Gildan Activewear Returns To Growth In Q2
Gildan Activewear Inc. reported earnings on an adjusted basis grew 3.1 percent in the second quarter as sales increasd 5 percent. The guidance was reaffirmed for the year.
Birkenstock Opens Second Company-Owned Retail Store In The U.S.
Birkenstock Americas announced that it has opened its second company-owned retail store in the United States. The location is in Venice Beach, CA.
Outdoor Retailer Summer Market Revenue ‘Flat’
Emerald Expositions Events Inc.’s second quarter benefited from Outdoor Retailer Summer Market’s calendar shift into June from July, but revenue for the show was “flat,” the company said Thursday.
Dick’s Launches DSG Brand
Dick’s Sporting Goods announced the launch of DSG, its newest athletic gear and apparel line that offers athletes an expanded assortment of styles and sizes for women, men and youth.
HanesBrands Submits Data For 2019 CDP Climate Change Report
HanesBrands has voluntarily disclosed its carbon emissions and related information for the CDP 2019 Climate Change Report for the 10th year. The disclosure shows progress toward the company’s 2020 goals for use of renewable energy, total energy use and carbon emissions.
OrthoLite Hires Rob Falken As VP Of Global Innovation
OrthoLite, a leader in insole technology, announced the hiring of Rob Falken as vice president of global innovation.
Technogym Signs On As The Official Supplier To Support Lima 2019 Pan American Games
Technogym has been selected to create the training center for the Pan Am Games in Lima.
Nike And Jordan To Outfit Basketball Africa League
The Basketball Africa League (BAL) announced Nike and Jordan Brand will be the exclusive outfitter of the new professional league featuring 12 club teams from across Africa and scheduled to begin play in March 2020.
True Sports Acquires Accra Golf Shafts
True Sports, parent company of True Temper, the leading golf shaft manufacturer in the world, announced the acquisition of Accra Golf Shafts and its parent company Premium Golf Management Co. (PGMC).
SquadLocker Launches Single-Unit Custom Gear And Uniform Delivery Service
SquadLocker, a maker of customized custom team gear, introduced SquadLocker MVP. a new service promising to ensure availability of the most popular team gear and uniforms, faster delivery, and no-hassle return policy.
Sturm, Ruger’s Q2 Revenues Drop 25 Percent
Sturm, Ruger & Company Inc. reported sales in the second quarter slumped 25 percent to $96.3 million from $128.4 million. Earnings fell 58.9 percent to $6.2 million, or 35 cents a share, from $15.2 million, or 86 cents, a year ago.
HanesBrands’ Q2 Boosted By Double-Digit Activewear Growth
HanesBrands delivered strong Q2 results at the high end of guidance for net sales, operating profit and EPS. Total sales were up 3 percent, led by gains of more than 50 percent at the Champion brand.
Yeti Q2 Earnings Improve On DTC Momentum
Yeti Inc. reported earnings on an adjusted basis increased 23 percent in the second quarter ended June 29 on a 12 percent revenue gain. Direct-to-consumer (DTC) sales jumped 43 percent while wholesale revenues were flat. The company slightly raised its EPS guidance for the year.
Crocs Hikes Guidance After Q2 Earnings Beat
Crocs Inc. sharply raised its guidance for the year after reporting second-quarter earnings that handily topped Wall Street’s target.
Fitbit Lowers Revenue Guidance For Year
Fitbit Inc. reduced its loss in the second quarter as sales improved 4.8 percent but reduced its overall revenue guidance for the year due to soft Versa Lite sales.
