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 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
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
Upcoming evolution of leadership in the Rossignol Group
Bruno CERCLEY joined Rossignol in 2002 and left in 2005 after Quiksilver acquired the Group. In 2008 he led a consortium that acquired Rossignol from Quiksilver, and he took over as CEO upon completion of this transaction. Under Bruno’s leadership, Rossignol Group has grown to become one of the World’s...
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November 4, 2020
Rails-to-Trails Conservancy and PeopleForBikes release federal transportation policy outlining strategy to create access to jobs, mobility and outdoor recreation
WASHINGTON—As election results continue to come in, federal policymakers are already looking to the year ahead when the next Congress and the White House will be tasked with the country’s economic recovery and reauthorization of the nation’s federal transportation bill. Rails-to-Trails Conservancy (RTC) and PeopleForBikes today released a federal agenda...
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November 3, 2020
The 50 Best Places to Work in 2020
Work life got turned upside down this year, and many people are just thankful they have any job at all. But some companies have gone above and beyond to not just survive, but thrive. Outside lists the 50 places which topped the list.
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November 3, 2020
Ski Area Execs Optimistic Heading to Winter 20/21
If the summer is any indication of demand for outdoor recreation, ski areas will be very busy this upcoming season. This is the general consensus of ski area executives who participated in an Oct. 22, Zoom media briefing hosted by the North American Snowsports Journalists Association. Read more on Inside...
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November 2, 2020
Camping World Holdings crushes estimates, initiates stock repurchase program
The company earned $1.44 per diluted share, while analyst average estimates were $1.10 per share. For the three month period ended Sept. 30, 2020, Camping World said its total new and used unit sales combined to increase by 18%. Total revenue increased by 21% compared to the prior year period....
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November 2, 2020
Putting your money where it counts. The Conservation Alliance says goodbye to Bank of America.
The Conservation Alliance has ended its business with longtime financial partner Bank of America, divesting all funds over concerns about the bank's lack of environmental commitment. Read more on SNEWS.
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November 2, 2020
Have you voted yet?
Today's is election day and your vote counts! The Outdoor Industry Association has pulled together a voters guide for the outdoor industry here.
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November 2, 2020
Emerald Holding takes earnings beating on cancelled shows
You know them for your favorite trade shows that didn't happen this year including Outdoor Retailer, SurfExpo and others. The company reported revenues of $8.5 million in the third quarter ending September 30 compared to revenues of $75.6 million for the third quarter of 2019, a decrease of 88.8 percent....