All Financial results articles – Page 78
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McTrek, the German outdoor retailer, reports a 13 percent sales...
McTrek, the German outdoor retailer, reports a 13 percent sales increase to €47.2 million in 2015 for its chain, which consists of 35 physical stores and an online shop. Ulrich Dausien, the former Jack Wolfskin executive who founded McTrek in 1995, attributes the sales increase to a trading-up process for ...
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On the back of relatively strong trading in the last...
On the back of relatively strong trading in the last two months, the board of the JD Sports Fashion group predicts that its profit before tax and exceptional items for the current financial year is likely to reach £10 million more than market expectations of £125 million (€172.1m-$189.5m). The board ...
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Bogs continued to grow rapidly in the third quarter, raising...
Bogs continued to grow rapidly in the third quarter, raising its sales by 20 percent, contributing to a 4 percent increase to $91.2 million in the turnover of its parent company, Weyco Group. The total turnover was dragged down by sales declines for Florsheim in the U.S. as well as ...
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Compass Diversified Holdings (Codi), the former parent company of Camelbak,...
Compass Diversified Holdings (Codi), the former parent company of Camelbak, reported net income of $164.5 million for the third quarter. That came after recognizing a net gain of $151,075,000 from its sales of Camelbak to Vista Outdoor as well as a gain of $11,784,000 from an upward adjustment in Codi's ...
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The “sport system” in the industrial cluster of Montebelluna, which...
The “sport system” in the industrial cluster of Montebelluna, which includes many large and small outdoor-related companies, generated total sales of €1.44 billion in 2014, up from €1.28 billion in 2007, just before the latest economic crisis. The number of companies involved in the sector declined from 491 to 487, ...
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News briefs
The U.S. National Park Service (NPS) may be set for...
The U.S. National Park Service (NPS) may be set for another record year in terms of visitors. Total visits to the 370 national parks, recreation sites, monuments and the other destinations managed by the NPS grew by 5.62 percent in September to 29.8 million. For the first nine months of ...
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News briefs
In a presentation to financial analysts, Crocs predicted that its...
In a presentation to financial analysts, Crocs predicted that its sales will fall about $10 million below its previous forecasted range of $280 to $290 million during the third quarter of this year. The revised guidance stems from the strong dollar and the company's decision to hold back about $6 ...
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News briefs
Sales of hammocks, coolers and thermal/insulated containers for camping and...
Sales of hammocks, coolers and thermal/insulated containers for camping and other purposes have grown rapidly in the U.S. in recent years, according to research conducted by the NPD Group. Sales of hammocks have more than doubled in terms of volume and value over the past two years, lead by the ...
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News briefs
Wolverine Worldwide, which is scheduled to report its third-quarter results...
Wolverine Worldwide, which is scheduled to report its third-quarter results on Oct. 20, told the Goldman Sachs Retail Conference last month that foreign currencies will continue to impact its profitability through the first quarter of 2016. Product costs are affecting gross margins, but they are slightly mitigated by lower commodity ...
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Reporting on some preliminary results before and during an investors'...
Reporting on some preliminary results before and during an investors' conference, Wolverine Worldwide's management indicated that its revenues declined by between 4 and 5 percent in the second quarter. They were flat in terms of local currencies and excluding the phase-out of the Patagonia license and the closure of retail ...
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News briefs
The NPD Group reports that U.S. sales of camping-related products...
The NPD Group reports that U.S. sales of camping-related products such as coolers and hammocks have soared in the year until June, tying in with the requirements of outdoor consumers who increasingly seek the comforts of home for their outdoor experiences. This particularly applies to millennials, according to NPD. Sales ...
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News briefs
The closure of various polluting viscose fiber plants in China...
The closure of various polluting viscose fiber plants in China helped to raise viscose fiber prices and contributed to lift the demand for Lenzing's wood-based Modal and Tencel fibers in the first half of this year. Combined with positive currency effects and a better product mix, this led the Austrian ...
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Sequential Brands, owner of many brands including Avia, And1, Heelys...
Sequential Brands, owner of many brands including Avia, And1, Heelys and Revo, reported a net loss of $1.3 million for the second quarter, up from $0.6 million in the year-ago period, despite a 190 percent increase in revenues to $20.2 million. Adjusted operating earnings before amortization (Ebitda) jumped by 240 ...
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News briefs
After announcing the acquisition of Camelbak and Jimmy Sykes, which...
After announcing the acquisition of Camelbak and Jimmy Sykes, which has already been completed, Vista Outdoor improved its sales forecast for the present financial year, predicting low single-digit growth to a range of $2.17 billion to $2.24 billion. However, implied operating margins before amortization (Ebitda) should reach the lower end ...
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News briefs
After announcing the sale of Camelbak to Vista Outdoor (see...
After announcing the sale of Camelbak to Vista Outdoor (see our previous issue), Compass Diversified Holdings (Codi) reported a net profit of $24,457,000 for the second quarter, more than four times the $5,719,000 profit of the year-ago period, on 6 percent higher revenues of $284.7 million. The main factor was ...
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The Bogs brand of boots continued to fuel the turnover...
The Bogs brand of boots continued to fuel the turnover of Weyco Group in the second quarter ended June 30. The American brand' sales grew by 18 percent during the period as it continued to broaden its product line. Combined with sales increases of 12 percent and 9 percent for ...
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News briefs
Garmin's sales accelerated to an increase of 4.0 percent in...
Garmin's sales accelerated to an increase of 4.0 percent in the second quarter ended June 27, reaching $110.3 million. The category generated a flat gross margin of 60.6 percent and 6.1 percent higher operating earnings of $37.4 million. The company is making new investments in the outdoor wearable category, where ...
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Short stops
Vaude is projecting a 5.5% sales increase in 2015...
Vaude is projecting a 5.5% sales increase in 2015
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News briefs
Rocky Brands saw its net earnings grow by 30 percent...
Rocky Brands saw its net earnings grow by 30 percent to $2.0 million in the second quarter ended June 30, although sales dropped slightly to $68.6 million from $68.8 million in the year-ago period, due to one-time events such as the non-repetition of a seeding event with a major retailer. ...
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News briefs
Scarpa, the Italian producer of outdoor shoes, reached sales of...
Scarpa, the Italian producer of outdoor shoes, reached sales of €105 million in the last financial year, just about 1 to 2 percent higher than in the previous year. With a turnover of some €19 million, Italy remains the brand's largest market, followed by the U.K. where Scarpa has a ...
