In its second Outdoor Retailer show, Denver delivered steady traffic, busy booths and plenty of energy at Outdoor Retailer Summer Market, according to interviews with a number of exhibitors and a few retailers. A change of scenery after 20 years in Salt Lake City is also clearly being welcomed by many attendees, but the upbeat moods appear to underscore a healthier industry.
Category: Outdoor
GoPro Weathering Global Component Shortage
A global shortage of the passive components that GoPro Inc. integrates into the company’s action cameras has created a significant supply chain challenge, yet the company remains confident in being able to weather the disruption and meet increased product demand beginning in the first quarter of 2019.
Aisle Talk Week of July 30
Top headlines from the active lifestyle industry you may have missed this week, including Shimano releasing the company’s earnings for the first half of 2018.
Shimano’s Sales Up 7.1 Percent In First Half
Shimano Inc. reported sales increased 7.1 percent in the first half ended June 30 to ¥174.7 billion. Operating earnings grew 11.9 percent to ¥34.5 billion while net income increased 48 percent to ¥27.7 billion.
July Retail Jobs Increase 66,000 Over 2017
Retail industry employment in July increased by 66,000 jobs unadjusted over the same time last year showing on-going industry growth, the National Retail Federation said Friday.
SIA, WWSRA Announce Dates For 2019 On-Snow Demo
Snowsports Industries America (SIA),the non-profit trade association for the winter sports industry, and Western Winter Sports Representatives Association (WWSRA) have announce the new dates of the 2019 SIA/WWSRA On-Snow demo. The event will take place February 4-5, 2019, at Copper Mountain, CO.
Dorel Sports’ Revenues Climb 7.4 Percent In Q2
Dorel Industries Inc. reported sales in the company’s Dorel Sports segment increased 7.4 percent, to U.S. $224.5 million and 6.5 percent on a currency-neutral basis. Results were better than internal expectations.
Filson To Open Store In Boston
Filson will open the company’s first store in Boston in the Seaport District. The new 3,177-square-foot store at 52 Seaport Blvd. will open on August 16.
OluKai Partners With Inaugural REI Outessafest
OluKai announced the company’s continued partnership of the REI Outessafest, two one-day immersive festivals designed to inspire women and connect them with the outdoors, adventure and music.
Thorlo Reinforces Brand Guarantee
Thorlo will place “Guaranteed for Your Lifetime” on the company’s packaging, effective September 1.
Pro Surfer Conner Coffin Joins Skullcandy
Skullcandy said pro surfer and musician Conner Coffin has been inducted to their ambassador program.
GoPro Sells 30 Millionth Camera, Tops Estimates In Q2
GoPro Inc. reported a loss of $20.8 million, or 15 cents per share, for the second quarter ended June 30, compared to a loss of $12.9 million, or 9 cents per share, in the same period a year ago. The net loss beat Wall Street estimates by 7 cents.
Unifi Seeing Some Benefits From Pricing Adjustments
Unifi Inc.’s adjusted earnings declined in the fourth quarter ended June 24 due to spiking crude oil prices. But the recycled fiber specialist saw healthy top-line growth and gross profit and operating income for the fourth quarter improved compared to the third quarter with the help of pricing adjustments.
Unifi Elects Board Member
Unifi Inc. announced the election of Eva Zlotnicka to the Board of Directors.
Fox Factory Raises Fiscal Guidance After Solid Q2
Fox Factory Holding Corp. on Thursday reported adjusted net income of $21.9 million, or earnings of 56 cents per diluted share, compared to $15 million, or 39 cents earnings per diluted share in the same period last fiscal year. The company reported that sales increased 29.8 percent to $156.8 million from $120.8 million in the same period last fiscal year
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