SGB Update Outdoor

Dick’s SG’s Q3 Earnings Surge On 23 Percent Comp Gain

Dick’s Sporting Goods reported earnings in the third quarter ended October 31 jumped more than four-fold as same-store sales climbed 23.2 percent. Brick & mortar same-store sales increased double-digits, the best performance since going public nearly two decades ago, while e-commerce sales expanded 95 percent.

CMCBrands, Pacific Teaze Announce Alliance

CMCBrands and Pacific Teaze announced a strategic brand partnership that includes shared logistics, distribution and merchandising. This cooperation focuses on leveraging operational efficiencies to grow both organizations.

ATRA Survey: Healthy Interest In Trail Running Amid Pandemic

A survey from the American Trail Running Association (ATRA) of more than 2,500 trail runners found only one-quarter of respondents have spent less time running trails since the start of the pandemic. Three-quarters of respondents have sought out new trails for at least some of their runs. Only two percent of respondents have not run on trails in the past nine months.

Ecco Outdoor Adds Rep Coverage

Ecco has added sales rep groups in four key territories to further expand its business in the outdoor and athletic specialty category. The announcement follows the appointment of Erik Walcott as global head of specialty sales.

North Point Brands Hires Sales Veteran

North Point Brands, based in North Adams, MA, announced the hiring of Scott Doty as the wholesale and custom sales operative of both Cheeky Fishing and Wingo Outdoors. Doty comes from Korkers Footwear.

Ugg’s Flagship Store Opens In NYC

Ugg’s new flagship store, located at 530 Fifth Avenue in New York City, opened today. A subsidiary of Decker Brands the concept store is the first for Ugg in the Big Apple with a  12,842-square-foot store that showcases its collections of footwear, ready-to-wear, accessories, and home.

Alterra Mountain’s Debt Ratings Downgraded

Moody’s Investors Service downgraded Alterra Mountain Company’s corporate family rating (CFR) to B2 from B1 and probability of default rating (PDR) to B2-PD from B1-PD.

GSM Outdoors Acquired By Gridiron Capital

GSM Outdoors, a portfolio company of Sentinel Capital Partners, L.L.C., has been acquired by Gridiron Capital, LLC. Terms of the transaction were not disclosed.

Camping World Declares Special Dividend

Camping World Holdings Inc. announced that its Board of Directors declared a cash dividend of $1.00 per share on the company’s Class A Common Stock and a cash distribution of 29 cents per common unit on CWGS Enterprises, LLC’s common units.