Author: SGB Media

American Outdoor Brands, dragged down by prolonged weakness in firearms, reported earnings before charges dropped significantly the first quarter ended July 31. Sales shrunk 10.9 percent to $123.7 million.

After a sluggish start, Tilly’s sales recovered in the latter months of the second quarter and have accelerated with the arrival of back-to-school selling.

Top headlines from the active lifestyle industry you may have missed this week, including Standard & Poor’s Corp. revising its outlook on the debt ratings of Bass Pro Group to stable from positive following Bass Pro’s release of second-quarter and first-half results that were below its expectations.

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.

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.

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.

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 […]