Johnson Outdoors’ CFO to Retire
Johnson Outdoors, Inc. reported that David Johnson, VP and long-time CFO, intends to retire later this year, according to a regulatory filing. The company is commencing a succession process to identify a successor.
Revel Bikes Appoints Global Brand Strategist
Revel Bikes announced that Chris Reichel has returned to the company as global brand strategist. Previously, Reichel was Revel’s marketing director from May 2019 to January 2023. Most recently, Reichel was the marketing director at Esker Cycles.
Nike to Record $300M in Restructuring Charges to Cover Layoffs
Nike, Inc. said in a regulatory filing that it expects to take a pretax charge of about $300 million, mostly in the fiscal third quarter, because of employee severance costs over a nine-month period ending February 28. Nike did not specify how many jobs the company had cut.
Costco’s Fiscal Q2 Earnings Rise 14 Percent
Profits at Costco Wholesale Corporation climbed 13.8 percent in the fiscal second quarter ended February 15 on a 9.1 percent sales gain.
Journeys Parent Genesco Delivers Robust Holiday Quarter
Genesco, Inc. reported earnings on an adjusted basis improved 12.2 percent in the fourth quarter, topping guidance. Comparable sales increased 9 percent, led by a 12 percent surge at Journeys. The quarter marked Genesco’s sixth consecutive quarter of positive comp growth.
Smith & Wesson Cranks Out 17 Percent Fiscal Q3 Revenue Gain
Smith & Wesson Brands, Inc. reported earnings on an adjusted basis catapulted 157 percent in the fiscal third quarter ended January 31 as sales climbed 17.1 percent on robust handgun sales. The company expects fiscal fourth-quarter sales to increase roughly 10 percent to 12 percent.
Black Diamond and RockyMounts Parent Posts Q4 Declines in Both Segments
Outdoor segment sales decreased 8 percent to $47.2 million, compared to $51.1 million in the same year-ago quarter. Adventure segment sales decreased 10 percent y/y to $18.2 million.
Traeger’s Q4 Revenues Slump 14 Percent, Profitability Improves
Traeger, Inc. reported sales declined 13.8 percent in the fourth quarter, but operating earnings on an adjusted basis improved and both sales and earnings topped guidance. Jeremy Andrus, CEO of Traeger, said, “We took deliberate decisions to navigate tariff pressure, protect profitability and simplify the business in ways that strengthen our foundation for the long term.”
GoPro’s Shrinks Loss in Q4 on Flat Sales
GoPro, Inc. reported a lower loss on an adjusted basis in the fourth quarter on flat sales. The operating loss in the year narrowed as expense reductions offset a $20 million tariff-related charge.
The Picklr to Open Two New Member Clubs in Orange County, California
The Picklr Fountain Valley will occupy 19,700 square feet and be located on Magnolia Street in Fountain Valley, CA. The Picklr Rancho Santa Margarita, at 27,000 square feet, will be located in El Paseo in Rancho Santa Margarita, CA.
BJ’s Wholesale Club Closes 2025 on Solid Note but FY Profits Outpace Q4 Gain
Net sales for the fiscal fourth quarter rose 5.5 percent year-over-year (y/y) to $5.45 billion. Total revenue, which includes membership fee income, increased 5.6 percent y/y. Comparable club sales increased 1.6 percent y/y in the fourth quarter.
NSSF: Adjusted NICS Background Checks Positive for Second Straight Month
The National Shooting Sports Foundation (NSSF) reported that the February 2026 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure increased by 3.5 percent year-over-year, marking a second consecutive month of increases.
Lululemon’s Founder Chip Wilson Launches Website to Support Proxy Fight
The site, ww.CreativityFirstlulu.com, presents Wilson’s case for governance and strategic change, spotlights his three independent director nominees—Marc Maurer, Laura Gentile and Eric Hirshberg—and announces an intended Schedule 14A proxy filing and GOLD universal proxy card.
The Buckle’s February Comps Grow 8 Percent
The Buckle Inc. reported comparable store sales jumped 8 percent for the four-week period ended February 28.
Burlington Stores Q4 Results Top Guidance, Comps Climb 4 Percent
Burlington Stores, Inc. reported earnings rose 19.9 percent on an adjusted basis in the fourth quarter ended January 31 on a 4 percent comp gain, exceeding guidance. The off-pricer expects comps in the current year to climb in the range of 1 percent to 3 percent.
