Accell Says E-bikes Offset Lower Unit Sales in Q2
Accell Group N.V., which sells Raleigh, Diamondback, Lapierre and ebikes in the United States, recorded net profit increased 13 percent in the second quarter compared to a year earlier as rising sales of ebikes continued to offset a decline in traditional
Raleigh’s Shift Away From Mass Costs Accell North America Millions in Q2
Accell Group decision to stop selling Raleigh bikes to mass merchants in North America cost it millions of dollars in the six months ended June 30…
Under Armour’s Momentum Continues in Q2
With a particularly encouraging performance from its footwear category and international overall, Under Armour reported second-quarter results that exceeded expectations, prompting it to sharply raise its guidance for the full year. The company took its f
Deckers Outdoor Hikes Guidance on Robust Q1 Revenues
Deckers Outdoor reported fiscal first-quarter revenues jumped 24.3 percent, coming in well above Wall Street’s targets on the strength of strong double-digit growth for Ugg, Teva and Sanuk. With its loss in the traditionally small quarter for the co
Callaway Golf Claims Turnaround Continues
Callaway Golf Co. reported lower sales and profits in the second quarter but asserted that its turnaround is “well underway and positioning it for a return to profitability for the full year.”..
Fitness Pace’s Brunswick Corp. Q2 Revenues
Brunswick Corporation’s second-quarter sales grew 3.8 percent in the second quarter. Earnings rose 10.2 percent to $88.6 million, or 93 cents a share, besting Wall Street’s consensus estimate of 91 cents a share…
West Marine Slashes Guidance After Q2 Shortfall
Continuing to feel the impact of a slow start to the boating season due to “harsh winter and spring weather,” West Marine Inc. reported second-quarter earnings slid 17.7 percent to $18.3 million, or 75 cents a share, falling short of Wall Stre
Rocky Brands Q2 Revenues Climb Double-Digits
Rocky Brands, Inc. reported second quarter sales increased 15.8 percent to $68.8 million, led by double-digit sales increases on a percentage basis in its Work, Western, and Hunting categories…
HanesBrands Q2 Boosted by Activewear
HanesBrands, the parent of Champion, Hanes and Gear for Sports, reported that acquisition benefits, a strong Activewear performance, and increased operating efficiencies drove record second-quarter financial results. The company again raised its full-year
Skechers Delivers Blowout Quarter
Marking the highest quarterly sales in the company's 22-year history, Skechers USA, Inc. reported second quarter sales jumped 37.1 percent to $587.1 million…
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…
Sierra Designs Hires Head of Global Sales
Sierra Designs has hired outdoor industry veteran Bill Conradt to the head of global sales position…
Xpress Boats Signs Marketing Agreement with Lew’s Reels
Xpress Boats of Hot Springs, Arkansas has announced a collaborative marketing agreement with Lews Reels, makers of the Lews Speed Spool, which launched the low-profile craze more than 40 years ago…
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…
