News Topics
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August 3, 2023
Solo Brands Posts Wholesale Growth in Q2, DTC Business Down
Solo Brands, parent company of Solo Stove, Oru Kayak, Isle, and Chubbies, posted a significant gain in its wholesale business for the second quarter of the year. Wholesale revenues increased 57% to $31.3 million for the quarter ended June 30. Solo’s wholesale growth and momentum is coming primarily from the...
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August 3, 2023
Canada Goose’s Q1 Sales Expand 21 Percent, Topping Expectations
Canada Goose Holdings, Inc. reported a slightly wider loss in the fiscal first quarter ended July 2 despite 21 percent sales growth. Both sales and earnings topped guidance, and the outerwear maker reiterated its outlook for its fiscal year. All amounts are in Canadian dollars. Total revenue of $84.8 million...
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August 2, 2023
Luxury RV company to build headquarters in Bradenton after buying $18.3M property
The luxury motorcoach and RV dealership recently paid $18.3 million for 139,904 square feet of industrial property at 5821 24th St. E. in southern Manatee County. Planned there are the company’s national headquarters, a full-service luxury RV dealership with 16 service bays and in-house cabinet, upholstery and glass shops. Company...
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August 2, 2023
Independent mountain bike magazine Cranked to cease publication
Independent mountain bike magazine Cranked is to cease publication next month, with its 34th edition the last to roll off the printers. Founded in 2015 by photographer and writer Rogers, Cranked operated with the tagline “a magazine for mountain bikers”, and each quarter delivered high quality writing and photography from...
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August 2, 2023
Emerald Holding Delivers 21 Percent Growth In Q2
Emerald Holding Inc., the operator of Outdoor Retailer and other trade shows, reported revenues of $86.5 million for the second quarter, an increase of 21.1 percent year-over-year, primarily due to growth in staged events. Organic revenues, which take into account the impact of acquisitions and scheduling adjustments, reached $79.2 million...
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August 2, 2023
Garmin (GRMN) Surpasses Q2 Earnings and Revenue Estimates
Garmin (GRMN) came out with quarterly earnings of $1.45 per share, beating the Zacks Consensus Estimate of $1.43 per share. This compares to earnings of $1.44 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 1.40%. A quarter ago,...
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August 1, 2023
Yellowstone workers unionize as widespread dissatisfaction persists in the National Park Service
Workers at Yellowstone National Park recently voted to unionize in a landslide vote, according to the National Federation of Federal Employees (NFFE). The organization hopes to improve working conditions, pay and general satisfaction within the first national park in the U.S. Wyoming Public Media
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August 1, 2023
Camping World’s Q2 Sales Skid 12.4 Percent
Profits at Camping World Holdings Inc. fell 67.3 percent in the second quarter ended June 30 as sales declined 12.4 percent. Revenue was $1.9 billion for the second quarter, a decrease of $267.9 million, or 12.4 percent. SGB
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August 1, 2023
Hymer adds a splash of colour to Eriba Touring caravans
German giant Hymer has introduced the iconic Eriba Touring caravan in a series of bright new colour options as well as new layouts. The Eriba Touring has been popular since its launch in 1957, but for 2023 and beyond will be available in three new special editions: Nugget Gold, Tango...
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August 1, 2023
Backpacking Without Landowner Permission Is Legal in England Again
A United Kingdom court ruled on Monday that members of the public don't need landowners' permission to wild camp in Dartmoor National Park anymore. This decision reversed a lower court's ruling and restored the park's status as the only place in England or Wales where backpackers have the right to...
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July 31, 2023
Insider Perks Unveils Roadie: AI Chatbot for RV Dealers
Insider Perks, a trailblazer in the outdoor hospitality industry, today unveiled Roadie, an AI chatbot set to reshape the RV dealership landscape. Roadie is not just a chatbot; it’s a comprehensive solution designed to tackle the common challenges RV dealerships face, from managing customer inquiries to qualifying leads and providing...
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July 31, 2023
Lazydays’ Revenues, Earnings Drop
Lazydays said its second quarter revenue decreases to $308.4 million, down from the $373.6 million in the second quarter of 2022. Second quarter 2023 net income was $3.6 million compared to $27.1 million for the same period in 2022. Net income for the first six months of 2023 was $3.3...
