The May 2022 NSSF-adjusted National Instant Criminal Background Check System (NICS) slipped 11.3 percent to 1.17 million compared to the May 2021 NSSF-adjusted NICS figure of 1.32 million.
Category: Outdoor
Lululemon Hikes Outlook As Q1 Tops Guidance
Lululemon Athletica Inc. raised its earnings and sales guidance for the year after reporting first-quarter results that surpassed its expectations. Sales were up 32 percent in the first quarter with same-store sales ahead 24 percent.
Rossignol Group To Open Canadian Headquarters
Rossignol Group will relocate its Canadian-based headquarters from Montreal to Bromont, QC next month.
Rocky Mountain Bicycles Appoints CEO
Rocky Mountain Bicycles, based in Saint-Georges, Quebec, has appointed Katy Bond as CEO. Company owner Raymond Dutil becomes executive chairman and coach of innovation.
NRF Says Economy ‘Being Rebalanced’ But ‘Extreme Cooling Off’ Seems Unlikely
The Federal Reserve faces “a tricky job” in addressing inflation but continuing growth in employment, wages and consumer spending make it unlikely the effort will backfire into a major setback for the economy, National Retail Federation Chief Economist Jack Kleinhenz said.
St. Croix Rod Grows Product Team
St. Croix Rod hired Robert Woods as product manager. He spent the past eight years at Wells Vehicle Electronics in Fond du Lac.
Novoloop Extends Series A Round To $21M
Advanced upcycling startup Novoloop expanded its Series A to $21 million through an oversubscribed extension led by Mistletoe Singapore and Hanwha Solutions. This nearly doubles the company’s raise of $11 million announced in February.
Signa Sports’ Q2 Sales Climb 48 Percent
Berlin-based Signa Sports United reported net revenue grew 48 percent in the fiscal second quarter ended March 31 to €269 million. The gains reflect the full contribution from the acquisitions of WiggleCRC and Tennis Express.
Duluth Holdings Q1 Profits Boosted By Margin Gains
Duluth Holdings, Inc. reported earnings before non-recurring items more than doubled in the fiscal first quarter ended May 1 as strong improvements in gross margins offset a slight decline in sales. The parent of Duluth Trading reaffirmed its guidance for the year.
NSGA Adds New Board Members
The National Sporting Goods Association (NSGA) made two changes to its Board of Directors with the appointments of Troy M. Freeman of Winmark Corporation/Play It Again Sports and John Scipio of SV Sports. Their three-year terms took effect on June 1.
Liberty Ammunition Secures Western Rep Coverage
Liberty Ammunition is teaming up with Maschmedt & Associates.
Industrial Revolution Expands Sales Team
Industrial Revolution has expended its sales team with the addition of the Virginia-based Taku Agency.
Polygiene Appoints COO
Polygiene Group appointed Frank Stevens as chief operating officer for the company. His most recent position was as general manager of Textiles for Sciessent, LLC in the United States, where he worked for more than ten years.
West Marine Appoints Chief Commercial Officer
West Marine, Inc. appointed Stacey Renfro as chief commercial officer. She joins the company’s senior leadership team reporting to Eric Kufel, CEO.
Wolverine World Wide’s Debt Rating Outlook Revised To Negative
S&P Global Ratings revised its outlook on Wolverine World Wide, Inc. to negative from stable due to an expected increase in leverage due to environmental legal settlement charges and share repurchases. S&P at the same time affirmed all of its ratings, including its ‘BB’ issuer-credit rating.
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