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Top 5 Takeaways From Outdoor Retailer Summer Market – Day 2
Find out the top news and business trends from Day 2 of the OR show in Salt Lake City.
Aisle Talk, Week of August 1
The biggest promotions, acquisitions and strategies to hit the active lifestyle industry this week.
Adidas Q2 Boosted by U.S. Momentum
Adidas AG reported sales grew 25.6 percent in North America in the second quarter, accelerating from a gain of 21.6 percent in the first quarter.
Top 5 Takeaways From Outdoor Retailer Summer Market – Day 1
Day 1 at OR was bustling. From our perspective, show organizers either slimmed down the width of the hallways, or more people than usual were in attendance.
Crocs’ Shares Crash On Reduced Outlook
Shares of Crocs Inc. fell 23.3 percent, to $8.44 on Aug. 3, after the cushy shoe maker missed top and bottom line expectations for the second quarter and lowered its guidance for the year.
Hanesbrands’ Q2 Impacted by Activewear and Innerwear Weakness
Although earnings just missed Wall Street’s quarterly profit targets, officials assured investors that its guidance for the full year remained in line with plans.
Big 5 Fights Off Liquidation Pressures in Q2
Big 5 Sporting Goods reported earnings fell 19.2 percent in the second quarter due to the impact of liquidation sales by Sports Authority and Sport Chalet but they still came in ahead of internal expectations.
Nearsourcing Hits Black Diamond’s Margins Again
Black Diamond’s decision to repatriate manufacturing of carabiners, cams and other climbing hardgoods from China to Salt Lake City is costing it dearly.
Newell’s Outdoor Unit Sees Fishing Offset Winter Weakness in Q2
Newell Brands Inc. reported that its Outdoor Solutions segment, formerly Jarden Outdoor Solutions, eked out a 0.5 percent gain in sales in its second quarter.
Aisle Talk, Week of July 25
A quick hit of this week’s breaking news in the active lifestyle industry.
North America Propels Columbia Sportswear In Q2
Columbia Sportswear Company grew sales 2 percent in the second quarter and beat profit expectations powered by growth of its Columbia, Prana and Mountain Hardwear brands in North America, but weakness elsewhere in the world left it short of expectations.
Amer Sports Wages Through A Tough Q2
Amer Sports lost only €14.7 million during the second quarter ended June 30 despite company closings in the sporting goods industry.
Sequential Brands Q2 Boosted by Strong Athletic Sales to Wal-Mart
Sequential Brands Group, which recently closed on the acquisition of the Gaiam yoga brand, said total revenue for the second quarter expanded 69.3 percent to $34.2 million. Revenues largely represent royalty payments from licensees.
Cabela’s Delivers First Quarterly Comp Gain in More Than Two Years
Cabela’s Inc., which is reportedly entertaining a merger with Bass Pro, reported second-quarter earnings that came just short of Wall Street’s targets. But management said aggressive price and promotion approach helped the hunt & fish retailer show its first quarter of positive comparable store sales since the third quarter of 2013.
U.S. Expansion Fueling Moncler’s Growth
Revenues grew 23 percent in the Americas in the first half, as the luxury outdoor brand added its 13th U.S. store as well as shops inside finer department stores.