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July 31, 2023
REI, Airstream Double Down on ‘Basecamp 20X’ Travel Trailer
First, the good news: REI and Airstream’s second travel trailer collaboration looks even more capable and feature-rich than the original. The bad news: Its $60,000-plus price tag will not count toward your annual member rebate. Gear Junkie
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July 28, 2023
Newell Brands Outdoor & Recreation Core Sales Fall 21 Percent In Q2
Newell Brands, the parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, generated net sales of $333 million, down 22.0 percent compared with $427 million in the prior year period. The decline reflects a core sales decline of 20.9 percent, as well as the impact of...
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July 28, 2023
Clif Bar Continues to Improve Profitability Under New Owner
Mondelez International said its recently-acquired Clif Bar business continued to improve profitability in the second quarter with the help of higher prices amid “robust” sales growth and as Clif Bar recently overhauled its management team, including the exit of CEO Sally Grimes. At the close of February, Alexandre Zigliara was...
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July 26, 2023
Vista Outdoor’s Earnings Decline on 14 Percent Revenue Slide
Vista Outdoor, Inc. reported earnings declined 54 percent in the fiscal first quarter ended June 25. Sales dropped 14 percent with sales down 26 percent in the Sporting Products segment and 8 percent in the Outdoor Products segment. SGB
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July 26, 2023
Strava for Rock Climbing? Kaya App Sees Big Opportunity
Kaya first opened its digital doors in 2019, offering climbers a novel way to navigate climbing gyms and find specific routes. There was also a social element from the very beginning, with the option to log and share “sends” and start virtual discussions with friends. The company now boasts more...
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July 26, 2023
How Geartrade Uses AI to Cut Costs, Reduce Employee Burnout
Geartrade, the online resale platform for used gear and apparel, is leveraging artificial intelligence not to replace its workforce, but to make its employees’ lives easier, according to company executives. In January, Geartrade launched an AI system that was constructed with data from more than a million pieces of used...
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July 26, 2023
KOA’s New Partnerships Expand Pet Care for Campers
Two new pet-focused partners will work with Kampgrounds of America (KOA) to offer remote veterinary care options for campers who travel with their pets, the companies announced today. JustAnswer Pets and Pet Premium are services available to any camper who uses the KOA partnership marketplace. RV Pro
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July 25, 2023
Three people found dead at Colorado campsite were sisters, 14-year-old boy who planned to “live off the grid”
Two sisters and a 14-year-old boy were identified as the three campers whose bodies were found badly decomposed at a remote campsite in Gunnison County. Christine Vance, 41, Rebecca Vance, 42, and Rebecca’s son were all Colorado Springs residents, Gunnison County Coroner Michael Barnes told The Colorado Sun on Tuesday....
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July 25, 2023
RV industry steers through post-pandemic US slump
The U.S. economy may ultimately skirt a recession, but it's felt like one for months at Jon Ferrando's 103 RV dealerships. Retail sales of recreational vehicles are on track to be the lowest since 2015, said Ferrando, CEO and president of Fort Lauderdale, Florida-based Blue Compass RV, which operates in...
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July 25, 2023
RV Shipments Down Nearly 50% at Year’s Halfway Point
Results for the RV Industry Association’s June 2023 survey of manufacturers found that total RV shipments ended the month with 24,095 units, a decrease of 46.4% compared to the 44,942 units shipped in June 2022. Halfway through 2023, RV shipments are down 49.2% with 164,830 units. RV Pro
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July 25, 2023
Thor Motor Coach Unveils 2024 Class C Upgrades
Thor Motor Coach announced changes to its model year 2024 lineup of Class C motorhomes, including the Chateau, Four Winds, Echelon, and Quantum models. The Chateau and Four Winds Class Cs boast of new exterior graphicsh; they built on a Ford E-series and Chevy chassis; keyless entry is offered; and...
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July 24, 2023
Fenix Outdoor Posts Q2 Sales and Profit Declines on Retail Inventory Issues
In March, the company warned, after a solid sales growth period in Q1, that results in upcoming quarters could be pressured by elevated inventories and promotions in the marketplace. In the second quarter ended June 30, consolidated sales declined 6.1 percent to €152.7 million, compared to €162.7 million in the...
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July 21, 2023
New study shows how running affects the aging brain
Running is not only great for your physical health, but your mental and cognitive health as well. Regular exercise is necessary if you want to keep your brain healthy as you age, and new research from Florida Atlantic University explains exactly how it helps you maintain memory function as you...