SGB Executive

Johnson Outdoors Inc. reported Q3 sales improved 3 percent due to strength in its Fishing segment. Earnings declined modestly due to investments in online capabilities and the impact of tariffs.

While reporting Q2 earnings that missed estimates, Dorel industries’ officials described the U.S. tariffs on Chinese-made goods as the “most significant risk” to second-half results while indicating they’re causing “chaos” in the marketplace.

Newell Brands Inc. said sales at its Outdoor & Rec division declined again in the second quarter but sales are improving sequentially as the division anniversaries Coleman‘s loss of distribution at a key U.S. retailer.

Compass Diversified Holdings (CODI) saw its two primary brands in the outdoor and sportsman’s space—5.11 and Velocity Outdoor—head in different directions during the second quarter. While 5.11 exceeded the company’s expectations, Velocity encountered some headwinds that stunted growth.

Asics North America sales inched up 0.8 percent but it was enough to mark its second straight quarter of growth. The gains were led by “strong sales of the Core Performance Sports category and steady sales of the Performance Running category.” Online sales jumped 39.9 percent.

Emerald Expositions Events Inc. continues to beat the drum about Outdoor Retailer’s three-show cycle, which still has its doubters. During Thursday’s earnings call with analysts to discuss the company’s overall performance for the second quarter, Emerald’s recently appointed President and CEO Sally Shankland and CFO Phil Evans provided some color around the “cadence” of Outdoor Retailer.

Top headlines from the active lifestyle industry you may have missed this week, including industry and retail trade organizations reacting quickly to criticize President Trump’s plans for a new 10 percent tariff on $300 billion of Chinese imports, taking effect on September 1, 2019.

Sturm, Ruger & Company Inc.’s sales in the second quarter plunged 25 percent and earnings fell even further. The results were hurt by the bankruptcy of the Ellett Brothers on top of continued stagnant demand for firearms.

The second quarter was an ideal period for Yeti Holdings Inc. to prove once again it offers much more than expensive coolers. During the period, Yeti launched new products and executed on strategic initiatives as the company’s earnings on an adjusted basis increased 23 percent on a 12 percent revenue gain.

Champion’s revenues, excluding the C9 brand being phased out at Target, jumped more than 50 percent in the second quarter despite facing tougher comparisons. HanesBrands, Champion’s parent, said the marked the eighth consecutive quarter that Champion’s growth globally has been at or above 30 percent.

Shares of Fitbit fell 21 percent on Thursday after the company slashed guidance for the full year and indicating it was changing its approach to pricing and promotions as sales of the Versa Lite smartwatch fell short of targets. Fitness tracker sales rebounded in the second quarter, but the company’s streak of quarterly revenue growth will end in the third quarter.

Monday was Jim Barr’s first day as Nautilus Inc.’s new CEO. Three days later, he hosted the company’s earnings call to discuss a lackluster second quarter in which the Vancouver, WA-based exercise equipment manufacturer missed both EPS and revenue expectations. Turning around the company’s fortunes is why Barr was brought on board, so can he deliver?

Profits at Delta Apparel Inc. rose 6.5 percent in third quarter ended June 29, boosted by improved profitability in both its Delta Group and Salt Life Group segments and accelerated top-line growth overall. Among brands, sales grew 18 percent at Salt Life and 3 percent at Soffe. Activewear sales were relatively flat.

Boosted by booming sales in China, accelerated growth in the U.S. and Europe, and broad-based growth across categories, Puma reported second-quarter results that topped analysts’ targets and lifted its guidance for the year.