Gildan Activewear Lifts Full-Year EPS Guidance On Above-Plan Q3
Gildan Activewear raised its earnings guidance for the year due to better-than-expected third-quarter earnings but slightly lowered its sales outlook due to slowing growth in its Branded Apparel segment.
Escalade’s Q3 Revenues Improve 8 Percent
Escalade Inc. reported sales for the third quarter of 2017 were $41.9 million compared to net sales of $38.8 million for the same quarter in 2016, an increase of $3.1 million or 8 percent.
Deckers Brands Mails Letter To Stockholders Highlighting Merits Of Board’s Strategy
Deckers Brands announced that its Board of Directors has sent a letter to stockholders in connection with Deckers’ upcoming 2017 Annual Meeting of Stockholders to be held on December 14, 2017. The board offered its full support of the Deckers’ management team.
Fox Factory Delivers Double-Digit Revenue Growth In Q3
Fox Factory Holding Corp. reported earnings in the third quarter rose 17.5 percent on a 16.9 percent sales gain.
Arc’teryx To Open Ski Academy In Grand Tetons
Arc’teryx has expanded its collection of educational mountain-skills symposiums to include the new Arc’teryx Backcountry Ski & Snowboard Academy, scheduled to be held February 9- 11, 2018 in Jackson Hole, WY.
Two Under Armour Execs Leaving Company
Under Armour confirmed that Andy Donkin, its chief marketing officer, and Pamela Catlett, senior vice president and general manager of women’s and youth categories, will exit the company at the end of the month.
Zappos Introduces Zappos For Good
Zappos.com formally introduced Zappos for Good, a long standing department dedicated to fostering Zappos’ community and charitable efforts.
Fitbit Shows $113 Million Loss In Third Quarter
Sales declined 22.1 percent in the third quarter but improved sequentially in every region except the EMEA.
GoPro’s Q3 Sales Jump 37 Percent
GoPro’s results in the latest quarter exceeded Wall Street’s targets although its fourth-quarter guidance was below Wall Street estimates.
HanesBrands Shows Meager Activewear Gain In Q3
HanesBrands reported Activewear sales increased 1 percent in the third quarter due to a “muted back-to-school season at retail.” Online sales of Activewear increased by more than 30 percent and Champion sales in the midtier, sporting goods and college bookstore channels achieved double-digit growth.
Zumiez Comps Increase 6.6 Percent In October
The action sport’ chain’s comparable sales increased 6.6 percent for the four-week period compared to a comparable sales increase of 10.2 percent in the year ago period.
Under Armour Exiting Fitness Trackers
Under Armour will stop making fitness trackers and focus on software, according to a report in the Wall Street Journal.
Report: Kering Hires Rothschild To Spin Off Puma
Kering has appointed Rothschild & Co to handle the potential spinoff of Puma, according to a report in French business magazine Challenges.
Darby Communications Stand Up Initiative Accepting Applications
The initiative, launched in November 2016, provides pro-bono PR related services to awarded environmental non-profits with projects focusing on environmental and sustainable advocacy, or the preservation and protection of public lands.
Sturm, Ruger’s Q3 Revenues Drop 35 Percent
Sturm, Ruger & Company Inc. reported earnings fell 52.8 percent in the third quarter as sales slid 35.1 percent.
