SGB Update Outdoor
Johnson Outdoors Posts Record-High Third Quarter Earnings
Johnson Outdoors Inc. reported double digit growth in sales and operating profit for the fiscal third quarter ending June 30, 2017.
Newell Brands’ Play Segment Sees Modest Q2 Decline
Pro forma core sales declined 1.2 percent as solid growth on Beverages, Coolers and Team Sports was more than offset by a decline on Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of a key retail customer bankruptcy.
Adidas Outdoor Named Title Footwear Sponsor For Audi Power Of Four Trail Run
The event is a premier endurance race series utilizing the scenic and challenging terrain of each of the four Aspen Snowmass mountains.
Scott Montgomery Becomes CEO Of Reynolds Cycling
Industry veteran Scott Montgomery has become the CEO of Reynolds Cycling of Sandy, UT.
GoPro’s Q2 Easily Tops Wall Street Targets
GoPro reported second quarter revenue was $297 million, up 34 percent year-over-year and 36 percent quarter-over-quarter.
Interbike Heading To Reno-Tahoe
Interbike, the largest cycling trade show in the U.S., has selected Reno-Tahoe as the new home for the Interbike trade show and the site of the newly-created Interbike Marketweek. The show has been in Vegas since 2011.
Otter Products To Open Retail Store
Otter Shop will be home to several exclusive product lines, including branded cases with Fort Collins, CO icons such as Odell Brewing Co. and Colorado State University.
Road Runners Club Of America Announces Summer 2017 Runner Friendly Communities
Eight communities have the “right stuff” of community infrastructure and support plus local government involvement for designation.
Cabela’s Profits Slide On Steep Revenue Drop
Cabela’s reported net earnings slid 24.9 percent after charges in the second quarter as same-store sales declined 9.3 percent.
Safilo’s Sales Slump In Q2
Safilo Group S.p.A., the parent of Smith Optics, reported second quarter sales equaled €315.3 million, down 9.8 percent compared to last year at current exchange rates and 10.6 percent at constant exchange rates.
Spin Master Sees Robust Q2 Growth
Spin Master Corp. reported second-quarter revenue of $276.7 million increased 54.2 percent from $179.4 million a year ago. Excluding revenue from Swimways, which was acquired in Q3 2016, Q2 revenue grew 37.4 percent
MSR Names Doug Sanders Vice President
The manufacturer of outdoor equipment has also added a handful of new faces to the team, all co-located with MSR’s manufacturing facility in Seattle.
Crocs Extends Partnership With Drew Barrymore
Crocs Inc. announced a product collaboration on a line of special-edition footwear styles for women and children, designed in partnership with Drew Barrymore.
KSL, Aspen Complete Intrawest, Mammoth Purchases, Name New Leaders
Upon closing of the deal, Thomas Marano, Intrawest’s chief executive officer, resigned his position. KSL’s Bryan Traficanti was named interim chief executive officer, and a search for a new CEO is underway.
Big 5’s Q2 Sales Miss Targets
Big 5 Sporting Goods reported earnings in its second quarter rose 33.3 percent on improving gross margins and a 0.8 percent gain in same-store sales. But sales were lower than expected due to weakness in certain outdoor product categories related to firearms, camping and water sports.
