Report: Dick’s SG Lays Off 478 PGA Golf Pros
Dick's Sporting Goods has laid off 478 Professional Golfers' Association (PGA) teaching pros, according to a statement from the PGA. PGA pros are still being employed at Golf Galaxy, also owned by Dick’s SG…
Sig Sauer Announces Layoffs
Sig Sauer, the maker of firearms, announced that it had laid off an unspecified number of employees. The company, based in Newington, NH, cited a decline in gun sales after record-high sales in prior years…
Amer Sports Swings to Q2 Loss on Restructuring Charges at Wilson
Amer Sports, which owns the Salomon, Wilson, Arc'teryx, Mavix and Suunto brands, announced the next phase of its restructuring would focus on its Ball Sports segment after reporting charges at its Wilson brand caused it to swing to a loss on higher
Under Armour’s Q2 Revenues Jump 34 Percent
Under Armour, Inc. reported revenues increased 34 percent in the second quarter of 2014 to $610 million led by a 35 percent gain in apparel and 34 percent hike in footwear revenues. Net income in the second quarter of 2014 of $18 million was unchanged com
West Marine Cuts Guidance After Q2 Shortfall
West Marine Inc. lowered its guidance for the year after a disappointing second quarter. Second-quarter earnings were down 17.7 percent to $$18.3 million, or 75 cents a share, short of Wall Street's consensus estimate of 86 cents a share. Comparable-
Brunswick Corp. Posts 4 Percent Q2 Sales Gain
Brunswick Corporation reported sales grew 4 percent in the second quarter. The gains were led by its Fitness segment, with sales climbing 7 percent; followed by Marine Engine, ahead 4 percent; and Boat segment, up 3 percent. On a GAAP and as adjusted basi
Jarden Outdoor Profits Grow Six Times Faster Than Sales in Q2
Jarden Corp. reported earnings at its Outdoor Solutions segment grew 12.8 percent in the second quarter or more than six times faster than sales, which were up 1.9 percent from a year earlier…
Cabela’s Tops Q2 Estimates Despite Comp Drop
Cabela's Inc. reported second-quarter earnings slid 2.3 percent to $43.5 million, or 61 cents a share, but results came in well-ahead of Wall Street's consensus estimate of 51 cents a share. Comparable store sales decreased 14.2 percent…
Implus Acquires DryGuy and MaxxDry Dryers
Implus has acquired DryGuy, a leading supplier of footwear dryers and thermal layering systems. This latest addition to the Implus family of brands will fall under the company’s Outdoor Division, which also includes Yaktrax, ICEtrekkers and Little H
Soul Sports Lands $20,000 Relocation Grant From Park City
Soul Sports has obtained a $20,000 economic development grant to relocate its Soul Poles operation a ew miles to Park City, UT, the upscale mountain resort town that is recruiting sustainable businesses to diversify its economy. The award demonstrates the
Luxottica Says North American Sales Accelerated in Q2
Luxottica Group reported its North America sales accelerated in the quarter and that its sunglassess businesses continued to set the pace globally at both it Wholesale and Retail divisions. Ray-Ban and Oakley drove a 9.9 percent currency-neutral increase
Mavic Promotes Walker, Adds Sales Reps
Mavic Inc. has promoted longtime factory sales representative Aaron Walker to the new position of product merchandising manager and hired new sales reps in the upper Midwest and Mid-Atlantic regions…
Sierra Design Hires Conradt to Drive International Sales
Sierra Designs, which has recently reinvented its line of backpacking gear, rebuilt its U.S. sales team, has hired outdoor industry veteran Bill Conradt to drive international sales…
TomTom Doubles Sport Sales in Second Quarter
TomTom reported that revenues from sports products more than doubled in the second quarter thanks to the introduction of its Cardio GPS sport watches, which are now available in 26 countries…
Deckers Outdoor Sees 24 Percent Q1 Growth
Deckers Outdoor Corporation reported revenues improved 24.3 percent in the first quarter to $211.5 million with strong double-digit gains at Ugg, Teva and Sanuk. Sales were again led by direct-to-consumer with 29.4 percent growth at retail and 43.7 percen
