SGB Sports & Fitness

Altra Partners With Utah State University

Utah State University’s Outdoor Product Design and Development (OPDD) program announces a partnership with Altra Footwear, the running footwear brand known for its unique FootShape toe box and Zero Drop running shoes.

GoPro Reports 19.1 Percent Rise In Quarterly Revenue

Said Nicholas Woodman, GoPro’s Founder and CEO. “We had a great first quarter and feel good about our outlook for the second quarter. We remain on track toward our goal of returning to full-year non-GAAP profitability in 2017.”

Under Armour’s Shares Jump As Q1 Loss Less Than Feared

Shares of Under Armour rose $1.68, or 9.3 percent to $19.82 on Wednesday after the company posted a loss that was lower than Wall Street expected. Officials kept its guidance for the year but indicated that its category management initiatives are making progress.

Amer Sports’ Q1 Earnings Slip

Said Heikki Takala, president and CEO, “In the first quarter, we delivered solid growth despite the soft retail landscape especially in the US.”

Under Armour Posts First Quarterly Loss

Under Armour Inc. reported its first quarterly loss as a public company with North American revenue declining slightly due to stores closed due to bankruptcies. Results still came ahead of Wall Street’s expectations and the company retained its guidance for the year.