Big 5’s Q4 Comps Drop 9.4 Percent
Big 5 Sporting Goods, in line with guidance reported in early January, reported a loss of 10 cents per share in the fourth quarter ended December 31 as comps dropped 9.4 percent. Same store sales in January slumped in the high-teens in January and Big 5 predicted a loss for the first quarter.
Escalade Delivers Robust Q4 Results
Escalade Inc. reported operating earnings rose 36.4 percent on improved margins and a 4.3 percent revenue gain.
Camping World’s Q4 Revenues Climb 33 Percent
Camping World Holdings Inc., the parent of Gander Outdoors, reported earnings excluding special items more than doubled in the fourth quarter as sales grew 37.9 percent.
REI To Offer Curated Selection Of Athleta Apparel
REI and Athleta announced plans to bring a curated selection of current Athleta apparel to 14 REI stores and REI.com this spring.
Study Shows When It Comes To Buying, Millennials Are Not Eco-Fashionistas
While millennials overwhelmingly claim to embrace sustainability and believe they will drive social change, the eco-friendliness of a fashion product may be the least important factor in their purchasing decisions, according to a study from LIM College.
Farm To Feet Adds Sales Teams In Midwest And South-Central Territories
Farm to Feet, makers of American socks, announced that they have appointed Allen Breeding and Associates to represent the brand in the South-Central states and Amy Brown and Associates in the Mid-West.
Nathan Extends Sponsorship Of Ragnar Relay & Ragnar Trial Series
Nathan, a specialist in hydration, visibility and performance gear, announced the extension of a multiyear sponsorship with the Ragnar Relay & Ragnar Trail Series, which is the largest overnight running relay series in the world.
ADA And NBS Partner To Co-Locate Spring/Summer Athletic Market
ADA and NBS have once again partnered to co-locate their 2018 Spring & Summer Athletic Shows. The joint event will be held at the Hyatt Riverfront Hotel in Jacksonville, FL.
Altra Joins Granite Gear’s Grounds Keepers Program
After its successful inaugural year, Granite Gear has launched the 2018 Grounds Keepers Program with new supporting sponsor Altra Running.
SFIA Campaigns For Herschel Walker To Become Chairman President’s Council On Fitness, Sports & Nutrition
The Sports & Fitness Industry Association (SFIA) is joining forces with the American College of Sports Medicine (ACSM) to lead the campaign for chairman of the President’s Council, on behalf of former Heisman Trophy winner, Herschel Walker.
Macy’s Tops Q4 Guidance
Macy’s Inc. reported fourth-quarter earnings that topped Wall Street’s targets while providing an upbeat outlook for the year.
Anta Sports Sees Robust Earnings And Sales Growth in 2017
Anna Sports reported revenues n 2017 rose 25.1 percent to RMB16.7 billion, up from RMB13.3 billion in 2016.
Canada Goose Announces Customized Pantone Colour To Celebrate International Polar Bear Day
Canada Goose Holdings Inc. celebrates its 10-year relationship with Polar Bears International (PBI) – an organization dedicated to the preservation of polar bears and their habitat – by announcing the creation of its signature ‘PBI Blue’ colour as an customized Pantone shade, just in time for International Polar Bear Day.
Fitbit Q4 Falls Short Of Wall Street’s Targets
Fitbit Inc. reported a non-GAPP loss of $5 million, or 2 cents a share, in the fourth quarter, worse than Wall Street’s consensus estimate of break-even results. Said James Park, CEO, “In 2018 we’ll focus on managing down expenses, continuing to expand in the smartwatch category and supporting our engaged global community on their health and fitness journeys.”
Gander Outdoors Sets Openings For North Carolina, Pennsylvania And Florida
Gander Outdoors, which is part of Camping World, announced plans to open locations in Winston-Salem, NC; Dickson City, PA; and Ocala, FL.
