Garmin Ltd. reported sales inched up 1 percent in the second quarter as double-digit growth in its outdoor and aviation segments offset 15 percent decline in both fitness and auto.
Category: Sports/Fitness
HanesBrands Reports In-Line Results For Second Quarter
HanesBrands, the parent of Champion, Hanes and Gear For Sports, reported operating profits showed a modest gain excluding acquisition-related and integration charges in the second quarter but management said it remained confident that organic growth would resume in the second half.
Precor Launches High-Intensity Interval Training Console
H.I.I.T was voted one of the Top 3 Fitness Trends in 2017 by the ACSM Health and Fitness Journal.
Delta Apparel Sees Q3 Earnings Jump
Delta Apparel Inc. reported earnings per diluted share of 57 cents on net sales of $104.3 million for its fiscal third quarter ended July 1, 2017, compared with earnings of 32 cents per diluted share on net sales of $111.6 million in the prior year third quarter.
Big 5’s Q2 Sales Miss Targets
Big 5 Sporting Goods reported earnings in its second quarter rose 33.3 percent on improving gross margins and a 0.8 percent gain in same-store sales. But sales were lower than expected due to weakness in certain outdoor product categories related to firearms, camping and water sports.
Under Armour Axes 277 Jobs Amid Restructuring
Shares of Under Armour fell $1.88, or 10.4 percent, to $16.23 Tuesday after the company reduced its annual sales and earnings forecast while announcing a restructuring plan that includes the layoff of 277 employees.
Nautilus Q2 Impacted By Ongoing TreadClimber Weakness
Nautilus reported earnings and sales slid in the second quarter and came in short of Wall Street’s targets as continuing weak sales of the TreadClimber within its Direct business offset strength in its Retail segment.
Bellyak Expands Whitewater Accessibility
“The Bellyak has become a tool that helps people transcend their scars and focus on the experience of who they want to become.” – Adam Masters, Founder
Decathlon To Open Store In San Francisco
Decathlon, the French sporting goods giant, is opening a store on 735 Market Street in San Francisco, marking its return to U.S. retailing.
Japanese Outdoor Tech Company Launches In North America
Bonx, founded by snowboarder and outdoorsman Takahiro Miyasaka, is making its formal entry into the U.S. and Canadian markets with new North American Headquarters located in Seattle and a satellite office in Vancouver, Canada.
Epoch Lacrosse Signs Dylan Molloy
Epoch Lacrosse announced a partnership with Major League Lacrosse (MLL) player, Dylan Molloy.
Fabric Technology: Dupont Intexar
DuPont Advanced Materials announced its newest generation of stretchable electronic inks and films for smart clothing at last week’s Outdoor Retailer Summer Market.
Asics Launches I Move Me Brand Activation
Asics unveiled a new global brand message, identity, retail concept and integrated brand activation – the brand’s most significant marketing initiative to date.
Technogym Appointed Official Supplier To 2017 Athletics World Championships
The event – London’s biggest sporting event since the London 2012 Olympic Games – will bring together more than 3,000 world-class athletes from more than 200 countries.
Trips For Kids National Appoints Robert Alan Ping As Executive Director
Prior to joining Trips for Kids, Ping was executive director for the Walkable and Livable Communities Institute, an educational community health organization.
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