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.-
December 20, 2024
Winnebago Reports Q1 Financials Amid ‘Challenging’ Environment
Winnebago Industries reported financial results for the company’s first quarter fiscal 2025. Revenues of $625.6 million. Gross profit of $76.8 million, representing 12.3% gross margin. Net loss per diluted share of $0.18. Adjusted net loss per diluted share of $0.03(1). RV-Pro
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December 19, 2024
Climbers Rejoice as National Park Service Nixes Plan to Ban Fixed Anchors
Climbers worried about the future of their sport in wilderness areas can take a big sigh of relief. On Wednesday, the National Park Service (NPS) decided against a plan to prohibit fixed anchors — the gear that climbers use to protect themselves from falls. Climbing advocates had fought against the proposal since November...
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December 17, 2024
Camping World fined $3.5 million for misleading pricing fiasco
Camping World challenged its customers, “Dare to compare!” Now the results of that challenge have led to a $3.5 million settlement that Camping World must pay after Oregon investigators found the big RV dealer’s claim bilked buyers with inflated charges. Camping World may owe you money. Multiple Camping World dealerships...
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December 17, 2024
Park City Ski Patrol Authorizes Strike In Labor Dispute with Vail Resorts
The Park City Professional Ski Patrol Association (PCPSPA), the labor union of ski patrollers at Park City Mountain, reportedly voted to approve a strike authorization amid labor negotiations that have been ongoing with Vail Resorts since March. The PCPSPA’s contract expired more than six months ago and the sides held the...
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December 12, 2024
The year in review: Garmin releases 2024 Garmin Connect Data Report
Garmin released its 2024 Garmin Connect™ Data Report, highlighting overall health and fitness trends from its customers around the world. From detailed health and wellness stats – like how well our customers slept or how their bodies responded to stress – to fitness-driven data like average daily steps, insights from the...
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December 9, 2024
Vail Resorts Posts Flattish Fiscal Q1 Results in Historically Small Quarter
Vail Resorts, Inc. reported that total net revenue increased 0.7 percent to $260.3 million for the fiscal 2025 first quarter ended October 31, with increases across all segments. The net loss attributable to Vail Resorts, Inc. was $172.8 million, or a loss of $4.61 per diluted share, for the first quarter...
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December 9, 2024
Black Diamond Parent Adds to Adventure Segment, Acquires RockyMounts
Clarus Corporation is the parent company of Black Diamond, which dominates the company’s Outdoor segment. The RockyMounts deal is the first acquisition in the Adventure segment since Clarus acquired Tred Outdoors in October 2023. SGB Media
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December 3, 2024
Amer Sports Launches Public Share Offering of 34M Shares
Amer Sports, Inc., the global group of sports and outdoor brands, which includes Arc’teryx, Salomon and Wilson Sports, has launched a public offering of 34 million ordinary shares. In connection with the offering, Amer Sports has granted the underwriters a 30-day option to purchase up to an additional 5.1 million ordinary shares. Amer...
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November 27, 2024
Race Directors Called Upon to Petition Against United States Forest Service Hiring Freeze
Many trail runners in the United States recreate on public lands, much of which is managed by the USFS. From clearing trails to fighting fires to keeping long-drop toilets at trailheads clean and stocked with toilet paper, the USFS plays a critical role in caring for the 193 million acres...
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November 25, 2024
VF Corp. to Lay Off 242 Employees in Virginia Distribution Center Closure
VF. Corp is planning to close a distribution in Martinsville, Va., resulting in over 200 employees losing their jobs. VF told FN in a statement that it decided to close the center in May after evaluating the best way to ship its products to consumers, as part of the company’s “Reinvent”...
