
Winnebago’s Q4 Boosted By Heightened Interest In The Outdoors
Winnebago Industries, seeing continuing strong demand for outdoor recreation, reported revenues jumped 39.1 percent in the fourth quarter ended August 29, to $737.8 million. Excluding Newmar, which was acquired in the first quarter of fiscal 2020, organic sales climbed 15.3 percent.

Teton Gravity Research Celebrates 25 Years
Twenty-five years ago, two brothers, Todd and Steve Jones had the vision to create action sports movies. Now, 25 years later, they’ve accomplished that with their adventure lifestyle media company, Teton Gravity Research (TGR) and have branched out into retail, hotels and a new TGR TV platform to work symbiotically with their original concept.

Wall Street’s Take On VF’s Q221
Analysts applauded VF Corp’s better-than-expected results for the second quarter ended September 26, highlighting the robust growth in China and across digital platforms and believing VF is on the path to a return to sales growth in its fiscal fourth quarter.

VF Back On Path To Growth
VF Corp. said currency-neutral growth of 42 percent in e-commerce and 19 percent in mainland China helped drive earnings and sales ahead of internal and Wall Street’s expectations in the second quarter ended September 26. Sequential improvement was predicted for the holiday quarter followed by the return to growth in its March quarter.

Aisle Talk Week Of October 11, 2020
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of October 11, 2020, covered in the SGB Updates and delivered to your inbox every business day.

Tough As Nails: The Apex Watercraft Tyr Fishing Kayak
If it’s lightweight and tough enough for aircraft, it’s probably good enough for fish kayaks. That’s the theory behind Diamond Shield material, which is taking the fish kayak world by storm in its debut in the Apex Tyr — the first carbon-fiber fishing kayak.

Winter Sports Present Fresh Challenges For Youth Sports Recovery
An SFIA webinar headlined by executives at LeagueSide and Morning Consult provided optimism from community youth sports organizations on recovery as teams returned to play over the summer and early fall. However, a warning about potential disruptions as winter sports gets underway was also heard.

Foot Locker Upgraded By Bank of America On Nike Momentum
Bank of America Merrill Lynch upgraded Foot Locker to “Buy” as the investment firm believes Foot Locker’s momentum improved significantly over September and October, given a shift in back-to-school sales in part due to Nike product momentum. Long-term, Foot Locker is expected to benefit from Nike’s moves to tighten wholesale distribution.

Analysts Hike Price Targets On Peloton
Baird Equity Research and Truist Securities both raised their price target on Peloton Interactive due to the continued adoption of at-home fitness as households quarantine during the pandemic.

Sports Industry Forms Tighter Bonds To Tackle Outfall From COVID-19
At a State of the Industry Roundtable at SFIA’s “Back on Track: Insights and Strategies” virtual conference, top executives at Walmart, Molten, HanesBrands, and Technogym indicated the industry continues to adjust on the fly to the continued uncertainties presented by COVID-19 and said enhanced communications across stakeholders has become critical to managing amid the crisis.

Adventure Travel Market Reeling But Resilient — And Key To Tourism’s Comeback
While World Tourism Day is commemorated each year on September 27 to “foster awareness among the international community of the importance of tourism and its social, cultural, political, and economic value,” this year a dark cloud rained on its parade — concerns about one of the business sectors most affected by COVID-19 — tourism and, in particular, the adventure travel industry.

Aisle Talk Week Of October 5, 2020
The Top National stories and the Latest headlines across the Active Lifestyle Market for the week of October 5, 2020, covered in the SGB Updates and delivered to your inbox every business day.

Aspen Institute: Kids Lost Interest In Sports During COVID-19
Nearly 3 out of 10 kids who played a sport prior to the coronavirus pandemic are no longer interested in participating, according to the latest national survey of sports parents commissioned by The Aspen Institute. That figure, (29 percent), captured in September, is up from 18 percent in May and 19 percent in June and underscores the growing challenges that lie ahead in keeping kids at play.

Hydro Flask Regains Momentum In Q2
Hydro Flask returned to growth in Helen of Troy’s second quarter ended August 31 “as more people return to the outdoors” with strong growth online and internationally. Incremental marketing investments are planned for the fiscal second half to support accelerated momentum for the water bottle brand.

Nike, Lululemon Again Gain Traction In Piper Sandler Teen Survey
Nike and Lululemon were again the big winners in the active lifestyle space in Piper Sandler’s 40th Biannual “Taking Stock With Teens” Fall 2020 Report*. Overall, athletic apparel and athletic footwear continue to gain mindshare among younger consumers according to its findings.