Sportsman’s Warehouse Adeptly Seizing Firearms Opportunities

The firearms market has proven ripe for Sportsman’s Warehouse Holdings Inc. of late, and the most recent evidence arrived Wednesday when the company reported a 3.3 percent increase in firearms sales and a 5.3 percent increase in firearms and ammunition sales for the second quarter. Now those numbers could grow thanks to both outside and company-directed factors.

Puma Signs R.J. Barrett

Puma signed former Duke Basketball star and current New York Knick, R.J. Barrett, to an endorsement deal. Barrett was the third pick in the 2019 NBA Draft and is being touted as a possible breakout star.

American Outdoor Brands Posts Loss On Double-Digit Sales Dip

American Outdoor Brands Corp., parent of Smith & Wesson, on Thursday reported an earnings per share loss of 4 cents for the fiscal first quarter ended July 31, missing Wall Street’s estimates by 3 cents. Revenue declined 10.9 percent to $123.7 million for the quarter.

Golf Rounds Played Dip In July

According to Golf Datatech, golf rounds played in the U.S. dipped slightly in July, down 0.1 percent compared to the same month last year. July’s rounds played were held back by a mid-single-digit decline in the New England region. Year to date, golf rounds played are down 0.7 percent.

Bioengineered Apparel Gives New Meaning To Composting

Vollebak uses science and technology to make the future of clothing happen faster. The three-year-old outdoor brand, Founded by twin brothers, designers and athletes Nick and Steve Tidball, shown below, create outdoor clothing that no one else has—or is bold enough to try. In 2018, the duo manufactured several ground-breaking apparel pieces—the Graphene Jacket, the […]

Gap Inc. To Retain Name   

Gap Inc. on Thursday announced that, following the completion of the planned spin-off of Old Navy, the new public company, currently referred to as NewCo, will retain the Gap Inc. name.

Designer Brands Tops Q2 Earnings Estimates On Comp Sales Dip

Footwear retailer and manufacturer Designer Brands Inc. (formerly DSW Inc.) on Thursday reported earnings per share for the second quarter ended August 3 of 37 cents per diluted share, including net charges of 11 per diluted share from adjusted items. Adjusted EPS of 48 cents beat estimates by 1 cent.

Peloton Pedals On Toward IPO As Losses Mount

Peloton, the exercise bike maker and interactive fitness provider, on Tuesday filed an S-1 statement with the Securities and Exchange Commission, officially announcing that it plans to raise $500 million in an initial public offering amid significant losses but impressive revenue growth. SGB digs into the IPO’s important facts and figures.

PVH Lowers Outlook

PVH Corp. reported second-quarter revenue increased 1 percent (increased 3 percent on a constant currency basis) compared to the prior-year period and exceeded guidance. The company lowered its full year 2019 EPS outlook to reflect a more conservative view in part due to trade war tensions.