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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December 14, 2021
A major RV maker now has more than $18 billion in backlogged orders and says its dealers may not be fully restocked until 2023
Famed RV maker Thor Industries now has an $18.07 billion order backlog as of October 31 as demand for tiny homes on wheels continues to remain strong through the COVID-19 pandemic, the company said in its 2022 first-quarter earnings report on December 8. Thor Industries — which owns brands like...
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December 14, 2021
RV industry rolls through U.S. shortages, inflation
The recreational vehicle industry has done what many U.S. businesses did in the face of this year's epic shortages and surging inflation: Churned out more products and made more money than ever before. Winnebago Industries Inc (WGO.N) reported record fiscal 2020 revenues in October - up over 50% from the...
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December 13, 2021
Inside The Call: American Outdoor Brands Fiscal Q3 Sales Impacted By Delivery Timing
American Outdoor Brands reported sales fell 10.5 percent in the fiscal second quarter ended October 31, to $70.8 million. Officials blamed it on the timing of orders from traditional brick-and-mortar channels, and underlying demand remains healthy. Brian Daniel Murphy, president, CEO, said certain retail customers accelerated the company’s inventory purchases...
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December 13, 2021
Colorado Rafting Businesses Hire Right-Wing Law Firm to Keep Guide Pay Low
It may seem an unlikely pairing: A law firm that is fighting to roll back clean water protections across the United States and a coalition of raft companies in Colorado that often train their guides to give interpretive talks on environmental preservation. But last week the two found common cause...
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December 10, 2021
Lemonis Gives Alma Mater $3.1M ‘Tip’
Marcus Lemonis, the entrepreneur, philanthropist, advocate, TV personality and the chairman and CEO of Camping World, who also hosts CNBC’s The Profit and Streets of Dreams and HGTV’s The Renovator, made a surprise announcement in-person at his alma mater, Christopher Columbus High School in Miami, this week. As part of...
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December 5, 2021
You’ll Pay In 2022 To Hike Angels Landing At Zion National Park
Still have hiking to the top of Angels Landing in Zion National Park on your bucket list? If you wait until April, you'll have to pay for that fearsome experience. And you'll have to land a permit for the privilege. The National Park Service will issue permits using online lotteries...
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December 2, 2021
Augmenting reality: Wolverine Worldwide brings digital and physical showrooms together with the help of Envoy B2B
Before the shutdown, McGeough was tasked to grow innovation throughout Wolverine Worldwide. In particular, plans to launch virtual/augmented reality (AR) showrooms were being developed as many businesses and consumers already trended toward the idea. In fact, a 2019 pre-COVID-19 global survey conducted by Nielsen found that augmented and virtual reality...
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December 2, 2021
Sportsman’s Warehouse ends merger with Great Outdoors over FTC clearance concerns
Outdoor sporting goods retailer Sportsman's Warehouse Holdings Inc (SPWH.O) and Great Outdoors Group, owner of the Bass Pro Shops chain, have called off their merger deal, according to a regulatory filing on Thursday. The decision follows feedback from the U.S. Federal Trade Commission (FTC) that led the companies to believe...
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December 1, 2021
Garmin® confirms December 31 dividend payment
The Garmin Ltd. (NASDAQ: GRMN) board of directors has established December 31, 2021 as the payment date for the next dividend installment of $0.67 per share with a record date of December 15, 2021. At the 2021 annual shareholders’ meeting, Garmin shareholders, in accordance with Swiss corporate law, approved a...
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November 22, 2021
Facemask Sales Surging, Becoming New SKU
And even though some mask restrictions might be waning, with the ongoing Delta surge many companies are still seeing sales rise. And the stigma of masks has received a facelift as well, with balaclavas and other traditional face coverings are becoming part of skiers and riders’ kits alongside skis, boots,...
