Outdoor Product

Moody’s Affirms Newell Brands’ Debt Ratings

Moody's Investors Service affirmed Newell Brands Inc.'s debt ratings. The affirmation reflects Newell's large scale and good operating performance arising from sustained organic growth and sound operating profit margins, even during the current inflationary period. (Read More)

Target’s Q2 EPS Misses Wall Street Targets

Target’s Q2 EPS Misses Wall Street Targets

Target Corp. reported a steep decline in earnings due to planned markdowns to support the chain's inventory reduction efforts. Total sales grew 3.3 percent due to steady traffic growth on top of unprecedented increases over the last two years. The discounter maintained its guidance for the year. (Read More)

Signa Sports Sales Climb 29 Percent In Q3

Signa Sports Sales Climb 29 Percent In Q3

Signa Sports United N.V. (SSU) reported sales in its third quarter ended June 30 grew 29 percent, boosted by the full contribution of recently acquired businesses WiggleCRC and Tennis Express. The Berlin-based online platform reduced its guidance for the year due to continued supply chain challenges and weaker consumer spending. (Read More)

On Lifts Guidance On North America Momentum

On Lifts Guidance On North America Momentum

Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent. (Read More)

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