Revenue growth in the towables portion of Winnebago Industries Inc.’s portfolio plus the boost from the recent Chris-Craft acquisition helped the company cruise past Wall Street’s earnings per share and revenue targets. The Forest City, IA-based recreational vehicle company reported net earnings increased 23.4 percent in the first quarter ended November 24 on a 9.7 percent climb in revenues.
Category: Outdoor
REI Co-op To Open First Experience Center In New Hampshire In Fall 2019
REI Co-op is opening its first location in New Hampshire. In addition to being the first store in-state, the nearly 25,000 square-foot space at Settlers Crossing will also be the co-op’s first-ever outdoor experience center.
Gear.com Launches “Lego Skier Bro” Marketing Campaign
Gear.com, a key player in the specialty outdoor retail market, on Thursday unveiled a marketing campaign around an “official partnership” with Lego Skier Bro, Aspen’s best, smallest skier.
Bookings Increase At Western Mountain Resorts
According to DestiMetrics monthly Market Briefing released Wednesday by Inntopia, as of November 30, aggregated bookings made during the month of November for arrivals from November through April are up 12.8 percent compared to the same time last year.
Oakley Becomes A UCI Mountain Bike Official Partner
The Union Cycliste Internationale (UCI) and Oakley announced a two-year partnership starting in 2019.
Congress Fails To Reauthorize LWCF, Advance Lands Package
Last night, the 115th Congress moved closer to adjourning after failing to advance a wide-ranging and noncontroversial public lands package that had been under careful development by lawmakers for years, according to a statement from the Theodore Roosevelt Conservation.
Newell Brands Appoints WPP As Communications Partner Globally
Newell Brands has selected WPP as its communications partner for its portfolio of brands globally following a review of some of its agency relationships.
Amer Sports Buyout Begins Thursday
The consortium led by China’s Anta Sports seeking to acquire Amer Sports on December 20 commenced the voluntary recommended public cash tender offer for all the issued and outstanding shares in Amer Sports Corp
Revo Sunglasses Makes Exec Hires
Revo Sunglasses added Gabor Kereszturi as managing director, Europe and Linda Laube to the newly created role of senior vice president, business development.
Batteries Plus Bulbs Appoints Former Cabela’s Exec As CEO
Batteries Plus Bulbs, the nation’s only battery, light bulb, and phone repair franchise, has named Scott Williams, former Cabela’s president, as its new chief executive officer effective January 2. Williams was president of Cabela’s from February 2016 until October 2017 prior to Cabela’s sale to Bass Pro.
Great Trango Holdings Announces New Hires
Great Trango Holdings Inc. has announced the addition of three new team members to continue the growth of the Trango family of brands. Keith Patterson joins the Trango team as sales director, Toni Leskala as product manager and Everett Russell as marketing manager.
Peak Resorts Reports Record Season Pass Sales
Peak Resorts Inc. on Wednesday reported record season pass sales for the 2018/2019 ski season through December 17, 2018. Company-wide season pass sales are up by approximately 36 percent on a unit basis and by approximately 38 percent on a revenue basis, compared with the prior year.
Winnebago Industries’ Q1 Profits Advance
Winnebago Industries reported net earnings increased 23.4 percent in the first quarter ended November 24 on a 9.7 percent climb in revenues.
Vista Outdoor Names Michael Robinson To Board Of Directors
Vista Outdoor Inc. announced that it has named Michael Robinson to its board of directors. Robinson was the chief digital officer and head of customer experience at Macy’s and Macy’s.com,
Jessica Wahl Named Executive Director of Outdoor Recreation Roundtable
The Outdoor Recreation Roundtable (ORR) Board of Directors on Wednesday announced the appointment of Jessica Wahl as executive director following an extensive national search. Wahl brings a decade of experience navigating the halls of The White House, Department of the Interior (DOI), Capitol Hill, state recreation offices and outdoor lifestyle businesses.
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