SGB Executive Sportsmans
Active Lifestyle Vendors Deliver Robust Q1
A wide majority of vendors in the actve lifestyle space reported first-quarter results that topped Wall Street’s expectations with many raising guidance for the year. Among brands, Vans, Champion, Puma and Callaway Golf stood out with healthy double-digit top-line growth but earnings from Nike, Deckers Outdoor, Columbia Sportswear and Wolverine Worldwide all easily topped Wall Street’s targets.
May M&A Roundup: Shakeup In Firearms, Outdoor Sectors
Although May was a relatively slow month for mergers and acquisitions activity in the outdoor and active lifestyle space, a few eye-opening transactions dominated headlines because they fell outside the scope of traditional deals.
Aisle Talk Week of May 28
Top headlines from the active lifestyle industry you may have missed this week, including the potential for an Eddie Bauer and Pacific Sunwear merger.
Firearms Fallout Fizzles As Dick’s Sporting Goods Surges In Q1
Dick’s Sporting Goods’ recent policy refusing to sell firearms resulted in plenty of PR fallout but it hasn’t affected the retail giant’s bottom line. The Pittsburgh, PA-based company easily beat Wall Street’s estimates for the first quarter ended May 5 through strength in other categories, including an especially solid performance in private label sales, which led to higher margins.
Aisle Talk Week Of May 21
Top headlines from the active lifestyle industry you may have missed this week.
Can Sportsman’s Warehouse Sustain Firearms Growth?
Firearms and ammunition revenue growth boosted Sportsman’s Warehouse in the first quarter, but it’s too soon to say how much the retailer is benefiting from its competitors pulling out of gun sales and how well these categories will perform throughout the year.
LL.Bean Chairman Urges UNH Grads To Lead ‘Adventure-Filled” Lives
In his commencement address for the University of New Hampshire’s 2018 graduating class, Shawn Gorman, L.L.Bean’s chairman, called the outdoors “a critical antidote to this hyper-competitive, hyper-stressed, tech-driven world we live in.” While technology powers the world in wonderful ways, “it will never fill your soul like a sunrise in the mountains,” he said.
U.S.-China Trade War ‘On Hold’ … But Should Companies Remain Wary?
The looming trade war with China that dominated headlines all spring and forced U.S. companies to fear heavy tariffs on their imports is now on hold. But is it really?
Aisle Talk Week Of May 14
Top headlines from the active lifestyle industry you may have missed this week.
Boot Barn Tops Guidance On Double-Digit Comp Growth
Boosted by significant improvement in the retailer’s ladies business and the roll out a new performance-boot platform, Boot Barn reported same-store sales grew 12.1 percent in the fourth quarter ended March 31 while earnings came in well ahead of guidance.
Aisle Talk Week Of May 7
Top headlines from the active lifestyle industry you may have missed this week, including Herschel Walker (pictured) being appointed to President Trump’s Council on Sports, Fitness and Nutrition.
Sturm, Ruger’s Shareholders Force Company To Address Gun Safety
Sturm Ruger will track and report on gun violence involving the company’s products, after shareholders backed a proposal that the company’s board had recommended not adopting.
Despite Delays, Gander Outdoors Openings Off To Solid Start
Camping World Inc. remains “very encouraged” with the initial performance of the company’s re-opened Gander Outdoors locations, although officials admitted that some stores are opening later than initially planned because of the complexities involved in re-opening so many stores.
Ammunition, Apparel Carry Clarus To Robust Q1
Even though Clarus Corp. missed analysts’ estimates on income in the first quarter, the parent company of Black Diamond, Sierra Bullets and Pieps exceeded revenue expectations behind the strength in ammunition and apparel.
Delta Apparel Q2 Boosted By Salt Life, DTG2Go
Fighting off higher raw material prices, Delta Apparel saw both sales and earnings increase year-over-year after adjusting for last year’s sale of Junkfood Clothing. Sales were boosted by the acquisition of DTG2Go and a 7 percent gain at Salt Life that offset a slight decline at Soffe.
