SGB Executive Sports & Fitness
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.
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.
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.
North America Propels Columbia Sportswear In Q2
Columbia Sportswear Company grew sales 2 percent in the second quarter and beat profit expectations powered by growth of its Columbia, Prana and Mountain Hardwear brands in North America, but weakness elsewhere in the world left it short of expectations.
Brunswick Banks on Fitness with Another Acquisition
Brunswick Corp. is doubling down on its fitness equipment segment, including Life Fitness, Cybex and Hammer Strength, as it reported another strong quarter of results from the category and announced an additional acquisition.
GNC CEO Resigns Amid Retailer’s Strategic Review; Guidance Pulled
The sudden resignation of GNC Holdings Inc. CEO Michael Archbold threw much up in the air for the nutritional supplement chain.
Adidas Again Raises FY Outlook on Q2 Momentum
Adidas AG raised its full-year forecast for a fourth time this year after delivering healthy double-digit growth in its second quarter and benefiting from a special payment to bring an early close to its sponsorship deal with England’s Chelsea soccer club.
GoPro Sales Sliced in Half, Swings to Q2 Loss as it Cleans Up Inventory
The numbers were ugly, but Wall Street saw promise in a battered GoPro stock lifting it more than 10 percent July 28 after its second-quarter earnings results.
Garmin Ups Outlook on Robust Wearables Sales
Garmin Ltd. said double-digit growth at its Fitness and Outdoor segments enabled it to blow past Wall Street estimates in the second quarter and raise its guidance for the full year.
Puma Gets Boost From Euro Cup in Q2
Puma SE delivered another round of robust results in the second quarter, gaining a boost from a solid performance of its teams at the UEFA Euro 2016 as well as traction gained around its women’s initiatives, led by Rihanna. For the fourth straight quarter, however, the sizeable gains weren’t enough for the company to raise […]
Wolverine World Wide’s Q2 Encourages Investors
Wolverine World Wide Inc.’s stock surged Tuesday after it reported second quarter results and said it is nearly ready to sell underperforming brands.
