SGB Outdoor

Haro Bicycles Names COO

Haro Bicycles, based in Vista, CA, promoted Doss Barnes to chief operations officer, one year after joining the company as director of supply chain.

S&P Raises Authentic Brands Debt Ratings on Improved Performance

S&P Global Ratings raised the debt rating of Authentic Brands Group, LLC after the company outperformed its previous forecast for its sizable 2022 acquisition of Reebok and recently-closed acquisition of Boardriders, Inc. S&P said the company funded the Boardriders acquisition with less debt than previously expected due to new equity from its financial sponsors.

Thor Industries’ Fiscal Year EPS Hammered as Sales Fall 32 Percent

Thor Industries, Inc.’s profits tumbled 67.9 percent on a 28.4 percent revenue decline in the fiscal fourth quarter ended July 31 but both came in well above analyst targets. The RV maker predicted sales will decline about 3 percent in the current fiscal year following a 31.8 percent slide this past fiscal year.

Dick’s to Close Nearly All Moosejaw Stores

Moosejaw, the outdoor specialty retailer acquired by Dick’s Sporting Goods in March, is closing 11 of 14 stores in a realignment of Dick’s outdoor specialty business, including the company’s Public Lands’ store concept. Moosejaw’s headquartered in Madison Heights, MI, is also closing.