” for the Outdoor Retailer Summer Show to be held this August in Denver, CO, which includes temperature checks and mandatory face masks.
La Sportiva Appoints Southeastern Sales Reps
La Sportiva announced that John and Brad Dorough, co-owners of Vertical Momentum Rep Agency, will represent La Sportiva NA in the Southeast effective immediately.
Boot Barn’s Q4 Comps Expand 26.9 Percent
Boot Barn Holdings Inc. reported earnings increased more than four-fold in the fourth quarter ended March 27 as same-store sales grew 27 percent.
Camping World Announces Proposed Refinancing
Camping World Holdings Inc. announced plans to refinance its senior secured credit facilities.
Under Armour’s Debt Ratings Outlook Upgraded
S&P Global Ratings raised its debt outlook for Under Armour Inc. to Stable From Negative. S&P said Under Armour’s strong first-quarter results “indicate its financial metrics are improving amid the coronavirus pandemic.”
Wolverine Worldwide Raises Full-Year Outlook On Strong First-Quarter Results
Wolverine World Wide Inc. lifted its annual guidance after reporting adjusted earnings grew 45 percent in the first quarter on a 16 percent sales gain. Merrell revenue grew nearly 25 percent, and Saucony revenue was up nearly 60 percent. Online sales surged 84 percent.
Backcountry Appoints VP Of Owned Brands
Backcountry welcomed former Nike executive Lynsey Lambert to lead strategy and growth as VP of owned brands. Lambert was most recently senior director brand merchandising, global footwear, Nike.
Lodging At Southeast Destinations Continues Recent Momentum
Once again, in contrast with destination lodging around the U.S., the Southeast region is barreling into the third month of the six-month summer season with exceptional performance when compared to last year’s pandemic season and well ahead of the summer of 2019, which posted records for occupancy and rates, according to DestiMetrics, a division of Inntopia.
Schoeller Textil Welcomes Two New Sales Directors For North America
Schoeller Textil AG announced that Megan Fulton and Jack McPheron have joined its North America team as sales directors, covering the Western U.S. and parts of Canada.
Sun Valley Company Appoints Vice President And General Manager
Sun Valley Company announced the appointment of Pete Sonntag as VP and GM of Sun Valley Resort, effective June 7, 2021, reporting to Bruce Fery, CEO, Grand America Hotels & Resorts.
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