SGB Executive Outdoor
Newell’s Outdoor Unit Sees Fishing Offset Winter Weakness in Q2
Newell Brands Inc. reported that its Outdoor Solutions segment, formerly Jarden Outdoor Solutions, eked out a 0.5 percent gain in sales in its second quarter.
Deckers Outdoor’s Ugly But Upbeat Quarter
Deckers Outdoor Corp. reported an ugly first quarter as its losses widened and sales fell sharply. But at least they were a lot less ugly than expected.
Aisle Talk, Week of July 25
A quick hit of this week’s breaking news in the active lifestyle industry.
Weakness in Oil-Dependent Regions Dips Rocky Brands
Unable to overcome weak economies in regions impacted by low oil and commodities prices, Rocky Brands Inc. reported a loss in the second quarter on a sharp decline in wholesale sales.
North America Propels Columbia Sportswear In Q2
Columbia Sportswear Company grew sales 2 percent in the second quarter and beat profit expectations powered by growth of its Columbia, Prana and Mountain Hardwear brands in North America, but weakness elsewhere in the world left it short of expectations.
West Marine Q2 Saved by E-commerce
West Marine, Inc. (Nasdaq:WMAR) reported net revenues dipped 0.6 percent in the second quarter ended July 2 despite growing comparable stores sales 1.1 percent thanks to torrid e-commerce growth.
Amer Sports Wages Through A Tough Q2
Amer Sports lost only €14.7 million during the second quarter ended June 30 despite company closings in the sporting goods industry.
Cabela’s Delivers First Quarterly Comp Gain in More Than Two Years
Cabela’s Inc., which is reportedly entertaining a merger with Bass Pro, reported second-quarter earnings that came just short of Wall Street’s targets. But management said aggressive price and promotion approach helped the hunt & fish retailer show its first quarter of positive comparable store sales since the third quarter of 2013.
U.S. Expansion Fueling Moncler’s Growth
Revenues grew 23 percent in the Americas in the first half, as the luxury outdoor brand added its 13th U.S. store as well as shops inside finer department stores.
Lafuma Group Sees Tough Sledding Ahead After Strong 1H
Sales of Lafuma Group’s Millet, Eider and Lafuma mountain sports products grew 11.0 percent in the first half despite Europe’s warm winter, which will make for tough sledding in the back half.
GoPro Sales Sliced in Half, Swings to Q2 Loss as it Cleans Up Inventory
The numbers were ugly, but Wall Street saw promise in a battered GoPro stock lifting it more than 10 percent July 28 after its second-quarter earnings results.
Garmin Ups Outlook on Robust Wearables Sales
Garmin Ltd. said double-digit growth at its Fitness and Outdoor segments enabled it to blow past Wall Street estimates in the second quarter and raise its guidance for the full year.
Wolverine World Wide’s Q2 Encourages Investors
Wolverine World Wide Inc.’s stock surged Tuesday after it reported second quarter results and said it is nearly ready to sell underperforming brands.
Shimano Corp. Slashes 2015 Guidance
Shimano Corp. expects sales to fall twice as fast this year than it did three months ago due to a global oversupply of bicycles.
Bankruptcies, MAP Hurt Oakley, Ray-Ban in U.S.
Luxottica Group lowered its guidance to reflect the impact retail bankruptcies and a new MAP policy are having on U.S. sales of its Oakley and Ray-Ban brands.
