Callaway’s Shares Climb On Earnings Beat
Shares of Callaway Golf Co. were trading up about 8 percent in early-afternoon trading Friday after the company reported first-quarter profit and sales well above Wall Street expectations.
Aisle Talk Week Of April 23
Top headlines from the active lifestyle industry you may have missed this week.
Brunswick Corp. Lowers Expectations For Fitness Segment
With margins remaining under pressure, Brunswick Corp. tempered the outlook for the company’s Fitness segment for the rest of the year.
Columbia’s Strong Q1 Sparks $10M Investment Plan
An impressive first-quarter performance not only increased Columbia Sportswear Co.’s sales expectations for 2018 but also bolstered plans for the company to invest $10 million in e-commerce and other capabilities in the second half of the year.
Hydro Flask Closes Out Another Robust Year
Said Julien Mininberg, Helen of Troy’s CEO, on a conference call with analysts, “Hydro Flask sell-through rates continue to be solid and the brand continues to add share to its already market-leading position.
Amer Sports’ Q1 Boosted By DTC, China And Arc’teryx
Amer Sports’ operating earnings before charges rose 14 percent in the first quarter, boosted by robust growth across its DTC channels and in China as well as strong momentum for Arc’teryx, Precor and Sunto.
Keen CMO: ‘Better Takes Action’ Campaign Aims To Inspire Change
Tyler LaMotte, chief marketing officer at Keen Inc., spoke with SGB Executive about the footwear company’s new campaign, Better Takes Action, which was designed to follow the company’s longstanding philosophy of giving back, taking action and making an impact.
Running Participation Declines Expected To Level Off
With race participation slipping in recent years, a big American win and the gnarly conditions at the Boston Marathon shined a much-needed spotlight on the sport of running. Yet race organizers and running industry execs still believe a renewed focus on delivering unique experiences will be necessary to again drive up race finishers.
Balanced Portfolio, Channel Strategy Fuels Rocky Brands’ Q1
Though Rocky Brands Inc. narrowly missed Wall Street’s revenue estimates in the first quarter, the Nelsonville, OH-based company rode a healthy balance across portfolio and sales channels to more than double net income from the same quarter a year ago.
Shimano’s Q1 Boosted By Fishing Momentum, Cost Controls
Shimano’s earnings showed some recovery in the first quarter with the help of strong expense controls, a profit uptick in the company’s Fishing Tackle segment and a modest earnings gain in Bicycle Components.
Puma Prepares To Shift Production From China Over Tariff Concerns
While delivering robust first-quarter results and lifting its outlook for the year, Bjørn Gulden, CEO of Puma SE, spent the majority of the company’s quarterly conference call with journalists discussing the potential negative impact of tariffs on China.
Native Eyewear Hitting Stride Two Seasons After Return To Goggle Market
Colorado-based Native Eyewear returned to the goggle market in 2016, and the company is sharpening its focus on delivering “premium technologies at an attainable price tag,” General Manager John Sanchez said in a Q&A with SGB Executive.
New Digs Bolster Adidas Outdoor’s Growth Plans
Adidas Outdoor USA has opened a new office in Golden, CO, giving the company a strategic hub in the Rocky Mountains as it looks to gain share across trail running, cycling, hiking and climbing footwear and apparel categories.
Newell Brands Averts Proxy Battle
The battle over board seats at Newell Brands has come to a quicker-than-expected end. But the divestitures will continue.
Aisle Talk Week of April 16
Top headlines from the active lifestyle industry you may have missed this week.
