All articles by Heather O'Brian – Page 2

Article

Vista Outdoor raises guidance after record Q3

2022-02-04T07:53:00Z

Minnesota-based Vista Outdoor raised its guidance for its fiscal year ending this March after reporting record results in the third quarter ended Dec. 26 amid continued high consumer demand for sporting and outdoor products. Vista Outdoor is now projecting fiscal year 2022 sales of $2.97 billion to $3.0 billion, representing ...

Article

TNF drives VF Corp.’s sales and outlook

2022-01-29T15:46:00Z

VF Corp., the owner of brands such as Vans, The North Face and Timberland, cut its overall sales guidance for the financial year ending in March 2022 to $11.85 billion from a previous $12.0 billion, as it once again lowered the forecast for its Active segment, led by Vans, while ...

News briefs

Unifi profits pressured despite higher-than-expected sales

2022-01-28T10:59:00Z

Unifi, Inc., a U.S.-based producer of recycled and synthetic yarns, saw sales in the second quarter of its fiscal year grow strongly, although rising labor and input costs squeezed profit margins. In the second quarter ended Dec. 26, sales increased by 23.7 percent from the year-earlier to $201.4 million, as ...

Article

Dometic’s top line boosted by M&A, optimistic about demand outlook

2022-01-27T17:03:00Z

Dometic reported sales in the fourth quarter of 5,542 million Swedish kronor (€532.0m-$593.9m) , an increase of 32 percent on the previous year, as management expressed optimism on the demand outlook in coming quarters but warned about persistent clouds on the supply chain front. Sales growth at the Swedish specialist ...

Article

Helen of Troy raises outlook after Osprey acquisition, strong Q3 showing

2022-01-07T13:14:00Z

Helen of Troy, the El Paso, Texas-based consumer goods company that owns outdoor drinkware brand Hydro Flask and Oxo and recently closed a deal to acquire backpack manufacturer Osprey Packs, raised its guidance for the full fiscal year to take into account that acquisition and after posting better-than-expected results in ...

Article

Johnson Outdoors Q4 sales rise slightly over “unprecedented” 2020

2021-12-12T17:41:00Z

Johnson Outdoors saw sales inch up slightly in the fourth quarter of its financial year, as demand for fishing, camping and water recreation products remained strong following “unprecedented” growth in the year-earlier and diving continued a recovery underway since the third quarter. Total company sales in the three months ended ...