Core Viewpoint - Solo Brands, Inc. is actively engaging with investors by participating in the 16th Annual Midwest IDEAS Investor Conference, showcasing its commitment to investor relations and transparency [1][2]. Company Overview - Solo Brands, headquartered in Grapevine, TX, operates as a leading omnichannel lifestyle brand company, offering innovative products through five lifestyle brands: Solo Stove, TerraFlame, Chubbies, ISLE, and Oru Kayak [3]. - The company specializes in outdoor and apparel industries, with products including firepits, stoves, casual apparel, paddle boards, and origami folding kayaks [3]. Investor Engagement - The company will host one-on-one investor meetings and has scheduled a presentation on August 27, 2025, from 10:45 to 11:20 AM CT [2]. - Key executives, including the CEO, CFO, and Senior Director of Treasury & IR, will represent Solo Brands at the conference [2]. - The presentation will be available via live webcast, with a replay accessible shortly after the event [2].

Q2 2025 Financial Performance - Adjusted net sales decreased by 4% from $464 million in Q2 2024 to $446 million in Q2 2025[75] - Coolers & Equipment adjusted net sales decreased by 3% from $206 million to $201 million[77] - Drinkware adjusted net sales decreased by 4% from $247 million to $236 million[79] - Wholesale adjusted net sales decreased by 7% from $213 million to $197 million, while Direct-to-Consumer adjusted net sales decreased by 1% from $250 million to $249 million[81] - Adjusted gross profit decreased by 4% from $268 million to $258 million, with an adjusted gross margin increase of 10 bps from 57.7% to 57.8%[83] - Adjusted operating income decreased by 9% from $80 million to $73 million, with an adjusted operating margin decrease from 17.3% to 16.4%[85] - Adjusted SG&A expenses decreased by 2% from $188 million to $184 million, with an adjusted SG&A as a percentage of adjusted net sales increase from 40.5% to 41.3%[87] - Adjusted EPS decreased by 6% from $0.70 to $0.66, including a $0.07 per share impact from higher net tariff costs[88] Strategic Highlights - Expanded customer base through a strategic partnership with Fanatics, enhancing presence in sports licensing with custom NFL, MLB, NHL, and NCAA offerings[9] - Launched the all-weather Cayo backpack in late Q2 2025, exceeding initial expectations[9] - DTC sales decreased 1% YoY during Q2 2025, with growth in Amazon and Corporate Sales offset by softer US Ecomm demand[10] - Wholesale launch in Japan in late Q2 expanded distribution from 17 to over 270 doors and established a digital presence[10] FY 2025 Outlook (as of 8/7/25) - Adjusted Net Sales: Flat to Up 2% YoY[109] - Adjusted Operating Margin: 14.0% to 14.5%[109] - Adjusted Income per Diluted Share: ~$2.34 to $2.48, Down ~14% to 9% YoY[109] - Capital Expenditures: ~$50M[109] - Free Cash Flow: ~$150M to $200M[109]

Johnson Outdoors (JOUT) Q3 2025 Earnings Call August 01, 2025 11:00 AM ET Company ParticipantsPatricia Penman - Chief Marketing OfficerHelen Johnson-Leipold - Chairman & CEODavid Johnson - CFO & VPConference Call ParticipantsAnthony Lebiedzinski - Senior Equity Analyst - Specialty Retail/ConsumerOperatorHello everyone and welcome to the Johnson Outdoors Third Quarter twenty twenty five Earnings Conference Call. Today's call will be led by Helen Johnson Leopold, Johnson Outdoors Chairman and Chief Executive ...

