SGB Update Outdoor

Yeti Raises Outlook On Better-Than-Expected Q3

Yeti Holdings, Inc. slightly raised its guidance for the year after reporting third-quarter results that topped Wall Street analysts’ targets. Sales grew 23 percent in the quarter on top of 29 percent growth in the 2019 quarter.

Ignik Announces Key Hires

Ignik announced it has added three new employees to its team—Ryan Flynn, Brandon Ramirez and Andrew Lovejoy.

Newell Brands Debt Ratings Outlook Upgraded

Moody’s Investors Service revised its debt rating outlook on Newell Brands Inc. to positive from stable due to the company’s increased priority on prioritizing reducing leverage.

Canada Goose Achieves Responsible Down Certification

Canada Goose announced that it has achieved certification under the Responsible Down Standard (RDS*). With this accreditation, the brand joins other Responsible Down Certified global manufacturers who embrace sustainability and animal welfare.

Jack Wolfskin Appoints GM Commercial Europe

Jack Wolfskin Europe has appointed Natascha El Mahmoud, most recently as VP sales, as general manager, commercial, Europe as part of its new commercial management structure.

MacNeill Pride Group Acquires Rightline Gear

MacNeill Pride Group (MPG), designer and manufacturer of outdoor products and sporting goods, announced it had acquired Rightline Gear, an Asheville, NC-based outdoor and automotive gear designer. The terms of the transaction were not disclosed.

Clarus Sees Q3 Sales Surge 69 Percent

Clarus Corp reported earnings on an adjusted basis surged 97 percent in the third quarter as sales grew 69 percent in the third quarter. Black Diamond sales were up 20 percent and Sierra sales were up 100 percent, or 13 percent excluding Barnes.

Fox Factory Sees Sales Jump 33 Percent In Third Quarter

Fox Factory Holding Corp. reported sales in the third quarter rose 33.3 percent. The increase reflects a 48.1 percent increase in Specialty Sports Group sales and a 22.8 percent increase in Powered Vehicles Group sales.