SGB Update Outdoor
Family Trust of Garmin Executive Chairman Adopts Stock Disposition Plan
Garmin Ltd. on Thursday announced that a family trust, of which Min H. Kao, the company’s co-founder and executive chairman, is a co-trustee, has established a pre-arranged trading plan to sell a portion of the trust’s shares in the company over a designated period.
Canadian Tire’s Q2 Sales Miss Plan
Canadian Tire’s sales came in lower than expected in the second quarter due to a cold April. FGL Sports, the parent of Sport Chek, saw comps decline 3 percent.
Canada Goose Sees Q1 Revenues Climb 59 Percent
Canada Goose Inc., as expected, reported a loss in the first quarter ended June 30, but sales grew 58.5 percent.
Camping World Agrees To Acquire Holiday Hour RV In Illinois
Camping World Holdings Inc. announced that the company has signed an agreement to acquire Holiday Hour RV located in the greater DeKalb, IL, area.
Outdoor Edge Appoints Three New Managers
David Bloch, president and founder of Outdoor Edge, announced today that the company has added three new employees to the company’s staff. Kirk Nichols has joined the company as export sales manager, Michael Egan has joined as the hardware sales manager and Jonathan Stahlman has come aboard as the key account sales manager.
Wolverine Again Lifts Guidance As Turnaround Gains Momentum
Wolverine World Wide reported second-quarter earning came in well ahead of Wall Street’s targets, helped by healthy growth for Merrell and Sperry and margin gains across brands. The company raised guidance for the year.
Hydro Flask Raises $79,000 For The Conservation Alliance At Annual Garage Sale
Hydro Flask named The Conservation Alliance the beneficiary of its annual Garage Sale in Bend, OR, hometown for both the company and the organization.
Bogs Resumes Growth For Weyco
Weyco Group reported earnings rose 29 percent in the second quarter due to tax benefits. Sales grew 6 percent with Bogs gaining 4 percent.
Camping World’s Q2 Revenues Expand 13 Percent
Camping World reported sales grew 13.0 percent in the second quarter, helped by the launch of Gander RV Sales. Net earning declined in the period due to pre-opening expenses related to the Gander Outdoors store openings but adjusted pro forma net income increased 10.6 percent.
Eagle Creek Hires Adams Outdoor Sales For Great Lakes Territory
Eagle Creek has announced a new partnership with Adams Outdoor Sales as representatives for the Great Lakes East territory, including MI, IN, OH and KY, effective immediately.
REI Invests Nearly $645,000 In National Scenic Trails In 2018
In celebration of 50 years of National Scenic Trails, REI Co-op is investing a total of $643,000 in 17 nonprofit organizations dedicated to stewarding and maintaining the country’s 11 National Scenic Trails. REI has supported these efforts for nearly two decades and since 2002 and has invested nearly $3 million in National Scenic Trails.
Johnson Outdoors Posts Record Sales and Earnings
Johnson Outdoors reported double-digit growth in revenue and profits for the fiscal third quarter ended June 29. The outperformance continued to be led by the company’s Fishing brands, Minn Kota, Humminbird and Cannon, but the company’s Camping segment, led by Jetboil and Eureka!, returned to double-digit growth.
Columbia Sportswear Expands Stock Buybacks
Columbia Sportswear Company announced that the company’s board of directors has authorized the repurchase of up to an additional $200 million of company common stock in market or negotiated transactions.
Columbia Appoints Chris Adamek To VP, Chief Of Staff For Columbia Brand
Columbia Sportswear has named Chris Adamek, who has been consulting with Columbia since January 2018, as the new vice president, chief of staff for the Columbia brand.
Clarus Raises Full-Year Outlook On Strong Q2
Clarus Corp. on Monday reported an adjusted net income increased to $2.6 million, or 9 cents per share, compared to an adjusted net loss of $3.4 million or (11) cents per share the same quarter a year ago, beating analysts’ consensus estimates by 9 cents.
