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.

  • thule_group_logo_black
    Article

    Thule Group operating income rises 3% in Q2

    2024-07-18T05:56:00

    Thule Group AB, despite a promotional North American market and lower RV products across Europe and Rest of World, reported a 3 percent gain in operating income to 732 million Swedish kroner (€63.3m) for the quarter ended June 30. Net income increased by 3.7 percent to SEK 559 million (€48.4m) ...

  • Helen of Troy_Logo
    Article

    Outdoor slowdown impacts Helen of Troy results

    2024-07-10T06:39:00

    Helen of Troy experienced a 520-basis point decline in Q1 adjusted operating margin for its Home & Outdoor segment to 10.6 percent from 15.8 percent for the period ended May 31.

  • Deckers
    Article

    Teva and Sanuk down, while Hoka accounts for strong FY24 at Deckers

    2024-05-24T06:33:00

    Deckers Brands, the parent of Hoka and Teva, among others, ended a successful fiscal year by reporting a 36 percent operating income increase in the final period to $144.3 million compared to $105.9 million. Gross margin expanded by 620 basis points to 56.2 percent.

  • VF_Blue_Ball_New_Logo
    Article

    VF share plummets 11.7% after poor Q4 results, but beats full-year cash flow forecast

    2024-05-23T06:50:00

    VF Corp. failed to exceed consensus estimates for quarterly sales and profit for a fourth consecutive quarter. The latest bad news for the parent of The North Face (TNF), Vans, Timberland and Dickies, among others, sent VF’s shares down 11.7 percent in after-market trading on May 22. The stock has ...

  • Amer_Sports_Logo.svgz
    Article

    Amer Sports’ Q1 revenue growth driven by Arc’teryx

    2024-05-22T06:29:00

    Bolstered by constant-currency growth of 48 percent for its Technical Apparel segment, including the Arc’teryx business, Amer Sports delivered Q1 sales and profitability above guidance in Q1. Operating profit fell by 16 percent to $109.0 million from $130.4 million in the period ended March 31. Ebit tumbled by 67 percent ...

  • Canada Goose
    Article

    DTC drives Canada Goose

    2024-05-20T07:06:00

    Canada Goose, which recently hired its first creative director to reshape its product portfolio and elevate its creative aesthetic, reported a 31 percent improvement in Q4 operating income to C$7.6 million (€5.1m) against a C$10.0 million loss in the year-ago period. Net income attributable to shareholders was C$5.0 million. Gross ...

  • vista_outdoor_logo_kopie_8
    Article

    Vista Outdoor weighs buyout offer, reports Q4 results

    2024-05-13T02:08:00

    The board of Vista Outdoor continues to recommend the sale of its The Kinetic Group to Czech group CSG, which would pay shareholders $12.90 a share in cash and one share in its Revelyst spin-off. However, the company will conduct a special meeting on June 14 to consider another buyout ...

  • YETI-USA-Logo-Social
    Article

    Yeti bumps up FY income outlook after solid Q1

    2024-05-10T01:56:00

    The outdoor product group maintained its full-year adjusted sales outlook of 7 to 9 percent growth. However, after reporting strong Q1 results, Yeti moved its adjusted operating income percentage target up slightly to 16.0 to 16.5 percent.

  • WOLVERINE-WORLDWIDE-INC.1
    Article

    Emerging ‘proof points’ are positive news for Wolverine

    2024-05-10T01:47:00

    In a self-proclaimed “transition year,” Wolverine Worldwide is beginning to witness ”proof points” that it hopes will signal an ongoing turnaround for the Saucony, Merrell and Sweaty Betty parent. These developments in Q1, where the company exceeded Wall Street’s revenue guidance, included higher gross margins, less promotion in the direct-to-consumer ...

  • GoPro_Logo
    Article

    GoPro says turnaround will take more time as Q1 loss widens

    2024-05-08T14:08:00

    GoPro’s Q1 revenues exceeded its guidance, but the operating loss increased for the period ended March 31. Founder and CEO Nicholas Woodman said the company is making progress on its multi-year strategy. Still, he urged investors to be patient as GoPro continues investing in a broader product line and retail ...

