FeraDyne Outdoors Names Three New Inside Regional Sales Managers
Andy Cardwell, Jonathan Coggin and Mark Jenkins are charged with developing new business relationships and providing superior customer support to existing and prospective new members of the FeraDyne dealer base.
Sportsman’s Warehouse Opens Ninth California Location
Sportsman’s Warehouse is expanding its operations to include a new retail location in Stockton, CA.
Dick’s Sporting Goods Sees Flat Q2 Comps; Shares Fall On Ugly Outlook
Consolidated same-store sales are currently expected to decline in the low single digits in the third quarter
Ironclad Postpones Q2 Report; Updates Outlook
The company now estimates that net sales will be in the range of approximately $20 million to $22 million
Camping World Lowers Re-Opening Target For Gander Mountain
On its second-quarter conference call, Camping World now says it may reopen as few as 40 former Gander Mountain locations, far short of earlier expectations, due to challenges renegotiating leases. Camping World also confirmed that the re-opened Gander stores will be much smaller than its traditional locations and feature significantly less footwear and apparel.
Aisle Talk, Week Of August 7
Top headlines from the active lifestyle industry you may have missed this week.
FGL Sports To Miss Revenue Goals For 2017
FGL Sports, which includes Sport Chek, is now expected to miss its ambitious growth goals for 2017 due to its sluggish sales through the second quarter, according to its parent, Canadian Tire Corp.
RECALL: Ruger Precision Rifles
Sturm Ruger & Company, Inc. has issued a Safety Bulletin for certain Ruger Precision Rifles.
Camping World’s Q2 Revenues Climb 20 Percent
Camping World Holdings, which acquired Gander Mountain earlier this year, reported pro-forma earnings rose 41.6 percent on a 20.1 percent revenue gains.
Vista Outdoor’s Q1 Stung By Weakness In Shooting
Vista Outdoor’s revenues slumped 9.8 percent in the first quarter to $568.7 million as a slight gain in its Outdoor Products was offset by a steep decline in its Shooting Sports segment.
FGL Sports’ Q2 Comps Rise
Canadian Tire reported same-store sales at FGL Sports, which includes Sport Chek, rose 2.6 percent in the second quarter.
Vista Outdoor Q1 Exceeds Wall Street’s Targets
Vista Outdoor Inc.’s earnings and sales dropped in its fiscal first quarter, but results exceeded Wall Street’s expectations and the company reaffirmed its guidance for the year.
Canada Goose’s Revenues Vault In Q1
Canada Goose Holdings Inc. reported sales jumped 79.6 percent in its fiscal first quarter, boosted by its direct-to-consumer segment and earlier-than-expected wholesale shipments.
Wolverine Worldwide’s Transformation Plan Paying Dividends
Most of Wolverine Worldwide’s brands exceeded revenue expectations for the quarter while also over-delivering on operating profit goals.Among key brands, Merrell’s grew just over mid-single digits, Chaco ahead mid-teens, Saucy up slightly, Wolverine ahead double digits. Sperry was down mid-single digits.
Wolverine Worldwide Lifts Guidance On Above-Plan Q2
Wolverine Worldwide raised its guidance for the year after reporting second-quarter results that topped Wall Street’s targets. Benefiting from its transformation initiatives, most brands exceeded revenue expectations for the quarter while also over-delivering on operating profit goals.
