Dick’s Raises Guidance After Robust Q1
Dick’s Sporting Goods Inc. raised the company’s outlook for the year after reporting first-quarter earnings that came in well above Wall Street’s consensus target. Same-store sales dipped 2.5 percent.
DSW’s Q1 Earnings Top Wall Street’s Target
DSW Inc. reported first-quarter earnings on an adjusted basis rose 23.4 percent as comparable-store sales rose 2.0 percent. Earnings were two cents higher than Wall Street’s consensus estimate.
Secretary Zinke Announces Members Of The Hunting And Shooting Sports Conservation Council
U.S. Secretary of the Interior Ryan Zinke announced the newly appointed members of the Hunting and Shooting Sports Conservation Council.
Foot Locker And Pensole Open Registration For Annual Design Competition
Pensole Footwear Design Academy, in collaboration with Foot Locker Inc., opened registration for the company’s 2018 edition of “Fueling the Future of Footwear.”
Golf Rounds Tumble In April
According to Golf Datatech, golf rounds played on a national level were down 13.5 percent April 2018 compared to April 2017.
NRF Disappointed Over China Tariffs
NRF President and CEO Matthew Shay said in a statement, “China’s trade practices raise serious concerns, but job-killing tariffs aren’t the answer. As the U.S. and China prepare for another round of negotiations, we hope the administration has clearly defined objectives and concrete solutions to resolve this trade dispute without tariffs.”
RYU Apparel’s Sales Vault In Q1
RYU (Respect Your Universe) Apparel Inc., the maker of urban athletic apparel, reported revenue in the first quarter of 2018 was Canadian $907,915, 94 percent higher than year-ago levels.
Report: Eddie Bauer, Pacific Sunwear Exploring Merger
Eddie Bauer and Pacific Sunwear, both owned by private-equity firm Golden Gate Capital, could merge in a play that would shrink store count from their combined 700 locations, sources told Reuters.
PHIT America Launches National Fundraising And Awareness Campaign
PHIT America is introducing the company’s first National Fundraising & Awareness Campaign, enabling any company, organization, association and employee in the sports and fitness industry to help educate and enlighten the U.S. about the negative side effects of physical inactivity.
Bushnell Adds Competitive Shooter Tiffany Piper
Bushnell, the maker of high-performance optics, announced the signing of Tiffany Piper to Bushnell’s ambassador/shooting Team.
Academy Sports Opens New Store In Matthews, NC
Academy Sports + Outdoors now has 12 stores throughout North Carolina and four in the Charlotte metropolitan area.
T-H Marine Acquires Blue Water LED Assets
T-H Marine Supplies, Inc., of Huntsville, AL, announced the acquisition of the assets of Blue Water LED Enterprises, LLC (Blue Water) of Lawrenceburg, KY.
American Hiking Society Announces 2018 National Trails Fund Recipients
The National Trails Fund gives trail clubs and land managers the necessary funding to complete critical trail projects across the country, thanks to the support of the fund’s Charter Sponsor, L.L.Bean.
United By Blue Launching Nationwide Cleanup Road Trip
From June to August, United By Blue will be co-hosting 21 cleanups across the country with retail partners and volunteers. By the end of 2018, the sustainable outdoor apparel and lifestyle brand will have performed a waterway cleanup in all 50 states.
The Buckle’s Q1 Profits Climb 12 Percent
The Buckle Inc. announced that net income for the fiscal quarter ended May 5, 2018 was $18.3 million, or 38 cents a share, up from $16.3 million, or 34 cents, a year ago.
