SGB Update Outdoor

Columbia Sportswear’s Q3 Profits Slump 47 Percent

October 29, 2020

Columbia Sportswear reported earnings fell 47 percent in the third quarter as revenues were down 23 percent. Both sales and EPS came in  below Wall Street’s consensus targets. Looking forward, the company predicted fourth-quarter earnings would decline between 20 and 35 percent as sales slump in the range of 8 to 11 percent.

The Big Gear Show 2021 Drives Hardgood’s Innovation

October 29, 2020

The Big Gear Show announced a new location, invitation-only format and growth-driving resources for 2021. The show will feature 500 hand-selected retailers and 250 brands across the outdoor and cycling industries. Its inaugural event was canceled due to COVID-19. The Show will take place on August 3-5, 2021, in Park City, UT at The Deer […]

Columbia Sportswear Announces Senior Leadership Changes

October 29, 2020

Columbia Sportswear announced that Thomas Cusick, EVP and COO, plans to retire. In accordance with pre-established transition plans, Lisa Kulok, SVP, global supply chain operations and manufacturing, and Jim Swanson, SVP AND CFO, are promoted to EVPs.

Escalade’s Q3 Revenues Soar 71 Percent

October 29, 2020

Escalade Inc. posted quarterly revenue of $78.1 million, an increase of 70.6 percent over prior year, and a record for its third fiscal quarter. The gains were led by archery, outdoor and fitness categories, including basketball, Lifeline Fitness and Victory Tailgate.

CLMBR Secures Venture Capital Funding

October 29, 2020

CLMBR announced the close of its first funding round led by venture capital and private equity firm KBW-Ventures, exercise physiologist and CEO and Founder of 22 Days Nutrition, Marco Borges and others. The investment will support the launch and delivery of CLMBR Connected and CLMBR Pure vertical climbing machines for the at-home and commercial markets.

Academy Sports Prices Notes

October 28, 2020

Academy Sports and Outdoors Inc. priced a private offering of $400 million aggregate principal amount of 6.000 percent senior secured notes due 2027.

CODI’s Q3 Revenues Expand 8 Percent

October 28, 2020

Compass Diversified (CODI) reported net revenues increased 7.9 percent in the third quarter ended September 30 to $418.9 million, as compared to $388.3 million a year ago.

Boot Barn’s Q2 Comps Decline 5 Percent

October 28, 2020

Boot Barn Holdings reported net sales decreased 1.4 percent in the second quarter ended September 26, to $184.5 million.
 Same store sales decreased 5.1 percent, comprised of a decrease in retail store same store sales of 9.1 percent and an increase in e-commerce sales of 17.6 percent.


SIA’s Snowbound Festival Debuts Website; Announces Dates For Upcoming 2021 Winter Shows In New England And Rockies

October 28, 2020

In celebration of the upcoming winter season, Snowsports Industries America (SIA) debuts the first phase of its Snowbound Festivals consumer platform with the launch of its new website Snowboundfest.com. An integral part of the overall Snowbound Festivals strategy is its online platform connecting consumers with brands, resorts and retailers. Phase two of the Snowbound Festival […]

Shimano’s Earnings Climb In Nine Months

October 28, 2020

Shimano Inc. reported earnings rose 10.4 percent in the nine months ended September 30 despite a 2.0 percent dip in sales. The Japanese-based sporting goods company lifted its outlook for the year.

Big 5 Sporting Goods Posts Record Third Quarter

October 27, 2020

Big 5 Sporting Goods Corp. reported earnings jumped more than four-fold in the third quarter as same-store sales jumped 14.8 percent. Steve Miller, the company’s chief executive officer, said, “I am pleased to report an exceptional third quarter, which represents the strongest sales and earnings performance in our 65-year history.”

1 … 363 364 365 366 367 … 2,471