The latest financial results from the key players in the outdoor industry.
Hydro Flask struggles due to soft back-to-school season
Helen of Troy’s Houseware segment, which includes drinkware brand Hydro Flask, posted double-digit growth in the third fiscal quarter ended on Nov. 30. Sales in the segment soared by 21.4 percent from the year-ago quarter to $222.4 million, driven by an organic business increase of 21.2 percent, largely due to ...
Apex’s sales down by 17%
Lower licensee sales due to the pandemic, and the non-renewal of certain Cherokee brand licensing deals, weighed on the revenues of Apex Global Brands, previously called Cherokee Global Brands. Sales for the parent company of Hi-Tec, Magnum, and Tony Hawk dropped by 17 percent to $4.1 million for its third ...
Strong finish to a challenging year for Johnson Outdoors
Strong demand for fishing, camping and watercraft recreation products drove significantly higher sales and profits for Johnson Outdoors’ fiscal fourth quarter.
Zumiez posts good results in Q3 thanks to Blue Tomato and Fast Times
Zumiez, the American action sports retailer that owns Blue Tomato in Europe and Fast Times in Australia, performed well in the third fiscal quarter ended on Oct. 31, thanks to a good performance outside its core North American market. Its net income soared by 51.5 percent from the year-ago quarter ...
Outdoor stands out at Schwan Stabilo
The outdoor division of the German Schwan Stabilo Group recorded a drop in revenues for its financial year ended June 30, 2020, due to pandemic-related lockdowns from mid March to early May 2020. Sales declined by 5.1 percent from the previous year to €159.7 million.
Kathmandu’s revenues keep surging thanks to surf label Rip Curl
Following record sales for its financial year ended on July 31, boosted by the acquisition of Rip Curl in October 2019, Kathmandu Holdings kept the momentum going during the start of its new financial year. In a trading update, the company said that revenues for the first fiscal quarter ended ...
Goldwin’s profits dwindle
Goldwin’s revenues dropped by 16 percent in the second quarter to ¥19,358 million (€157.4m-$182.5m), while net income tumbled by 59 percent from the year-ago period to ¥915 million (€7.4m-$8.6m). The company’s gross margin fell by 1.4 percentage points to 50.6 percent.
Gregory dropped by 13% in Q3, in group that fell by 65%
Gregory’s sales declined by 13.0 percent to $15.9 million in the third quarter. They again outperformed the results of Samsonite International’s less functional brand of backpacks, High Sierra, which plunged down by 70.2 percent to $4.5 million. Across all the numerous brands of Samsonite, sales went down by 74.6 percent ...