Latest Financial News – Page 3
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ArticleVista Outdoor reports solid Q2
Both segments performed satisfactorily in Q2 in the midst of the spin-off plans, with strategic cost-cutting initiatives boosting profitability.
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ArticleDespite declines, Clarus sees improvement in outdoor and adventure
Revenue shifts in outdoor and adventure gear reflect strategic adjustments aimed at overcoming challenging consumer demand in key market segments.
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ArticleSolo Brands reports Q3 losses, reaffirms FY24 outlook
The outdoor lifestyle brand reports mixed quarterly results, but it maintains its revenue projections for the year.
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ArticleCanada Goose Q2 profit rises despite revenue decline
The quarter saw a 30% drop in operating income amid declining wholesale and DTC sales, but a tax recovery lifted profitability by 54% to C$6.3M.
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ArticleYeti makes progress with supply chain diversification as Q3 sales jump 10%
The outdoor company diversifies production, opens a new facility and reports 10% sales growth in Q3, driven by strong drinkware and cooler sales across all channels.
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ArticleBike24 sees modest Q3 growth, maintains 2024 forecast
The e-tailer posted 2.9% Q3 revenue growth, driven by strong bike sales and strategic pricing, while focusing on profitability in a challenging market.
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ArticleRVRC sees sales growth accelerate at end of Q1 hit by warm weather
Sales growth picked up for Revolution Race, with gains in key regions despite a modest quarterly increase and challenges in Nordic markets.
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ArticleUSWE reports improved earnings in Q2 despite sales challenges
The Swedish hydration gear specialist shows resilience with improved Ebitda and expanded distribution network despite slight revenue decline.
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ArticleFox Factory bicycle product sales on the rise again
The acquisition of Marucci Sports has impressively increased the sales of the suspension expert’s Sports Specialty Sports Group in Q3, despite a downward trend in the other segments.
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ArticleMoncler Group revenues rise 6% in nine months
The Italian luxury group reported a 6% revenue rise over nine months, led by robust DTC sales and substantial gains in Asia, despite challenges in Japan.
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ArticleColumbia’s Q3 sales dip, but gross margin improves
Despite a 5 percent decline in revenues largely attributable to weak consumer demand in the US, Columbia Sportswear improved its Q3 gross margin by 150 basis points to 50.2 percent due to lower freight costs and a favorable channel and regional sales mix. Third quarter operating income slipped by 16 ...
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ArticleRocky Brands sees FY sales falling to low end of guidance ahead of growth next year
Rocky Brands blames it on delivery delays, which particularly affect Xtratuf.
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ArticleCoDi’s branded consumables turn Q3 profit despite lower sales
Compass Diversified’s sports and outdoor brands, including PrimaLoft and Boa, boosted Q3 profits to $11.2 million, overcoming last year’s losses.
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ArticleGarmin lifts annual forecast, with the outdoor segment helping growth in Q3
The Swiss fitness device manufacturer boosted its annual forecast again after a stellar Q3, with operating income up 62% and net income up 55% on double-digit growth across all segments.
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ArticleIn Q3 2024, land will be in sight again for Leatt
The South African company sees hope in Q3 2024, reporting a slight revenue rise and inventory stability despite a 75% profit drop, and is optimistic about a future rebound.
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ArticleWeak demand impacts Shimano’s nine-month results
The leading bike parts maker faces demand challenges, seeing a 30% drop in operating income and an 11% revenue decline amid economic headwinds worldwide.
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ArticleVF Corp. achieves Q2 gains in turnaround progress
The owner of TNF, Vans and Timberland posted sales improvement, higher margins and inventory cuts in Q2 2025, edging closer to its FY goals.
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ArticleFenix Outdoor reports mixed Q3 performance with decline in branded segment
The group’s Q3 saw branded segment sales drop 21%, while the retail segment performance varied by region.
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ArticleNewell shrinks Outdoor & Rec loss despite lower sales
Newell’s Outdoor & Recreation sales drop 21% in Q3, but Coleman’s refreshed brand strategy shows promising early growth.
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ArticleDometic weighs further restructuring, strategic improvements
The Swedish group faces a tough Q3 with a 17% revenue drop, and explores cost cuts and potential divestments; more details are expected with Q4 results.
