By The Numbers, Week Of August 22
The leading figures from this week’s news in the active lifestyle space.
Billabong’s Turnaround Hits Some Turbulence
Billabong, Element and RVCA brands see growth and expand share, but currency headwinds, retail disruption and a shift away from longboards drag earnings.
Tillys Steadied By E-commerce
Despite choppy traffic at its physical stores, the action-sports-inspired retailer beat its fiscal-second-quarter comps forecast thanks to steady traffic online.
Best Buy Provides Upbeat Outlook For Wearables
Best Buy Inc. said strength in wearables helped the electronics chain deliver better-than-expected sales for its second quarter.
Trendy Fjällräven’s Anti-piracy Costs Are Rising
The cost of defending the the trendy Swedish outdoor brand against counterfeiters is rising fast, according to its German parent company.
Skullcandy Gains An Extra $26.6M In Acquisition Fight
Turns out active-lifestyle audio tech brand Skullcandy Inc. (Nasdaq:SKUL) is worth more than the market thought it was.
Whitewater Course Reopened Near Charlotte
The U.S. National Whitewater Center reopened its whitewater channels August 10 after implementing a new water management plan that better accounts for turbidity.
Dick’s Sporting Goods’ Expanding Empire
While there’s plenty of uncertainty in the active-lifestyle retail marketplace, the national retailer is quickly taking advantage of the lapse to expand its presence.
Sporting Goods Retailers Deliver Upside Surprise
A string of upside earnings reports last week show the liquidation of more than 500 sporting goods stores had less impact than feared from May through July.
Hibbett Sports Eyes More Lifestyle Products and Omni-channel Improvements
While it eked out a 0.8 percent gain in same-store sales during a traditionally slow second-quarter, and beat Wall Street earnings expectations by a penny, Hibbett Sports (Nasdaq:HIBB) officials aren’t sitting back.
Foot Locker Says The Malls Are Far From Dead
Slowing traffic and greater discounting at Eastbay.com and not weak mall traffic clipped profit growth in another impressive quarter for the sneaker retailer.
Sportsman’s Warehouse Turns Eastward
After a surge in firearms and camping sales helped it beat its Q2 forecast, the Utah retailer is planning to expand to North Carolina and West Virginia.
Cascade Designs Promotes David Burroughs To President
The parent company to the Therm-a-Rest, Mountain Safety Research (MSR), Platypus, SealLine and PackTowl brands named David Burroughs, son of founder John Burroughs, as Cascade Designs’ new president.
Aisle Talk, Week Of August 15
Headlines from the active lifestyle industry this past week you may have missed.
By The Numbers, Week of August 15
The leading figures from this week’s news in the active lifestyle space.
