March 11, 2024 Clarus Plans for Growth after Ammo Sale
Now moved into the pure play outdoor space with the shedding of its ammo business, Clarus outlined a path to profitable growth at its 2024 Investor Day with new management teams in place at its Outdoor and Adventure segments. Vail Resorts Retail/Rental Revenue Falls in FQ2
Proceeds from retail sales and rentals were down 15% to $136,156,000 in the fiscal second quarter ended Jan. 31 from $159,932,000 prior, primarily driven by diminishing skier visits due to unseasonably warm weather. Beachbody Will Be Cash Flow Positive in Q1
A $43.1 million impairment charge contributed to a net loss in the final quarter that expanded to $65,039,000 from a loss of $44,933,000, as total revenues declined 20% to $119,010,000 from $148,166,000. Retail Imports Rebound in January
The first month of 2024 got off to a strong start as January retail imports at U.S. container ports increased 9% to 1.96 Twenty-Foot Equivalent Units, easily beating projections from the NRF and Hackett Associates. Yue Yuen Manufacturing Down, Retail Up in Feb.
YY’s manufacturing segment revenue dipped 13% in Feb. to an implied $363,207,000 from $416,509,000 last year, while total revenues were flat at the Chinese footwear maker and retailer at $605,952,000 for the month. Thermore Debuts Freedom Stretch Insulation
Freedom, the new stretch insulation from Thermore group, is made from 50% post-consumer recycled polyester and comes in four levels of warmth, from 60 to 150 grams per square meter.
Yeti is suing Qi Xiangsong (dba Cardoqi) in West TX district court for selling 20 oz. tumblers that it says infringe on the Rambler Tumbler trade dress. Etcetera: Bass Pro, Bowflex, Hanesbrands, Venum, Under Armour
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