Sportsman’s Warehouse Holdings Inc. reported fourth-quarter earnings on an adjusted basis slid 20 percent and missed guidance due to “an elevated promotional backdrop and a tax-reform driven investment in our associates.” Same-store sales sunk 4.5 percent, in line with guidance.
Author: SGB Media
Keen Hires Tim Bartels To Lead Outdoor, Lifestyle And Kids Categories
Keen Inc., a family-owned outdoor and lifestyle footwear brand, has hired Tim Bartels as vice president of sales for the Outdoor, Lifestyle and Kids (OLK) categories. Bartels worked for Keen as VP of sales from 2006-2008.
Interbike Partners With Pro Cyclist Peter Stetina’s Sierra Prospect Event
Interbike, the largest bicycle industry trade show in North America, announced that the Stetina’s Sierra Prospect (SSP) road rally-style Gran Fondo will take place during the Northstar Free-Ride Festival, powered by Interbike, from September 14 to 16, 2018.
Old Town Canoe & Kayak Joins Live Outside And Play Tour
Old Town, the maker of watercraft products, announced that it will join the 2018 Live Outside and Play Tour; a seven-month excursion to the country’s top outdoor hot spots led by the Blue Ridge Outdoors and Elevation Outdoors Road Team.
Loot Crate Expands Sports Crate MLB Crate Line
Sports Crate was the first line of subscription products made exclusively for baseball fans, and this expansion allows more fans to be a part of the Exclusive Licensed Subscription Box of Major League Baseball.
HanesBrands Makes Significant Strides Toward 2020 Environmental Goals
HanesBrands, the parent of Champion, Hanes and Gear for Sports, reported significant achievements in water use, carbon dioxide emissions, energy use, renewable energy use and landfill diversion; on track to meet 2020 benchmarks
Accell Acquires Beeline Bikes
Accell North America (ANA) announced the acquisition of Beeline Bikes, the mobile channel expansion solution that delivers a turn-key sales, service and data acquisition solution tailored for Independent Bicycle Dealers (IBDs).
Shoe Carnival’s Q4 Benefits From Fewer Promotions, Women’s Leads Athletics
Shoe Carnival Inc. reported fourth-quarter earnings arrived at the top end of guidance due to a focus on lower promotions, but the move led to a dip in same-store sales. Adult Athletic comps were up low-single digits as strength in women’s athletic offset weakness in men’s basketball.
Chamois Butt’r Announces Key Sponsorships And Athletes for 2018
Chamois Butt’r announces its support and sponsorship of numerous pro cycling teams and world-class athletes for the 2018 season.
OBIT: Spy’s Seth Hamot
Former Spy CEO Seth Hamot passed away March 22 after an 18-month battle with lymphoma. Hamot was chairman of Spy’s board of directors and served as CEO from 2015 until late 2017
Baseball Is Back!
The 2018 Season Starts Tomorrow. On the eve of Opening Day, here’s a review of offseason events that you may have missed.
Hibbett Sports Hosts AHA Fundraising Campaign in Stores and Online
Retailer Hibbett Sports will host an American Heart Association (AHA) fundraising campaign in 1,000-plus Hibbett Sports stores nationwide and online throughout the month of April.
Camping World To Acquire Dixie RV Superstore
Camping World Holdings Inc. announced that an agreement has been signed to acquire Dixie RV Superstore located in Newport News, VA.
Newell Brands Sends Letter To Starboard
Newell Brands Inc. delivered a letter to Starboard Value and Opportunity Master Fund Ltd. from its board of directors addressing many of the activist hedge fund’s concerns.
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