Smith and Wesson Ups Guidance After Q2 Surprise
Smith & Wesson Holding Corporation nudged up its earnings and revenue guidance for the fiscal year after reporting an unexpected surge in demand that triggered higher production rates and gross margins at its firearms manufacturing plants during the fisca
Tilly’s Inc. Q2 Earnings Slide
Tilly's Inc. reported second-quarter earnings slumped 55.8 percent to $560,000, or 2 cents a share, hurt by higher expenses. Revenues rose 5.7 percent to $130 million but comparable-store sales inched up only 0.5 percent…
Billabong Returns to Profitability
Billabong International Ltd. reported of a net profit of Australian $4.2 million in its year ended June 30 compared to a AUS$233.7 million loss in fiscal 2014. The Group returned to full-year EBITDA growth for the first time since 2008 with the first full
Walmart Halts Sale of Modern Sports Rifles
Walmart, the nation's largest seller of guns and ammo, said it will stop selling AR-15-style modern sport rifles, semi-automatic shotguns and some other firearms this fall for business reasons…
Amer Sports Releases New Financial Targets
Amer Sports expects revenues to hit €3.5 billion by 2020 via a minimum of single-digit organic, currency-neutral growth, according to new financial targets released Thursday…
PVH Lifts FY Guidance as Q2 Beats Plan
PVH Corp., the parent of Speedo and Izod, raised its full-year guidance after reporting above-plan second quarter results…
Fanatics Secures $300 Million in PE Funding
Fanatics has received a $300 million investment from PE firm Silver Lake Partners, according to a report from Fortune…
Walmart Drops MSRs in Pivot Toward Shooting Clubs
Walmart will return whatever modern sporting rifles (MSRs) and accessories it can’t sell by the end of next week to vendors and replace them with rifles and shotguns, a company spokesman told Sports Executive Weekly Thursday…
RECALL: 260 Huffy Bicycles
Huffy is recalling about 460 bicycles because an open quick release lever on the bicycle’s front wheel hub can come into contact with the front disc brake assembly, causing…
Remington Outdoor Postpones Q2 Earnings Call
Remington Outdoor Company pushed out its second quarter earnings call until Sept. 1 even though it reported results for the period on Aug. 20…
Skechers to Sponsor LA Marathon
Skechers has signed on as the title sponsor of the LA Marathon. The deal replaces two-year sponsor Asics and changes the race’s official name from the Asics LA Marathon to the Skechers Performance Los Angeles Marathon…
Ironman to Be Acquired by China’s Dalian Wanda
Dalian Wanda Group Co., Ltd., one of the leading Chinese private conglomerates, has reached an agreement to acquire 100 percent of the World Triathlon Corporation, the owner of the Ironman brand and races, for $650 million…
Sportsman’s Warehouse Beats Q2 EPS Estimates
Sportsman's Warehouse Holdings Inc. reported better than expected earnings for the 13 weeks ended Aug. 1, as sales from new stores and firming prices boosted margins…
Outdoor Retailer to Stay in Salt Lake Through 2018
Show organizers for the Outdoor Retailer show announced last week that they agreed to extend its contract with Salt Lake City through Summer 2018. The show had been contracted to stay in Salt Lake City through August 2016…
Nautilus, Inc. Provides Update on Share Repurchase Program
Nautilus, Inc. provided an update on its previously announced $15 million share repurchase program authorized by the company’s noard of directors in November 2014. Nautilus said it has repurchased $6.6 million…
