SGB Executive Outdoor
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.
Weakness In Camping, Water Sports Sinks Big 5 Sporting Goods’ Q2
Poor weather around the country stymied the sales of camping and water sports products at Big 5 Sporting Goods Corp. stores in the back half of the second quarter, driving down income and revenue for the company during the period.
Shares of Rocky Brands Soar On Earnings Beat
Shares of Rocky Brands jumped $6.00, or 23.2 percent, to $31.85 after the boot maker delivered earnings that ran past Wall Street’s targets. Georgia Boot, Durango and Rocky Boot all delivered robust growth in the quarter at healthy margins.
Beyond Product: Industry Trends, Brand Stories Take Center Stage At OR
New product releases tend to garner most of the headlines at trade shows, but at Outdoor Retailer Summer Market, SGB’s editorial team also wanted to discover what’s happening with brands beyond the latest and greatest gear and apparel. Here are some of the stories and industry trends we found and hints of what’s to come.
VF Corp. CEO Steve Rendle Talks Company’s ‘Purpose-Led Journey’
VF Corp. CEO Steve Rendle spoke at last week’s Camber Outdoors keynote breakfast—held in conjunction with Outdoor Retailer Summer Market—where he shared his company’s vision for becoming more inclusive and diverse.
Arc’teryx Sales, China Growth Boost Amer Sports In Q2
Double-digit improvement with the Arc’teryx brand and a 21 percent sales growth in China were the primary drivers behind Finland-based Amer Sports’ performance in the second quarter.
Columbia Gaining Traction With ‘Project Connect’ Initiative
Columbia Sportswear Co. launched an ambitious transformation plan, Project Connect, one year ago, and so far the project has delivered the results the global apparel and footwear company sought, according to executive comments made during Thursday’s earnings call with analysts.
Aisle Talk Week of July 23
Top headlines from the active lifestyle industry you may have missed this week, including the U.S. House of Representatives approving the Personal Health Investment Today (PHIT) Act, which allows the use of pre-tax savings accounts for physical activity-related expenses.
