SGB Executive Sportsmans
EXEC: Columbia Brand Set to Take Market Share Back in 2025; Q1 Exceeds Outlook
First-quarter net sales and earnings exceeded guidance, driven by late-season demand for winter products and strong early-spring shipments. International markets, which contributed 40 percent of annual sales, performed well, with double-digit growth in the LAAP region and high-single-digit growth in EMEA.
EXEC: Coleman, Marmot Parent Shrugs Off Tariff Impact as Q1 Beats Estimates
On a quarterly call Wednesday, Chris Peterson, CEO of Newell Brands, parent of Coleman, Marmot and other outdoor brands, said he expects the company to be able to largely withstand and possibly benefit from a higher-tariff environment while predicting a larger decline in core sales for the year.
EXEC: Big 5 CEO Expects Little Near-Term Tariff Impact Due to Early Q2 Receipts
Second quarter-to-date sales are reportedly down in the high-single-digit range, in part reflecting an approximate negative 400 basis point impact from one less sales day in the period-to-date due to the Easter calendar shift.
EXEC: Rocky Brands CEO Sees Tariff-Based Price Increases Coming in June
The Xtratuf brand continues its recent momentum and delivered another exceptional quarter with double-digit growth in Q1, with the most popular new spring styles being the women’s duck camo and ivory colored ankle deck boots.
EXEC: Thule Group’s Organic Sales Dip in Q1; Lays Out More U.S. Market Changes
Thule Group CEO Mattias Ankarberg announced that Thule is implementing price increases in North America to offset cost increases from the newly imposed tariffs, even though the company has two of its own factories in the U.S.
EXEC: William Blair Tackles Tariff Realties in Latest Management Survey
Blair said that for now, the best solution seems to be a well-diversified supply chain across multiple jurisdictions, potentially with built-in redundancies to allow for nimbleness.
EXEC: Osprey Grows, Hydro Flask Falters in Q4; Parent to Pause China Goods
CFO Brian Grass said the company is pausing all China purchases in the short term with a few exceptions and expects over 60 percent of U.S.-bound goods to be sourced outside China by the end of fiscal 2027.
EXEC: Shimano Posts Solid Q1 Results, Led by DD Growth in Bicycle Components
North American market retail sales of completed bicycles remained weak, but market inventories were said to return to “appropriate levels.” In fishing tackle, North American market sales were flattish to Q1 2024 due to unfavorable weather.
EXEC: NYSE Hits Solo Brands with Trading Suspension
The company reported in a Form 8-K report that it expects Class A Common Stock to be quoted for trading on the OTC Pink Market. Solo Brands noted that the transition to the OTC Pink Market will not affect the company’s business operations, relationships with partners, suppliers, employees, or its SEC reporting obligations.
EXEC: Wall Street Reacts to Tariff News but Port Traffic Decline May Reflect a Sad Reality
The Dow and the S&P 500 both bounced on April 22 after U.S. Treasury Secretary Scott Bessent, Trump’s primary negotiator on tariff deals, said that he believes the Administration’s ongoing tariff war with China will de-escalate soon because the rift is not sustainable.
EXEC: Colt CZ Group Provides Insight of Tariffs Impact
For the time being, the company said it will not revise its guidance for 2025 until it evaluates potential scenarios, including developments in the commercial market in the U.S.
EXEC: Trump Admin Hits “Pause” on Most Higher Tariffs; Bumps China to 125 Percent
U.S. President Donald Trump either reminded the markets that he authored “The Art of the Deal” or awoke Wednesday to the reality that the U.S. bond and stock markets were going to drag down his legacy. Either way, there is broad relief coming.
EXEC: Trump Threatens to Push China Tariffs to 104 Percent Total
At issue was what Trump said was an effort to strike a trade deal with China that would be fair to both sides. China’s latest move on Friday to assess a 34 percent retaliatory tariff apparently lit the fuse as Trump threatened to add another 50 percent to the total tariff.
EXEC: Trump Tariffs Hit Active Lifestyle Stocks Hard; Vietnam Hit a Big Surprise
At issue for many in the active lifestyle market, including sporting goods, footwear, apparel, and outdoor, is the impact on goods sourced in Vietnam after many companies invested considerable time and capital in moving production there from China.
EXEC: Sportsman’s Warehouse Shares Surge as Analysts Buy into Progress
Fishing led all categories for Q4 comp growth, following by Camping. Hunting and Shooting Sports comped down, but outpaced NICS trends. The retailer is estimating fiscal 2025 net sales to be in the range of negative 1 percent to up 3.5 percent over 2024.
