The National Shooting Sports Foundation (NSSF) announces that U.S. Sportsmen's Alliance (USSA) has signed on as a Silver Sponsor of NSSF's 2015 Industry Summit…
Category: Outdoor
Remington Issues Correction of CNBC Reporting
On December 6, 2014 the Remington Arms Company issued a release stating that CNBC reported inaccuracies regarding the recent settlement involve the trigger mechanism on certain rifles…
SAF Launches Media Campaign Against Obama
The Second Amendment Foundation (SAF) has launched a national media campaign and petition effort to head off a possible executive order by President Barack Obama to implement the United Nations small arms treaty…
Costa Appoints VP of Product Development
Costa Sunglasses announced the addition of John Sanchez as vice president of product development. Sanchez most recently held the position as president of Zeal Optics…
Freedom Group Logs Q3 Loss
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier. Sales slid 27.1 percent to $253.6 million from $347.1 million a year ago, according to a filing
NRF: Retailers Add 37,000 Jobs in November
The National Retail Federation (NRF recently released a statement that says that retail industry employment increased by 37,000 jobs in November…
Outdoor Photo Exhibit Available for Trade Shows
Winning photographs from the 2014 Excellence in Craft Contests awarded by the Outdoor Writers Association of America (OWAA) are available for display throughout the spring. Contact OWAA now to reserve your dates for hosting this exhibit…
Sportsman’s Warehouse Says Manufacturers’ Price Cuts Helped Maintain Firearms Margins in Q3
Mid-teens growth at its Camping and Fishing departments, sales from new stores and price cuts by gun manufacturers helped Utah-based Sportsman's Warehouse Holdings Inc. increase its gross margins and beat its earnings guidance in the third quarter en
Genesco Announces CFO Succession Plans
Genesco Inc. announced that James S. Gulmi, senior vice president and chief financial officer, has made the decision to retire from the role of chief financial officer at the end of its current fiscal year…
Genesco Cuts FY Guidance Due to Weakness at Lids
Genesco Inc. said lower than planned sales and gross margin pressures at Lids in the third quarter and expected continued margin pressure at the segment in the fourth quarter would cause it to lower its guidance for the full year. Earnings from continuing
Remington Parent Logs Q3 Loss
Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier, according to a filing with the Securities & Exchange Commission. Sales slid 27.1 percent to $25
Sportsman’s Warehouse Refinances $235M in Senior Secured Debt
Sportsman's Warehouse Holdings, Inc. completed the refinancing of its existing $235 million senior secured term loans at a lower interest rate and has increased the borrowing capacity under the terms of its revolving credit facility. These moves refl
Smith and Wesson’s Earnings Slide
Smith & Wesson reported earnings slid 70.3 percent in the second quarter, to $5.05 million, or 9 cents a share. Revenues slumped 22.1 percent. Sales of long guns, primarily modern sporting rifles, declined 50.3 percent while handgun sales declined 15.0 p
Brownells’ Larry Weeks to Retire
After 36 years with Brownells, public relations manager Larry Weeks has announced his plans to retire at the end of 2014…
NSSF NICS Update
The National Shooting Sports Foundation (NSSF) reports that he November 2014 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1,329,688 is the highest November on record for the 16-year-old system, with an increase of 1.7 p
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