SGB Executive Outdoor

Vista Outdoor’s Q1 Stung By Weakness In Shooting

Vista Outdoor’s revenues slumped 9.8 percent in the first quarter to $568.7 million as a slight gain in its Outdoor Products was offset by a steep decline in its Shooting Sports segment.

Canada Goose Q1 Benefits From Pull-Forward Orders

Said Dani Reiss, president and CEO, on a conference call with analysts, “Many retailers are specifically asking us to accelerate shipments so they can get our product on the floor earlier. We see this as a testament to our belief that Canada Goose is a bright spot for our retail partners.”

Crocs’ Sales Start To Recover

Crocs again showed sharp improvement in earnings in the second quarter as a result of its ongoing efforts to cut expenses and avoid discount selling. More encouragingly, however, sales of its core merchandise are showing signs of picking up.

Wolverine Worldwide’s Transformation Plan Paying Dividends

Most of Wolverine Worldwide’s brands exceeded revenue expectations for the quarter while also over-delivering on operating profit goals.Among key brands, Merrell’s grew just over mid-single digits, Chaco ahead mid-teens, Saucy up slightly, Wolverine ahead double digits. Sperry was down mid-single digits.

Black Diamond Sees Innovation Driving Robust Back Half

Black Diamond Inc. widened its losses in the second quarter due to stepped-up efforts to jumpstart growth. But its renewed focus on its flagship brand already helped drive top-line growth in the period and officials expect the momentum to continue in the back half of 2017.

Rapha Sold To Sam Walton’s Grandsons

Rapha, the London-based trendy cycling apparel brand, said that U.S.-based RZC Investments, led by Tom Walton with his older brother Steuart, has acquired a majority stake in the company.

West Marine Sees Fatter Margins Offset Lower Q2 Sales

West Marine Inc., which on June 29 agreed to be acquired by a private equity firm, reported basically flat earnings before charges in the second quarter as fewer markdowns offset a small sales decline.

GoPro’s Stock Surges On Upbeat Quarter

GoPro reported second quarter results that came in well above internal guidance, forecast a smaller-than-expected loss for the third quarter, and indicated it was on track to launch the latest version of its flagship camera by the holiday season to all support its goal of returning to adjusted profitability in 2017.

Newell Brands’ Play Segment Impacted By Fishing Destocking

Solid growth on Beverages, Coolers and Team Sports was more than offset by a decline in Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of the Gander Mountain bankruptcy.

Cabela’s Struggles Continue In Q2

In likely its last earnings report as a publicly traded company, Cabela’s blamed its poor performance on the slowdown in firearms sales since the presidential election, the Gander Mountain bankruptcy, and tough comparisons due to a number of shooting tragedies in the first half of 2016.

Garmin Outdoor Segment Growth Takes Off

Garmin’s Outdoor segment saw sales catapult 46.3 percent in the second quarter, to $194.8 million. The gains were driven by strong demand for its fēnix 5 watch series.