Vista Outdoor Appoints CEO of Outdoor Products Segment
Vista Outdoor, Inc. hired Eric Nyman as CEO of the company’s Outdoor Products segment and appointed him as a board member, effective August 21. Most recently, Nyman was president and chief operating officer of Hasbro, Inc.
KOA: Fourth Of July Camping Levels Flat To 2022
The Kampgrounds of America, Inc. (KOA) Monthly Research Report, July 2023 Edition, outlines that more than 21.5 million households camped over the 4th of July holiday, a number on par with 2022 despite weather challenges in many regions; however, most campers (56 percent) shared that they have been postponing trips to occur later in the summer or fall.
Rapala VMC Cutting Jobs, Looking for Cash as H1 Results Disappoint
Rapala VMC reported that current market conditions continue to pose challenges as the de-stocking process at the retail and wholesale levels has persisted for a longer duration than the company initially anticipated.
Yamaha U.S. Marine Appoints Marine Technical Support Manager
Yamaha U.S. Marine Business Unit promoted John Wilkinson to Marine technical support manager, Yamaha Marine Customer Experience Division.
Camping World Opens First Montana Dealership
Camping World Holdings, Inc. opened an RV dealership in Billings, MT. The company is looking to grow its store count by 50 percent over the next five years.
Pradco Hunting Appoints Three Outdoor Veterans to Sales Team
Pradco Outdoor Brand’s Hunting Division hired Heath Stanford as director of sales, Jimmy Smith as national sales manager and Joshua Liley as e-commerce sales manager.
Carbitex Founder Returns as President; Outsources Manufacturing to Asia
In a strategic shift in manufacturing operations, Carbitex Founder Junus Khan is stepping back into the role of company president, and the company hired Patrick Sinner to lead brand product development.
Backpacker’s Pantry Hires Director of Marketing
Backpacker’s Pantry and Astronaut Foods hired industry veteran Chris Dickerson as its new marketing director.
Thule, Inc.’s Q2 Sales Fall on Continued Cycling Inventory Imbalances
Thule, Inc. reported another challenging quarter as sales fell 15 percent in the Swedish company’s second quarter. The decline was attributed to weak bike-related product sales as retailers focused on reducing inventory levels.
Play It Again Sports’ Parent Sees Q2 Profits Improve Sharply
Winmark Corp., the parent of Play It Again Sports, reported earnings improved 14.9 percent in the second quarter ended July 1.
Camping World Holdings Promotes Two Execs to EVP Roles
Camping World Holdings, Inc. promoted Brenda Wintrow and William Colling, II, to executive vice president roles. The company said the appointments reflected its commitment to recognizing and developing talent from within while further strengthening its leadership team as it works toward continued growth.
New Report Finds Interest in Solo Camping Jumped in 2022
A new report published by the camping information and booking app The Dyrt found that there was a growing interest in camping alone among its community.
U.S. Trade Activity Rebounds But Global Trend Continues to Weaken
Volume of new orders and invoices exchanged between U.S. buyers and their suppliers grew at 3 points above its expected range in Q2, recovering from a level 6 points below the baseline in the previous two quarters.
Brunswick Corp. Warns on IT Security Event Impact on Q2, Full Year EPS
Brunswick Corp. said the preliminary results are below initial expectations for the quarter due solely to the impacts of the recent IT security incident that was disclosed in June. Full-year Adjusted EPS expectations are estimated at approximately $9.50 per share.
Retail Sales Up Again in June Despite Slower Job Growth
The U.S. Census Bureau is reporting overall retail sales in June were up 0.2 percent from May and up 1.5 percent year-over-year (YoY). Sporting goods stores were down 1 percent MoM seasonally adjusted and down 0.9 percent unadjusted YoY.
