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.-
August 1, 2024
Hoka Continues to Expand Wholesale Reach, Plans Apparel Push in Future
Hoka continues to post blockbuster results for parent company Deckers Brands, with double-digit growth in both wholesale and DTC channels in the quarter ended March 31. Hoka’s revenue increased 30% to $545 million during the quarter. DTC revenue jumped 33%, while wholesale rose 28%. The Daily Outdoor
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July 31, 2024
Camping World Sees New Vehicle Unit Sales Picking Up as Used Units Fall
Camping World Holdings, Inc. reported revenue of $1.8 billion for the 2024 second quarter, a decrease of 5.0 percent from the 2023 Q2 period. However, the company may see some dawning light over the summer as year-over-year same-store new vehicle unit growth accelerated into the mid-teens in June and into...
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July 26, 2024
Columbia Sportswear Reports Softer Sales and $11.8 million Net Loss in Second Quarter
Competition, slow consumer demand and cautious retailers in the U.S. drove softer net sales at Columbia Sportswear in the second quarter of 2024, delivering results CEO Tim Boyle said were largely in line with the company’s expectations. Columbia reported net sales of $570 million for the quarter, an 8% decrease...
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July 25, 2024
Deckers Continues to Ride High With Help From Hoka and Ugg in Q1, Finds New Home For Sanuk
Shares for Deckers Brands were up over 8 percent in after-hours trading on Thursday as the company continues to see robust sales from Hoka and Ugg. The Goleta, Calif.-based footwear company reported net sales in the first quarter of 2025 increased 21.1 percent to $825.3 million compared to $675.8 million the same...
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July 22, 2024
Royal Robbins Parent Sees “Disappointing” Q2 as Inventory Woes Persist
Fenix Outdoor International AG (Group) Chairman of the Board Martin Nordin was frank and to the point in his letter to investors on Monday, July 22. He indicated right up front that the second quarter did not come in as expected and proved “very challenging.” Fenix Outdoor is the corporate...
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July 18, 2024
Harvest Hosts buys Escapees RV Club
Harvest Hosts has acquired the Escapees RV Club, a thriving membership organization of 70,000 RVers which is based in Livingston, Texas. Joel Holland, a technology entrepreneur, purchased the Harvest Hosts website alongside his wife, Mary Ashland, in 2018 from Don and Kim Greene. In a letter to Escapees members, the club...
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July 15, 2024
Pressure Mounts on Vista Outdoor to Consider Acquisition Offer
A large investor in Vista Outdoor and a shareholder advisory firm have publicly come out against Vista's plan to sell its ammo business and turn the remaining outdoor division into a standalone, publicly traded company. TIG Advisors, an institutional investor with 532,000 shares of Vista Outdoor, announced that it plans...
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July 12, 2024
Deckers Brands Will Execute a Six-for-One Forward Stock Split
The Deckers Brands Board of Directors has approved a six-for-one forward stock split and a proportionate increase in the number of authorized shares of common stock and preferred stock to accommodate the split. SGB
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July 12, 2024
RV sales nosedive across the board
Despite the RV manufacturing industry’s “cautiously optimistic” spin, there’s no magic in RV retail sales. Put simply, sales of new RVs are down across the board as RV consumers walk away from new rigs. According to the May 2024 report from industry number cruncher Statistical Surveys Inc., there are no winners...
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July 12, 2024
How These Brands Are Chasing Olympic Gold in Paris and Beyond
U.S. companies from Nike to Warner Bros are opening new stores and holding big marketing events in Paris before and during the Olympics, betting that excitement for the summer games can help boost their sales. Comcast's NBCUniversal said that International Olympic Committee (IOC) sponsors spent 18 percent for the latest Olympics compared to...
