Bob McGee

Bob McGee

Bob McGee is our expert for financial analysis and reports. If you want to know something about turnovers, growth rates or sales per employee Bob is your go-to guy.

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    Data & Analysis

    Global outdoor footwear market grows 17.8%


    2022 outdoor footwear sales are up. 5 companies represented just over 50% of all sales. Find all the sales, growth and market share numbers here.


    Wolverine lowers outlook as transformation plan picks up pace


    Wolverine Worldwide’s Q3 results weren’t pretty, but they did exceed Street estimates on several fronts as the Merrell, Saucony, and Sweaty Betty parent moved forward with numerous initiatives aimed at reducing annualized costs by $215 million and turning the company’s fortunes in the right direction again.

  • RevolutionRace_logo
    News briefs

    Revolution Race’s Q1 net rises 36% on strong sales growth


    Fueled by 44 percent growth in its Rest of World region, the Swedish DTC outdoor company Revolution Race (RVRC) generated 24 percent revenue growth to 342 Swedish kroner (€29.2m) for its first quarter ended Sep. 30. Adjusted Ebit, excluding SEK 12 million in costs related to an incentive program, improved ...

  • Compass-Diversified
    News briefs

    CoDi’s large premium for Marucci will benefit the business


    Compass Diversified’s decision to divest its Marucci Sports business to Fox Factory for $572 million after purchasing the brand for $200 million in 2020 will help the company reduce its cost of capital and give it “greater ability to increase shareholder returns,” it said in a statement.

  • garmin

    Garmin posts strong Q3 results


    Bolstered by double-digit percentage growth in revenue, operating income and net income and record Q3 sales in four of five segments, Garmin reported a 12.9 percent increase in operating income to $270.4 million for the period ended Sept. 30 as net income came in 22.0 percent higher at $257.2 million ...

  • vista_outdoor_logo_kopie_8

    Vista Outdoor will prioritize debt reduction ahead of vote on Sporting Products divestiture


    Vista Outdoor, which agreed in mid-October to sell its Sporting Products business to Czechoslovak Group a.s. (CSG) for an enterprise value of $1.91 billion, says it will continue to prioritize debt reduction ahead of a vote by shareholders to approve the sale. The company finished Q2 on Sept. 24 with ...

  • Fenix_Logo

    Fenix Outdoor vows to spend more on marketing


    Faced with still too much inventory but also high supply chain and product standards,  Fenix Outdoor intends to dedicate more dollars to marketing, particularly in Germany and the US, to “explain to the [outdoor] consumers what we stand for,” commented Chairman Martin Nordin in a statement.

  • VF_Logo_Vert_FullColor_NoReg_CMYK-medium

    VF abandons FY guidance, commences turnaround strategy


    Admitting its U.S. business “isn’t working well” and its cost structure is too high, VF Corp. reported its Q2 results with a comprehensive plan to turn around its flagging businesses under CEO Bracken Darrell, who joined the group in late July. Key elements of the strategy focus on fixing its ...

  • Deckers

    Deckers raises full-year guidance again on continued strength of Hoka, plans to divest Sanuk


    Bolstered by sales contribution from its Ugg brand and continued momentum in its Hoka business, Deckers Brands generated a 76 percent increase in Q2 operating income to $224.6 million on nearly 25 percent total net sales growth to $1.09 billion for the three months ended Sept. 30. Net income was ...

  • thule_group_logo_black

    Thule gets Q3 boost from bike-related sales in Europe


    Sales increased by 8.0 percent to 2,311 million Swedish kroner (€196.0m) for the three months ended Sep. 30 but were up only 0.8 percent on a constant-currency basis. Operating income rose by 86 percent year-over-year to SEK 359 million (€30.4m) as the company’s new CEO and President Mattias Ankarberg took ...

  • Columbia Sportswear Company

    Columbia lowers FY23 outlook, braces for challenging Spring ’24


    Columbia Sportswear, despite making strides in its ongoing inventory reduction program and improving its quarterly gross margin by 70 basis points to 48.7 percent, reported a 7 percent decline in Q3 net income to $103.5 million from $111.8 million for the period ended Sep. 30. Period operating income was also ...

  • Shimano_logo.svg

    Shimano cites weak demand as nine-month results slip


    Numerous global factors, including a “lackluster economy” in Europe and a ”sluggish” recovery in China, Shimano reported a 19.8 percent decline in total sales to ¥375.27 billion (€2.36bn) for the first quarters of fiscal 2023. Operating profit fell by 43.0 percent to ¥72.09 billion (€453.0m) from ¥126.58 billion for the ...

  • Osprey logo

    Accelerated travel demand boosts Osprey sales in Q2


    After citing Osprey’s recent strong performances in Great Britain and Germany, parent Helen of Troy says the outdoor brand should generate additional sales growth in H2 on demand for its core backpack and in the adjacent on-trend travel packs. Osprey, thanks to accelerated travel demand and an improved year-over-year inventory ...

  • KMD Logo

    KMD Brands’ FY results marred by poorer consumer sentiment in Q4


    Strong sales growth from all three of KMD Brands’ brands – Rip Curl, Kathmandu and Oboz – was offset by weaker results in the year’s final period ended July 31. Annual Ebitda rose 11.2 percent to 200.1 New Zealand dollars (€117.1m), but net profit was essentially flat at NZ$36.6 million ...

  • Amer_Sports_Logo.svg
    News briefs

    Amer Sports with best H1 since acquisition by Anta Sports


    Helsinki-based sports equipment manufacturer Amer Sports has recorded its best H1 since the company was acquired by a consortium of buyers led by the Chinese group Anta Sports Products Ltd. in 2019. Amer’s revenues rose by 37 percent to 13.27 million yuan renminbi (€1.77bn) for the six months ended June ...

  • New Wave Logo

    New Wave pushes operating profit up despite small sales dip


    New Wave Group, which added Swedish outdoor company Tenson AB to its sports & leisure portfolio on July 1, realized a 4.2 percent increase in segment operating income to 140.2 million Swedish kroner (€12.5m) from SEK 134.5 million for the three months ended June 30. Segment sales declined by 1.4 ...

  • Samsonite Logo
    News briefs

    Samsonite pack sales increase by 17 percent in H1


    Samsonite did not breakout sales of Gregory Mountain Products in its H1 report. Instead, the pack brand was lumped into an Other segment along with High Sierra, Kamiliant, ebags, Xtrem, Lipault and others.

  • YETI-USA-Logo-Social

    Yeti sales outside US rise 18 percent in Q2


    Yeti, the Texas-based drinkware and cooler company, generated 18 percent Q2 sales growth in markets outside the U.S. to $56.7 million, as US revenues fell by 7 percent to $345.9 million for the period ended July 1.


    Wolverine Q2 results slump, new CEO set to lead turnaround


    Chris Hufnagel, who was just named the President and CEO of Wolverine Worldwide, Inc. with immediate effect following the sudden departure of Brendan L. Hoffman, faces numerous headwinds from day one, with the group’s Q2 figures now released. They range from getting inventory and debt to proper levels and driving ...

  • Clarus logo

    Clarus posts Q2 loss, revises FY guidance downward


    Despite 28 percent year-over-year sales growth in the direct-to-consumer channel, Clarus Corp. reported a Q2 loss of $2.1 million against a profit of $3.8 million for the period ended June 30.

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