All articles by Bob McGee – Page 2
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ArticleShimano adjusts FY2025 net income forecast on currency impact
The Japanese company’s updated FY25 forecast reveals steady sales and operating income, but currency shifts force a cut to net income projections.
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ArticleKMD reports wider H1 loss, but Kathmandu sales trends improve
Despite a tough first half, the parent of Kathmandu, Oboz and Rip Curl sees positive momentum in DTC growth and forward wholesale orders across its key outdoor labels.
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ArticleSolo Brands faces uncertain future
The US outdoor lifestyle company faces financial uncertainty but outlines a turnaround plan, including cost cuts and pricing changes, as it seeks a return to profitability.
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ArticleRapala VMC makes progress stabilizing business in FY24
As the Finnish group prepares for a CEO transition, it reports mixed FY24 results, citing progress in efficiency and brand positioning.
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ArticleMixed results for CoDi’s outdoor business in Q4
Compass Diversified’s outdoor brands saw mixed Q4 results, with Boa and PrimaLoft growing while 5.11 and Velocity Outdoor struggled.
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ArticleAmer Sports sees 23% Q4 growth, strong Arc’teryx performance
CFO Andrew Page said a “financial turning point in Amer Sports’ journey” occurred in Q4 as the company reported strong Q4 and FY24 results that included strong free cash flow and a “continued transformation” of its capital structure.
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News briefsJack Wolfskin operating income projected to rise on lower sales
Topgolf Callaway’s Active Lifestyle segment faces a challenging 2025 outlook after flat 2024 revenues and a drop in European wholesale sales.
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ArticleFirst phase of Wolverine’s turnaround is complete
The parent of Merrell sees progress in its turnaround plan, but retail challenges and tariffs loom.
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ArticleGarmin shares jump to all-time high after Q4 results exceed estimates
The Swiss company’s stock surged 27% as Q4 earnings beat forecasts, with strong growth in outdoor and fitness segments.
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ArticleShimano reports sales decline and profit drop across all segments in 2024
The Japanese group – and the world’s leading bicycle component manufacturer – reports a 22% drop in 2024 operating income due to weak bike and fishing sales but forecasts growth in 2025.
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ArticleFenix Outdoor generates Q4 operating profit on lower sales
The group, with Swedish roots and based in Zug, Switzerland, navigates a challenging 2024 with mixed results, citing weather impacts and credit issues.
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News briefsGoPro cuts costs, delays launch of new 360 camera
Facing revenue declines and delayed product launches, GoPro slashes costs and refocuses on growth to regain profitability by 2026.
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ArticleThule to ratchet up product development, supply chain efficiency
The Sweden-based manufacturer of transportation, outdoor and camping gear boosts revenues and expands product lines, navigating market hurdles with strategic priorities for fiscal year 2025.
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News briefsNewell Brands’ outdoor business will introduce innovations in 2026
The US-based company delays major outdoor product launches to 2026, with growth expected next year despite current sales declines for brands like Coleman and Marmot.
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News briefsCraft’s parent reports growth, expands to Canada
New Wave Group posts strong Q4 results with US and European growth while planning to expand Craft teamwear into Canada this year.
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ArticleCanada Goose exceeds income forecasts despite revenue dip
The Canadian luxury outerwear company surpasses profit expectations amid mixed regional sales, strategic inventory cuts and shifting forecasts for DTC growth.
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ArticleColumbia ramping up marketing spend, new products this year
Columbia Sportswear plans a marketing revamp, cost reviews and global expansion to counter a challenging FY24.
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ArticleJohnson Outdoors reports loss in seasonally slow quarter
US outdoor brand Johnson Outdoors posts a $20.2M loss as revenues drop 22%, with its fishing and diving segments hit hardest by market challenges.
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ArticleDometic declines to predict demand; Q4 operating profit tumbles
Dometic faces revenue declines and an operating loss as cautious consumer spending impacts demand. The company hopes for a gradual recovery in 2025.
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ArticleTNF, Timberland each generate higher Q3 sales
VF Corp’s outdoor brands saw sales growth, but challenges remain as the company navigates its transformation plan. Investors await key updates in March.
