FBI background checks for firearms, as adjusted by the NSSF, were up 1.1 percent in July to 830,579 compared to the July 2018 NSSF-adjusted NICS figure of 821,260.
Author: SGB Media
Descente’s Q1 Revenues Slide 4.2 Percent
Descente Ltd. reported a sharp decline in profits in the first quarter ended June 30 as sales dipped 4.2 percent.
BSN Sports Signs Mike Procopio As Brand Ambassador
BSN Sports, a division of Varsity Brands, announced that Mike Procopio, director of player development for the Dallas Mavericks and renowned coach in the professional basketball community – has joined the company as a brand ambassador for the Basketball division.
Why Acushnet Considers Ski & Golf Apparel Brand Kjus A ‘Great Fit’
Although Acushnet Holdings Corp.’s $28.7 million acquisition of premium ski and golf apparel brand Kjus didn’t happen until the third quarter, CEO David Maher spent plenty of time on Wednesday’s Q2 earnings call discussing the company’s vision for its newest asset. He also explained why Acushnet views Kjus as a “great fit.”
Pocket Outdoor Media Appoints Robin Thurston As CEO
Pocket Outdoor Media, the holding company that owns VeloNews, Triathlete, Women’s Running, PodiumRunner, Bicycle Retailer, VeloPress, and VeloSwap, has appointed Robin Thurston, co-founder of MapMyFitness, as CEO.
Equinox Group To Launch New Digital Venture
Equinox Group announced the development of a multi-brand digital platform offering premium fitness content from leading brands, including Equinox, SoulCycle, Precision Run and more, with personalized programming from top instructors. The initiative is being led by Jason LaRose, former president, North America at Under Armour.
Camping World Bucks RV Headwinds To Post Record Revenue
Camping World Holdings Inc. on Wednesday reported revenue for the second quarter of $1.5 billion, a 2.3 percent increase from the year-ago period. The figured marked a record revenue for the company and also defied some current headwinds facing the RV industry.
Escalade’s Q2 Sales Expand 14 Percent
Escalade Inc. reported a strong increase in profits in the second quarter on revenue growth of 14.3 percent. Outdoor categories fueled the sales gains.
Mystery Ranch Expands Global Reach With New Distributors
Bozeman, MT-based pack company Mystery Ranch on Wednesday announced its further expansion into international markets. With new partnerships across Europe, Asia and the Middle East, the company seeking to grow across the globe.
Accell Group Sells Non-Core U.S. Business
Accell Group N.V. on Wednesday said it has reached an agreement with private equity firm Regent LP for the sale of its U.S. business, including the worldwide registrations of the brands Diamondback, Redline and IZIP. Accell and Regent also agreed on an exclusive two-year U.S. distribution partnership for Accell’s international brands—Raleigh, Haibike and Ghost.
VF Corp. Appoints Jan Van Mossevelde As VP, GM, Icebreaker EMEA
VF Corp. on Wednesday announced the appointment of Jan Van Mossevelde as vice president, general manager of Icebreaker EMEA.
Orange Mud Moves Headquarters To Texas
Orange Mud on Wednesday announced that it has moved its headquarters to Round Rock, TX, near Austin. The company, formerly based in Colorado, also moved its warehouse operations in Texas.
Wolverine World Wide’s Q2 Earnings Top Targets
Wolverine World Wide Inc. reported second-quarter sales increased 1.1 percent. Earnings dipped slightly but exceeded Wall Street’s consensus targets by two cents. Merrell grew mid-single digits and Sperry improved to flattish growth in the quarter.
Unifi’s Q4 Profits Drop
Unifi Inc. reported sales and pre-tax profitability declined in the fourth quarter ended June 30 that were in-line with expectations. The fabric supplier showed sequential quarter improvement on profitability and cash flows, and forecast volume and revenue growth and significant improvement in profitability for fiscal 2020.
Acushnet Sees Slight Q2 Earnings Decline
Acushnet Holdings Corp., the parent of Titleist and Footjoy, reported earnings slid 3.5 percent in the second quarter ended June 30 as sales slumped 3.3 percent due to a decline in golf club sales.
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