SGB Executive Apparel

Asics Corp. Q1 Impacted By Weakness In Europe And Americas

In the Americas region, sales declined 3.1 in the first quarter on a currency-neutral basis “due to market forces and additional retail partner store closings,” according to a statement from Asics America Group. Sales in the U.S dropped 9.3 percent.

Delta Apparel’s Q2 Boosted By Junk Food Sale, Higher Margins

For its second half, Salt Life and Art Gun are expected to continue their double-digit growth while continued improvements are projected for Activewear and Soffe. Soffe is expected to benefit from direct-to-consumer growth, including its first stores.

Camping World Owner Vows To Revive Gander Mountain

Marcus Lemonis, chairman and CEO of Camping World, has pledged to bring back at least 70 Gander Mountain locations. He expects the chain will greatly benefit from lease renegotiations, a merchandise overhaul and localizing assortments by market.

Dorel Sports Sees Cycling Profits Rebound

“Dorel Sports improved materially as a restructuring efforts and more cost efficient cost structure are now bearing fruit,” stated Martin Schwartz, president and CEO of Dorel Industries.

Adidas Brand Catapults 36 Percent In North America In Q1

Showing the brand is indeed regaining market share against Nike and several other competitors, Adidas Group reported currency-neutral revenues for the Adidas Brand vaulted 36 percent in the first quarter in the North America region.

Cabela’s Q1 Benefits From Expense Cuts, Credit Strength

Cabela’s not surprisingly saw earnings and sales decline in the first quarter as a result of an industry-wide downturn in firearms sales following the election of Donald Trump. But expense-containment efforts and healthy results from Cabela’s CLUB Visa program helped the retailer exceed Wall Street estimates.

Big 5 Crushes Q1 Guidance

Said Steven Miller, chairman, CEO and president, on a conference call with analysts. “Our strong results reflect our team’s continued effort to expand our market share gain following the competitive store closures that occurred in our sector last year and capitalized on the favorable weather conditions in our market during the first quarter.”

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.

Under Armour’s Shares Jump As Q1 Loss Less Than Feared

Shares of Under Armour rose $1.68, or 9.3 percent to $19.82 on Wednesday after the company posted a loss that was lower than Wall Street expected. Officials kept its guidance for the year but indicated that its category management initiatives are making progress.