Industry News
Industry News Archive for dates of Tuesday, April 28, 2020 thru Monday, May 11, 2020
- Yeti tops Q1 earnings and revenue estimates 05/11/2020 yahoo.com - Yeti, which belongs to the Zacks Leisure and Recreation Products industry, posted revenues of $174.41 million for the quarter ended March 2020, surpassing the Zacks Consensus Estimate by 10.67%. This compares to...
- Under Armour sales plummet 23% as coronavirus stalls turnaround plans 05/11/2020 cnbc.com - The company expects revenue could be down as much as 50% to 60% during the second quarter, as demand for its merchandise remains constrained. Read the numbers on CNBC.
- Innovation: This quarantine cans-as-dumbbell device turns your food hoarding into gains 05/11/2020 fastcompany.com - In an effort to curb the cost, hassle, and environmental effect of the the new rush to buy home exercise equipment, one innovator has created a device that makes Campbell’s soup the...
- GoPro Q1 revenue cut in half on COVID-19 softness 05/07/2020 sgbonline.com - GoPro Inc. reported first-quarter revenue was $119 million, in-line with the preliminary results published on April 15, slightly ahead of Wall Street’s expectations but down from $243 million for the same period...
- Sporting goods, home fitness, and cycling sales surge in the U.S., reports The NPD Group 05/07/2020 npd.com - As U.S. consumers tackle ways to keep themselves and their families busy, active, and fit during this time of social distancing, sports and home fitness equipment as well as children’s and adult...
- To boost shopping searches, Google makes a meaningful shift 05/06/2020 snewsnet.com - The tech giant will now display inventory from local retailers for free, a potentially massive boon for small, independent shops. on SNEWS.
- Reopening the national park system: What’s open 05/06/2020 nationalparkstraveler.org - Click here to see the growing list of national parks that are now open to visitors.
- Peloton Q3 earnings show huge revenue and membership spikes 05/06/2020 yahoo.com - Peloton bested Wall Street's high expectations, delivering a huge quarterly earnings report Wednesday that showed revenues climbing 66%. The company posted total revenues of $524.6 million for the quarter, besting estimates of $488.5...
- Fitbit swings to profit in Q1 but misses estimates 05/06/2020 alphastreet.com - Revenue dropped by 31% due to weakness in pricing and devices sold. The company sold 2.2 million devices, down 26% year-over-year, due to the introduction of one new product in the latest...
- For national parks, it’s more complicated than just open or closed 05/04/2020 snewsnet.com - National parks will likely resume operations in coming weeks, but there's more to consider than merely opening the gates. on SNEWS.
- Gold’s Gym files for Chapter 11 bankruptcy protection amid coronavirus closings 05/04/2020 usatoday.com - Gold's Gym filed for Chapter 11 bankruptcy protection Monday as the coronavirus pandemic wreaks havoc on the company's business. The bankruptcy is intended to help the company shed leases. Gold’s Gym will...
- Event cancellations plague Emerald’s Q1 performance 05/04/2020 sgbonline.com - Because of numerous event cancellations due to the COVID-19 pandemic, Emerald Holding Inc.—the operator of Outdoor Retailer, Surf Expo and other trade shows—reported revenue for the first quarter declined 27.4 percent to...
- Fitbit data shows we’re sleeping better during the COVID-19 lockdown 05/04/2020 fastcompany.com - Americans don’t typically sleep well. One large survey showed that people get a full, uninterrupted night of sleep on only about one out of four nights. During this anxious time, you might...
- Active Interest Media launches Gear 360 e-commerce platform 04/29/2020 snewsnet.com - Media company, Active Interest Media, is launching a new program designed to help brands boost e-commerce across multiple channels. Called Gear 360, this content-driven program leverages the power of media reviews and...
- American Pacific Group acquires SaltStick 04/29/2020 privateequitywire.co - American Pacific Group, a San Francisco-based private equity firm, in partnership with Joe Falsetti of Dana Holdings, has acquired SaltStick, an electrolyte replenishment supplement with a strong following among endurance athletes for...
