Camping World Q3 Profit Falls 70 Percent as Inventory Cleared
As the procurement prices of model year 2024 new vehicles declined compared to model years 2022 and 2023, the company actively discounted certain used vehicles in Q3 to reduce inventory levels of aged used vehicles.
Vista Outdoor’s Revenues Decline 13 Percent in Fiscal Second Quarter
Vista Outdoor, Inc. reported sales dropped 13 percent in the fiscal second quarter ended September 24 with declines of 19 percent in its Sporting Products segment and 6 percent in its Outdoor Products segment. Earnings and sales results were in line with updated guidance given on October 16.
Nordica Appoints U.S. National Sales Manager
Nordica recently hired Andy Lovell as U.S. national sales manager. He is a 20-year veteran of the active outdoor industry. Most recently, Lovell was the global key accounts manager for W.L. Gore & Associates.
Riddell Extends NFL Helmet Partnership Through 2030 Season
Riddell has inked a 7-year extension of its partnership with the National Football League and will continue to serve as the Exclusive Licensee of Collectible Helmets and an Authorized Supplier of Helmets to the NFL through the 2030 season.
St. Croix Fly Adds Industry Vet as Southeast Sales Rep
The fly rod company hired Chase Pritchett as a sales rep for the Southeast U.S., covering Alabama, Georgia, Florida, South Carolina, North Carolina, and Tennessee.
Salvo Technologies Hires President of Salvo Sports Division
Most recently, Keith Enlow was president of Sierra Bullets and Barnes Bullets and Ammunition. Before that, he was the CEO for the U.S. Olympic and Paralympic Shooting teams. He has served in prior senior leadership roles at Remington Ammunition.
Good Feet Holdings Closes on Stretch*d Acquisition
Good Feet Holdings, LLC, a holdings group of wellness brands, including The Good Feet Store and ING Source, reported that it completed its acquisition of Stretch*d.
Burn Boot Camp Promotes Burke to COO
Burn Boot Camp, based in Charlotte, NC, promoted Amber Burke to chief operating officer. She was VP of franchise operations.
Deckers Brands Promotes Fox to Senior Marketplace Manager
Deckers Brands promoted Lindsey Fox to senior marketplace manager, trend and lifestyle. She was previously a senior account executive with Deckers for nearly five years.
Christy Sports Appoints Chief Marketing Officer
The retailer hired Danielle Quatrochi as chief marketing officer. In 2015, Quatrochi was honored as an SGB 40 Under 40 recipient when she worked as the VP of digital at The Finish Line, Inc. She also spent nearly ten years working at Nike.
Primary Arms Promotes Cumberland and Whatley to New Roles
The company promoted Özge Cumberland to chief business development officer and Aaron Whatley to VP of merchandising.
Canada Goose Appoints New CFO
Neil Bowden, Canada Goose deputy CFO, will move into the CFO role when current CFO Jonathan Sinclair moves to president, APAC region, both effective April 1, 2024.
U.S. Consumer Confidence Drops for Third Consecutive Month
The Conference Board said its consumer confidence index fell to 102.6 in October from an upwardly revised 104.3 in September. Economists polled by Reuters had forecast the index slipping to 100.0 from the previously reported 103.0
Brooks Running Eyes Return to Double-Digit Growth In 2024
Brooks Running’s global revenue grew 5 percent in the first nine months of 2023, with North America revenue increasing 7 percent. The Seattle, WA-based running brand, owned by Berkshire Hathaway, reported it “remains the leading running footwear brand across U.S. retail and forecasted a return to double-digit growth in 2024.”
Garmin Lifts Outlook On Q3 Beat
Garmin, Ltd. raised its guidance for the year as third-quarter results topped expectations. Among segments, fitness sales grew 26 and Outdoor advanced 7 percent while Marine declined 7 percent.
