SGB Executive Outdoor
Hydro Flask’s Growth Momentum Continues In Q1
Julien Mininberg, CEO of Helen of Troy, on a conference call with analysts said Hydro Flask’s growth is being fueled by strong demand for the overall water bottle category, new products, more balanced distribution and strong online sales.
West Marine Optimistic For Rest Of 2017, Despite Q1 Loss
Matt Hyde, president and CEO of West Marine said during a conference call that the company was satisfied with sales through the first part of March, but then the northeast experienced a series of snowstorms that negatively impacted the results of their Spring Super Sale. The company was forced to close 42 locations due to the inclement weather.
Amer Sports Q1 Net Slides On Weakness In Outdoor And Ball Sports
Earnings were impacted by lower margins in its Outdoor segment and reduced sales in its Ball Sports segment.
Deckers Shares Pop On Acquisition Talk
Shares of Deckers Outdoor Corp. rose $1.81, or 3.1 percent, on Wednesday to $60.55 after it reported it was exploring a sale. The move comes as activist investors had pushed for a sale.
Academy Can’t Sidestep Industry Pressures
Unable to shrug off the many challenges facing the sporting goods channel, Academy Sports + Outdoors’ same-store sales slid in the low-single-digit range and management-adjusted EBITDA dropped 23 percent in 2016.
Aisle Talk, Week Of April 17
Top headlines from the active lifestyle industry you may have missed this week.
Sports Direct Breaks Into U.S. Retailing
Sports Direct said the Eastern Outfitters acquisition will provide Sports Direct “with a footprint in U.S. bricks-and-mortar retail and a platform from which to grow U.S. on-line sales.”
Bass Pro, Cabela’s Recast Deal To Appease Regulators
Shares of Cabela’s Inc. shot up $3.84, or 7.2 percent, to $57.53 Tuesday after it announced a two-step deal that eases one step in securing regulatory clearance for its mega-merger with Bass Pro.
Is Casual Participation Growth More Important Than Core Growth?
Among the sports seeing healthier gains in core versus casual participants were a number of fitness-oriented activities, including yoga, cross training, bodyweight exercise & bodyweight accessory-assisted training, weight/resistance machines, treadmill and kettlebells. Others seeing higher growth in core versus casual participation included adventure racing, field hockey, volleyball (grass), target shooting (rifle) and mixed martial arts for competition.
Aisle Talk, Week Of April 10
Top headlines from the active lifestyle industry you may have missed this week.
Netshoes Looks To Dominate Online Selling In Latin America
In 2016, four brands – Nike, Adidas, Mizuno and Asics – made up approximately 41.2 percent of sales.
Omega Sports Sold To Former Fresh Market CEO
Phil Bowman, Omega Sports’ president, told SGB, “It was a perfect situation for someone to come in and still grow our company, protect our culture and carry on the Omega tradition.”
Timberland Looks To Diversify To Grow
Timberland plans to aggressively push further into women’s footwear, casual footwear overall and men’s apparel to jumpstart growth in the years ahead. Other key growth priorities included direct-to-consumer and China.
The North Face To Ramp Up Segmentation Efforts
Arne Arens, general manager, Americas, The North Face, told the investment community, “Through these segmentation efforts, we will build a differentiated consumer experience across channels and across tiers, maximizing revenues but also assuring a premium positioning across the entire spectrum of distribution.”
Aisle Talk, Week Of April 3
Top headlines from the active lifestyle industry you may have missed this week.
