EXEC: Ahead, Craft, Cutter & Buck Parent Sees Sales Decline Cut into Bottom Line
EXEC: Nike, Inc. Outlines Two-Phase Plan to Cut 740 Positions at Beaverton HQ
Vail Resorts Expects Resort EBITDA at Low End of Outlook Despite Late Season Bump
EXEC: Anta Sports Sees Fila Brand Q1 Retail Sales Trend Moderating from 2023
Nordstrom Family Members Look to Take Namesakes Retailer Private Again
SGB Update
Olin’s Winchester Segment Q1 Sales Grow on Stronger Ammo Shipments, White Flyer Deal
The increase in Winchester sales was primarily due to higher commercial ammunition shipments, higher domestic and international military sales, and White Flyer sales.
Skechers USA Gets International and DTC Lift to Post Solid First Quarter Results
DTC sales grew 17.3 percent to $829.8 million for the quarter, including increases in APAC of 16.5 percent, AMER of 10.5 percent, and EMEA of 62.4 percent. Direct-to-consumer volume increased 15.5 percent and average selling prices increased 1.6 percent.
Columbia Sportswear Ups 2024 Profit Guide, Maintains Sales Decline
First quarter net sales decreased 6 percent to $770.0 million. The decline primarily reflects lower wholesale net sales in the U.S. and Canada, driven by retailer cautiousness, a challenging competitive environment and generally soft consumer demand.
SGB Executive
EXEC: Mips Continues to Turn the Business Around in Q1 After Tough 2023
For the consecutive second quarter, Mips delivered growth in the Bike sub-category and has seen inventory levels of helmets with consumers and retailers returning to healthier levels.
EXEC: Ahead, Craft, Cutter & Buck Parent Sees Sales Decline Cut into Bottom Line
The Swedish-based owner of Ahead, Auclair, Craft, Cutter & Buck, and Tenson reported that first-quarter net sales decreased 7 percent to SEK 1.995 billion. Regionally, Central Europe, followed by the U.S., performed best in sales volume.
EXEC: Osprey and Hydro Flask Both Expanding Product Ranges and Distribution
Osprey should strengthen internationally with growth in the EMEA and APAC on demand for travel packs, while the U.S. will expand in sporting goods. For Hydro Flask, it’s all about color and configuration in the U.S. while expanding in tge EMEA through Osprey’s distribution footprint.
