SGB Executive Outdoor

TJX Takes Impairment Charge For Sierra Trading

The TJX Cos. took an impairment charge of 10 cents a share, or about $64 million, against fourth-quarter earnings for Sierra Trading Post due to a decrease in projected revenue growth rates.

Gander Outdoors Openings Off To Heathy Start

Camping World said the opening of its first Gander Outdoors locations are off to a good start. Officials also estimated that its overall Outdoor and Active Sports business segment – also including Overton’s, TheHouse.com, Uncle Dan’s, W82, and Erehwon – will bring in $400 million in revenue in 2018.

Big 5’s Q4 Blasted By Warm Winter Out West

Said CEO Steve Miller on a conference call with analysts. “While much of the country has endured often extreme winter weather conditions over the past few months our western U.S. markets have experienced significantly warmer than normal weather and one of the driest periods on record.”

Hibbett’s Blows Past Guidance

Particularly benefitting from the quick ramp-up of e-commerce operations, Hibbett Sporting Goods reported preliminary fourth-quarter earnings that handily eclipsed Wall Street’s targets.

The Fēnix Stars For Garmin

While the Fitness segment continued to struggle to overcome the maturity of the basic activity trackers space in Q4, Garmin’s Outdoor segment remainS on fire, led by the Fēnix line of adventure watches.

Wolverine Worldwide’s Q4 Boosted By Improved Margins

Boosted by fatter gross margins, Wolverine Worldwide reported adjusted earnings per share in the fourth quarter of 41 cents per share, a 20 percent increase over the last year. Underlying growth of 1.7 percent. Eighteen percent growth at Merrell and nearly 30 percent at Chaco helped offset declines in the low double digits at the flagship Wolverine brand, high single digits at Sperry and mid-single digits at Saucony.

Rocky Brands Sees Wholesale Brands Return To Growth In Q4

Work and western boots both grew double-digits in the fourth quarter. Hunting sales increased modestly year-over-year added in part by cold weather throughout much of the fourth quarter and a decision earlier last year to implement more aggressive pricing.

VF’s Q4 Powered By Vans, North Face Misses Plan

VF Corp. reported sales at Vans vaulted 35 percent in the fourth quarter, led by a 38 percent climb in the Americas. North Face missed plan in part due to aggressive efforts to clear Amazon of unauthorized dealers and reduced off-price sales overall but is still expected to see high-single digit growth for 2018.

FGL Sports Q4 Boosted By Chilly Winter

FGL Sports marked a return to mid-single digit comp growth in the fourth quarter with the boost of chilly Winter. Canadian Tire Corp, its parent, also indicated it acquired Sher-Wood Athletics as part of an overall effort by the company to increase its number of owned brands and appointed TJ Flood as president, FGL Sports.

Shimano’s Cycling Sales Regain Momentum

Shimano saw sales in its Bicycle Components segment returned to double-digit growth in the fourth quarter while showing modest gains in its Fishing Tackle segment.

Columbia Q4 Boosted By Improving U.S. Business

President and CEO Tim Boyle said, “In the fourth quarter, the U.S. wholesale channel played a significant role contributing to our top line beat relative to our October outlook, aided by improved order conversion.”

Fitness And Outdoor Drive Amer Sports’ Q4 Growth

Amer Sports reported revenues on a currency-neutral basis grew 9.0 percent in the fourth quarter, led by a 14 percent gain by its Fitness segment and an 11 percent climb by its Outdoor segment. The Ball Sports’ segment inched up 1 percent and has been impacted by a “challenging U.S. wholesale market.”