Latest Financial Results – Page 33
-
Article
American Outdoor Brands lowers guidance on coronavirus fears
American Outdoor Brands’ shares plunged by 30 percent after it sharply lowered its guidance for the current financial year, owing to the negative effects of the coronavirus outbreak. The parent company of Smith & Wesson and other operations now expects sales to stand between $650 and $660 million, down from ...
-
ArticlePrimaloft will make more noise
(SGI) No figures are available, but Primaloft is said to have become very profitable after growing for a while at a double-digit rate every year. Some of the profits are going to be reinvested in consumer-oriented advertising to build up brand awareness, probably starting with the autumn/winter 2021 season, to ...
-
ArticleRocky Brands’ momentum continues
After several quarters of good results, Rocky Brands ended the year on a high, scoring a net income increase of 41.0 percent for the fourth quarter to $5.1 million, on revenues that went up by 12.1 percent to $75.3 million, both exceeding analysts’ forecasts. The management attributed the significant improvement ...
-
ArticleVista Outdoor may be turning the corner
Vista Outdoor has reported a 4 percent increase to $45.1 million for Camelbak and Camp Chef in its third quarter ended on Dec. 29, thanks to good sales during the Christmas shopping period. The launch of 16 new websites for these and other brands in its Outdoor Products division, including ...
-
ArticleYeti’s multi-channel efforts paid off in 2019
The American Yeti continued to grow strongly last year. In the fourth quarter, the American supplier of coolers, drinkware and other outdoor equipment recorded a 23 percent gain in revenues to $297.6 million, driven by strong growth in direct-to-consumer (DTC) sales, which increased by 35 percent to $149.0 million. Wholesale ...
-
ArticleDisappointing end of the year for Fenix
Blaming unfavorable weather, product recalls and ongoing challenges in IT, the Fenix Outdoor International group, whose holdings include the Globetrotter chain and the Fjällräven brand, posted weak results for the fourth quarter of 2019.
-
ArticleChemicals and coronavirus weigh on Wolverine’s results
The group’s two biggest footwear brands, Merrell and Sperry, helped Wolverine World Wide finish the last year on a high in terms of revenues, with both of them scoring growth in the mid-teens for the fourth quarter ended on Dec. 28. The company also benefited from an acceleration in direct-to-consumer ...
-
ArticleDecathlon grows by 9.2% in 2019
(SGI) Decathlon has reported a sales increase of 9.2 percent to €12.4 billion (before sales taxes) in 2019, with a gain of 9.1 percent in local currencies and including growth of 3 percent to €3.3 billion in the domestic French market.
-
ArticleOutdoor and Fitness are Garmin’s power engines
Garmin’s revenues jumped by 18 percent to $1,102 million in the fourth quarter, once again lifted by fitness and outdoor products. Net earnings soared by 90 percent to $360.8 million.
-
ArticleGoPro ends the year on a high
(SGI) The battered American brand of action cameras benefited from production delays in the third quarter, which pushed deliveries of GoPro’s new Hero8 cameras into the fourth quarter, leading the company to record strong results for the three months to Dec.31. Revenues soared by 40 percent to $528.3 million during ...
-
ArticleUvex partners with fall sensor startup, increases turnover in 2018/19
(SGI+) The German helmet and eyewear specialist Uvex is starting to distribute the eponymous sensor system of Tocsen, a start-up in Freiburg, Germany. Tocsen consists of a fall sensor and app to detect when a helmet wearer crashes. It checks the state of the fallen skier, snowboarder or cyclist, routes ...
-
Article
Columbia’s sales growth is softening
The management of Columbia Sportswear is projecting an increase of 4.5 to 6.0 percent in its total sales this year, with an operating margin of 12.6 to 12.8 percent.
-
ArticleJohnson Outdoors’ profits up 83%
(SGI) Johnson Outdoors recorded strong gains in revenues and profits in all its divisions except Watercrafts for its first fiscal quarter, ended on Dec. 27, 2019. The company’s net income jumped by a staggering 83 percent from the year-ago period to $6.4 million.
-
Article
VF lowers its outlook
(SGI) In releasing its results for its third quarter ended on Dec. 28 on Thursday, VF Corporation said its business so far this year has performed at the high end of its group’s long-term growth objectives, but the management admitted that it will not be able to meet the targets ...
-
Article
Hydro Flask is once again Helen of Troy’s shining star
Lifted by Hydro Flask, sales at Helen of Troy’s Housewares segment jumped by 28.5 percent to $183.2 million in the fiscal third quarter ended on Nov. 30. The better-than-expected results led the group to lift its guidance for the year.
-
Article
Mountain Warehouse’s sales up by 16%
For the 13 weeks ended on December 29, 2019, Mountain Warehouse saw sales climb by 16.2 percent to £95.8 million (€112.0m-$125.0m).
-
Article
The North Face and Vans drive VF’s results
Despite strong earnings and robust sales, VF Corp. posted results in the latest quarter that missed Wall Street's expectations. Total sales improved by 5 percent to $3,393 million for the company's second fiscal quarter ended on Sept. 30, or by 7 percent in constant currencies. Adjusted to exclude the spin-off ...
-
Article
Another set of record results for Columbia
Columbia Sportswear is having a vintage year, scoring record results for the past two quarters. Revenues rose by 14 percent in the third quarter ended on Sept. 30 to $906.8 million, while net income improved by 19 percent to $119.3 million – both all-time records for the group. The ...
-
Article
Schwan-Stabilo’s outdoor group is flattish
Continued double-digit growth at Ortovox and a slight increase at Gonso were insufficient to compensate for sales declines at Deuter and Maier Sports during the financial year ended on June 30. As a result, the Outdoor division of the Schwan-Stabilo group saw its total revenues fall slightly by 0.6 percent ...
-
Article
Moncler’s sales grow despite Hong Kong riots
Moncler posted consolidated revenues of €995.3 million in the first nine months of the year, representing a 14 percent increase at current exchange rates versus the same period in 2018. At constant exchange rates, the increase was 12 percent. The double-digit revenue growth continued through the third quarter, with sales ...