  • RevolutionRace_logo
    Article

    RVRC sets new three-year targets as Q3 results come in strong

    2024-05-07T12:43:00

    Swedish DTC outdoor company Revolution Race (RVRC) disclosed new three-year financial targets ahead of reporting strong Q3 results. The group intends to achieve annual sales growth of 20 percent and an adjusted EBIT margin of 20 percent through FY26/27. In late January, RVCR said its FY23/24 revenue objective was at ...

  • Clarus logo
    Article

    Quarterly loss widens at Clarus

    2024-05-04T01:09:00

    Despite the wider operating loss and slightly lower overall sales, Clarus, the parent of Black Diamond, Pieps, Rhino-Rack, Maxtrax and Tred Outdoors, saw sales momentum in its Adventure segment and operational improvement within the Outdoor segment. The period ending March 31 marked the first phase of the group’s three-year strategic ...

  • johnson-outdoors-vector-logo
    Article

    Johnson Outdoors suffers Q2 operating loss

    2024-05-04T01:05:00

    Each of Johnson Outdoors’s four segments reported a double-digit sales decline for the period ended March 29, and two, Watercraft Recreation and Diving, had a quarterly operating loss. The group’s aggregate Q2 operating loss was $253,000 against a profit of nearly $11.4 million in the year-ago period. Ebit slipped by ...

  • Garmin
    Article

    Garmin gains on positive results from fitness and automotive segments

    2024-05-02T05:56:00

    Swiss navigation and fitness device manufacturer Garmin, in its seasonally lowest quarter of the FY, reported a 51 percent increase in Q1 operating income to $298.4 million from $197.0 million for the period ended March 30. Net income was up 36 percent year-over-year to nearly $276 million, and gross margin ...

  • Compass-Diversified
    Article

    CoDi's aggregate Q1 sales nearly unchanged despite net loss

    2024-05-02T05:50:00

    The net loss from continuing operations in Compass Diversified’s (CoDi) branded consumer companies related to sports, outdoor and apparel (5.11 Tactical, Boa, PrimaLoft, and Velocity Outdoor) was $10.5 million against a profit of $1.79 million for the three months ended March 31. Aggregate sales for the four businesses were essentially ...

  • Rocky Brands
    News briefs

    Durango, Xtratuf brands drive Q1 sales for Rocky Brands

    2024-05-01T07:15:00

    Bolstered by double-digit sales increases for its Durango and Xtratuf footwear brands, Rocky Brands reported a 2.2 percent jump in Q1 revenues to $112.9 million from $110.4 million. Excluding Servus, a brand divested in March, sales rose by 7.6 percent year-over-year. Wholesale revenues (also excluding Servus) rose by 7.0 percent ...

  • Newell_Brands_logo
    News briefs

    Newell Brands broadens focus for Coleman

    2024-04-28T14:49:00

    Still working to turn around the fortunes of its struggling Outdoor & Recreation segment, parent Newell Brands has made numerous changes to the business. These include installing a new segment leadership team and broadening Coleman’s focus to all outdoor activities instead of camping exclusively.

  • Columbia Sportswear Company
    Article

    Columbia lifts FY guidance slightly despite lower Q1 profit

    2024-04-28T09:23:00

    Columbia Sportswear continues to project a 2 to 4 percent annual sales decline to $3.35 to $3.42 billion for the full fiscal year but has raised its operating profit outlook from a prior forecast by a modest 1 percent to $259–$291 million. Annual gross margin is now forecast to expand ...

  • polygiene_logo_general_formindfulliving_horisontal_rgb_pos_670869
    News briefs

    Polygiene’s recovery appears underway

    2024-04-26T08:40:00

    Polygiene, which forecasted a recovery in business conditions in mid-February, reported a 25 percent rise in Q1 sales to 35.1 million Swedish kronor (€3.02m) for the period ended March 31. Ebitda improved to SEK 4.8 million from negative SEK 1.4 million. The group generates an estimated 30 percent of its ...

  • Helen of Troy_Logo
    Article

    Strong demand for travel packs should bolster Osprey sales in EMEA, APAC

    2024-04-25T07:14:00

    Osprey parent Helen of Troy reported 5.4 percent Q4 sales growth for its Home and Outdoor segment to $223.3 million. Segment revenues were sparked by higher sales in the brick-and-mortar and club channels, higher insulated beverageware sales from its Hydro Flex business, and international growth led by strong demand for ...

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