SGB Update Outdoor

Garmin’s Q3 Earnings Fall Fitness Margins Narrow

Garmin Ltd. reported revenues in its Fitness segment grew 23 percent in the third quarter ended Sept. 26 while sales in its outdoor segment slipped 5 percent. The company's consolidated adjusted earnings slid 33 percent, however, as rising R&D and ad

Kohl’s to Open Small-format Stores

Kohl's plans to open five to 10 small-format stores measuring 35,000 square feet and 10 to 15 Fila stores in outlet malls across the country in 2016 as part of its latest initiative…

Shimano Raises Guidance on Third Quarter Results

Shimano Inc., which also owns Pearl Izumi, raised its earnings guidance significantly for 2015 Tuesday after reporting net sales increased 19.0 percent for the first nine months of fiscal year 2015…

Skechers Opens Second Store in Times Square

Skechers USA, Inc. opened a flagship store at the front of Times Square. Located on the famed Bow Tie in the heart of Times Square, the new location will welcome more than 300,000 passersby daily…

Activist Hedge Fund Buys Big Stake in Cabela’s

Elliott Management Corp. has acquired a significant stake in Cabela’s Inc. and is seeking to explore strategic options with the retailer's board, including a possible sale of…

Big 5 Sporting Goods Misses Q3 Street Forecasts

Big 5 Sporting Goods Corp. reported its second-quarter earnings came in at the lower end of guidance while sales fell short of plan. Sales were hurt by challenging comparisons against strong World Cup sales in 2014 as well as the continuing impact of the