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Active Lifestyle Market 2020 Vision … Part Three

The Editors from SGB Executive present the third and final installment of SGB’s Annual Survey that gauges what the leaders in the active lifestyle market are projecting for 2020. Comments from Brooks Running, Academy Sports + Outdoors, Feetures, United Sports Brands, Rawlings, OrderMyGear, Royal Robbins, LifeStraw and more.

2019 Year In Review: Industry C-Suites Undergo Big Changes

Change occurred at C-suites throughout the active lifestyle industry in 2019. For another one of our “year-in-review” stories, SGB has compiled the most notable ones, including the succession at Nike Inc., where John Donahoe (pictured right) replaces Mark Parker (pictured left) as president and CEO.

Online Sales Hit Record High This Holiday Season

According to Mastercard SpendingPulse holiday retail sales increased 3.4 percent with online sales growing 18.8 percent compared to 2018. Digital’s 14.6 percent share of total sales was a new high, according to Mastercard.

2019 Year In Review: M&A Accelerates Across Active Lifestyle Market

2019 saw consolidation accelerate across the active lifestyle market, but almost as remarkable as the sheer volume of M&A was the variety of deals that closed during the calendar year. Retailers and brands accounted for a majority of transactions, but a host of other privately held and publicly traded businesses pulled the trigger on industry-shifting moves. SGB has the full list from the last 12 months.

Wall Street’s Take On Dick’s Blowout Q3

Dick’s Sporting Goods Inc. last week reported third-quarter earnings handily surpassed Wall Street targets and lifted its guidance for the third time this year. A few analysts saw the progress as another sign that the sporting goods chain is well-positioned to drive healthy comps in the years ahead, but a few were still worried about margins and the payoff from ongoing investments.

Dick’s Mojo Accelerates In Q3

Shares of Dick’s Sporting Goods Inc. skyrocketed on Tuesday after the retailer reported Q3 earnings significantly eclipsed Wall Street targets on its strongest quarterly same-store sales gain since 2013. Same-store sales and earnings guidance were raised for the third time this year.

Yeti’s Q3 Boosted By New Products, DTC Expansion

Fueled by a strong new product lineup and expanding gross margins, Yeti Holdings Inc.’s earnings on an adjusted basis increased 29 percent in the third quarter on a 17 percent sales jump. The company raised its guidance for the year.