Today In Retail: At Home Group Sales Soar 41.3 Pct; Care/of To Launch Vitamin Collection In Target

In today’s top retail news, At Home Group Inc. reported a 41.3 percent net sales rise in the fourth quarter, while Care/of will bring a new vitamin collection to Target. Plus, a West Coast golf upstart is aimingto innovate with on-course unattended retail kiosks.

At Home Group Sales Jump 41.3 Pct Amid ‘Transformational Year’

At Home Group Inc., the home décor retailer, posted a net sales increase of 41.3 percent in the fourth quarter. The firm reported earnings per share of $1.08 on net sales of $562 million for the fourth quarter. Those results came out ahead of analysts’ expectations of 69 cents per share in earnings on $525.81 million in revenue.

D2C Brand Care/of To Roll Out Vitamin Collection At Target

Care/of will launch a new vitamin collection in Target, becoming one of the latest direct-to-consumer (D2C) brands to provide merchandise through a retailer. The brand intends to debut a new vitamin collection at brick-and-mortar Target locations and on the retailer’s website on Sunday (March 28). Care/of was founded in 2016 by Craig Elbert and Akash Shah.

Cadi’s Autonomous Retail Golf Shops Let Players Try Before They Buy On The Course

A West Coast, crowdfunded golf upstart is aiming to disrupt the sector’s big-box retailers with on-course unattended retail kiosks that let golfers test out new clubs and equipment before they purchase them. These unmanned pods reshaped declining or nonexistent retail locations into flourishing sales producers, according to Cadi Co-Founder and CEO Tyler Gottstein.

Winnebago Rides COVID-Era Outdoor Shift To Record Results

Iowa-based Winnebago Industries said that “robust consumer demand” fueled its fiscal second-quarter revenues 34 percent higher to a record $840 million for the three months concluding Feb. 27, while its net income surged by 300 percent. “While we are pleased with the exceptional financial and operating results delivered for the second quarter, we are also optimistic about the positive retail and wholesale conditions for the rest of our fiscal year,” CEO Michael Happe said.