Author: SGB Executive

Big 5 Caps Off Record Year With Double-Digit Q4 Comps

Big 5 Caps Off Record Year With Double-Digit Q4 Comps

At the 23rd Annual ICR Conference, Steven Miller, Big 5's chairman, president and CEO, provided a rare deep dive into the sporting goods chain on the same day it reported a record year as a wide range of outdoor sports and fitness activities have been embraced during the pandemic. Miller said, "Items were selling out as fast as we could unload the truck." (Read More)

Dick’s SG’s Incoming CEO Discusses Pandemic Recovery At CES

Dick’s SG’s Incoming CEO Discusses Pandemic Recovery At CES

At a session held during CES's first virtual trade show, Lauren Hobart, the president of Dick's Sporting Goods, (to become President and CEO effective February 1, 2021), discussed her team's herculean efforts to establish curbside pickup early in the pandemic and how the role of the store has changed. She said, "We went back in March thinking that survival was at risk." (Read More)

Inside The Call: Hydro Flask Growth Impacted By Soft Back-To-School Season

Inside The Call: Hydro Flask Growth Impacted By Soft Back-To-School Season

Helen of Troy said sales of Hydro Flask were "challenged" by a soft back-to-school selling season in the third quarter ended November 30 as most U.S. students were learning remotely outside the classroom. Julien Mininberg, Helen of Troy’s CEO, however, on an investor call highlighted a number of growth drivers for Hydro Flask in the years ahead. (Read More)

Active Lifestyle Stocks Post Solid 2020 Recovery

Active Lifestyle Stocks Post Solid 2020 Recovery

The broader stock market tumbled early in 2020 as COVID-19 emerged but saw a faster-than-expected recovery in the back half of the year that carried many stocks in the active lifestyle space to greater heights. Triple-digit share gains in 2020 were scored by Peloton, Vista Outdoor, Smith & Wesson, Big 5 Sporting Goods, Sportsman’s Warehouse, and Escalade. (Read More)

Bass Pro Explores Going Small With Sportsman’s Warehouse Buy

Bass Pro Explores Going Small With Sportsman’s Warehouse Buy

A little over three years after completing its mega-acquisition of Cabela's, Bass Pro is looking to shake up the Hunt & Fish channel again with its agreement to acquire the smaller Sportsman's Warehouse chain. The acquisition could provide Bass Pro with a prime opportunity to capitalize on unprecedented demand for the Hunt & Fish categories coming out of the pandemic. (Read More)

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