SGB Update Outdoor

Massimo Group 2024 Revenues Decline as Pontoon Boats Business Sinks
Revenue from sale of UTVs, ATVs and e-bikes increased by 4.0 percent year-over-year while revenue from sales of Pontoon Boats fell 68.0 percent for the year.

Academy Sports + Outdoors Opens 300th Store, Adds Two More States to Mix
The full-line sporting goods and outdoor recreation retailer will add five stores through April, with 20 to 25 stores planned for the fiscal 2025 full year.

Recall: Mammut Skywalker Pro Via Ferrata and Skywalker Pro Via Ferrata Set
Mammut asks consumers who own the affected products to stop using the equipment and follow the recall procedures to receive a full refund. Return shipping is free of charge. The company has been selling the equipment since 2023.

Duluth Holdings Board Member to Retire
Francesca Edwardson reportedly informed the company that she had independently decided not to stand for re-election to the company’s Board of Directors at its 2025 Annual Meeting of Shareholders.

Winnebago Industries Cuts FY Guidance Despite Fiscal Q2 Sales and Earnings Beat
The company saw its only positives in the second quarter ended March 1 coming out of the Marine segment where net revenues were up year-over-year, said to be primarily due to unit volume, partially offset by a reduction in ASP per unit related to product mix.

Far Bank Enterprises Taps Red Kulper as Brand Portfolio Marketing Director
Kulper comes to Far Bank after a decade with Shimano North America Fishing where he led marketing and brand and product lifecycle promotion for Shimano, G. Loomis, PowerPro, and Jackall.

Ski-Doo Parent Sharply Narrows Fiscal Q4 Net Loss Despite 20 Percent Revenue Decline
BRP Inc. was still dealing with softer demand in the fiscal 2025 fourth quarter, but the decline in revenues was also exacerbated the company’s objective to reduce network inventory.

RVIA: February RV Shipments Rose 6.0 Percent
RVIA said Towable RVs, led by conventional travel trailers, ended the month up 9.9 percent from last February with 29,642 shipments. Motorhomes finished the month down 20.1 percent year-over-year with 3,229 units.

Psycho Bunny Reopens Renovated Montreal Eaton Centre Store
Located in the downtown core of Montreal, Quebec, Canada, the renovated store showcases the brand’s latest collections, including its core classics and new sports capsules.

Surftech Taps Industry Veteran Andy Barnett for General Manager Role
Barnett brings over 10 years of experience from his previous roles at Lost Surfboards, where he initially served as CFO before transitioning to general manager.

Salomon Appoints Nike Vet as Global Brand Creative Director
As Global Creative Director at Salomon, At the core of all Align product is its insole technologyacross all consumer touchpoints, platforms, channels, and regions.

U.S. Consumer Confidence Down Again in March as Forward Outlook Crashes
The Present Situation Index, based on consumers’ assessment of current business and labor market conditions, decreased 3.6 points to 134.5, a solid score, but the Expectations Index, measuring a six-month outlook, fell to 65.2, the lowest level in 12 years.

Sierra-at-Tahoe Appoints Director of Sales and Marketing
Susan Sherman first joined Sierra-at-Tahoe as the Content and Communications manager in 2018 and served through the start of the pandemic. She then moved to Utah and assumed a similar role at Snowbird.

Ombraz to Open First Pop-Up in Boulder
The direct-to-consumer venue will showcase the brand’s lineup of six armless sunglasses and limited-edition colorways available in-shop during the event that runs from April 4 to June 30.

Macy’s Names Senior VP & General Merchandising Manager, Men’s and Kids’
Daniel Leppo most recently served as Bloomingdale’s senior vice president and general merchandising manager, overseeing Cosmetics, Menswear, Children’s, and Home. Leppo started his career at Bloomingdale’s as an intern and was part of the executive training program.