The latest financial results from the key players in the outdoor industry.
RVRC reports 18% revenue growth, expands global presence
RevolutionRace’s sales growth in 2023/24 was driven by international expansion and product development as it broadens its global presence across 40 countries.
Helen of Troy reports higher sales, lower operating profit for Home & Outdoor segment
The Texas-based company’s Home & Outdoor segment saw a slight revenue boost but a 14% drop in operating income, with Osprey and Hydro Flask expanding distribution.
Outdoorsy Group plans European expansion after $3bn milestone
The US-based outdoor travel operator surpasses $3 billion in sales and has bold plans to expand its RV rental marketplace and insurance services across Europe.
KMD Brands reports 11.2% drop in FY24 sales
Weak consumer sentiment led to a challenging year for KMD Brands, parent of Rip Curl and Kathmandu, with a net loss of NZ$48.3 million.
Alfa is stronger than ever and has a new head office
Norwegian shoe brand Alfa Sko has moved into a brand-new headquarters and expects record sales in 2024.
Spinnova: Navigating challenges and embracing strategic shifts in H1
The Finnish innovator in sustainable textiles navigates financial challenges with strategic shifts, boosted by a key partnership for a new production facility.
Amer Sports lifts FY guidance after strong Q2 driven by Arc’teryx
Arc’teryx drives Amer’s Q2 success, boosting stock by over 10% and leading to an upgraded full-year forecast with strong growth in Technical Apparel.
Things are improving at Merida
Taiwan’s second-largest bike producer saw a strong recovery in Q2 with a 25% revenue increase, signaling a positive outlook for the rest of the year as production ramps up.