SGB Update Outdoor

Hipcamp Acquires BookOutdoors

Campsite booking platform Hipcamp announced the acquisition of BookOutdoors, an online travel booking platform for campgrounds, RV parks, cabins, and glamping resorts.

Rocky Brands’ Q3 Profits Slide on 8.8 Percent Sales Decline

The sales decline reflects a 15.7 drop in wholesale revenues due to softness in work, outdoor and commercial military categories. Jason Brooks, CEO, said, “While cautious consumer spending outside of peak shopping periods and warm, dry weather acted as headwinds this quarter, the underlying strength of our business remains intact.”

Consumer Confidence Bounces Back In October

The Conference Board reported that its Consumer Confidence Index jumped to 108.7 in October from 99.2 in September—the biggest monthly gain since March 2021. Analysts had forecast a more modest reading of 99.3.

Newell Brands Announces Upsized Debt Offering

Newell Brands announced the launch and pricing of an upsized public offering of $750 million aggregate principal amount of 6.375 percent notes due 2030 and $500 million aggregate principal amount of 6.625 percent notes due 2032.

Outdoor Retailer Parent Trims Full-Year Guidance

Emerald Holding, Inc. slightly reduced its outlook from steps taken to discontinue some of its smaller events. The operator of Outdoor Retailer, Surf Expo, Sports Licensing & Tailgate Show, and other venues also reported improved underlying earnings in the third quarter on flat sales.