Financial Data and Key Metrics Changes - Sales in the third fiscal quarter increased by 5% to $180.7 million compared to $172.5 million in the prior year [5] - Operating profit rose significantly to $7.3 million from an operating loss in the previous third quarter [6] - Gross margin improved to 37.6%, up 1.8 points from last year's quarter [11] - Operating expenses decreased by $1.7 million compared to the prior year, with a notable reduction in promotion and professional services expenses [11][12] - Inventory balance as of June was $163.7 million, down approximately $59.4 million from last year's third quarter [12] Business Line Data and Key Metrics Changes - In the fishing business, demand for new products like Humminbird's Megalive two sonar and Explorer Fish Finder exceeded expectations, with the Explorer series winning best in electronics at ICAST [6][7] - The camping and watercraft business saw strong performance from Old Town and Jetboil brands, with orders for Jetboil's new cooking systems outpacing expectations [7] - Diving business results improved slightly amid stronger market conditions, although challenges remain due to uncertainties in the global economy [8][9] Market Data and Key Metrics Changes - The watercraft marketplace remains weak, but Old Town continues to show resilience [7] - The diving marketplace faces challenges due to uncertainties in consumer travel and the global economy [8] Company Strategy and Development Direction - The company is focused on innovation, operational efficiencies, and e-commerce to drive future growth [10] - The company maintains a debt-free balance sheet and solid cash position, which supports its strategic priorities [10] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the positive sales trend throughout the quarter and hopes for stability in the upcoming season [15] - There are expectations of increased costs due to tariffs in the fourth quarter, but the company is prepared to mitigate these impacts [18] - Management is committed to ongoing cost savings initiatives and operational efficiencies [20] Other Important Information - The company is integrating a long-term supplier acquired at the beginning of the fiscal year, which is expected to deliver planned benefits [9] Q&A Session Summary Question: Can you comment on the cadence of sales throughout the quarter and July's performance? - Management noted a positive sales trend every month during the quarter and hopes for a good end to the season [15] Question: What is the expected impact of tariffs going forward? - Management anticipates more costs in the fourth quarter due to tariffs but is ready to mitigate these as the situation evolves [18] Question: Can you provide an update on the cost savings program? - The cost savings program is robust, with ongoing factory efficiencies and product cost improvements [20] Question: Can you sustain the trend of lower promotional activity? - Management indicated that while they are in competitive markets, promotional tactics will be adjusted based on market conditions [21] Question: Have recent awards led to an uptick in demand? - Recognition at ICAST has added momentum, and management is optimistic about the impact on sales [22] Question: Can further inventory reductions be achieved? - Management is confident in their ability to manage inventory levels but acknowledges macroeconomic challenges [25]

Core Viewpoint - Clarus Corporation reported a decline in sales and an increase in net loss for the second quarter of 2025, while emphasizing a strategic focus on operational execution and simplification of its product portfolio to drive future growth [3][4][8]. Financial Performance - Total sales for Q2 2025 were $55.2 million, down from $56.5 million in Q2 2024 [4][8]. - Sales in the Outdoor segment increased by 1% to $36.7 million, while the Adventure segment saw an 8% decrease to $18.6 million [4][5]. - Gross margin decreased to 35.6% from 36.1% year-over-year, primarily due to lower volumes and an unfavorable product mix in the Adventure segment [6][8]. - Selling, general and administrative expenses decreased to $26.9 million from $28.1 million, attributed to lower employee-related expenses and marketing costs [7][8]. Net Loss and Adjusted Metrics - The net loss for Q2 2025 was $8.4 million, or $(0.22) per diluted share, compared to a net loss of $5.5 million, or $(0.14) per diluted share in the prior year [8][9]. - Adjusted net loss was $1.1 million, or $(0.03) per diluted share, compared to an adjusted net loss of $1.2 million, or $(0.03) per diluted share in Q2 2024 [10][8]. - Adjusted EBITDA for the quarter was $(2.1) million, with an adjusted EBITDA margin of (3.8)%, compared to $(1.9) million and (3.4)% in the same quarter last year [11][8]. Cash Flow and Liquidity - Net cash used in operating activities was $(9.4) million, compared to net cash generated of $0.8 million in the prior year [12]. - Cash and cash equivalents totaled $28.5 million, down from $45.4 million at the end of 2024 [17]. Strategic Actions - The company completed the divestiture of its PIEPS snow safety brand for approximately $9.1 million, reflecting a focus on simplifying the Black Diamond business [13]. - Management is committed to prioritizing high-return initiatives to improve market responsiveness and product offerings [3].

Core Viewpoint - Clarus Corporation will hold a conference call on July 31, 2025, to discuss its financial results for Q2 2025, which ended on June 30, 2025. The results will be released after market hours on the same day [1]. Company Overview - Clarus Corporation is headquartered in Salt Lake City, Utah, and is a global leader in designing and developing equipment and lifestyle products for outdoor enthusiasts. The company aims to provide safe, effective, and aesthetically pleasing products to enhance outdoor experiences [3]. - The company's products are sold under well-known brands such as Black Diamond®, Rhino-Rack®, MAXTRAX®, and TRED Outdoors®, through various channels including outdoor specialty retailers, online platforms, and original equipment manufacturers [3]. Conference Call Details - The conference call is scheduled for July 31, 2025, at 5:00 pm ET, and will be accessible via a registration link provided in the announcement. The call will also be available for replay on the company's website [2].

Core Viewpoint - Clarus Corporation has completed the sale of PIEPS and JetForce avalanche pack intellectual property for €7.8 million (approximately $9.1 million), indicating a strategic move to simplify its business and strengthen its balance sheet [1][2]. Company Overview - Clarus Corporation is headquartered in Salt Lake City, Utah, and is a global leader in designing and developing equipment and lifestyle products for outdoor enthusiasts [2]. - The company aims to provide safe, simple, effective, and aesthetically pleasing products to enhance outdoor experiences, with a focus on continuous product innovation [2]. Strategic Focus - The divestiture of PIEPS is part of a broader strategy to rationalize product categories and focus on long-term growth opportunities [2].

