SGB Update Outdoor

Gearhead Outfitters Closes Store in Kansas

The closing of the Olathe store is part of a “broader strategic review” of the Arkansas-based, family-owned and operated retail company’s overall national footprint. The nearby Overland Park store will remain open.

Bass Pro Shops to Open New Outpost in Muncy, Pennsylvania

Bass Pro Shops will have four stores in Pennsylvania following the completion of the 75,000-square-foot Outpost store in Muncy, which is part of the redevelopment of a former Lycoming Mall property into “The District.” The design approach for The District will “emphasize community character, outdoor heritage and a sense of place.”

Vail Resorts Tempers FY Guide on Weaker Lift Ticket Visitation, CEO Transition Costs

The revised guidance reflects the lower than expected lift ticket visitation in the spring that was partially mitigated by the company’s focus on its resource efficiency transformation plan and strong cost discipline. It also now includes an estimated $9 million in one-time costs related to the CEO transition announced in late May.

Winnebago Sees Fiscal Q3 Falling Short of Analyst Targets

The maker of motorhomes and towables said it expects earnings and sales for the fiscal third quarter ended May 31 to come in below analyst targets due to “worsening consumer sentiment and an increasingly cautious dealer network in the final two months of our fiscal third quarter.”

Duluth Holdings Widens Q1 Loss, Plans Further Restructuring Moves

The casual apparel and workwear brand widened its loss in the first quarter ended May 4 as sales dropped 12.0 percent. Returning CEO Stephanie Pugliese stated in a media release that she is conducting an “in-depth review” of the organization to simplify its operations, focusing on brand awareness, solution-based products, product innovation, and customer service.

SIA Preliminary Winter Season Report Reveals Evolving Winter Sports Participant

The SIA data suggests that while U.S. participants in snow sports activities rose by 2.4 percent season-over-season, the mix of activities and engagement levels are “evolving,” which the outdoor trade association said reflects changing interests, the impact of changing weather patterns and consumer behaviors.

Tilly’s Q1 Same-Store Sales Retreat 7 Percent

The surf & skate chain logged a slightly wider loss in the first quarter ended May 3 as same-store sales dropped 7.0 percent. The sales decline was smaller than in the fourth quarter, with further improvement seen so far in the second quarter.

The North Face Hit with Cyber Attack

The company discovered a “small-scale” cyberattack in April of this year, and an unauthorized party may have stolen some personal information from its customers but not their financial information, which TNF processes through a third party.