Winchester’s Sales Slide 11.5 Percent
Olin Corporation reported Winchester sales for the first quarter were $162.6 million compared to $183.7 million in the first quarter of 2016
Fox Factory’s Q1 Sales Jump 32.6 Percent
Fox Factory Holding Corp. reported earnings more than tripled in the first quarter ended March 31 on a 32.6 percent revenue gain.
CODI’s Cash Flow Expands In Q1
Compass Diversified Holdings (CODI) reported cash flow grew in the first quarter due to year-over-year earnings growth in the company’s Clean Earth, Sterno Products, ERGObaby and 5.11 businesses, offset by declines at the company’s other businesses, including Liberty Safe.
Gildan Reports 12.2 Percent Growth For Q1
The company saw a strong net sales growth of 12.2 percent in the quarter due to organic growth and the acquisition of companies including Alstyle, American Apparel, and Peds. Gildan expects sales to continue to increase throughout the remaining of 2017 due to organic growth and acquisitions.
Zumiez Sees Q1 Earnings At Low End Of Guidance
The company’s comparable sales increased 7.8 percent for the four-week period compared to a comparable sales decrease of 6.0 percent in the year ago period.
Fitbit’s Q1 Slightly Beats Wall Street’s Targets
“Underlying consumer demand has been better than our reported results in North America as we work down channel inventory levels, giving us increased confidence that we will enter the second half of 2017 with a relatively clean channel,” said co-founder and CEO James Park.
Strava Names James Quarles As CEO
Quarles was most recently the vice president of Instagram Business and previously regional director of Facebook in Europe, the Middle East and Africa.
Hydro Flask Signs On As REI Outessa Sponsor
Hydro Flask will be the Official Water Bottle and Drinkware partner of the event, and participants will receive a limited edition bottle engraved with an Outessa logo.
Black Diamond Beefs Up Marketing And Operations Teams
The producer of active outdoor performance equipment and apparel appointed James Atkin as its director of brand management, Matt Bluher to the newly created position of director of retail and visual merchandising and Andy Earl as photo editor.
Skechers Signs David Ortiz
Skechers expanded its roster of sports stars representing the brand by announcing that ten-time All-Star Dominican-American baseball slugger David Ortiz — known by fans as “Big Papi” — will be lacing up in Skechers Men’s footwear for a multi-platform global marketing campaign set to launch this Fall.
Brooks To Enter China And Brazil
Brooks Running Company is expanding its global footprint in July 2017 with entry into China and Brazil, two of the largest running markets in the world.
Xenith Partners With Rivals Professional Football League
Xenith will provide helmets for all RPFL players.
Garmin’s Q1 Profits Exceed Wall Street Targets
Garmin’s sales were led by double digit growth in its marine, outdoor and aviation segments. Fitness segment posted a revenue decline of 3 percent driven by lower volume in basic activity trackers partially offset by growth in its advanced wearables with GPS.
L.L.Bean To Open Third Retail Store In Connecticut
L.L.Bean plans to open a store in New Haven, CT in the summer of 2018.
Dick’s Stores VP Joins Five Below
George Hill, most recently SVP retail operations at Dicks Sporting Goods, has joined Five Below Inc. as EVP of retail operations.
