Results for ""eric smith""

Fox Factory Holding Corp. shares were up in the mid-single digits Wednesday morning after reporting an earnings and revenue beat for the fourth quarter driven by strength across all categories, including the company’s Specialty Sports Group. That segment includes Fox Factory’s bike component brands—Fox, Marzocchi, Easton cycling and RaceFace.

The coronavirus, or COVID-19, is wreaking havoc across the global supply chain. SGB Executive’s latest report looks at the outbreak’s economic impact on the active lifestyle marketplace, including how companies, consumers and even trade show operators are reacting.

BSN Sports dominated last month’s M&A activity. The Dallas, TX-based team sports apparel and equipment distributor announced a trio of acquisitions in February, bringing the company’s 2020 total to four. Also, the boutique outdoor and active lifestyle public relations firm CGPR found a new home with a larger agency in a deal that provides synergies for both.

Acushnet Holdings Corp. is riding an impressive wave of momentum into 2020. But the Fairhaven, MA-based parent of Titleist and other brands is facing a sizeable hazard midway through the first quarter, one that should be a drag on the top and bottom lines for at least the first half of the year—the coronavirus.

Last year, Camping World Holdings Inc. closed or sold more than 60 locations that didn’t sell or service RVs, a move took a toll on 2019 results by causing some short-term revenue and earnings pressure. But as Camping World turns the page on its retail model and refocuses on its core RV business, the company appears better positioned for 2020 and beyond.

5.11 Tactical, the apparel and gear brand owned by Compass Diversified Holdings LLC (CODI), truly found its stride in 2019 and Q4, in particular. The brand posted its second consecutive quarter of double-digit revenue growth and fourth consecutive quarter of double-digit EBITDA growth. Here’s how 5.11 did it and what’s in store for 2020 and beyond.

The TJX Cos. Inc. clearly doesn’t subscribe to the “retail apocalypse.” The parent of T.J. Maxx, Marshalls, Sierra and other retailers added 223 net stores in 2019 even as competitors shuttered doors. On TJX’s earnings call this week, CEO Ernie Herrman shared some of the reasoning behind the company’s ability to buck the wider industry trend.

When Rocky Brands Inc. was awarded “seller-fulfilled status” on Amazon Prime last year, it opened up a new channel—and significant new high-margin revenue opportunities—for the Nelsonville, OH-based company. The program provided a lift for Rocky Brands in the fourth quarter and should boost the company throughout 2020.

On Monday’s fourth-quarter earnings conference call, Nautilus Inc. CEO Jim Barr admitted that the Vancouver, WA-based fitness manufacturer got a late start bringing connected equipment to the marketplace. Despite being late to the category, Nautilus has shifted into high gear and is spinning furiously to gain ground on leaders like Peloton, Echelon and others.

FW Apparel (the FW is pronounced “forward”) is the skiwear brand that launched last fall. With its inaugural season not yet completed, FW Apparel—whose sister company is Faction Skis—has already begun targeting bigger aspirations for year two. Brand director Olivier Gouby, aka “OG,” spoke with SGB Executive at the recent Outdoor + Snow Show about FW’s lofty expectations.

In his opening remarks on this week’s earnings call with analysts, Sturm, Ruger & Co. President and CEO Chris Killoy called 2019 a “challenging” year for Ruger and the entire firearms industry, both of which were rankled by a host of headwinds. But could those winds be shifting as the 2020 presidential campaign heats up?

Top headlines from across the active lifestyle industry featured in SGB during the week of February 17, 2020.

Fresh off an acquisition and the opening of a new Woodward facility, Park City, UT-based Powdr is feeling flow. In this SGB Executive conversation, Powdr Co-President Wade Martin dishes on everything from the health of the ski resort industry to the importance of capital investment allocation to why the company doesn’t view M&A like it’s a game of Risk.

Adidas and Puma on Wednesday became the latest companies in the active lifestyle space to report that the coronavirus outbreak was taking its toll on results in 2020 while warning of further struggles if the epidemic isn’t soon contained. Read how the outbreak has been affecting Nike, VF, Columbia Sportswear, Under Armour, Canada Goose, Skechers and other industry players.

Meier Skis dubbed its Denver, CO, digs a “craft skiery”—a combination manufacturing facility and bar where patrons can learn about the brand, watch the production process and knock back a cold one. At last month’s Outdoor + Snow Show, company owner Ted Eynon dished on the concept and other initiatives brewing at the independent ski maker.