Sporting Goods Industry News for May 19, 2017
Big Foot net income declined 6% to $180 million from $191 million in the first quarter ended Apr. 29, on revenues that inched up 1% to $2,001 million from $1,987 million and a comp store sales gain of 0.5%.
Gap’s Other segment, which includes Athleta and two smaller banners, had sales of $202 million in Q1, up from $178 million last year.
The acquisition paves the way for Outdoor Retailer, which Emerald Expositions currently owns, to move from Salt Lake City to Denver, and the rebranding of the Snow Show, which is already contracted to run in Denver through 2030 under the Outdoor Retailer banner.
Pulse Performance Products is recalling about 18,700 Krusher Scooters because the down tube can break.