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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April 29, 2021
Columbia Sportswear Company Reports First Quarter 2021 Financial Results and Raises Full Year 2021 Financial Outlook
Net sales increased 10 percent to $625.6 million, compared to first quarter 2020. Operating income of $70.5 million, or 11.3 percent of net sales, compared to first quarter 2020 operating loss of $2.0 million, or (0.3) percent of net sales. Yahoo
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April 28, 2021
Garmin’s Q1 Revenues Advance 25 Percent
Garmin Ltd. reported sales grew 25 percent in the first quarter ended March 27, led by gains of 38 percent in its Fitness segment, 46 percent in Outdoor and 28 percent in its Marine segment. Total revenue of $1.07 billion, a 25 percent increase over the prior-year quarter led by...
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April 26, 2021
Camping World to Accept Crypto Following BitPay Partnership
Customers will be able to buy recreational vehicles from Camping World using bitcoin, ethereum and other cryptocurrencies. The Street
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April 22, 2021
Vail Raises Guidance After Better Than Expected Spring Season
Both visitations and lift ticket purchases exceeded expectations at destination resorts in those states, and results at local mountains generally met plan. The company now expects net income to range from $258 million to $280 million for the nine-month period. Previously, Vail had expected net income of $204 million and...
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April 22, 2021
Sales in the Americas fuels Thule’s 46% net sales gain in Q1
Thule Group net sales for the first quarter of the year increased 46% year-over-year, which was helped by sales in the Americas that jumped 83% after currency adjustment. Sport and cargo carriers drove the Region Americas growth with bike product demand leading the way. Bicycle Retailer
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April 22, 2021
National Park Visits Climb 37 Percent In March
According to the monthly report from the National Parks Service, visits to national parks totaled 20.6 million in March, up 37 percent from 15.1 million in March 2020 as the pandemic emerged. Total visits for the first three months of the year reached 45.95 million, up 5.6 percent from 43.5 million a...
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April 19, 2021
Airbnb announces $8 million Athlete Travel Grant scheme to support Olympians and Paralympians
Up to 500 athletes a year will receive $2,000 (£1400/€1600) in promotional credit with The Olympic Partner (TOP) member Airbnb in new scheme to support travel, accommodation and training. Inside the Games
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April 15, 2021
Outside announces acquisition of subscription-box service Cairn
The Colorado-based creator of active lifestyle content and experiences has added Cairn, an outdoor subscription-box service, to its rapidly growing portfolio of brands. OBJ
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April 14, 2021
REI’s Sales Slide 12 Percent In 2020
REI Co-op reported sales fell 11.9 percent in 2020 as the Co-Op managed through the challenges presented by the pandemic. REI also reported no profits in 2020 but ended the year in a strong cash position and debt-free, after investing millions in its impact work to combat climate change, address...
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April 8, 2021
Vibram Announced Executive Leadership Changes
Eric Rosen, a 20-year veteran of the brand, will retire in April, and in conjunction with his departure, Vibram announces changes to its senior management team. SGB Media
