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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May 9, 2022
Emerald’s Sales Bounce Back In First Quarter
Emerald Holding, Inc. reported revenues of $98.5 million for the first quarter of 2022, an increase of $85.6 million, or 663.6 percent, from $12.9 million in revenue for the first quarter of 2021. SGB Media
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May 6, 2022
Led by online sales, GoPro revenue rises 71% in Q1
GoPro Inc. revenue grew 71% year-over-year in the first quarter buoyed by online sales that jumped 224% in the same period. Revenue was $204 million for the three months ending March 31, compared with $119 million in Q1 2020. GoPro.com revenue increased to $82 million, which was 40% of the...
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May 3, 2022
GSM Outdoors continues foray into fishing sector
GSM Outdoors has taken over the Bill Lewis Rat L-Trap brand of baits. It follows its first acquisition in the sector of Gary Yamamoto Custom Baits late last year. At the time its Vice President of Sales, Zach Henderson, told Angling International it was working on several additional acquisitions. Angling...
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May 2, 2022
Are User Fees a Fair Solution for Public Lands Management?
Federal agencies, like the National Park Service and Bureau of Land Management (BLM), use entrance and amenity fees to fund operations and limit visitation numbers at crowded destinations. After the the BLM enacted an entrance fee and reservation system for the main loop road in Red Rock National Conservation Area...
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April 29, 2022
Sorel Drives Columbia Sportswear’s Earnings Beat, Aims to Become a Billion-Dollar Brand
Columbia Sportswear just beat earnings expectations for the first quarter, largely driven by its Sorel brand. The Portland, Ore.-based company reported a net income growth of 20% to $66.8 million in Q1, with diluted earnings per share of $1.03. Net sales increased 22% to $761.5 million, compared to Q1 of...
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April 29, 2022
Patagonia Joins Lawsuit Against Forest Service to Stop Logging in Los Padres Nat’l Forest
A forest thinning project approved by the U.S. Forest Service threatens to cut down virgin forests on two California peaks. A host of entities, including Patagonia, aim to stop what they call the ‘commercial logging’ initiative. GearJunkie
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April 29, 2022
Osprey’s Layne Rigney Stepping Down as CEO
Osprey Packs announced Thursday that CEO Layne Rigney will leave the company at the end of the day following nearly six years. Rigney joined Osprey in 2016 as president and assumed the role of CEO in 2018. During his tenure, he oversaw the acquisition of Osprey Europe from its former...
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April 28, 2022
Columbia Sportswear Raises Earnings Guidance On Q1 Beat
Columbia Sportswear Company’s earnings rose 20 percent in the first quarter ended March 31 on a 22 percent revenue gain. The company raised its EPS guidance for the year, with earnings topping Wall Street targets. Among brands, the largest gain came from Sorel, up 37 percent year-over-year, followed by Columbia, up 22...
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April 27, 2022
Dick’s Sporting Goods And Public Land Pilot In-Store Buy-Back Program
Dick’s Sporting Goods and Public Lands, its new specialty outdoor retailer concept, will pilot an in-store buy-back program for select hard outdoor gear (including hard and soft goods) in select markets. SGBMedia
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April 27, 2022
How The Ski And Snowboard Industry Is Changing In 2022 (And What Comes Next)
Over recent seasons, we’ve seen developments in sustainability, especially on the resort level; the business side of lift ticket sales; technology, including how we navigate the mountain; avalanche and backcountry awareness as more people took to self-guided tours of the slopes during the pandemic; the hard and soft goods business;...