On’s second-quarter results arrived far ahead of Wall Street’s targets as the Swiss running brand was able to overcome supply chain challenges and capitalize on particularly strong demand in North America. On raised its outlook for the year. Caspar Coppetti, executive co-chairman, said, ““All geographies, channels and categories contributed strongly to this outstanding result.”
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On Lifts Guidance On North America Momentum
Swiss running brand On raised its earnings and sales guidance for the year after reporting quarterly results again exceeded expectations. Sales in the second quarter climbed 66.6 percent, driven by strong wholesale growth of 70.1 percent, DTC growth of 60.8 percent and continued momentum in the North America region, growing at 102.5 percent.
EXEC: Asics North America Slowed By Supply Chain Snarls In First Half
Asics reported an operational loss in its North America segment in the six months due to reduced gross margins as well as higher operating expenses tied to higher e-commerce sales. Sales declined 2.7 percent on a currency-neutral basis, impacted by supply chain disruption.
American Outdoor Brands Appoints Independent Director
Bradley T. Favreau was appointed an independent director to American Outdoor Brand, Inc.’s Board of Directors immediately, with his term expiring at the Company’s 2023 Annual Meeting of Stockholders.
Aqualung Group Names President, North America
Aqualung Group, the manufacturer of diving equipment and watersports, named Scott Rittschof president of Aqualung Group, North America.
Exec: Puma’s Q2 Boosted By Momentum In The Americas And EMEA
Puma reported stronger than expected second-quarter results as healthy double-digit growth in the Americas and the EMEA region offset weakness in China. Puma raised its sales guidance for the year but maintained its EPS outlook due to potential margin pressures.
PGA Of America And Elysian Park Ventures Launch Investment Vehicle
The Professional Golf Association (PGA) of America announced plans to launch a dedicated funding vehicle with Elysian Park Ventures, the investment arm of Major League Baseball’s (MLB) Los Angeles Dodgers, to support golf innovation.
Moultrie Mobile Releases Edge Cellular Trail Camera With Auto Connect Technology
Moultrie Mobile, the manufacturer of cellular trail cameras and all-in-one remote monitoring systems released its cellular trail camera, the Edge, with built-in memory, flexible power options and Auto Connect Technology. With the Edge, consumers don’t have to select a carrier-specific camera to match the cellular coverage options for each camera location. Using Auto Connect Technology, […]
Moultrie Mobile Releases New Edge Cellular Trail Camera with Auto Connect Technology
Moultrie Mobile, a leading pioneer in cellular trail cameras and all-in-one remote monitoring systems, today announced the release of its latest cellular trail camera, the Edge. Designed with innovative features that enhance performance and user experience, the Edge is unrivaled in ease of setup and includes built-in memory, flexible power options and an all-new Auto […]
Hayes Performance Systems Appoints Marketing Manager For Americas
Hayes Performance Systems, the maker of brakes, suspension systems, wheels, and cycling components, announced the addition of Jake Segrin to the bike group’s marketing team as marketing manager, Americas.
Primus North America Retains Sespe Group
Primus, the Swedish cooking equipment brand, partnered with sales agency Sespe Group for regional representation in California, Arizona, Nevada, and Hawaii.
Original Penguin’s Ambassador Cameron Smith Wins 150th Open At St. Andrews
Original Penguin by Munsingwear, within the golf division of Perry Ellis International, Inc., congratulates brand ambassador Cameron Smith for winning the 150th Open at the Old Course at St. Andrews for his first major and third worldwide victory this year. “We congratulate Cameron for winning the 150th Open in a stirring come-from-behind record-setting fashion,” said […]
Original Penguin Ambassador Cameron Smith Wins 150th Open At St. Andrews
Original Penguin by Munsingwear, within the golf division of Perry Ellis International, Inc., congratulates brand ambassador Cameron Smith for winning the 150th Open at the Old Course at St. Andrews for his first major and third worldwide victory this year. “We congratulate Cameron for winning the 150th Open in a stirring come-from-behind record-setting fashion,” said […]
American Outdoor Brands’ Shares Drop On Cloudy Outlook
American Outdoor Brands reported results for the fiscal fourth quarter that topped Wall Street targets. Still, shares in mid-day trading Friday were down about 10 percent after the outdoor accessories maker declined to provide guidance for the current fiscal year due to an uncertain inventory environment at retail in the back half of the year.
American Outdoor Brands’ Quarterly Sales Slump 29 Percent
American Outdoor Brands, Inc. reported sales fell 28.8 percent in the fourth quarter and 10.5 percent in the fiscal year ended April 30.
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