Pelican International Appoints New CEO

Pelican International Inc., the maker of kayaks, stand up paddleboards, canoes, pedal boats, and fishing boats based in Quebec, said Danick Lavoie has accepted the position of CEO.

AOBC: 2020 Election Not Impacting Firearms Demand – Yet

James Debney, the CEO of Smith & Wesson parent company American Outdoor Brands Corp., told analysts on this week’s earnings call that while the 2020 presidential election has not yet had an impact on firearms demand, that could change in the run-up to next November.

Genesco Lifts Full-Year Guidance On Journeys’ Q3 Momentum

Genesco Inc. raised its outlook for the year after reporting third-quarter profit and same-store sales rose above expectations.
Among its segments, same-store sales grew 4 percent at Journeys and improved 3 percent for Schuh while falling 6 percent at Johnston & Murphy.

Adidas Partners With Fresno State Athletics

Fresno State Athletics announced that Adidas will replace Nike as its official athletic footwear, apparel and accessory brand in a 6-year partnership through the 2026 season. The agreement is effective June 1, 2020.

Sportsman’s Warehouse Looking Past Near-Term Ammo Pressure

Sportsman’s Warehouse Holdings Inc. said this week it projects some near-term pressure on ammunition sales in light of competitors like Walmart offering deep discounts as they sell off their inventory and exit the category. But Midvale, UT-based Sportsman’s has its eyes on a bigger prize—taking market share once those other players have gotten out of the ammo game altogether.