News Topics
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November 9, 2020
RV and boat stocks fall out of favor on vaccine development
Investors are backing away from some outdoor camping, recreational vehicle and boating stocks after Pfizer announced 90% efficacy with its COVID-19 vaccine in a market-rattling development.
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November 9, 2020
Emily Harrington breaks El Cap record with historical climb
After years of effort, the 34-year-old became the first woman to free climb El Cap's Golden Gate route in less than 24 hours, and only the fourth woman to reach the top in under 24 hours. Read more and check out the battle scars on Outside.
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November 9, 2020
VF acquires streetwear brand Supreme
The parent company of The North Face has announced plans to add the direct-to-consumer streetwear company to its portfolio of brands. Read more on SNEWS.
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November 5, 2020
Wolverine Eyes Market Share Gains At Saucony And Merrell Amid Pandemic
In the third quarter ended Sept. 26, revenues declined 14.1% to $493.1 million due to the pandemic’s ongoing impact. On a constant-currency basis, revenue was down 14.6%. Net earnings fell 55.3% to $21.7 million. Reported operating margin was 8.6% compared to 11.9% in the prior year. Adjusted operating margin was...
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November 5, 2020
Yeti Q3 Sales Jump 29%
YETI Holdings, Inc. announced its financial results for the third quarter ended September 26, 2020. Net sales increased 29% to $294.6 million, compared to $229.1 million during the same period last year. Gross profit increased 45% to $174.0 million, or 59.1% of net sales, compared to $120.1 million, or 52.4%...
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November 4, 2020
Nike Adds a New Outdoor Adventure-Ready Shoe to Its Famed ACG Line
Arriving mid month is the Nike ACG Mountain Fly Gore-Tex, a bold look defined by its high-cut Gore-Tex fabric upper, waterproof material and bootie design. The ACG Mountain Fly Gore-Tex borrows elements from the Nike Next% system, including the carbon fiber plate and comfort-focused and energy-returning Nike React foam cushioning....
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November 4, 2020
Fitbit’s Q3 Revenues Expand 5 Percent
Fitbit Inc., which reached an agreement to be acquired by Google, reduced its loss in the third quarter as sales grew 4.8%. Revenue reached $363.9 million against $347.2 million a year ago. The net loss shrunk to $54.5 million, or 20 cents a share, from $51.9 million, or 52 cents,...
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November 4, 2020
Lazydays Reports Q3 Revenue Jumps 36%; RV Sales Up 40%
Tampa, Fla.-based Lazydays Holdings Inc. announced financial results for the third quarter ended Sept. 30. Revenues for the third quarter of 2020 were $215.7 million; up $57.3 million, or 36.2%, versus 2019. Gross profit for the quarter was $49.3 million; up $18.8 million, or 61.5%, versus 2019. Read more on...
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November 4, 2020
YETI Recalls Nearly a Quarter-Million Travel Mugs, Lids
YETI, in conjunction with the Consumer Product Safety Commission, has issued a voluntary recall of its Rambler 20-ounce Travel Mug with Stronghold Lid. The Stronghold Lid uses the brand’s MagSlider, which, according to the recall, can “eject” and spill the mugs’ contents. Read more on GearJunkie.
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November 4, 2020
Watch These Kayakers Accidentally End Up In a Humpback Whale’s Mouth
When a group of kayakers went whale watching off Avila Beach in San Luis Obispo, California, they probably didn’t expect to nearly become real-life Jonahs. But that’s what happened, and the whole thing was caught on camera. Watch it on The Inertia.
