Garmin Lifts Guidance As Q2 Returns To Growth
Garmin, Ltd. slightly raised its sales guidance for the year after reporting a return to growth in the second quarter, led by a 31 percent gain in the fitness segment. Sales were down 3 percent in the outdoor segment and 11 percent in the marine segment. Earnings and sales both topped analyst targets in the quarter.
Katadyn Group Hires Five U.S. Sales Agencies with Focus on Specialty Retailers
Katadyn Group has hired five sales agencies to cover the specialty outdoor retailers in the Northeast, Central, Rockies, and Mid-Atlantic regions of the United States. The agencies are as follows: Northeast: Velocity Sales Management, Michael Schmidt and Bill Bruzzese Central: Palisade Trading, Luke Olson and Ben Boynton Rockies: Alpin Sales, Mark Vaughn, Meg Fogg, James […]
Kelty Engages ORO Sales Group
Kelty hired On the Road and Off (ORO), a Southeast sales and marketing group, to grow sales for the brand’s camping, backpacking and lifestyle gear in the Southeast U.S.
Camping World’s Q2 Sales Skid 12.4 Percent
Profits at Camping World Holdings Inc. fell 67.3 percent in the second quarter ended June 30 as sales declined 12.4 percent.
Rocky Brands Logs Q2 Loss on 38 Percent Sales Tumble
Rocky Brands, Inc. reported a loss of $2.7 million in the second quarter ended June 30. Sales were down 38 percent, dropping 45.5 percent in the wholesale channel.
Weyco Group Sees Bogs Sales Decline 35 percent in Q2
Weyco Group Inc. reported North American wholesale sales at Bogs declined 35 percent in the second quarter ended June 30 as the company’s overall sales slid 10 percent. Weyco’s overall earnings rose 8 percent.
VF Corp. Sees Wider Q1 Loss and Revenue Decline as Vans Drag Continues
The home to the iconic Vans, The North Face, Timberland, Jansport, and Dickies brands, among others, saw 2024 fiscal first-quarter revenue slide 8 percent to $2.09 billion from $2.22 billion in the year-ago quarter.
Columbia Sportswear Cuts Full-Year Guidance On U.S. Weakness
Columbia Sportswear Co. reported second-quarter earnings and sales that topped Wall Street expectations, but lowered its outlook for the year as continued weakness in its U.S. offset strength overseas, including China. The company said it was undertaking expense reduction efforts to manage “near-term uncertainty.”
Big 5 Sees Q2 Same-Store Sales Decline 12 Percent
Big 5 Sporting Goods Corp. posted a slight loss in the second quarter ended July 2 as same-store sales dropped a worse-than-expected 12 percent due to cool weather impacting early spring selling. The California-based sporting goods chain generated positive EBITDA and earnings results were above the midpoint of its guidance range.
Thor Industries Shifts President Roles at Operating Units
Thor Industries, Inc. promoted key leaders for positions at several of its operating companies—Ryan Juday to president of KZ Recreational Vehicles and Kyle Kwasny as president of Heartland RV, effective August 1.
UYN Secures Rocky Mountain Sales Representation
UYN Sports, a maker of sustainable apparel, footwear and accessories based in Italy, named Granite Marketing its sales agency of record for the Rocky Mountain region.
Report: Under Armour Signs 10-Year Extension with Notre Dame
Under Armour reached a new $100 million ten-year licensing extension with Notre Dame, noted by Yahoo Sports as the most lucrative apparel contract in college athletics.
Empower’s Back-To-School Study Finds High Inflation Concerns
A survey conducted by Empower.com found that 85 percent of the parents they interviewed were impacted by inflation, affecting their ability to spend money this year for their kid’s back-to-school items.
361 Degrees Sees Profit Growth of 25 Percent or More in First Half
The company outlined four reasons for the strong double-digit profit growth for the six-month period ended June 30, 2023.
Under Armour Launches Rewards Program
Under Armour, Inc. launched its “UA Rewards” loyalty program that gives points to customers based on purchases, posting reviews and achieving fitness challenges.
