SGB Update Sportsmans
Winnebago Increases Quarterly Dividend
The company’s Board of Directors approved a quarterly cash dividend of 35 cents per share, representing a 3 percent increase, or 1 cent a share, from the previous quarter.
Primary Arms Appoints VP, Legal & Compliance
Samantha-Anne Horwitch Nadolny previously served as associate general counsel at Select Water Solutions and as general counsel and chief compliance officer at Citelum US, a EDF Groupe company. Her work in the legal field has earned her recognition as one of the Top 50 General Counsel of the Year honorees in 2019 and 2023.
Report: Female Consumers Slowing Discretionary Spend Faster Than Men
During the first half of 2025, year-over-year demand for discretionary products by female consumers remained flat, in contrast to a 3 percent increase in unit sales by men, according to Circana. Discretionary spending by women grew 1 percent on a dollar basis, while spending by men rose 2 percent.
Pitman Creek Wholesale Expands Key Accounts Team
The independently owned fishing tackle distributor based in Sanford, KY, hired Julia Peterson and Brenda Mock as it expands its key accounts team.
Report: Understanding Consumer Purchasing Behavior Retains Loyalty, Even in Uncertain Times
With shifting consumer perceptions of inflation, debt and pricing pressure, the report from Resonate emphasizes that brands can no longer rely solely on “holiday intuition” or historical campaign performance to connect with consumers during times of economic uncertainty.
Lazydays Sales Tumble On Dealership Divestitures
The RV dealer reported a 44.2 percent revenue decline in the second quarter after selling several RV dealerships to improve profitability. The net loss narrowed to $24.6 million, down from $44.2 million in the same period in 2024.
Massimo Motor Expands Sales Network into Oregon and Arkansas
The expansion will add over 100 new big-box retail locations to the company’s footprint, with products available in these new markets in early September. This expansion follows enhancements the company made to its global sourcing and logistics model.
Target Sports USA Adds New Marketing Associate to Team
Prior to being onboarded as a full-time employee, Sousa proved strong professional development in his internship at TSUSA. During his internship period, he supported Marketing and Operations within the company through his creative efforts on campaigns, content editing and UX optimization on site and product pages.
Moody’s Reduces Academy Sports Debt Ratings Outlook
Moody’s Ratings lowered Academy Sports & Outdoors’ debt ratings outlook to “stable” from “positive” on its belief that the retailer’s credit metrics “will take longer than originally anticipated to reach levels in line with a higher rating” due to the challenged economy.
Rossmönster Relocates to Larger Space in Longmont
The new facility, which opened this month, expands the company’s space from 23,000 to 36,000 square feet. This enables increased production, streamlined operations, and improved quality and customization for its vehicles.
Winnebago Industries Sets Leadership Changes
Winnebago Industries, Inc. has promoted Jeff Haradine to SVP, Marine and president of Barletta Boats. Casey Tubman was promoted to Group President of Newmar and Winnebago Motorized. Ashis Bhattacharya, SVP of Advanced Technology, Corporate Ventures and Engineering Services, plans to retire.
Bass Pro’s Debt Rating Outlook Cut To Negative on Soft Boat Biz
Moody’s lowered its ratings outlook on Great Outdoors Group to negative from stable due to weaker-than-expected operating performance, largely in its boating business, which is a “result of increased industry promotional activity amid soft consumer demand for boats.”
Rural King Opens Eleventh Pennsylvania Store – in Indiana
The family-owned retailer, dedicated to the rural lifestyle, has opened its 11th Pennsylvania store in Indiana, PA, home to Indiana University of Pennsylvania. The retailer will host a grand opening from August 15 to 17.
Scheels to Open Second Oklahoma Store; Seeking Financial Incentives for OKC Store
The retailer will officially open a 300,000+ sf store in Oklahoma City in the Spring of 2028. The city’s Economic Development Trust unanimously approved an $8 million funding agreement to support the development of the store, pending approval. Scheels opened a store in Tulsa last year.
CNBC/NRF Report Sees July Retail Sales Recover; Sporting Goods Sector Momentum Continues
Sporting Goods stores jumped 9.9 percent year-over-year (y/y) unadjusted in July, accelerating from an 8.5 percent y/y gain in May. Clothing, Footwear, Accessories, and General Merchandise were also among the channels with accelerated growth. Overall core retail sales were up 5.93 percent y/y, up from an increase of 3.36 percent in June.