Financial Performance & Strategy - The company's FY25 net sales reached $222.3 million, compared to $201.1 million in FY24 [82] - The company aims for $400 million in net sales, projecting EBITDA to exceed $70 million at that level [56] - The company's long-term operating model targets ~30% EBITDA contribution when sales exceed $200 million [57] - As of April 30, 2025, the company reported cash and cash equivalents of $23.423 million [62, 84] - The company's Shooting Sports category has grown by 4.7% since FY20, while the Outdoor Lifestyle category has grown 66.1% [72] Innovation & Product Development - The company's innovation platform has yielded over $93 million of incremental organic revenue compared to five years ago [40] - The company has secured 170 new patents, protecting future revenue potential [40] - The company maintains an asset-light operation with outsourced manufacturing and scalable infrastructure to support $400 million in revenue [53] Future Outlook - The company expects its future net sales to be comprised of 65% Outdoor Lifestyle, 10% international [75] - The company is focusing on organic growth, opportunistic M&A, and stock buybacks [61, 65]

Core Insights - Solo Stove is expanding its product line with the introduction of the Solo Steelfire™ 30 Stainless Griddle, aiming to disrupt the outdoor cooking market and enhance backyard entertaining experiences [1][4] Product Features - The Steelfire™ Griddle heats up in just 7 minutes and offers professional-grade performance with a proprietary 3-ply stainless steel-clad surface that resists rust and requires no seasoning [2][3] - It heats over 35% faster than traditional cast iron griddles, reaching optimal temperatures of 300 - 800 degrees quickly, and features a patent-pending Solo Racetrack Burner configuration for even cooking [3] - An integrated grease trap and a modular stand with foldable side tables enhance usability and customization for outdoor cooking [3] Market Positioning - The Steelfire™ 30 Griddle is priced at $899 or $1,199 with a stand, available exclusively on SoloStove.com, with pre-orders starting on June 11th and shipping beginning in early July [5] - The product launch is accompanied by customizable accessory kits designed to enhance the cooking experience, including a Burger Kit, Chefs Kit, and Essentials Kit [4] Company Overview - Solo Brands, headquartered in Grapevine, TX, operates multiple lifestyle brands, including Solo Stove, TerraFlame, Chubbies, ISLE, and Oru Kayak, focusing on innovative and premium products [6]

Financial Data and Key Metrics Changes - Total net sales for the first quarter were $77.3 million, down 9.5% from the prior year [11] - Adjusted gross profit was $42.8 million, representing 55.4% of net sales, compared to 59.5% in the prior year [12] - GAAP net loss was reduced to $12.2 million, down over 65% from the fourth quarter [13] - Adjusted EBITDA for the quarter was $3.5 million, with a margin of 4.5% of net sales, compared to $4.3 million or 5% of net sales in the prior year [13] Business Line Data and Key Metrics Changes - Chubby's segment sales grew by 43.9%, contributing an incremental $13 million in sales through retail expansion and increased direct-to-consumer (DTC) sales [7][11] - Solo Stove segment sales declined by $25.3 million, primarily due to the elimination of extensive discounting and a lack of new product launches [8][11] Market Data and Key Metrics Changes - The company is diversifying its manufacturing footprint to mitigate tariff impacts, with plans to reduce reliance on China-sourced products [10] - Tariffs did not impact first quarter results, but proactive steps are being taken to offset expected costs starting in the second quarter [10] Company Strategy and Development Direction - The company is focused on a profit-oriented transformation plan, leveraging its entrepreneurial culture to build and scale its outdoor lifestyle portfolio [6][7] - Strategic initiatives include organizational design, marketing effectiveness, pricing strategies, and product innovation [15][17][18][19] - New product launches are anticipated to ramp up in Q4, with a focus on premium brand offerings and reduced promotional activities [19][20] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the business as initiatives begin to yield results, with expectations to stabilize performance in the second half of the year [7][21] - The company is working closely with lenders to address its debt structure and has a plan to regain compliance with NYSE listing requirements [5][6][21] Other Important Information - The company reported a going concern disclaimer in its Form 10-Q due to expected non-compliance with certain financial covenants [14] - The company has implemented significant performance improvements and cost reduction initiatives to enhance financial performance [10][12] Q&A Session Summary - The management indicated that a Q&A session would be limited due to ongoing discussions with lenders regarding the company's debt structure, leading to many "no comment" responses [21]