Brunswick Corp. Boosted by Fitness Growth
Brunswick Corporation reported consolidated net sales in the second quarter increased 8.8 percent .
Amer Sports Grows Q2 Sales 6 Percent
Amer Sports grew net sales 6 percent in currency-neutral terms in the second quarter despite taking a big hit at Wilson due to U.S. retail bankruptcies.
Adidas Lifts Guidance Again on Strong Sales
Adidas AG increased its full-year forecast for a fourth time this year after receiving boosts from the Euro 2016 tournament and a payment to bring an early close to a sponsorship deal with England’s Chelsea soccer club.
Cabela’s Q2 Profits Miss Street Targets
Cabela’s Inc. reported earnings adjusted for special items rose 1.7 percent but were two cents short of Wall Street’s consensus target.
GoPro Sales Sliced in Half, Swings to Q2 Loss as it Cleans Up Inventory
The numbers were ugly, but Wall Street saw promise in a battered GoPro stock lifting it more than 10 percent July 28 after its second-quarter earnings results.
GoPro’s Revenues Nosedive 47 Percent
GoPro swung to a quarterly loss of $91.7 million, or 66 cents per share, compared to a profit of $35 million, or 24 cents, in the same period a year earlier. However, adjusting for certain items, the company’s loss of 52 cents was better than the 58 cents Wall Street analysts were looking for.
Callaway Golf Earnings Jump
Callaway Golf Company reported a 6.5 percent increase in net sales in the second quarter and a 140 percent increase in earnings per share.
Cobi Launches Connected Biking System
Cobi, the first integrated system to make cycling a “smart” experience, is now available for purchase in 34 countries and five different languages.
Nike Lowering LeBron James Sneaker Price
Nike reportedly is reducing the price of LeBron James’ Nike signature sneakers. The upcoming LeBron 14 shoe will sell for $175, down from the $200 price tag for the LeBron 13.
Kohl’s Confirms Under Armour’s Arrival
Kohl’s confirmed that it plans to start selling Under Armour for the first time starting in early 2017.
Garmin Ups Outlook on Robust Wearables Sales
Garmin Ltd. said double-digit growth at its Fitness and Outdoor segments enabled it to blow past Wall Street estimates in the second quarter and raise its guidance for the full year.
Puma Gets Boost From Euro Cup in Q2
Puma SE delivered another round of robust results in the second quarter, gaining a boost from a solid performance of its teams at the UEFA Euro 2016 as well as traction gained around its women’s initiatives, led by Rihanna. For the fourth straight quarter, however, the sizeable gains weren’t enough for the company to raise […]
Reebok Collaborates With Tristan Eaton on Yoga Apparel
Reebok has teamed up with artist Tristan Eaton to create a street-art-inspired yoga apparel collection. Tristan Eaton is a designer, graffiti artist, street muralist, illustrator and toy designer. His work has been featured on walls and billboards, including a mural at Reebok’s Headquarters in Canton, MA. Reebok has recently been partnering with studio artists to […]
Rachel Paquette Named Honorary President, Ultra-Trail Harricana
The Ultra-Trail Harricana of Canada (UTHC), presented by The North Face, introduced Rachel Paquette as this year’s honorary president.
Gildan Activewear Q2 Sales Miss Mark, Lower Guidance
Gildan Activewear Inc. reported its fiscal second-quarter 2016 sales, ended July 3, that were slightly below company expectations due to headwinds from distributor inventory destocking in printwear, the exit of certain retail private label programs and unfavourable foreign exchange.
