Top line: Garmin posted record third-quarter results and raised its 2026 outlook to about $8.15B in revenue and $10.80 in pro forma EPS, up from $8.05B and $10.00 in July and above consensus. Outdoor segment revenue jumped 20% to $597.3M on adventure watches, including the new fēnix 9, and Fitness rose 16% to $694.3M on wearables. Company gross margin expanded to 63.3% from 59.1%, and shares rose about 3% premarket. (Garmin, Investing.com)

Bike

  • Garmin's cycling line is riding inside its Fitness segment, which posted 33% operating margins and $231M of operating income; the company called out the new Edge 1060 and Edge Explore 3 computers heading into the holiday season. (Garmin)
  • Bids for Accell's Cycles Lapierre are due today at noon. More than 50 parties have expressed interest, but no offer or buyer has been made public; the partial sale of Accell to Dutech did not include Lapierre. (Frandroid, Dijon Beaune Mag)
  • Another Chinese bike brand enters the WorldTour-level sponsor market: Team TotalEnergies drops Cube for Pardus on a three-year deal running through 2029, covering its pro, U23 and U19 squads. (Team TotalEnergies, Cyclingnews)
  • Q36.5 is expanding in the U.S. with new senior sales management, territory managers and operations staff, and Bont Cycling named Craig Steyn U.S. sales manager with a national rep team effective Nov. 1. (Bicycle Retailer)
  • Feedback Sports hired Michael Kowalski, formerly of Mondraker USA, ENVE and Endura, as Americas sales manager. (SGB Media)

Ski & Snow

  • A Halloween storm could finally kick-start the Western season. Forecaster Chris Tomer sees one to two feet for Colorado's San Juans and 15 to 20 inches for Alta, Snowbird, Brighton and Solitude from about Oct. 31 to Nov. 3, with colder air helping snowmaking. (Unofficial Networks)
  • More Colorado snowmaking is underway: Crested Butte fired up its guns Oct. 26 ahead of a Nov. 25 opening, and Beaver Creek began making snow on the Birds of Prey course for its Dec. 3–13 World Cup event. (Powder, SnowBrains)
  • The North Face's U.S. Ski & Snowboard partnership is live, with the first product drop landing this quarter, VF said on its call. (Benzinga transcript)

Outdoor

  • VF beat its second-quarter guidance but only reaffirmed the year. Revenue fell 4% to $2.70B (up 1% excluding the divested Dickies), adjusted operating income was $364M against a roughly $315M guide, and gross margin rose 320 basis points to 55.4%. The North Face grew 4% to $1.21B, with Americas direct-to-consumer up 8%, Timberland rose 4%, Altra grew more than 40%, and Vans fell 9.8% even as its global direct sales returned to growth. Shares were slightly lower premarket. (VF, WWD, SGB Media)
  • VF is building inventory into the second half: net inventories rose 7% year over year, while net debt fell $1.1B, or 20%. (VF)
  • Rocky Brands, owner of XTRATUF and Muck, grew third-quarter sales 13.3% to $138.8M and raised its outlook, with tariff refunds and full-price selling lifting margins. (Rocky Brands, Investing.com)
  • Adventure Ready Brands, parent of After Bite and Ben's, bought CleanLife No Rinse, a maker of waterless hygiene products. (SGB Media)

Upcoming

Cycles Lapierre bids due Oct. 28 at noon; Columbia Q3 Oct. 29 after the close (Columbia); New Jersey State House e-bike demo day Oct. 29; Keystone's first lift-ticket date Oct. 31; Western storm window Oct. 31–Nov. 3; Fox Factory and Clarus Nov. 5 after the close; YETI Nov. 12; Youngone (Scott Sports' parent) Q3 expected around Nov. 13 per market-data listings, not yet confirmed by the company (StockAnalysis); Amer Sports Nov. 17.

The Outdoor Pulse is published weekday mornings. Weekly deep dives on Mondays.