SGB Update Outdoor

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.

Rapala Expands Bassmaster Partnership

Minnesota-based Rapala is expanding its partnership with B.A.S.S., signing a three-year deal as a premier sponsor after serving as title sponsor of the Fantasy Fishing program and as supporting sponsor of the Bassmaster tournament trail for the past two years.

BikeExchange Appoints Chief Customer Officer

BikeExchange Limited announced the appointment of Rebecca Boxall as its newly created position of chief customer officer, finalizing the recruitment of its executive team following an IPO in February this year.

Dorel Announces Judgment Of Luxembourg Administrative Court

Dorel Industries Inc. announced that the Luxembourg Administrative Court has confirmed on appeal the previously-announced decision of the Luxembourg Administrative Tribunal to the effect that one of Dorel’s wholly-owned subsidiaries owes €54.6 million (euros) in tax (US$64.2 million) including interest.

Emerald Holding Shrinks Q3 Loss

Emerald Holding, Inc. reported reduced losses in the third quarter ended September 30 as it was able to hold 32 in-person trade shows, conferences and other events in the period.

Newell Brands Sees Modest Q3 Growth In Outdoor & Recreation Segment

Newell Brands said its Outdoor & Recreation segment generated net sales of $391 million in the third quarter compared with $383 million in the prior-year period, primarily reflecting core sales growth of 1.7 percent and the impact of favorable foreign exchange. Net sales exceeded the 2019 level.

Solo Brands Sees Strong IPO Debut

Solo Brands Inc., the parent of Solo Stove, Chubbies, Oru Kayak, and Isle paddleboard brands, raised $219.4 million in its initial public offering and saw a strong debut on its first day of trading.

Compass Diversified Delivers Significant Q3 Earnings Gain

Compass Diversified (CODI) reported significant improvement in earnings in the third quarter due to a gain on its sale of Liberty Safe. Earnings, excluding the gain, grew about a third due to the 2020 acquisition of BOA and a strong performance by its branded consumer companies.

Columbia Sportswear’s Q3 Impacted By Delayed Inventory Receipts

Columbia Sportswear Co. reported sales in the third quarter ended September 30 came in below Wall Street’s targets as supply chain constraints impacted U.S. wholesale shipments. Earnings, however, topped estimates due to favorable gross margins and expense management and early-season Fall 2021 sell-through has been healthy. The company raised its EPS guidance while lowering its sales outlook for the year.