Dick’s Sporting Goods will be open four new Dick’s Sporting Goods stores in May. The stores are in Aurora, CO (grand opening ceremonies are May 19-20), West Long Branch, NJ (May 25-27), Gurnee, IL (May 25-27), and McAllen, TX (May 25-27).
Category: Outdoor
Bogs Sales Slip 2 Percent In Q1
Weyco Group Inc. reported sales at Bogs were down 2 percent in the first quarter. Companywide sales were up 1 percent.
Pure Fishing Hits The Selling Bock
Pure Fishing, the parent company of well-known fishing brands Berkley, Abu Garcia, Penn, Fenwick, Sterns, Mitchell, Pflueger, Shakespeare, Ugly Stik Spiderwire, among others, has joined Rawlings on the list of businesses Newell Brands is looking to divest.
Aisle Talk Week of April 30
Top headlines from the active lifestyle industry you may have missed this week, including Nike Inc. CEO Mark Parker (pictured) holding a rare company-wide staff meeting at Nike headquarters to apologize for recent incidents at the company.
Vans ‘Nothing Short Of Outstanding’ in Q1
Vans delivered another record quarter for VF Corp., which rode the footwear brand and the rest of its portfolio to an outstanding first quarter. VF reported earnings of $252.8 million, or 65 cents per share, for the quarter ended March 31, up 20.9 percent from the same quarter a year ago.
Johnson Outdoors’ Fishing Momentum Offsets Watercraft/Camping Doldrums In Q2
On a conference call with analysts, Helen Johnson-Leipold, chairman and CEO, said both Minn Kota and Humminbird in the Fishing segment are being boosted by successful innovations. Growth in the Watercraft and Camping segments, on the other hand, is being restrained by retail bankruptcies and overall consolidation over the last 18 months.
Tenkara USA Names Patrick Stratton CEO
Fly-fishing equipment company Tenkara USA has named industry veteran Patrick Stratton CEO. He will join Daniel Galhardo on the senior management team.
GoPro Ramps Up Marketing Spend
First-quarter success in international markets without the benefit of sustained marketing support has GoPro Inc. bullish on sales prospects in those regions, and really everywhere the company’s products are sold.
April Retail Jobs Up 3,700 From March
Retail industry employment increased by 3,700 jobs seasonally adjusted in April over March and 48,900 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Newell Brands To Divest Pure Fishing
Newell Brands announced the expansion of its Accelerated Transformation Plan, adding Jostens and Pure Fishing to the list of potential divestitures previously announced.
Dorel Sports’ Revenues Slide In Q1
Dorel Industries reported revenues its Dorel Sports segment declined 3.5 percent. Excluding the impact of foreign exchange rates, organic revenue decreased by approximately 6.2 percent.
Johnson Outdoors Q2 Earnings Jump 55 Percent
Johnson Outdoors Inc. reported double-digit increases in sales and earnings driving record-high results during the company’s 2018 second fiscal quarter and first fiscal six months ending March 30, 2018.
VF’s March Quarter Highlighted By Vans’ Explosive Growth
VF reported earnings for the transition quarter ended March 31 rose 20.9 percent on a 21.7 percent revenue gain. Excluding the Williamson-Dickie acquisition, revenues increased 12 percent (up 8 percent currency neutral).
REI To Donate Up To $1 Million To National Forest Foundation
As part of a multi-year partnership with the National Forest Foundation (NFF), REI will donate up to $1 million to the nonprofit in 2018. Funds will support 11 projects that steward the country’s National Forests and Grasslands and restore access in areas damaged by natural disasters like wildfires and hurricanes.
GoPro Beats Q1 Earnings, Revenue Estimates
GoPro reported a loss of $76.3 million, or 55 cents a share, in the first quarter, but after adjustments, a loss of 34 cents per share beat Wall Street estimates of a loss of 36 cents per share. The company’s Q1 sales of $202.3 million beat the expected $182.2 million.
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