SGB Executive Sportsmans
Retail Reports Roundup
Studies arrived last week on consumers placing a higher priority on newness, online cart abandonment challenges, digital marketing’s effectiveness, strapped consumers and stores associate bonds helping deter shoplifting.
Aisle Talk Week of August 13
Top headlines from the active lifestyle industry you may have missed this week, including VF Corp.’s market-moving news that the company is spinning off its jeans division and relocating to Colorado along with The North Face, Smartwool and other brands.
Can RV Sales Help Camping World Overcome Investment Risks?
Camping World Holdings Inc.’s $1.8 billion in debt might seem like too much to bear, but the vision of CEO Marcus Lemonis and the strength of the U.S. RV market should provide the tailwinds the company needs to overcome exorbitant costs and position itself for accelerated growth in 2019.
Aisle Talk Week Of August 6
Top headlines from the active lifestyle industry you may have missed this week, including Nike Inc. facing a class-action lawsuit for discrimination.
Firearms Unit Next Divestiture For Vista Outdoor
One month after Vista Outdoor Inc. announced an agreement to sell Bollé, Cébé and Serengeti, the company said firearms should be the next business unit to go—likely before divesting the company’s sports protection brands.
Camping World Hit By Softness And Ramped-Up Investments At Gander
Shares of Camping World fell $3.17, or 14.3 percent, to $19.04 on Wednesday after the retailer reported both earnings and sales missed Wall Street targets and lowered the company’s profit outlook for the year. The RV retailer was impacted by losses at Gander Outdoors during the quarter as well as ramped-up investments to roll out Gander RV sections at Gander’s locations.
SGB Executive Q&A: Velocity Outdoor CEO Bob Beckwith
A new chapter is underway at Crosman Corp.—now known as Velocity Outdoor—the holding company of such well-known sportsman’s brands as Crosman, Benjamin, CenterPoint Archery, CenterPoint Optics, LaserMax and Game Face Airsoft. CEO Bob Beckwith spoke with SGB about the rebrand.
Asics Shows Steep Q2 Loss In Americas
Asics Corp. showed an operating loss of ¥1 billion ($8.98 mm) in the American region in the second quarter ended June 30 as sales tumbled 17.7 percent in period.
Tariffs Only Creating Indirect Headwind For Sturm Ruger
Although Sturm, Ruger & Company Inc. sources steel domestically, meaning the new tariffs on Chinese products aren’t directly impacting the gun manufacturer, the rising demand for U.S. steel is causing some indirect headwinds for the company.
Aisle Talk Week of July 30
Top headlines from the active lifestyle industry you may have missed this week, including Shimano releasing the company’s earnings for the first half of 2018.
Winchester’s Q2 Profits Sink On Rising Raw Material Costs
Winchester’s income before taxes declined 37.9 percent in the second quarter to $11.8 million compared to $19.0 million in the second quarter 2017, according to the gun maker’s parent, Olin Corp.
Weakness In Camping, Water Sports Sinks Big 5 Sporting Goods’ Q2
Poor weather around the country stymied the sales of camping and water sports products at Big 5 Sporting Goods Corp. stores in the back half of the second quarter, driving down income and revenue for the company during the period.
Shares of Rocky Brands Soar On Earnings Beat
Shares of Rocky Brands jumped $6.00, or 23.2 percent, to $31.85 after the boot maker delivered earnings that ran past Wall Street’s targets. Georgia Boot, Durango and Rocky Boot all delivered robust growth in the quarter at healthy margins.
Beyond Product: Industry Trends, Brand Stories Take Center Stage At OR
New product releases tend to garner most of the headlines at trade shows, but at Outdoor Retailer Summer Market, SGB’s editorial team also wanted to discover what’s happening with brands beyond the latest and greatest gear and apparel. Here are some of the stories and industry trends we found and hints of what’s to come.
Aisle Talk Week of July 23
Top headlines from the active lifestyle industry you may have missed this week, including the U.S. House of Representatives approving the Personal Health Investment Today (PHIT) Act, which allows the use of pre-tax savings accounts for physical activity-related expenses.
