Sturm Ruger Sees Q2 Revenues Slide 21.4 Percent
The 53 percent decrease in earnings is attributable to the sales decline, the unfavorable de-leveraging of fixed manufacturing costs due to the decline in production volumes, and the $2.5 million expense related to the recall of Mark IV pistols.
Timberland Introduces ‘Tree Lab’ Specialty Concept Store
Located in the King of Prussia mall, the experiential Tree Lab features curated product collections and brand stories in a gallery-style setting that will change every six weeks.
Interbike Heading To Reno-Tahoe
Interbike, the largest cycling trade show in the U.S., has selected Reno-Tahoe as the new home for the Interbike trade show and the site of the newly-created Interbike Marketweek. The show has been in Vegas since 2011.
Otter Products To Open Retail Store
Otter Shop will be home to several exclusive product lines, including branded cases with Fort Collins, CO icons such as Odell Brewing Co. and Colorado State University.
Road Runners Club Of America Announces Summer 2017 Runner Friendly Communities
Eight communities have the “right stuff” of community infrastructure and support plus local government involvement for designation.
TYR Sports Signs Olympic Gold Medalist Tom Shields
The manufacturer of competitive swim and triathlon gear signed Olympic gold medalist, three-time World Championship gold medalist and American record holder Tom Shields to its roster of sponsored athletes.
PGA Tour To Open Vegas Location
PGA Tour Superstore will be opening a store in Las Vegas, a 30,000 square foot space situated in downtown Summerlin at 2315 Summa Drive, #140 in the former Golfsmith location next door to Boot Barn and Trader Joe’s.
Russell Athletic Partners With S&S Activewear
S&S Activewear, a national wholesaler of imprintable activewear, will launch a collection of Russell Athletic active apparel including its iconic Dri-Power Fleece beginning in August 2017.
Adidas Q2 Sparked By North America And China
Adidas, in line with a recent update, reported earnings from continuing operations rose 16 on a 19 percent revenue gain on a currency-neutral basis. The development reflected a 21 percent increase at brand Adidas as well as a 5 percent increase at the Reebok brand.
Gildan Activewear’s Q2 Profits Climb 14 Percent
Gildan Activewear Inc. reported net profits climbed 13.7 percent on a 3.8 percent revenue gain while slightly raising its earnings guidance for the year.
Cabela’s Profits Slide On Steep Revenue Drop
Cabela’s reported net earnings slid 24.9 percent after charges in the second quarter as same-store sales declined 9.3 percent.
Safilo’s Sales Slump In Q2
Safilo Group S.p.A., the parent of Smith Optics, reported second quarter sales equaled €315.3 million, down 9.8 percent compared to last year at current exchange rates and 10.6 percent at constant exchange rates.
Zumiez’s Comps Climb 5.1 Percent In July
Zumiez Inc. announced total net sales for the four-week period ended July 29, 2017 increased 8.9 percent to $67.5 million.
Fitbit’s Q2 Revenues Slide 40 Percent
Fitbit reported a steep loss in the second quarter as sales tumbled 39.8 percent. Results still exceeded the company’s guidance.
Spin Master Sees Robust Q2 Growth
Spin Master Corp. reported second-quarter revenue of $276.7 million increased 54.2 percent from $179.4 million a year ago. Excluding revenue from Swimways, which was acquired in Q3 2016, Q2 revenue grew 37.4 percent
