News Topics
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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
Registrations for The Big Gear Show Surge
The Big Gear Show is showing strength in numbers on the retail registrations front, as well as with exhibitor booth sales. More than 200 retail businesses, representing more than 900 stores have registered, eclipsing the total number of retailers that attended the 2021 event. Inside Outdoor
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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 29, 2022
Earthcruiser Reveals New Isuzu-Based Overland Platform With GM V8 Engine
EarthCruiser, one of America’s largest overland vehicle manufacturers, moves to a new platform for some of its models. The company switches to the Isuzu NPR Series Class 4 platform, which replaces the previous Fuso platform. This move covers the next-generation EXP and FX EarthCruiser models, as well as the CORE...
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April 28, 2022
Patrick Industries, Inc. Reports First Quarter 2022 Financial Results
Patrick Industries, Inc. reported financial results for the first quarter ended March 27, 2022. Net sales in the first quarter of 2022 increased $491.7 million, or 58%, to $1.3 billion from $850.5 million in the first quarter of 2021. Operating income of $161.8 million increased $93.3 million, or 136%, from $68.5 million in the first quarter of 2021. Net income...
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April 28, 2022
Dometic Posts 55% Increase in Sales for Q1
Sweden-based Dometic, which releases its earnings in Krona, reported sales during the first quarter equivalent to $770 million, a 55 percent increase over the same period a year ago. The company reported a profit equivalent to $50.2 million. RV-Pro
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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 28, 2022
She Fell Eight Feet Down a Trailhead Toilet. But She Got Her Phone
The woman, described as in her mid-forties, was visiting the Mount Walker hiking trail on Olympic Peninsula when she entered one of the pit toilets and accidentally dropped her phone down the bowl. Outside Online
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April 27, 2022
Owners of South Sioux City RV dealership arrested
A South Sioux City couple, Douglas and Shara Bras, owners and operators of Fremont RV, were arrested based on outstanding warrants for fraud in Dakota County. According to court documents, from May 9 to November 5, 2021, the Bras received campers from owners with the intention of selling them on...
