Escalade, Inc. Appoints Armin Boehm as CEO and President
Boehm will succeed Walter P. Glazer, Jr., who, in August 2024, announced his plans to retire as CEO and president. The transition takes effect April 1, 2025.
Crazy Creek Expands Sales Representation in Southeast and Mountain Region
The manufacturer of lightweight, portable outdoor seating for 38 years, is growing its national sales representation with Adventure Marketing Group in the Southeast and increasing Altra Group, Inc.’s territory to cover Montana and Idaho.
Coleman, Marmot Parent Sees Q4 Outdoor & Rec Segment Fall 7.9 Percent
Newell Brands, the parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, reported that the company’s Outdoor & Recreation segment saw another revenue decline in the fourth quarter although it was a significantly smaller decline than in recent quarters.
GoPro’s Q4 Revenues Tumble 32 Percent
GoPro Inc. widened its losses in the both the fourth quarter and year ended December 31 as sales fell 32 percent in the quarter and 20 percent in the year. The maker of action cameras said it’s making progress in its turnaround efforts.
Skechers Q4 Revenues Jump 13 Percent
Skechers U.S.A., Inc. reported profits grew 13.9 percent in the fourth quarter as sales advanced 12.8 percent, due to an 18.0 percent jump domestically and a 9.8 percent increase internationally. Sales topped guidance, but earnings missed due to currency headwinds.
Pickleball Kingdom Franchise to Open in Ocala
Tim Campbell will open a 37,000-square-foot facility in Ocala, FL, featuring 13 professional-grade indoor courts in Summer 2025. The franchisee is a senior operations manager with extensive private and law enforcement experience.
Michigan Consumer Sentiment Index Declines for First Time in Six Months
Consumer sentiment fell for the first time in six months and is down 10 percent versus a year ago, according to the final January report for the Michigan Consumer Sentiment Index.
Fossil Group Adds Former Adidas and Salomon Execs to Leadership Team
Fossil Group, Inc. appointed Joe Martin, formerly SVP of Wholesale, Team Services and Omni Operations and Marketplace, North America, at Adidas, and Antonio Carriero, previously chief digital and information officer at Salomon, to its executive team.
Mizuno USA Hit by Cyber Attack
Mizuno USA, a subsidiary of Mizuno Corporation based in Peachtree Corners, GA, confirmed in Data Breach Notification letters that unknown hackers stole files from its network between August and October 2024.
Baltimore’s Princeton Sports to Close After Nearly 90 Years
Baltimore’s Princeton Sports announced that after nearly 90 years in business, it will be closing as Co-owners and Brothers Paul and Alan Davis plan to retire.
Costco Comps Grow 9.8 Percent in January Ex-Fuel
Costco Wholesale Corporation reported net sales of $19.51 billion for the retail month of January, an increase of 9.2 percent from $17.87 billion last year.
The Buckle’s Comps Expand Mid-Single Digits in January
The retailer’s comparable store net sales increased 4.4 percent in the four week period ended February 1 year over year.
Repreve Maker Unifi Inc. Narrows Fiscal Q2 Loss on Weak Sales Growth
The maker of Repreve recycled and synthetic yarn reported second fiscal quarter sales ended December 29, 2024 were $138.9 million, an increase of 1.4 percent from the second quarter of fiscal 2024, primarily driven by higher sales volumes.
Peloton Raises Profit Outlook on Improved Holiday Quarter
Peloton Interactive raised its earnings guidance for its fiscal year ending June 2025 after seeing a strong recovery in earnings on an adjusted basis for the holiday quarter on better-than-expected sales. Revenues in its December quarter were down 6.1 percent.
Under Armour Shares Rise After Q3 Beat on Estimates; Raises Fiscal 2025 Outlook
Under Armour Inc. raised its sales and EPS guidance for its fiscal year ended March 31 after third-quarter results topped expectations. Sales were down 6 percent in the third quarter with an 8 percent decline in the North America region.
