SGB Update Outdoor

Wolverine Worldwide Lifts Guidance On Strong Q1

Wolverine Worldwide reported adjusted earnings rose 35 percent in the first quarter to 50 cents a share, exceeding Wall Street’s consensus estimate of 37 cents a share. Underlying revenue inched up 0.3 percent on a currency-neutral basis as Merrell, Sperry and international exceeded expectations.

NSAA Awards 7 Ski Resorts With Marketing Honors

The National Ski Areas Association (NSAA) awarded seven ski areas top honors for their 2017-18 marketing programs. NSAA announced the winners at the company’s national convention and trade show last week in Marco Island, FL.

ISA TanTec’s Wins Italian Tannery Scored LWG Silver Award

After a recent audit by the Leather Working Group (LWG), Scamosceria del Brenta srl (Scabrenta), the new member of international tanning group ISA TanTec has obtained a Silver award for the company’s Italian based tannery.

Clarus Misses On Income As Sierra Acquisition Boosts Q1 Revenue

Clarus Corp., parent company of Black Diamond, Sierra Bullets and Pieps, reported net income for the first quarter ended March 31 improved to $0.4 million, or 1 cent per share, compared to a net loss of $1.5 million, or a loss of 5 cents per share, the same quarter a year ago.

Upventur Acquires Outdoor Adventure App Yonder

Upventur, a social platform for the outdoor and travel space, has acquired Yonder, an app built to inspire and enable the love of the outdoors. Terms were not disclosed.

Adidas Outdoor Re-Signs Climber Kai Lightner To Athlete Team

Adidas Outdoor USA has re-signed climber Kai Lightner, 18, to the company’s team of athletes. Lightner is a 10-time national champion in the USA Climbing youth circuit and won four Pan American Championship titles. Last year, Lightner took first and second place in the adult lead and bouldering national championships as one of the youngest competitors in the field.

Dick’s Sporting Goods To Open Four New Stores In May

Dick’s Sporting Goods will be open four new Dick’s Sporting Goods stores in May. The stores are in Aurora, CO (grand opening ceremonies are May 19-20), West Long Branch, NJ (May 25-27), Gurnee, IL (May 25-27), and McAllen, TX (May 25-27).

Bogs Sales Slip 2 Percent In Q1

Weyco Group Inc. reported sales at Bogs were down 2 percent in the first quarter. Companywide sales were up 1 percent.