Under Armour’s Q1 Tops Wall Street’s Targets
Under Armour Inc. reported break-even results in the first quarter, exceeding Wall Street’s expectation. Sales also came in slightly ahead of expectations. Sales in North America were flat while international growth was 27 percent. The company maintained its guidance for the year.
Vista Outdoor To Explore Divestitures On Non-Core Brands
Vista Outdoor Inc. reported that the company plans to explore the divestiture of the Sports Protection brands (e.g. Bell, Gir, and Blackburn), Jimmy Styks paddle boards, and Savage and Stevens firearms as part of a strategic business transformation plan.
Gander Outdoors Prepares For Grand Opening In Greensboro, NC
The store will be be one of five Gander Outdoors retail locations in North Carolina.
Tactical Solutions Names Bill Hicks And Co. As Newest Distributor
Tactical Solutions, the rimfire firearm, rimfire conversion, and rimfire accessory specialist, has named Bill Hicks and Co. as an official distributor.
Aisle Talk Week Of April 23
Top headlines from the active lifestyle industry you may have missed this week.
Academy Sports Opens Store In Rolla, MO
Academy Sports + Outdoors opened the company’s first store in Rolla, MO.
Balanced Portfolio, Channel Strategy Fuels Rocky Brands’ Q1
Though Rocky Brands Inc. narrowly missed Wall Street’s revenue estimates in the first quarter, the Nelsonville, OH-based company rode a healthy balance across portfolio and sales channels to more than double net income from the same quarter a year ago.
Shimano’s Q1 Boosted By Fishing Momentum, Cost Controls
Shimano’s earnings showed some recovery in the first quarter with the help of strong expense controls, a profit uptick in the company’s Fishing Tackle segment and a modest earnings gain in Bicycle Components.
Gander Outdoors To Open In Greensburg And Saginaw
Gander Outdoors, formerly known as Gander Mountain, set grand opening events for new stores in Greensburg, PA and Saginaw, MI.
Boot Barn Acquires Three-Store Boot Chain In Texas
Boot Barn Holdings Inc. acquired certain assets of Lone Star Western & Casual LLC, an individually-owned retail company with three stores in Waxahachie, Corsicana and Athens in Texas.
New Sales Chief For Primos, Gold Tip And Bee Stinger
Hunting and archery brands Primos Hunting, Gold Tip and Bee Stinger have named industry veteran Jason Harris vice president of sales and entered into a strategic partnership with sales representation firm Ken Jefferies and Associates.
Rocky Brands Net Income Climbs On Wholesale & Retail Strength
Rocky Brands Inc. reported first quarter net income of $3.3 million, or 44 cents per diluted share, up more than double from the company’s net income of $1.5 million, or 20 cents per diluted share, in the first quarter of 2017.
Newell Brands Averts Proxy Battle
The battle over board seats at Newell Brands has come to a quicker-than-expected end. But the divestitures will continue.
Yeti Coolers Ends Relationship With The NRA
Yeti Coolers has cut ties with the NRA Foundation, the NRA announced. Yeti called it an “outdated” discount program and asserted the NRA-ILA’s statement criticizing the company is incorrect.
Escalade’s Earnings Dip In Part On E-Com Investments
Escalade Inc. reported that its key archery category is finally showing some signs of stabilizing but investments in new businesses and e-commerce brought down earnings slightly in the first quarter.
