Sports News and Press Releases about Outdoor Industry Business
Want to stay up to date on the latest press releases and business news in the outdoor sports and camping industries? Scroll below to view all outdoor industry business news.
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August 7, 2024
OR and Surf Expo Parent Narrows Q2 Loss on Flattish Revenue Decline
Emerald Holding, Inc., parent of the Overland Expo consumer show and the Outdoor Retailer and Surf Expo trade shows, posted revenues of $86.0 million for the second quarter of 2024, a decrease of 0.6 percent year-over-year. This decrease was said to be primarily due to several small, discontinued events that...
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August 7, 2024
Solo Brands Lowers FY Guidance on Softening Demand
Solo Brands, Inc. reported results in the first half exceeded expectations, but the parent of Solo Stove reduced its full-year outlook due to deteriorating trends so far in the third quarter. The company’s other brands include TerraFlame, Chubbies, Oru Kayak, Isle, and IcyBreeze. Net sales increased to $131.6 million, or...
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August 6, 2024
GoPro (GPRO) Reports Q2 Loss, Tops Revenue Estimates
GoPro (GPRO) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.25. This compares to loss of $0.07 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 4%. A...
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August 6, 2024
Vista Outdoor’s Fiscal Q1 EPS Dips as Outdoor Segment Sales Sink Mid Teens
Vista Outdoor, Inc. reported that consolidated sales for the fiscal first quarter ended June 30 and decreased 7.1 percent year-over-year to $644 million. The decline was driven primarily by lower volume at The Kinetic Group (Ammo segment) and Revelyst (Outdoor segment), partially offset by increased government sales at Revelyst and the...
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August 1, 2024
Hoka Continues to Expand Wholesale Reach, Plans Apparel Push in Future
Hoka continues to post blockbuster results for parent company Deckers Brands, with double-digit growth in both wholesale and DTC channels in the quarter ended March 31. Hoka’s revenue increased 30% to $545 million during the quarter. DTC revenue jumped 33%, while wholesale rose 28%. The Daily Outdoor
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July 31, 2024
Camping World Sees New Vehicle Unit Sales Picking Up as Used Units Fall
Camping World Holdings, Inc. reported revenue of $1.8 billion for the 2024 second quarter, a decrease of 5.0 percent from the 2023 Q2 period. However, the company may see some dawning light over the summer as year-over-year same-store new vehicle unit growth accelerated into the mid-teens in June and into...
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July 26, 2024
Columbia Sportswear Reports Softer Sales and $11.8 million Net Loss in Second Quarter
Competition, slow consumer demand and cautious retailers in the U.S. drove softer net sales at Columbia Sportswear in the second quarter of 2024, delivering results CEO Tim Boyle said were largely in line with the company’s expectations. Columbia reported net sales of $570 million for the quarter, an 8% decrease...
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July 25, 2024
Deckers Continues to Ride High With Help From Hoka and Ugg in Q1, Finds New Home For Sanuk
Shares for Deckers Brands were up over 8 percent in after-hours trading on Thursday as the company continues to see robust sales from Hoka and Ugg. The Goleta, Calif.-based footwear company reported net sales in the first quarter of 2025 increased 21.1 percent to $825.3 million compared to $675.8 million the same...
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July 22, 2024
Royal Robbins Parent Sees “Disappointing” Q2 as Inventory Woes Persist
Fenix Outdoor International AG (Group) Chairman of the Board Martin Nordin was frank and to the point in his letter to investors on Monday, July 22. He indicated right up front that the second quarter did not come in as expected and proved “very challenging.” Fenix Outdoor is the corporate...
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July 18, 2024
Harvest Hosts buys Escapees RV Club
Harvest Hosts has acquired the Escapees RV Club, a thriving membership organization of 70,000 RVers which is based in Livingston, Texas. Joel Holland, a technology entrepreneur, purchased the Harvest Hosts website alongside his wife, Mary Ashland, in 2018 from Don and Kim Greene. In a letter to Escapees members, the club...
