Topgolf Callaway Brands Corp. reported that the company purchased certain assets from Invited, Inc., the largest owner and operator of private golf clubs in the U.S., related to its BigShots Golf business.
Author: SGB Media
Sturm Ruger’s Q3 Sales Decline 13 Percent
Sturm, Ruger & Company, Inc.’s sales declined 13.3 percent in the third quarter, to $120.9 million from $139.4 million a year ago. Earnings fell 40.4 percent to $7.43 million, or 42 cents a share, from $18.4 million, or $2.13, a year ago.
Camping World Q3 Profit Falls 70 Percent as Inventory Cleared
As the procurement prices of model year 2024 new vehicles declined compared to model years 2022 and 2023, the company actively discounted certain used vehicles in Q3 to reduce inventory levels of aged used vehicles.
Vista Outdoor’s Revenues Decline 13 Percent in Fiscal Second Quarter
Vista Outdoor, Inc. reported sales dropped 13 percent in the fiscal second quarter ended September 24 with declines of 19 percent in its Sporting Products segment and 6 percent in its Outdoor Products segment. Earnings and sales results were in line with updated guidance given on October 16.
Rocky Brands’ Q3 Profits Improve 20 Percent
Rocky Brands, Inc. reported profits rose 20 percent in the third quarter ended September 30 due to the benefits of pricing actions taken in the second half of 2022 as well as lower costs. Sales were down 14.8 percent in the period but the rate improved versus the second quarter with a benefit from improved retailer inventory positions.
Nordica Appoints U.S. National Sales Manager
Nordica recently hired Andy Lovell as U.S. national sales manager. He is a 20-year veteran of the active outdoor industry. Most recently, Lovell was the global key accounts manager for W.L. Gore & Associates.
Riddell Extends NFL Helmet Partnership Through 2030 Season
Riddell has inked a 7-year extension of its partnership with the National Football League and will continue to serve as the Exclusive Licensee of Collectible Helmets and an Authorized Supplier of Helmets to the NFL through the 2030 season.
St. Croix Fly Adds Industry Vet as Southeast Sales Rep
The fly rod company hired Chase Pritchett as a sales rep for the Southeast U.S., covering Alabama, Georgia, Florida, South Carolina, North Carolina, and Tennessee.
Salvo Technologies Hires President of Salvo Sports Division
Most recently, Keith Enlow was president of Sierra Bullets and Barnes Bullets and Ammunition. Before that, he was the CEO for the U.S. Olympic and Paralympic Shooting teams. He has served in prior senior leadership roles at Remington Ammunition.
Good Feet Holdings Closes on Stretch*d Acquisition
Good Feet Holdings, LLC, a holdings group of wellness brands, including The Good Feet Store and ING Source, reported that it completed its acquisition of Stretch*d.
Burn Boot Camp Promotes Burke to COO
Burn Boot Camp, based in Charlotte, NC, promoted Amber Burke to chief operating officer. She was VP of franchise operations.
Deckers Brands Promotes Fox to Senior Marketplace Manager
Deckers Brands promoted Lindsey Fox to senior marketplace manager, trend and lifestyle. She was previously a senior account executive with Deckers for nearly five years.
Christy Sports Appoints Chief Marketing Officer
The retailer hired Danielle Quatrochi as chief marketing officer. In 2015, Quatrochi was honored as an SGB 40 Under 40 recipient when she worked as the VP of digital at The Finish Line, Inc. She also spent nearly ten years working at Nike.
Primary Arms Promotes Cumberland and Whatley to New Roles
The company promoted Özge Cumberland to chief business development officer and Aaron Whatley to VP of merchandising.
Canada Goose Appoints New CFO
Neil Bowden, Canada Goose deputy CFO, will move into the CFO role when current CFO Jonathan Sinclair moves to president, APAC region, both effective April 1, 2024.