SGB Update Outdoor
Canada Goose Posts Surprise Profit, Lifts Fiscal 2022 Outlook
Canada Goose Holdings Inc. reported a profit in the second quarter ended September 26, beating Wall Street’s targets that had been calling for a loss. Total revenue increased by 19.6 percent and 40.3 percent excluding year-ago PPE sales.
Dorel Sports Sees Flattish Q3 Sales Due To Supply Chain Disruptions
Dorel Industries reported that third-quarter revenue at its Dorel Sports segment was US$303.6 million, a slight decrease of US$2.0 million, or 0.6 percent from last year.
REI Sets Opening Date For First Store In Maine
REI Co-op is opening its first store in Maine on November 12. The store is located in the Rock Row Development in Westbrook and covers 24,000 square feet of space.
Deckers Sets Targets To Reduce Its Emissions
Deckers Brands announced it has set science-based targets to reduce its emissions and also released its Fiscal Year 2021 corporate responsibility and sustainability report, “Creating Change.”
Guidefitter Hires Vice President Of Marketing
Guidefitter, based in Bozeman, MT, has hired Beth Brennan as vice president of marketing. Brennan was formerly chief marketing officer for Go Fast Campers.
Vista Outdoor’s Q2 Sales Climb 35 Percent
Vista Outdoor Inc. reported earnings in the second quarter ended September 26 jumped 75.2 percent on a 35 percent revenue gain, well above Wall Street’s targets. Sales grew 49 percent in the Shooting Sports segment and 9 percent in its Outdoor Products segment.
U.S. Fishing Equipment Market Reels In Nearly $4 Billion, NPD Reports
In the 12 months ended September 2021, U.S. fishing equipment in-store and online sales revenues across mass merchants and sporting goods retailers, including e-commerce, grew 4 percent, year-over-year, reaching $3.9 billion, according to the NPD Group.
Scarpa North America Promotes From Within
Scarpa North America, the wholly-owned U.S. and Canadian distributor for Scarpa, announced it had promoted Melanie Hood to director of marketing and communications and Joe Higby as VP of Finance.
Black Diamond To Expand Retail Presence In U.S.
Black Diamond Equipment announced it would open two retail stores this winter in Jackson Hole, WY and Burlington, VT followed by a third retail location in Bend, OR, scheduled to open in Spring 2022.
Bogs Q3 Sales Impacted By Production And Shipping Delays
Weyco Group Inc. reported sales for the third quarter rose 16.2 percent. In the North American wholesale segment, sales of legacy brands (Florsheim, Stacy Adams, and Nunn Bush) all grew against depressed year-ago comparisons tied to the pandemic. Sales of Bogs fell 8 percent mainly due to production and shipping delays from manufacturers in Asia.
Weyco Announces Retirement Of CFO
Weyco Group Inc. announced that John F. Wittkowske, the company’s senior vice president, chief financial officer and secretary, would retire effective May 6, 2022. Wittkowske will be succeeded by Judy Anderson as the company’s chief financial officer and secretary.
Dick’s SG And Nike To Integrate Loyalty Programs In Connected Partnership
Dick’s Sporting Goods and Nike Inc. said its customers could now connect their Dick’s Scorecard and Nike Membership accounts through Dick’s mobile app as part of a new connected partnership to gain access to products, experiences and offers.
Norrøna Adds Canadian Sales Representation
Norrøna announced a partnership with Canadian sales representative Ryan Letchford, founder and lead rep of Squamish-based Wabi Sabi sales agency.
Boardriders Appoints New Quiksilver And RVCA Leaders
Boardriders Inc. announced the appointment of Brad Blankinship as global general manager, Quiksilver and David Brooks as global general manager, RVCA.
Camping World Lifts Outlook On Strong Q3
Camping World Holdings Inc. raised its full-year guidance after reporting earnings in the third quarter ended September 30 advanced 22.3 percent on a 14.2 percent gain.
