FGL Sports Sees 5.1 Percent Q4 Comp Gain
Canadian Tire reported same-store sales at its FGL Sports segment grew 5.1 percent in the fourth quarter. Comps at Sport Chek climbed 4.9 percent.
Cabela’s Q4 Profits Slide
Cabela’s Inc., which has reached an agreement to merge with Bass Pro, reported earnings 26.3 percent in its fourth quarter ended December 31 as sales fell 4.9 percent. U.S. comparable-store sales decreased 6.4 percent.
Canada Goose Files For IPO In New York And Toronto
According to its prospectus, revenues grew at an annualized rate of 38.3 percent from 2014 to 2016.
Colorado Group Looks To Lure Outdoor Retailer Show
An ad in that ran in the The Salt Lake Tribune and Deseret News read, “We have stronger beer. We have taller peaks. We have higher recreation. But most of all, we love our public lands.”
January Retail Sales Expand 3.8 Percent
Sporting goods stores’ sales increased 1.8 percent seasonally adjusted over the previous month and decreased 3.7 percent unadjusted year over year.
Polar Signs Will Leer As Ambassador
Polar, a manufacturer of wearables, welcomed USA Track & Field champion Will Leer to its team.
Sportsman’s Warehouse to Hold Grand Opening In Cedar City, UT
Sportsman’s Warehouse is opening ninth location in the state of Utah in Cedar City.
Foot Locker Sets Capital Allocation Plans For 2017
Foot Locker raised its dividend payout, launched a new stock repurchase programs and slightly lowered its capital expenditure program in announcing its overall capital allocation plans for 2017.
Patagonia Forms Research Partnership With HeiQ
The partnership will explore ways for a sustainable textile finishing technology to achieve high-performance breathable and durable water repellence (DWR).
GU Withdraws From OR, Adds Interbike To Debate
“GU will not attend any tradeshow, Interbike included, that moves to Utah while its public policy remains inimical to GU core values,” stated a company representative.
IOC Holds International Forum For Sports Integrity
The second edition of the IFSI took place today at the Olympic Museum in Lausanne, Switzerland, at the initiative of the International Olympic Committee.
VF Corp. Adds To Board Of Directors
The branded lifestyle apparel, footwear and accessories company elected Carol L. Roberts and Benno Dorer as board directors, effective February 14, 2017.
Gita Sporting Goods’ Sandy Nicholls To Retire
Gita announced today that Sandy Nicholls, who joined Gita in 1978 as the first employee of the then one-man operation, will retire February 24.
Orangetheory Partners With Augie’s Quest To Fight ALS
The company’s first national fundraiser, named the #IBurnForALS campaign, will take place from February 20 to March 5.
Suunto Names U.S. Endurance Community Manager
The producer of sports watches, dive computers and precision instruments, appointed Nat Harward as endurance community manager in the U.S.
