Outdoor Trade

Vail Resort’s Strong Recovery In Fiscal 2023

Vail Resorts, Inc. reported results for its fourth quarter and fiscal year ended July 31 outperformed results from the prior year primarily due to the impact of COVID-19 and related limitations and restrictions on results for the previous year. Season-to-date season pass sales are ahead 7 percent, and the company provided a favorable outlook for its current fiscal yea (Read More)

VF Corp. Introduces Fiscal Year 2027 Long-Term Strategic Plan

VF Corp. Introduces Fiscal Year 2027 Long-Term Strategic Plan

At its 2022 Investor Day in Denver, CO, VF Corp. will introduce its fiscal year 2027 (FY27) long-term strategic growth plan that calls for sales to climb mid- to high-single-digit percent in constant dollars on average over the next five years with faster earnings growth. VF also downwardly revised its FY23 outlook due partly to lower-than-expected current quarter results. (Read More)

Samsonite’s Debt Ratings Upgraded By S&P

S&P Global Ratings upgraded the debt ratings of Samsonite International S.A. to 'BB-' from 'B+' as the luggage company's sales recovered through the first half of fiscal 2022, and modest continued global travel upside is expected to improve performance through 2023. (Read More)

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