SGB Executive Outdoor
Can RV Sales Help Camping World Overcome Investment Risks?
Camping World Holdings Inc.’s $1.8 billion in debt might seem like too much to bear, but the vision of CEO Marcus Lemonis and the strength of the U.S. RV market should provide the tailwinds the company needs to overcome exorbitant costs and position itself for accelerated growth in 2019.
SGB Executive Q&A: Gore Fabrics Sustainability Leader Bernhard Kiehl
Bernhard Kiehl, the sustainability leader for Gore Fabrics, sat down with SGB recently to discuss the company’s ambitious environmental and chemical management goals, including the milestones achieved and the targets still on the horizon.
VF Corp. Shares Slip After Spinoff, Relocation Announcement
VF Corp. shares fell 3.6 percent Monday after the company announced spinoff and relocation plans. While investors asked “Why now?” about the move, analyst reaction was mostly positive as VF can now target more growth—both organically and acquisitively—in the outdoor and active lifestyle space.
Sport Chek Looks To Broaden Reach In Reset
Sport Chek, Canada’s largest sporting goods chain owned by Canadian Tire Inc., will be undergoing a repositioning to appeal to a broader range of consumers beyond millennials and “achievers,” Canadian Tire officials said on the company’s second-quarter conference call.
Aisle Talk Week Of August 6
Top headlines from the active lifestyle industry you may have missed this week, including Nike Inc. facing a class-action lawsuit for discrimination.
Firearms Unit Next Divestiture For Vista Outdoor
One month after Vista Outdoor Inc. announced an agreement to sell Bollé, Cébé and Serengeti, the company said firearms should be the next business unit to go—likely before divesting the company’s sports protection brands.
Camping World Hit By Softness And Ramped-Up Investments At Gander
Shares of Camping World fell $3.17, or 14.3 percent, to $19.04 on Wednesday after the retailer reported both earnings and sales missed Wall Street targets and lowered the company’s profit outlook for the year. The RV retailer was impacted by losses at Gander Outdoors during the quarter as well as ramped-up investments to roll out Gander RV sections at Gander’s locations.
Johnson Outdoors Benefits From Healthy Re-Orders
Benefitting from season replenishment orders for the company’s warm-weather outdoor recreation products, Johnson Outdoors delivered record earnings and sales in the third quarter ended June 29. The gains were again led by the company’s Fishing segment but Jetboil delivered double-digit gains and Eureka! returned to growth.
Black Diamond’s Global Brand Momentum Fuels Clarus In Q2
The growing strength of the Black Diamond Equipment brand around the world was a primary driver behind the solid second quarter that Salt Lake City, UT-based parent company Clarus Corp. reported on Monday.
Newell’s Outdoor Brands Impacted By Late Spring
Newell Brands said sales in the company’s outdoor & recreation division, which includes Coleman and Marmot, were impacted by the late spring. The sales process for Pure Fishing remains on track.
Denver Delivers Again At ORSM
In its second Outdoor Retailer show, Denver delivered steady traffic, busy booths and plenty of energy at Outdoor Retailer Summer Market, according to interviews with a number of exhibitors and a few retailers. A change of scenery after 20 years in Salt Lake City is also clearly being welcomed by many attendees, but the upbeat moods appear to underscore a healthier industry.
GoPro Weathering Global Component Shortage
A global shortage of the passive components that GoPro Inc. integrates into the company’s action cameras has created a significant supply chain challenge, yet the company remains confident in being able to weather the disruption and meet increased product demand beginning in the first quarter of 2019.
Aisle Talk Week of July 30
Top headlines from the active lifestyle industry you may have missed this week, including Shimano releasing the company’s earnings for the first half of 2018.
Unifi Seeing Some Benefits From Pricing Adjustments
Unifi Inc.’s adjusted earnings declined in the fourth quarter ended June 24 due to spiking crude oil prices. But the recycled fiber specialist saw healthy top-line growth and gross profit and operating income for the fourth quarter improved compared to the third quarter with the help of pricing adjustments.
Garmin Raises Wearable Stakes With Expanded Sensor Technology
Garmin Ltd.’s ability to meet growing customer demands for better technology in wearables was on display in the company’s Q2 earnings report. Garmin reported better-than-expected quarterly profit in the second quarter ended June 30 and raised its full-year forecast in the process.
