SGB Executive Sports & Fitness

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.

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.

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.

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.

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.

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.