Retail Same Store Sales Growth Propels Boot Barn’s Q1
Boot Barn Holdings Inc. on Wednesday announced net sales for the fiscal first quarter ended June 29 increased 14.7 percent to $185.8 million. Same store sales increased 9.4 percent, including an increase in retail store same store sales of 11.1 percent and an increase in e-commerce sales of 0.9 percent.
Fox Factory Raises Guidance After Record Quarter
Fox Factory Holding Corp. on Wednesday raised its guidance for the fiscal year of 2019 after reporting sales for the second quarter ended June 28 of $192.1 million, up 22.5 percent from $156.8 million in the same period last fiscal year.
Direct Segment Drags Nautilus’ Second Quarter
Nautilus Inc. on Wednesday reported revenue for the second quarter ended June 30 totaled $59 million, a decrease of 21.8 percent compared to $75.5 million in the same quarter of 2018. The decrease in net sales was largely driven by shortfalls in the direct segment, down 40.2 percent from the prior-year quarter.
Compass Diversified Holdings Q2 Revenue Dips
Compass Diversified Holdings Inc. (CODI) on Wednesday reported net sales for the quarter ended June 30 of $336.1 million, down from $340 million for the prior-year quarter. The June 30, 2018, net sales do not include Ravin net sales prior to CODI’s ownership.
Delta Apparel’s Q3 Boosted By DTG2Go And Salt Life
Delta Apparel Inc. reported earnings improved 6.5 percent in the fiscal third quarter ended June 29 as sales advanced 6.3 percent. The sales gains were led by the DTG2Go digital print business and the Salt Life lifestyle brand.
NSAA Names New Editor-In-Chief For NSAA Journal
The National Ski Areas Association (NSAA) announced that Heather Fried has been named editor-in-chief of NSAA Journal.
Sterling Rope Co., Sherrill Inc. Sign Pledge to Grow U.S. Workforce
Sterling Rope Co. and Sherrill Inc. this week announced they have signed the United States Department of Interior’s “Pledge to America’s Workers” with the goal of adding 20-30 production and office staff in the next five years at Sterling’s Biddeford, ME, production facility.
Paddlesports Retailer Announces Final Registration Deadlines, Other Updates
August 1 is the last chance for free retailer, media and nonprofit registration for the upcoming Paddlesports Retailer show in Oklahoma City, OK.
Garmin Reports Record Q2 Revenue And Profits; Raises Guidance
Garmin Ltd. lifted its earnings and sales guidance after reporting second-quarter earnings that easily topped Wall Street’s targets. Garmin’s Aviation, Fitness and Marine segments all saw double-digit growth.
Puma Lifts Full-Year Outlook On Robust Q2 Revenue Gains
Puma slightly raised its full-year guidance after reporting second0-quarter earnings rose 59.8 percent. Revenues increased 15.7 percent on a currency-adjusted basis. The gains were led by the Asia-Pacific region, up 21.6 percent, closely followed behind by the Americas, 19.7 percent. EMEA sales grew 8.4 percent currency neutral.
Athleta Signs First Sponsored Athlete
Athleta and Allyson Felix are joining forces to empower women and girls through sports. In a wide-reaching partnership, Allyson, one of the most decorated track and field athletes in U.S. history, will become Athleta’s first-ever sponsored athlete.
Recall: Trek Kickster Bikes
About 11,560 (also including 1,800 sold in Canada) Trek Kickster kids bikes are being recalled.
Recall: Modified Thru-Bolt Axles For Use With BOB Jogging Strollers
According to a release from the U.S. Consumer Product Safety Commission, Britax’s modified thru-bolt axles for use with BOB Jogging Strollers are being recalled.
Adidas To Sponsor Boca Juniors
Adidas will replace Nike as the kit sponsor of Boca Juniors beginning in 2020 in a ten-year deal. Nike has been with the Argentina football club for 23 years.
Big 5’s Q2 Earnings Top Guidance
Big 5 Sporting Goods Corp. notched a profit against a loss in the second quarter ended June 30 as same-store sales rose for the third consecutive quarter. Earnings arrived above guidance. Increased traffic in California in June in advance of new ammunition legislation that took effect in July boosted sales in the period.
