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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July 29, 2022
Newell Brands’ Outdoor & Recreation Segment Sees 2.5 Percent Q2 Core Sales Growth
Newell Brands reported sales in its Outdoor & Recreation segment reached $427 million compared with $453 million in the prior year period, down 5.7 percent. Reported operating income at the Outdoor & Recreation segment was $46 million, or 10.8 percent of sales, compared with $48 million, or 10.6 percent of...
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July 28, 2022
Hydro Flask Announces Sustainability Improvements and GHG Emissions Goals
Bend, OR (July 27, 2022) /OUTDOOR SPORTSWIRE/ -Hydro Flask, an award-winning leader in high-performance, insulated stainless steel flasks and soft good innovations and a Helen of Troy (NASDAQ: HELE) brand, is proud to announce progress on its sustainability journey. Starting in Spring 2022, Hydro Flask began rolling out Forest Stewardship...
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July 28, 2022
New Global Handmade Bike Show MADE to Debut in Fall 2023
PORTLAND, Ore. /OUTDOOR SPORTSWIRE/ - Introducing MADE - www.made.bike - an industry and consumer bike event with a mission to bring framebuilders, media and makers together to elevate and inspire. The show will be located in Portland, Ore., with the debut in September 2023. MADE is supported by industry sponsors...
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July 28, 2022
Icebreaker Releases Fifth Installment of Annual Transparency Report
DENVER (July 28, 2022) /OUTDOOR SPORTSWIRE/ - icebreaker, the original merino apparel pioneers, has released the fifth installment of its annual Transparency Report, with a major focus on its switch to regeneratively grown wool. Through icebreaker’s partnership with The New Zealand Merino Company and its ZQRX program, the brand aims...
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July 27, 2022
Vista Outdoor Enters into Definitive Agreement to Acquire Simms Fishing Products
ANOKA, Minn., July 27, 2022 — Vista Outdoor Inc. (NYSE: VSTO), the parent company of 39 renowned brands that design, manufacture and market sporting and outdoor products to consumers around the globe, today announced the acquisition of Simms Fishing Products for a purchase price of $192.5 million. The gross purchase price includes a net present...
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July 27, 2022
Columbia Sportswear Company Reports Second Quarter and First Half 2022 Financial Results
Columbia Sportswear Company announced second quarter 2022 financial results for the period ended June 30, 2022.Net sales increased 2% to a record $578.1 million, compared to second quarter 2021. Operating income decreased 75% to $8.8 million, or 1.5% of net sales, compared to second quarter 2021 operating income of $35.0...
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July 27, 2022
Vista Outdoor’s Q1 Tops Guidance On Sporting Products Momentum
Vista Outdoor reported earnings on an adjusted basis rose 33% in the first quarter ended June 26 on a 21% revenue gain. Strong double-digit growth in the Sporting Products segment offset a 2% decline in Outdoor Products, primarily driven by Outdoor Accessories. Sales increased 21% to $803 million, gross profit...
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July 27, 2022
Jackson Hole Mountain Resort Winter 2022-23 Day Tickets on Sale Aug. 1, 2022
TETON VILLAGE, WYO. — July 27, 2022 /OUTDOOR SPORTSWIRE/ — Jackson Hole Mountain Resort (JHMR) will launch its winter 2022-23 early bird ticket sale on Aug. 1, 2022, at 9 a.m. MDT. For the first time, guests can save up to 15% on day tickets when purchased before Oct. 1, 2022. To...
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July 27, 2022
Garmin Q2 Sales Dragged Down By Weakness In Fitness Wearables
Garmin, Ltd. reported sales declined 6 percent in the second quarter ended June 25, pulled down by a 34 percent drop in the fitness segment. Garmin reduced its guidance for the year, with earnings being impacted by the strengthening of the U.S. dollar, high inflation, and rising interest rates. SGB...
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July 27, 2022
Taiga Coolers Marks 100% Growth in 9th Year of Business
Mesquite, Texas (July 27, 2022) /OUTDOOR SPORTSWIRE/ –Taiga Coolers, the American-made, veteran-owned brand known for crafting customizable, high-performance coolers, ended the second quarter of 2022 with explosive 100 percent year-to-date growth. Taiga Coolers’ product sales grew by an additional 330 percent between Q1 and Q2 of 2022 and are projected to...