OR Show, Surf Expo Parent Sees Q3 Revenues Decline 18 Percent
Emerald Holding, Inc. reported a sales decline of 18.4 percent due to the shift in the timing of events in the current year versus the year-ago period.
Gildan Activewear’s Q3 Revenues Advance 6 Percent
Gildan Activewear, Inc. reported that adjusted earnings per share rose 5 percent in the third quarter ended October 2 year over year. Sales advanced 6 percent as a 13 percent increase in activewear sales offset a 26 percent decline in the hosiery and underwear category.
Under Armour Slightly Lowers Full Year Outlook
Under Armour Inc. slightly reduced its EPS and sales guidance for the year despite reporting fiscal second-quarter results that were in line with company expectations and just ahead of Wall Street targets.
Crocs Lifts Guidance As Q3 Results Beat Plan
Crocs Inc. raised its outlook for the year after reporting third-quarter earnings and sales topped guidance. Sales in the quarter jumped 57.4 percent with Crocs brand expanding 14.3 and Heydude surging 87 percent.
Sturm Ruger’s Q3 Sales Slide 22 Percent
Sturm, Ruger & Company, Inc. reported earnings fell about 50 percent in the third quarter as sales declined 21.8 percent.
Vista Outdoor Cuts Outlook On Weakness In Outdoor Products Segment
Vista Outdoor Inc. became the latest firm in the active lifestyle space to reduce its guidance for its fiscal year due to the macroeconomic challenges with sales particularly weakening in its Outdoor Products segment. Second-quarter results came in line with recently updated guidance.
The Conservation Alliance Announces New Executive Director
The Conservation Alliance hired Nicole Rom as executive director and promoted its interim Executive Director, Shoren Brown, to vice president, public affairs.
Kitzuma Temporarily Suspends Delivery Service
Kitzuma Cycling Logistics suspended its delivery service for the fall and winter and laid off most of its drivers due to slowing demand for its door-to-door bike shipping business.
GOA Reports YTD Sales Growth Of 8.2 percent
Grassroots Outdoor Alliance (GOA) announced that based on topline revenue data provided by its retail members, GOA group sales numbers were up 8.2 percent year-to-date over 2021, which was a record-setting year for the group.
Rocky Brands’ Q3 Sales Expand 17.5 Percent
Rocky Brands Inc. reported a profit against a loss in the third quarter ended September 30 as sales grew 17.5 percent and expenses were sharply reduced year over year.
Vittoria Industries To Move North America Headquarters To Bentonville
Vittoria Industries North America is moving its headquarters from Oklahoma City to Bentonville, AK taking space in the Ledger, a new six-story building downtown, providing employees with a bike-friendly facility. The move is expected to take place in December 2022.
Camping World’s Q3 Sales Expand 3 Percent
Camping World Holdings reported earnings rose 45.6 percent in the third quarter ended September 30 on a sales gain of 3.2 percent.
Bogs Revenues Climb 52 Percent In Third Quarter
Weyco Group, Inc. reported North American wholesale revenues at Bogs jumped 52 percent in the third quarter that ended September 30 as overall sales grew 57 percent.
Canada Goose Lowers Outlook Despite Q2 Exceeding Expectations
Canada Goose Holdings Inc. reported results for the second quarter ended October 2 that easily topped analyst estimates but the company reduced its outlook for the year due to weakness in China as well as the uncertain global macroeconomic climate.
Big 5’s Q3 Earnings Arrive Near Top Of Guidance
Big 5 Sporting Goods Corp., as expected, reported sales and earnings in the third quarter came in below year-ago levels, but earnings arrived at the higher end of guidance, and sales exceeded pre-pandemic 2019 levels. Fourth-quarter same-store sales are projected to decrease in the high single-digit to low double-digit range.
