Aisle Talk, Week of August 1
The biggest promotions, acquisitions and strategies to hit the active lifestyle industry this week.
Adidas Q2 Boosted by U.S. Momentum
Adidas AG reported sales grew 25.6 percent in North America in the second quarter, accelerating from a gain of 21.6 percent in the first quarter.
Top 5 Takeaways From Outdoor Retailer Summer Market – Day 1
Day 1 at OR was bustling. From our perspective, show organizers either slimmed down the width of the hallways, or more people than usual were in attendance.
Sturm, Ruger & Co. Surprises With Succession Plan
Sturm Ruger & Company delivered another robust quarter as overall firearms sales continue to benefit from concerns over potential gun-control legislation.
Crocs’ Shares Crash On Reduced Outlook
Shares of Crocs Inc. fell 23.3 percent, to $8.44 on Aug. 3, after the cushy shoe maker missed top and bottom line expectations for the second quarter and lowered its guidance for the year.
Fitbit Q2 Sales Vault on New Products
Although profits fell due to continued investments in research and marketing, Fitbit Inc. continued to defy critics by reporting sales that kept surging ahead in the second quarter.
Hanesbrands’ Q2 Impacted by Activewear and Innerwear Weakness
Although earnings just missed Wall Street’s quarterly profit targets, officials assured investors that its guidance for the full year remained in line with plans.
Big 5 Fights Off Liquidation Pressures in Q2
Big 5 Sporting Goods reported earnings fell 19.2 percent in the second quarter due to the impact of liquidation sales by Sports Authority and Sport Chalet but they still came in ahead of internal expectations.
Nearsourcing Hits Black Diamond’s Margins Again
Black Diamond’s decision to repatriate manufacturing of carabiners, cams and other climbing hardgoods from China to Salt Lake City is costing it dearly.
Success at Retail Drives Nautilus’ Big Gains in Q2
Nautilus Inc. joined its market peers, Aug. 1, in reporting strong results for the second quarter, with its sales surging 32 percent to $78.5 million.
By The Numbers, Week of July 25
Stats, figures and earnings that deserve a double-take in this week’s active lifestyle news.
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.
