GoPro Sees Shipments Shortfall In Q1

For the first time in several quarters, GoPro avoided a huge surprise disappointment for the investment community. The company reported a narrower than expected first quarter loss, double-digit top-line growth in the period, and provided second-quarter guidance that was better than Wall Street expected.

VF’s Q1 Boosted By Momentum Behind North Face And Vans

The North Face increased 4 percent in the Americas region, driven by low-teen growth in D2C that offset a low-single-digit decrease in wholesale due to doors lost to bankruptcies. Vans was up 6 percent in the Americas, while Timberland’s sales in the region were down 7 percent as the brand works to reduce its reliance on Classics.

Columbia Sportswear Trims Sales Guidance On Retail’s Closures

“The slight reduction in top-line expectations primarily reflects the incremental bankruptcies, liquidations and store closures that we’ve become aware of, as well as a more cautious posture adopted by our U.S. wholesale customers since February,” said CEO Tim Boyle on a conference call with analysts.

Hydro Flask’s Growth Momentum Continues In Q1

Julien Mininberg, CEO of Helen of Troy, on a conference call with analysts said Hydro Flask’s growth is being fueled by strong demand for the overall water bottle category, new products, more balanced distribution and strong online sales.

VF Corp. Q1 Earnings Dip

VF Corp. reported first-quarter earnings were down slightly due to a sales dip and currency headwinds but VF said results were in line with expectations and its growth platforms performed well. On currency-neutral basis, The North Face’s sales grew 8 percent in the quarter while Vans rose 6 percent.

West Marine Optimistic For Rest Of 2017, Despite Q1 Loss

Matt Hyde, president and CEO of West Marine said during a conference call that the company was satisfied with sales through the first part of March, but then the northeast experienced a series of snowstorms that negatively impacted the results of their Spring Super Sale. The company was forced to close 42 locations due to the inclement weather.