SGB Update Outdoor

Unifi’s Q3 Earnings Tumble

Unifi Inc. reported earnings fell sharply in the third quarter ended March 25 due to rising raw material costs and sales mix challenges. The maker of synthetic and recycled performance fibers now expects operating earnings for its fiscal year to be “well below” year-ago levels.

Arne Arens Joins The Conservation Alliance Board Of Directors

The Conservation Alliance welcomed Arne Arens, global brand president of The North Face, to its board of directors. Arens fills the seat vacated by the untimely passing of Ann Krcik, who represented The North Face on the board for three years.

Shimano’s Q1 Earnings Climb 13 Percent

Shimano Inc. reported earnings rose 13.2 percent in the first quarter on a 6.7 percent revenue gain.  The Bicycle Components segment delivered a 5.1 percent sales gain while the Fishing Tackle segment expanded 13.2 percent.

Rocky Brands Net Income Climbs On Wholesale & Retail Strength

Rocky Brands Inc. reported first quarter net income of $3.3 million, or 44 cents per diluted share, up more than double from the company’s net income of $1.5 million, or 20 cents per diluted share, in the first quarter of 2017.

Yeti Coolers Ends Relationship With The NRA

Yeti Coolers has cut ties with the NRA Foundation, the NRA announced. Yeti called it an “outdated” discount program and asserted the NRA-ILA’s statement criticizing the company is incorrect.