News Topics
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May 27, 2023
Living and working from an all-electric VW ID Buzz
Like most people, I’m intrigued by the idea of electric cars but not yet convinced it’s time to make the leap. I can name every Tesla model, a few pickups from Ford and Rivian, and that’s about it. But when Volkswagen announced the production model of the all-electric ID Buzz,...
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May 26, 2023
Hiker Dies in Grand Canyon Trekking From Rim to Colorado River and Back in a Day
On May 14 around 9 p.m., officials at Grand Canyon National Park received a report of an unresponsive hiker on the Bright Angel Trail. National Park Service (NPS) personnel responded to the location above the Three-Mile Resthouse, but attempts to resuscitate the hiker failed. On Wednesday, the park identified the...
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May 26, 2023
Hoka Added $521 Million In New Revenue In Fiscal 2023; DTC Remains Focus
Global Hoka brand revenue for fiscal year 2023 increased 58.5 percent, or $521 million, versus the prior fiscal year to $1.41 billion, the fourth consecutive year Hoka has delivered revenue growth above 50 percent. Let that sink in; $521 million in additional annual revenue—for a running brand. Hoka brand net...
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May 26, 2023
Is an RV Downturn the Same Recession Signal as Before?
Right now, times are tough in the RV business. The biggest manufacturer, Thor Industries of Elkhart, Indiana, announced this week that its net sales for the quarter ended Jan. 31 were down 39% from the same period a year earlier. Earnings per share were down 90%, and the company downgraded...
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May 25, 2023
Report: OEM’s Shipments Down 52% YOY Through April
One third of the way through 2023, RV shipments totaled 109,816 units, down 52% compared with the same period a year ago. According to data collected by the RV Industry Association, in April OEMs reported 31,216 units shipped, a 45.4% drop from the 57,192 shipped last April. RV Pro
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May 25, 2023
Patagonia eco-brand unscathed by polarized climate
Outdoor retailer Patagonia, which is steering profits into fighting climate change, has the top ranking in the 2023 Axios Harris Poll 100 brand reputation survey. The outdoor apparel company appears to have successfully avoided polarizing battles that have ensnared other big brands, and alienated some consumers. AXIOS
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May 24, 2023
First double amputee to climb Mount Everest
Hari Budha Magar has become the first double above-the-knee amputee to reach the summit of Mount Everest, the world’s tallest mountain at 29,032 feet. USA Today
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May 24, 2023
Camping World Reviews Use of Capital as it Eyes Deals
Camping World Holdings Chief Executive Marcus Lemonis said the company is reviewing its capital-allocation strategy as the RV dealership acquisition landscape looks attractive. Lemonis said the retailer of recreational vehicles is committed to maintaining a competitive dividend. The company on Wednesday maintained its quarterly dividend of 62.5 cents a share,...
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May 24, 2023
People Who Exercise Handle Pain Better, Study Finds
A little bit of exercise can help keep pain in check, researchers in Norway have found. Their newly published study suggests that physically active people have a higher pain tolerance on average than those who are sedentary, while higher levels of physical activity might further increase people’s tolerance. Unfortunately for...
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May 23, 2023
Dick’s SG Posts 5.3 Percent Comp Sales Growth In Q1; EPS Up 38 Percent
Dick’s Sporting Goods reported net sales for the fiscal first quarter* rose 5.3 percent to $2.84 billion from $2.70 billion in the prior-year Q1 period. Comparable store sales grew 3.4 percent, partially reversing the 8.4 percent comp store sales decline in the year-ago period. Net income increased 17 percent to...
