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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June 21, 2021
In Mountain Towns, Locals Brace for Fire Threat From Adventure Travelers
In Mammoth Lakes, California, a town in the Eastern Sierra known for its skiing and outdoor recreation, tourism has been booming. The town’s residents are terrified. Adventure Journal
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June 16, 2021
OIA Announces Board Of Director Election Results
The Outdoor Industry Association (OIA) Board of Directors annual election ended on May 28, 2021, with the Association’s membership electing two new and three returning Board members. Find out who is new, returning and leaving at the link.
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June 11, 2021
Alterra Mountain Company Names New President & COO of Mammoth Mountain & June Mountain in California
Ron Cohen, current President and COO of Squaw Valley Alpine Meadows, will return to Mammoth Mountain. June Mountain is the new President and COO effective immediately. Businesswire
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June 10, 2021
Haig Report Shows Q1 Profits are Booming for Dealerships
Haig Partners LLC,a boutique investment banking firm and the leading buy-sell advisory firm to owners of higher value auto, heavy truck, and RV dealerships, recently released its Q1 2021 Haig Report. Dealership profits jumped 197% in Q1 2021 compared to Q1 2020, reaching record-high levels. Average blue-sky value per rooftop has...
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June 9, 2021
Eagle Creek to cease operations by late 2021
Eagle Creek, the luggage and backpack brand founded in 1975 and currently owned by VF Corporation, is slated to cease business operations by the end of the year. VF will discontinue the brand due to strategic and financial concerns. OBJ
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June 9, 2021
Yellowstone debuts electric driverless shuttle, ‘T.E.D.D.Y’
Each shuttle will have an attendant. Although they are driverless, attendants can take over operations at any time. According to the park, the goal is to understand how automated vehicle shuttle technology can be used in parks and how visitors perceive and engage these services. The data from this pilot...
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June 8, 2021
Sporting Goods Giants Continue Seeing Record Numbers
Academy Sports reported its Q1 earnings Tuesday, highlighting a recent string of record-breaking quarters in the sporting goods industry. The company saw its highest-ever gross margin, increasing 89.2% to $563.7 million. Net sales jumped 39.1% year-over-year to $1.58 billion. But Academy Sports isn’t the only sporting goods store trending upward. Front Office...
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June 7, 2021
Wolverine Worldwide Expects Second Quarter 2021 Revenue To Exceed Second Quarter 2019
Wolverine World Wide Inc. said it expects second-quarter 2021 revenue to exceed 2019 levels due to better-than-expected trends across nearly all brands in its portfolio led by Merrell, Saucony and Sperry. SGBMedia
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June 7, 2021
Vail Resorts Reports Fiscal 2021 Third Quarter Results, Early Season Pass Sales Results, and Provides Fiscal 2021 Outlook
Vail Resorts, Inc. (NYSE: MTN) today reported results for the third quarter of fiscal 2021 ended April 30, 2021, which were negatively impacted by COVID-19 and related limitations and restrictions, reported results of early season pass sales for the 2021/2022 North American ski season, and provided its outlook for the fiscal...
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June 2, 2021
Sportsman’s Warehouse’s Q1 Comps Climb 24 Percent
Net sales were $327.0 million, an increase of $80.2 million, or 32.5% compared to the first quarter of fiscal year 2020. Gross profit was $104.0 million or 31.8% of net sales, compared to $74.8 million or 30.3% in the comparable prior-year period. Net income was $10.5 million compared to a...