News Topics
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October 29, 2021
Outdoor industry sales numbers grew moderately in Q3, despite headwinds
Many outdoor-focused, publicly traded companies fell short of Wall Street’s projections for revenue and income growth in the third quarter, but they still posted decent numbers—especially considering that supply chain congestion worsened in the period. Find out how they fared on Outside Business Journal
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October 28, 2021
Fun Town RV Acquires Illinois-based Tri-State RV
Fort Worth, Texas-based Fun Town RV is expanding into the tri-state area with an agreement to acquire Tri-State RV in Anna, Ill. The facility is located at 1450 E. Vienna St, and is one of the top-selling RV dealers in Illinois, Missouri and Kentucky, according to its new parent company. Tri-State RV...
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October 28, 2021
Want an RV? Prices Are 40% More Than a Year Ago
J.D. Power and Associates recently published a 2021 third-quarter report, showing increases of nearly 40% in some RV segments compared to the same time last year. (The report includes data for the last 10 model years for each segment.) The auto data analytics giant measured a 39.1% increase in travel trailer...
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October 28, 2021
Chip Shortage Wreaks Havoc on Automakers’ Quarterly Results
Ford Motor Co. on Wednesday (Oct. 27) said third-quarter net income fell 24% to $1.8 billion because of the lingering microchip shortage, but strong demand drove the automaker to again raise its full-year guidance and reinstate a quarterly cash dividend. Ford reported adjusted earnings of $3 billion before interest and taxes,...
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October 28, 2021
Emerald Holding Shrinks Q3 Loss
During the third quarter, Emerald traded 32 in-person trade shows, conferences and other events, serving “more than 92,000 attendees and 5,200 exhibiting companies. Net loss of $9.0 million for the third quarter 2021, compared to a net loss of $15.3 million for the third quarter 2020. Adjusted EBITDA, a non-GAAP measure, of...
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October 28, 2021
Patagonia CEO Slams Facebook, Calls on Other Businesses to Boycott Advertisements To Stop Misinformation
Patagonia CEO Ryan Gellert took the the company’s Twitter account to encourage businesses to join the outdoor retailer in removing advertisements from Facebook as well as its subsidiary Instagram. The viral thread, which has over 57,000 likes collectively, explains Patagonia’s decision to stop all paid advertising on Facebook platforms in June...
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October 28, 2021
RVnGO becomes Official RV Rental Partner of Phoenix Raceway
Phoenix Raceway announced that RVnGO is the Official RV Rental Partner of Phoenix Raceway. The Scottsdale-based company is the presenting sponsor of camper move-in day on Nov. 1 - when campers begin rolling into Phoenix Raceway for NASCAR Championship Weekend. Phoenix Raceway
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October 27, 2021
Colo. State Park to Open ‘Sleeper Cabins’ in 2022
Cheyenne Mountain State Park will eventually open two new sleeper cabins. Bill Vogrin, Colorado Parks and Wildlife. The two buildings at Cheyenne Mountain State Park are beautiful, deluxe cabins. A sneak peek video shows the pine ceiling, hardwood floors and room for two bunkbeds, heated and air-conditioned cabins with bathrooms and showers sleeping...
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October 27, 2021
Why is Patagonia now selling wine?
Patagonia provides much of the apparel and gear needed to explore the backcountry, and now the company is giving adventurers—the adult ones, anyway—another beverage option for their après festivities. The company’s food division, Patagonia Provisions, unveiled a collection of wines, ciders, and sake. The launch comes as the brand works to...
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October 27, 2021
Garmin revenue rises 7% in third quarter
Garmin Ltd. revenue increased 7% year-over-year, aided by a slight jump in fitness sales driven by cycling and wearable products. However, it's the first earnings report since Q2 last year in which Garmin didn't record double-digit revenue growth. Total revenue for the quarter ending Sept. 25 was $1.19 billion, rising from...
