SGB Update

On Again Lifts Guidance Following Strong Q3

On Holding AG raised its full-year outlook again after reporting earnings in the third quarter ended September 30 grew  20.5 percent on an adjusted basis on a 50 percent sales gain.

Winnebago Industries Sets 2025 Strategic Plan Targets

Winnebago Industries President and Chief Executive Officer Michael Happe and other company leadership team members provided its 2025 strategic plan targets during its Investor Day meeting and an overview of its long-term strategies, business updates and perspective on the outdoor lifestyle industry.

Snow Peak Opens First Shop-in-Shop In Costa Mesa, CA

Snow Peak, the Japanese outdoor lifestyle brand, opened its first shop-in-shop in the U.S., partnering with Costa Mesa, CA-based retailer Seed People’s Market, the outdoor retailer representing over 500 eco-conscious brands.

Planet Fitness Sets Three-Year Growth Target

During Planet Fitness’ first investor day, the company provided its three-year annual financial targets that call for annual growth in the low- to mid-teens in revenue, high-teens in adjusted EBITDA, and low- to mid-twenties in adjusted earnings per share.

Hurley To Open 10 Stores In 2023

Hurley expanded its U.S. store count to 40 and its global footprint to 50 since being acquired in 2019 by Bluestar Alliance, LLC from Nike, Inc. In 2023, Hurley said it plans to add another ten stores worldwide.

3Step Sports Names CEO

3Step Sports, the youth sports club and event operator, hired Tania King as CEO. Founder David Geaslen moves into the chairman role.

Dick’s SG Supply Chain Chief Retires

Dick’s Sporting Goods said in a regulatory filing that Donald J. Germano, EVP, stores and supply chain, retired from his position.

Nike Sued By Odell Beckham, Jr.

NFL wide receiver Odell Beckham, Jr. is suing Nike for refusing to pay him royalties and violating their contract, according to the Portland Business Journal.