SGB Update Outdoor

Cybex Gets Back into Positive Territory…

After Cybex posted a net loss last quarter, management was still optimistic about the year ahead, predicting growth in the second half. It appears the company is a quarter ahead of schedule as second quarter net sales jumped 13.0% to $27.2 million compare

Coleman Making a Comeback Under New Ownership…

Jarden Corporation, the parent company for the Coleman business, saw its second quarter sales more than triple due to the acquisitions of American Household, Coleman’s former parent company. Net sales increased 279% to $754 million compared to $199 millio

Golf Galaxy Sees Nice Spike in First Day of Trading…

It appears that the Wall Street appetite for specialty retail continues as Golf Galaxy, Inc., the 45-door golf specialty retailer based in Minnesota, closed its first day of trading on the NSDAQ exchange with a 32.9% increase in share price. GGXY shares

Skechers Sees Continued Momentum; Raises Third Quarter Guidance…

Skechers USA, Inc. certainly looks as though its multi-brand strategy is starting to pay dividends as second quarter sales and earnings growth easily outpaced expectations on Wall Street. Consolidated net sales increased 12.5% to $263.9 million in the se

The Friedrichshafen OutDoor Show: First Impressions…

With the OutDoor show in Friedrichshafen, Germany edging in three weeks before Outdoor Retailer Summer Market, a number of U.S. buyers and journalists showed up to get a sneak peek at the newest gear before the “official” launch in North America at the Ou

Exel Invests Heavily in Nordic Walking Expansion…

The Exel group’s sport division, one of the primary drivers behind the Nordic walking movement in Europe and the U.S., reported a steady first half performance with sales climbing 2.2% to €19.0 million compared to €18.6 million last year. However, investm

Johnson Outdoors Provides Insight Into Watercraft Future…

Johnson Outdoors hosted their Annual Meeting of Shareholders, celebrating the company's 35th anniversary. During the meeting, company chairman and CEO, Helen Johnson-Leipold shared her vision for the company’s future and remarked on some recent miles

Garmin Sees More Success in Outdoor Electronics in Second Quarter…

Garmin seems to have recovered from the raw material supply issues it experienced over the past two quarters with increased sales, margins, and profitability during the second quarter. The consumer segment, which includes outdoor and fitness oriented GPS

OIA Applauds Senators’ Work to Keep LWCF Alive…

Created in 1964, the LWCF Act directed $900 million per year to create and protect America’s parks, forests, and wildlife refuges. Earlier this year, both the House and the Bush Administration advocated zeroing out the program. However, The Senate Interio

Golf Galaxy Hits Public Market; IPO Prices Over Offering

Golf Galaxy, Inc. on Thursday announced the initial public offering of 3,950,000 shares of its common stock at $14.00 per share. The golf specailty retailer had planned the IPO in the $11 to $13 range. Golf Galaxy has granted the underwriters an option t

Black Diamond Wins AMGA Industry Award

Black Diamond Equipment is the 2005 recipient of the American Mountain Guides Association’s Industry Award. AMGA Executive Director Mike Alkaitis will present the award to Peter Metcalf, CEO of Black Diamond, at this August’s Outdoor Retailer Show.

ATTA Announces Adventure Travel World Summit

Featuring executives and luminaries from World Bank, Yahoo!, Microsoft, NBC Today Show, Orbitz, Recreational Equipment, National Geographic Adventures Magazine, The Travel Institute, and dozens of respected and influential adventure travel industry expert

Confluence Launches New Paddling Fitness Program

In an effort to draw more fitness enthusiasts to the sport of paddling, and to also offer beginning and serious paddlers a great way to improve their on water paddling experience, Confluence, in conjunction with fitness experts, has developed a new Kayak