Vail Resorts, Inc. updated its guidance range for the nine-month period ending April 30, 2021. The company now expects net income attributable to Vail Resorts, Inc. to be between $258 million and $280 million and Resort Reported EBITDA to be between $636 million and $650 million.
Category: Outdoor
Maven Outdoor Equipment Co. To Build New HQ In Lander, WY
Maven Outdoor Equipment Company has entered into an agreement with the City of Lander and the Lander Economic Development Association (LEDA) to build a new headquarters near the gateway entrance of Lander, WY.
Thule’s Q1 Sales Jump 56 Percent
Thule Group reported revenues jumped 56.0 percent in the first quarter. Sales in the Americas region rose 83 percent on a currency-neutral basis.
National Park Visits Climb 37 Percent In March
According to the monthly report from the National Parks Service, visits to national parks totaled 20.6 million in March, up 37 percent from 15.1 million in March 2020 as the pandemic emerged.
2020 National Park Visits Down By Nearly A Third
The National Park Service reported that America’s national parks saw 237 million visitors in 2020, representing a 28 percent decrease from the previous year due largely to temporary park closures and restrictions implemented in response to the coronavirus pandemic.
The North Face Announces Environmental Commitments
In honor of Earth Day, The North Face is introducing a new sustainability-focused “vision” it calls “Exploration Without Compromise,” which outlines a series of actionable commitments the company will implement over the next few years. The North Face plans to use a seal to identify its sustainable products which it defines as having been made with “75 percent or greater recycled, organic, regenerative and/or responsibly-sourced renewable materials by weight” on its website and in its stores.
RECALL: Brompton Electric Bicycles
About 600 Brompton Electric Folding Bicycles are being recalled. Due to a software malfunction, the electric system can continue to provide assistance to the motor, causing continued forward momentum, when the rider is not actively pedalling, posing fall and injury hazard
VF Corp Appoints CFO
VF Corp. announced that it has appointed Matt Puckett to the position of executive vice president and chief financial officer. He was formerly VF’s VP, global financial planning & analysis.
U.S. Consumers Struggling To ‘Go Green’
A new Oracle Utilities survey shows that U.S. consumers are eager to ‘go green,’ but don’t necessarily know where to start. Nearly half (45 percent) of respondents said fighting climate change is personally important, but 39 percent of respondents surveyed have never even heard the word ‘decarbonization’ and 67 percent have no, or only a vague, idea where their carbon dioxide (CO2) emissions come from.
Helly Hansen CEO Paul Stoneham To Step Down
Paul Stoneham is to step down as CEO of Helly Hansen after six years at the helm of the technical outdoor brand. He will remain in his role until a new CEO is appointed and a handover period has occurred.
The National Forest Foundation Appoints New Chairman
The National Forest Foundation (NFF) appointed Rob Leary as its new Chair of the Board, effective April 10.
Blackbird Products Announces New Team Additions
Blackbird Products Group, LLC, doing business as Mammoth Coolers, welcomed David McHan as VP of product development and sourcing, and Cody McHan as digital media specialist.
LEKI Owner, Waltraud Lenhart, Passes Away
Waltraud Lenhart, owner and managing partner of LEKI, unexpectedly passed away after a short and serious illness. She was 64 years young.
Amer Sports’ Debt Ratings Outlook Raised On Potential Recovery
Moody’s Investors Service changed to stable from negative the outlook on the debt ratings of Amer Sports Holding on its expectations that sales and earnings will recover this year after both declined in 2020 due to the pandemic.
Oberalp North America Announces Promotions From Within The Organization
Oberalp North America has promoted from within for key management roles.
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