SGB Outdoor

Coleman, Marmot Parent’s Debt Ratings Downgraded By S&P

S&P Global Ratings lowered the debt ratings of Newell Brands Inc., parent of Coleman, Marmot, Ex Officio, Stearns, Bubba and Contigo and other consumer brands, due to the company’s exposure to weakening discretionary demand for its products and incremental costs from announced tariffs.

RumbleOn’s Sales Slide 20 Percent In First Quarter

The U.S. online marketplace and powersports retailer, known for its Ridenow Powersports dealerships, reported revenues dropped 20.5 percent to $244.7 million in the first quarter ended March 31, driven by sharp declines in both its powersports and vehicle transportation services segments.

KTB Increases Helly Hansen Outlook; Sees Brand Adding $50M to 2025 Cash Flow

Kontoor Brands, which agreed to acquire Helly Hansen in February, slightly lowered its sales outlook for the year as first-quarter sales missed Wall Street’s targets due to flat sales in its core denim business, comprising of Wrangler and Lee. The firm kept its EPS guidance although it expects a $50 million negative impact on operating income from recently enacted changes in tariffs not yet included in the updated guidance.