For comparison, the unadjusted February 2024 FBI NICS figure of 2,336,390 reflects a 6.6 percent decrease from the unadjusted FBI NICS figure of 2,502,385 in February 2023.
Author: SGB Media
Target Corp. Beats on Q4 Earnings Estimates but Sales Fall Short
Sales fell short of expectations in Q4 on a tough holiday selling period, but earnings beat estimates as the retailer posted GAAP and Adjusted EPS of $2.98, compared with $1.89 in Q4 2022. Analysts were reportedly looking for $2.42 a share.
Jelenew Redefines Athletic Couture
Chanel’s haute-couture Director, Christelle Kocher, joins Jelenew to launch its first curated performance apparel collection.
EXEC: Amer Sports Sees Q4 Growth Slow as Wholesale Declines; Posts Adjusted Net Loss
The parent of Wilson Sports, Salomon and Arc’teryx said they saw an expected deceleration from third quarter and year-to-date comparative trends due to the supply chain related sales shift that occurred from the third quarter into the fourth quarter in 2022.
Polaris 2025 Snowmobile Lineup Features New Technology, Model Upgrades
Highlights include Polaris’ patented Dynamix suspension technology, RMKs up to seven pounds lighter, Patriot 9R engine expanded into trail and crossover models, widetrack 650 Titan Adventure, and SnowCheck customization program.
BowFlex Inc. Files for Chap 11 Bankruptcy; Appoints Stalking Horse Bidder
The fitness company, formerly Nautilus, Inc., entered into a purchase agreement with Johnson Health Tech Retail, Inc. to serve as the Stalking Horse Bidder in acquiring substantially all of the company’s assets for $37.5 million in cash.
EXEC: Fenix Outdoor Acquires 30 Percent of Fjällräven Retail Partner
Arctic Fox s.r.o. Artic Fox runs six Fjällräven Stores and online businesses in the Czech Republic and Slovakia. Fenix Outdoor has an option to increase its ownership over time.
Worksman Cycles to Distribute Pacific Adaptive Tricycles
The long-time U.S. manufacturer of industrial-grade, heavy-duty cycles, is now the exclusive North American distributor for the Pacific Micah Adaptive Tricycle
Vigilant Gear Appoints New Company President
Ben Fleming joins Vigilant Gear, the parent company of Primary Weapons Systems and Lone Wolf Arms, as president. Fleming is an industry veteran with years of experience and passion for the shooting sports industry.
Gymshark Appoints First Chief Digital Officer
Carly Natalizia was promoted to Chief Digital Officer at Gymshark. She joined the company in 2022 as vice president of marketing, International leading the marketing team for the UK, EMEA and APAC. She was promoted to global marketing director in January 2024.
Swany America Snags 11-Year Smartwool Vet as VP of Sales
Todd Givnish is an industry veteran of the ski and outdoor verticals, having previously led Smartwool sales and marketing efforts for over a decade.
SMC and SSL Merge to Form Winter Sports Retailers, Inc.
Snowsports Merchandising Corporation (SMC) and Sports Specialists Ltd (SSL) merged to form Winter Sports Retailer, Inc. (WSR), creating the largest network of U.S. specialty retailers.
MasterCraft Appoints New CEO and Chair as Fred Brightbill Exits
Brad Nelson will become the company’s new CEO and be appointed to its Board of Directors, effective March 18. Nelson succeeds Fred Brightbill who is retiring as CEO on March 18.
EXEC: Deckers Brands Moving to S&P 500 Index
The parent of the Hoka, Teva and Ugg brands is moving to the S&P 500 Stock Index, effective prior to the open of trading on March 18. DECK shares were previously included in the S&P Midcap 400.
EXEC: Vista Outdoor Board Rejects MNC Capital Acquisition Overture
The Vista Outdoor Board said in a Monday release that it continues to recommend the acquisition of the Sporting Products business by Czechoslovak Group a.s. and remains committed to the strategy of standing up the Outdoor Products business as a standalone public company.