SGB Update Outdoor
Import Cargo Levels Expected to See First Year-Over-Year Drop Since 2023
Import cargo at the nation’s major container ports is expected to see its first year-over-year decline in over a year and a half this month as the effect of tariffs imposed by the administration on the supply chain increases, according to the Global Port Tracker report released by the National Retail Federation and Hackett Associates.
Malibu Boats Sees Fiscal Q3 Sales Climb 12 Percent
Gains in the company’s Malibu segment offset declines in the Saltwater Fishing and Cobalt segments. The boat maker slightly lowered its guidance for the year due to softer retail trends and ongoing market uncertainty.
Recall Expansion: Igloo 90-Quart Flip & Tow Rolling Cooler
This recall expansion involves an additional 130,000 Igloo 90 Quart Flip & Tow Rolling Coolers manufactured before January 2024.
Fox Factory Tops Q1 Guidance
Fox Factory Holding Corp. reported first-quarter loss on a steep goodwill charged related to tariffs but adjusted earnings surpassed guidance with the benefit of cost-control efforts. Sales grew 6.5 percent with gains across its Aftermarket Applications Group (AAG), Specialty Sports Group (SSG) and Powered Vehicles Group (PVG) segments. Guidance was reaffirmed for the year.
Black Diamond Parent Posts Q1 Loss On 13 Percent Revenue Drop
Clarus Corp. posted an operating loss as a continued slowdown in the OEM channel led to a significant sales drop in its Adventure segment and ongoing SKU rationalization led to a smaller decline at Black Diamond.
CNBC/NRF Retail Monitor Reveals April Easter/Spring Break Boost
Growth in the Clothing, Footwear and Accessories store sector accelerated from the March trend, and the sector that includes Sporting Goods stores was up 9.2 percent y/y unadjusted in April after a strong 6.6 percent y/y gain in March.
SportChek’s Q1 Same-Store Sales Expand 6.3 Percent
Canadian Tire Corp. reported SportChek delivered a third consecutive quarter of comparable sales growth, up 6.3 percent, driven by strong sales across corporate and franchise stores. Skiing, snowboards, hockey, and outerwear were the top-performing categories in the quarter.
Merrell and Saucony Post DD Q1 Growth at Wolverine Worldwide
Merrell increased 13.2 percent (+14.4 percent cc) in the first quarter, and Saucony jumped 29.6 percent (+31.1 percent) year-over-year. International business increased 16.4 percent year-over-year.
Yeti Tops Analyst Estimates for Q1; Slashes Guidance on Tariffs Impact
The maker of coolers and insulated drinkware reported Q1 results that topped analyst estimates but lowered its outlook for the year due to the projected impact of tariffs and supply disruptions.
Coleman, Marmot Parent’s Debt Ratings Downgraded By S&P
S&P Global Ratings lowered the debt ratings of Newell Brands Inc., parent of Coleman, Marmot, Ex Officio, Stearns, Bubba and Contigo and other consumer brands, due to the company’s exposure to weakening discretionary demand for its products and incremental costs from announced tariffs.
Costco April Comps Grow 6.7 Percent x-Gas; E-Commerce Up High Teens
Costco Wholesale Corporation reported net sales of $21.18 billion for April, the four weeks ending May 4, 2025, an increase of 7.0 percent from $19.80 billion in 2024.
Rossignol Group Names Adam Ketcheson Chief Commercial Officer
The addition of Ketcheson, effective June 2, is expected to accelerate Rossignol’s international omni-channel deployment and contribute to its multi-season, multi-sport strategy.
NRF Chief Economist: Top-Line GDP Figures Overstate the Weakness in the Economy
The NRF reported private final sales to domestic purchasers, a measurement that focuses on consumer and business spending, were up 3.1 percent following a 2.2 percent gain in the prior quarter, suggesting a relatively steady pace of growth.
ZeroTech Optics USA Adds Elite Outdoor Sports to Expand Nationwide Reach
Elite Outdoor Sports will represent ZeroTech Optics USA in SoCal, AZ, NM, CO, UT, MT, WY, MI, IN, OH, PA, MD DE, NJ, NH, NY, MA, CT, and RI.
Solo Brands Formally Appeals Delisting Action by NYSE Regulation Staff
The company is appealing the determination of the staff of the NYSE Regulation and, if the company is successful in its appeal, NYSE may resume trading of the Class A common stock.
