Columbia Sportswear Company saw fourth quarter net sales grow 4 percent, or 8 percent on a constant-currency basis, to $1.17 billion from $1.13 billion for the comparable period in 2021. Net income decreased 20 percent to $125.7 million, or $2.02 per diluted share. (Read More)
Hoka’s sales catapulted 90.8 percent in the fiscal third quarter ended December 31, helping Deckers Brands surpass Wall Street estimates and lift its guidance for the year. On an analysts' call, Dave Powers, Deckers’ CEO, said Hoka “more than doubled its DTC business, while demonstrating momentum across the product line and significantly increased wholesale through both market share gains and select new strategic access points.” (Read More)
Skechers USA reported sales and earnings topped guidance in the fourth quarter despite supply chain disruption that restricted inventory flow and softness in China. (Read More)
In one of the first casualties of the rise and fall of the outdoor space over the pandemic, Vista Outdoor, Inc.'s Chris Metz, on Thursday, was ousted as CEO due to the "board's loss of confidence in his leadership." (Read More)
Fanatics is moving into Livestream shopping centered around collectibles and trading cards through a new venture—Fanatics Live. Nick Bell, the former Snap and Alphabet (Google) executive will lead the division. (Read More)
