Sports News and Press Releases about Outdoor Industry Business
Want to stay up to date on the latest press releases and business news in the outdoor sports and camping industries? Scroll below to view all outdoor industry business news.
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November 20, 2024
EXEC: Arc’teryx Outperforms Once Again in Q3 Despite Tough 2023 Comps
Arc’teryx outperforms in Q3 despite tough 2023 comps. They increased 34 percent, or 33 percent in constant-currency terms, to $520 million in the 2024 third quarter. SGB Media
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November 19, 2024
Lazydays Holdings Reports Q3 Financial Earnings
Lazydays Holdings Inc. announced its third quarter 2024 earnings results. Total revenue for the third quarter was $213.5 million compared to $280.7 million for the same period in 2023. Total revenue for the nine months ended September 30, 2024 was $722.7 million compared to $884.7 million for the same period...
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November 18, 2024
Camping World Holdings to Acquire Seven Lazy Days Dealerships
Camping World Holdings, Inc. has entered into an agreement to acquire the assets and certain real estate of seven dealerships from Lazydays Holdings, Inc. The Company estimates the transaction to be valued at approximately book value, with an estimated total net cash outlay of between $10 million to $20 million...
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November 14, 2024
A Closer Look at Wolverine Worldwide’s New Boston Innovation Hub, PHOTOS
Wolverine Worldwide has opened the doors to its new Innovation Hub in Boston. The new 11,000-sq.-ft. facility is located at 90 Causeway Street and will accommodate employees from the company’s design and product teams. Footwear News
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November 13, 2024
Winter Occupancy Down, Rates Up Slightly; Solid Finish for Summer at Western Mountain Resorts
As of October 31, winter occupancy on the books for November 2024 through April 2025 is down 1.6 percent compared to last year. Gains were recorded in February, March and April, while the first three months were trending down—most notably, December, down 7.7 percent. Daily rates for the full winter season are up 1.9...
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November 10, 2024
Vuori Valued at $5.5 Billion in New Round of Investment
Vuori has landed a new round of investment to support the continued growth of the hot-selling brand. The company announced Friday that two private equity firms – General Atlantic and Stripes – along with a cohort of additional investors, are sinking $825 million into Vuori. SHOPeatSURF
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November 8, 2024
Black Diamond’s Plan to Shrink to Improve Profitability Takes Hold
The new leadership team at Black Diamond Equipment continues to make progress in restructuring the brand with the goal of having a smaller, more profitable business that focuses on the highest volume and highest margin styles. Those initiatives paid off during the third quarter ended Sept. 30, with the brand’s adjusted EBITDA...
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November 8, 2024
Jeep-Maker Stellantis to Lay Off 1,100 Workers in Ohio
European auto giant Stellantis said it would lay off 1,100 workers at its Jeep factory in Toledo, Ohio, in an effort to regain its competitive edge as it struggles with falling sales. Stellantis, a 14-brand group that includes Peugeot, Fiat and Chrysler, said it would move from a two-shift to...
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November 7, 2024
Wolverine Worldwide CEO Says Merrell and Saucony Sales ‘Outpaced Forecast’ in Q3
Shares for Wolverine Worldwide were up over 9 percent in pre-market trading on Thursday following continued signs that the company’s turnaround strategy is taking hold. Footwear News
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November 7, 2024
Yeti Revenues Expand Double-Digits in Third Quarter on Wholesale Bounce
Yeti Holdings, Inc. profits rose 18 percent on an adjusted basis, driven by improving margins and a 10 percent sales gain. The maker of Drinkware and Coolers saw balanced growth across product categories and channels while updating its FY EPS outlook to the high end of its previous range. SGB...
