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 5, 2021
GCI Outdoor Acquired By MacNeill Pride Group
MacNeill Pride Group (MPG) has acquired GCI Outdoor (GCI), the designer of portable outdoor recreation equipment. GCI’s product range includes portable camping chairs, camp kitchens, waterside chairs and recliners, and other outdoor gear. SGB Media
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May 5, 2021
Oura Brings In $100M in Funding
Oura Health announced Tuesday that it has raised $100 million in Series C funding, bringing the company’s total funds to $148.3 million. The wearable fitness manufacturer produces the Oura Ring, a sleep and activity tracker you can slide on your finger. More than 500,000 have been sold. Front Office News
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May 4, 2021
Camping World (CWH) Surpasses Q1 Earnings and Revenue Estimates
Camping World, which belongs to the Zacks Leisure and Recreation Services industry, posted revenues of $1.56 billion for the quarter ended March 2021, surpassing the Zacks Consensus Estimate by 22.53%. This compares to year-ago revenues of $1.03 billion. The company has topped consensus revenue estimates four times over the last...
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May 3, 2021
Coleman Shines In Newell’s Outdoor & Recreation Segment In Q1
Newell Brands said strong sales of Coleman coolers, tents and stoves and improving trends at Marmot and ExOfficio helped drive a 9.4 percent sales gain for its Outdoor & Recreation Segment in the first quarter. The Outdoor & Recreation segment includes Aerobed, Bubba, Campingaz, Coleman, Contigo, Marmot, Stearns, and ExOfficio. In the...
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April 30, 2021
Climbers Group Buys Big New Climbing Area in Tennessee
Woodcock Cove is 64 acres of undeveloped land with dozens of climbing routes in eastern Tennessee, and now it’s protected after being purchased by the Access Fund and the Southeastern Climbers Coalition. The climbing is on sandstone cliffs, including a freestanding tower 75 feet tall. Adventure Journal
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April 30, 2021
Emerald Holding Sees Steep Q1 Revenue Drop
Emerald Holding Inc. reported revenues tumbled 87% as results continue to be negatively impacted by event cancellations due to the pandemic. Emerald is actively pursuing collection of the remaining unpaid amounts of filed insurance claims for its canceled and impacted 2020 events. To date, Emerald has submitted $167 million in...
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April 30, 2021
Catch Co. Reels In $38M Series B For Fishing Platform
Catch Co., which developed a fishing brand, content and commerce platform, closed on $38 million in Series B funding to continue creating offerings for people who like to fish. Founded in 2012 as a monthly fishing tackle subscription offering for fishing lures called Mystery Tackle Box, Catch Co. now has...
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April 29, 2021
Columbia Sportswear Company Reports First Quarter 2021 Financial Results and Raises Full Year 2021 Financial Outlook
Net sales increased 10 percent to $625.6 million, compared to first quarter 2020. Operating income of $70.5 million, or 11.3 percent of net sales, compared to first quarter 2020 operating loss of $2.0 million, or (0.3) percent of net sales. Yahoo
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April 28, 2021
Garmin’s Q1 Revenues Advance 25 Percent
Garmin Ltd. reported sales grew 25 percent in the first quarter ended March 27, led by gains of 38 percent in its Fitness segment, 46 percent in Outdoor and 28 percent in its Marine segment. Total revenue of $1.07 billion, a 25 percent increase over the prior-year quarter led by...
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April 26, 2021
Camping World to Accept Crypto Following BitPay Partnership
Customers will be able to buy recreational vehicles from Camping World using bitcoin, ethereum and other cryptocurrencies. The Street
