Unifi Inc. appointed Richard E. Gerstein as executive vice president, global branded Premium Value Added (PVA) products and chief marketing officer, and John Vegas as executive vice president, global chief human resources officer, effective August 14 and 21, respectively.
Category: Outdoor

GoPro’s Stock Surges On Upbeat Quarter
GoPro reported second quarter results that came in well above internal guidance, forecast a smaller-than-expected loss for the third quarter, and indicated it was on track to launch the latest version of its flagship camera by the holiday season to all support its goal of returning to adjusted profitability in 2017.

Dick’s Sporting Goods To Open Five New Stores In Three States
The omni-channel sporting goods retailer will be opening two new Dick’s stores and three new Field & Stream stores in the first half of August.

Aisle Talk, Week Of July 31
Top headlines from the active lifestyle industry you may have missed this week.

Newell Brands’ Play Segment Impacted By Fishing Destocking
Solid growth on Beverages, Coolers and Team Sports was more than offset by a decline in Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of the Gander Mountain bankruptcy.
Dorel Sports Fights Off Top-Line Challenges With Improved Profitability
Dorel Sports, which owns Cannondale, Schwinn and Sugoi, again saw a sharp decline in revenues due to continued challenges in the cycling space and inclement weather, but underlying earnings improved on fatter margins.

Johnson Outdoors’s Q3 Earnings Soar On Fishing And Diving Momentum
Gains of 18.2 percent in Fishing and 16.7 percent in Diving offset declines in Johnson Outdoors’s Camping and Watercraft Recreation segment.

Fox Factory’s Q2 Revenues Climb 18 Percent
The increase reflected a 42.7 percent increase in sales of powered vehicle products and a 2.9 percent increase in sales of bike products.

Dorel Sports Sees 11.6 Percent Q2 Sales Drop
Part of the revenue shortfall in the second quarter resulted from weakness in consumer demand in the mass bike channel due particularly to the prolonged unfavorable North American weather.

Johnson Outdoors Posts Record-High Third Quarter Earnings
Johnson Outdoors Inc. reported double digit growth in sales and operating profit for the fiscal third quarter ending June 30, 2017.

Newell Brands’ Play Segment Sees Modest Q2 Decline
Pro forma core sales declined 1.2 percent as solid growth on Beverages, Coolers and Team Sports was more than offset by a decline on Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of a key retail customer bankruptcy.

Adidas Outdoor Named Title Footwear Sponsor For Audi Power Of Four Trail Run
The event is a premier endurance race series utilizing the scenic and challenging terrain of each of the four Aspen Snowmass mountains.

Scott Montgomery Becomes CEO Of Reynolds Cycling
Industry veteran Scott Montgomery has become the CEO of Reynolds Cycling of Sandy, UT.
GoPro’s Q2 Easily Tops Wall Street Targets
GoPro reported second quarter revenue was $297 million, up 34 percent year-over-year and 36 percent quarter-over-quarter.

How Did Salt Lake’s Last Outdoor Retailer Show Go?
While traffic appeared light, as expected, at last week’s Outdoor Retailer Summer Market, hearts were heavy given the show’s exit from Salt Lake City for the first time in 22 years.