Boot Barn Holdings, Inc. lifted its guidance for the year after reporting second-quarter results that came in well ahead of expectations. Same-store sales jumped 9.4 percent and net earnings advanced 37.3 percent.
Category: Outdoor
Black Diamond Parent Clarus Corp. Saw Weaker Q2 DTC Sales in NA and Europe
The parent of the Black Diamond, MaxTrax, Rhino-Rack, and RockyMounts brands reported that sales in the second quarter dipped year-over-year to $55.2 million, compared to $56.5 million in the 2024 second quarter.
Columbia Sportswear’s Q2 Results Top Expectations Despite U.S. Weakness
Columbia Sportswear’s sales in the U.S. slid 2 percent in the second quarter, but overall sales grew 6 percent with a boost from double-digit gains overseas and the loss in the quarter was lower than analysts expected. The outerwear giant also provided a “limited” outlook the year, projecting flattish revenues.
Trika Hires First VP of Sales to Lead Effort in Move to Wholesale Sales
David Bakken was most recently the VP of Aales at Ravin Crossbows, where he first joined as a sales manager in 2016. Previously, he was the National Accounts Manager at Feradyne Outdoors and held a similar role at Field Logic from 2013 to 2015.
Canada Goose Fiscal Q1 Revenues Climb 22 Percent on DTC Momentum
Canada Goose Holdings Inc. reported revenues jumped 22.4 percent in the fiscal first quarter ended June 29, boosted by a 23.8 percent gain in DTC sales. Wholesale sales grew 11.9 percent. The loss on an adjusted basis was slightly higher due to investments in opening new stores and marketing activities.
Camping World Q2 Results Beat on Top-Line Despite Lower ASPs; Earnings Miss by a Penny
Same-store unit growth trends for the July month-to-date period were tracking up high-teens percent on used vehicles and up high-single-digits on new vehicles compared to the prior year, both said to be in line on a multi-year basis with the second quarter performance.
Steve Madden’s Q2 Profits Dragged Down by TariffS
Steve Madden, Ltd. reported a steep drop in adjusted earnings in the second quarter, citing the impact of tariffs. Earnings and sales were also short of analyst expectations.
NSSRA Makes Board Changes
The National Ski & Snowboard Retailers Association named Stefan Hausberger of Zimmermanns Skis Boards & More (Nashua, NH) as the new NSSRA vice chair, following the retirement of Jon Morrill of Kittery Trading Post (Kittery, ME), who leaves the NSSRA Board of Directors after previously serving as vice chair.
EXEC: VF Corp. CEO Bullish on Return to Growth as TNF and Timberland Both Shine in Q1
On VF Corp.’s fiscal Q1 analyst call, CEO Bracken Darrell spent much of the time discussing VF’s progress on the goal of returning the company to growth, highlighted by sales expanding 5 percent at The North Face in the period and 9 percent growth at Timberland on a currency-neutral basis. Vans’ sales were down 14 percent due to channel rationalization efforts.
Study: Fishing Participation Leveling After Pandemic Boost
The study, conducted in collaboration with the Outdoor Foundation, also highlights ongoing challenges for the industry, including high participant churn and the strategic importance of engaging youth. Notably, 85 percent of current fishing participants began before the age of 12. However, retention drops sharply after age 18, with female youth exiting the activity at an 11 percent greater rate than their male counterparts.
Helle Knives Names Matt Huff as Board Chair
Longtime partner of A/S Helle, the Norwegian company also known as Helle Knives, has named Matthew Huff to its Board. Huff currently manages Helle’s International Sales and Business Development, including over 300 retail accounts in the U.S as director of International Sales.
Garmin Hikes Outlook on Double-Digit Q2 Growth Across Segments
Garmin, Ltd. raised its full-year guidance after reporting second-quarter results that came in well ahead of expectations. Revenues jumped 20 percent in the quarter, led by gains of 41 percent in the Fitness segment. Outdoor segment revenues grew 11 percent while Marine sales climbed 10 percent.
North Face Parent VF Tops Wall Street Fiscal Q1 Targets but Sales Flat on Continued Vans Weakness
The company’s fiscal first-quarter loss was smaller and sales were higher than company guidance and Wall Street expectations. Sales were flat, with strong gains at TNF and Timberland offsetting a 14 percent decline in Vans due to inventory rationalization. Excluding Vans, revenue rose 6 percent.
Garmin Ltd. Acquires Dutch Sports Timing Company MyLaps
With operations in North America, Europe, Asia, and Australia, MyLaps supports elite brands and race management companies worldwide with data-driven tech solutions for running, cycling, motorsports, and equine competitions.
Big 5 Sporting Goods Widens Q2 Loss as Comps Drop 6 Percent
Big 5 Sporting Goods Corp., which in late June agreed to be acquired by a partnership comprised of Worldwide Golf and Capitol Hill Group, more than doubled its loss in the second quarter ended June 29 as same-store sales slid 6.1 percent.
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