SGB Update Outdoor
Camping World Opens Upstate NY Location
Camping World Holdings Inc. announced the opening of Camping World of Rochester. The SuperCenter expands RV Sales and service to the Churchville, NY area and will serve the greater Rochester market.
Kohl’s Increases Rewards Program Earn Rate To 7.5 Percent
Kohl’s announced the nationwide rollout of its new Kohl’s Rewards program enhancement that will offer all Rewards members that use their Kohl’s Card an elevated earn rate of 7.5 percent Kohl’s Rewards on every purchase. Previously, all Kohl’s Rewards members would earn 5 percent Kohl’s Rewards, regardless of payment method.
Pou Sheng Sees Decline In First Quarter Profit
China’s Pou Sheng International said it expects to report a “substantial decrease” in profits in the first quarter due to new wave of the pandemic in its operating regions.
Bass Pro To Open In Irvine, CA
Bass Pro Shops announced plans for a new superstore in Irvine, CA. The new 140,000-square-foot store, expected to open in late 2022 or early 2023, joins a Bass Pro location in Rancho Cucamonga in Southern California.
Fiocchi Acquires Lyalvale Express
Fiocchi Group, the maker of small-caliber ammunition under Fiocchi Munizioni, Fiocchi of America and Baschieri & Pellagri brands, announced the acquisition of Lyalvale Express.
Newell Brands Sees Double-Digit Growth In Outdoor & Recreation Segment
Newell Brands said its Outdoor & Recreation segment generated net sales of $388 million in the first quarter compared with $336 million in the prior-year period of 15.5 percent. The gain reflects core sales growth of 22.9 percent, partially offset by the impact of exits from low margin categories and unfavorable foreign exchange.
Fenix Outdoor’s Revenues Climb 30 Percent In First Quarter
Fenix Outdoor, based in Switzerland, reported sales grew 30 percent in the first quarter to €165.2 million ($174 mm) from €127.1 million a year ago.
Winchester’s Q1 Revenues Climb Nearly 10 Percent
Winchester sales for the first quarter were $426.7 million, up 9.6 percent compared to $389.2 million in the first quarter of 2021, according to its parent, Olin Corp. The increase in Winchester sales was primarily due to higher commercial ammunition pricing.
Osprey CEO Steps Down
Osprey announced that Layne Rigney would step down as CEO. The move follows the December sale of Osprey to Helen of Troy, Ltd.
Columbia Sportswear Raises Earnings Guidance On Q1 Beat
Columbia Sportswear Company’s earnings rose 20 percent in the first quarter ended March 31 on a 22 percent revenue gain. The company raised its EPS guidance for the year, with earnings topping Wall Street targets. Among brands, the largest gain came from Sorel, up 37 percent year-over-year, followed by Columbia, up 22 percent, with mid-single-digit gains at Prana and Mountain Hardwear.
KOA Report: A Record 57 Million Households Camped In 2021
Kampgrounds of America, Inc.’s 2022 North American Camping Report found that 57 million households reported going on at least one camping trip in 2021, an 18 percent increase compared to 2020 and the greatest year-over-year change since KOA began reporting the numbers.
Fish Monkey/Hunt Monkey Expands Management Team
Fish Monkey/Hunt Monkey announced the internal promotion of Russ Means following the recent expansion of its management team. Formerly the pro staff manager for both brands, Means assumes the director of operations role.
Gordini Makes Key Hires, Expands Sales And Marketing Team
Gordini announced key hires toward its commitment to responsible production and value-driven business best practices. The company appointed a new social and environmental impact director timed with expanding its sales and marketing team.
Sportsman’s Warehouse To Open Stores In Saratoga Springs And Stansbury Park, UT
Sportsman’s Warehouse Holdings Inc. is opening new stores this month in Saratoga Springs and Stansbury Park, UT.
Unifi’s Q3 Sales Climb 12 Percent
Unifi, Inc. reported earnings declined 56.3 percent in the third fiscal quarter ended March 27 as lower gross margins offset a 12.3 percent revenue gain. The parent of Repreve said sales and profitability were in line with expectations.
