SGB Executive Sportsmans

EXEC: Academy’s CFO Sees Positive Start to Q1 Comps, but Q2 May Be Challenging
Shares of Academy Sports and Outdoors, Inc. fell about 12 percent on Tuesday, March 17, after the sporting goods chain reported Q4 results that trailed analyst targets and FY26 guidance landed at the low end of targets.

EXEC: The Trump Tariff Refund Process Just Got a Lot More Complex
This past week, a Midwest consumer filed suit in the Federal Court for the Northern District of Illinois against Costco Wholesale Corporation to recoup the money he paid in higher prices said to be due to the IEEPA tariffs and proposed nationwide class-action status for his suit. Beware the angry consumer.

EXEC: Colt CZ to Seek Approval for Dual Listing of Shares, Adding Euronext Amsterdam
Since listing on the Prime Market on the Prague Stock Exchange in 2020, the company said it has delivered a revenue CAGR (compound annual growth rate) of 34.6 percent, driven by a combination of organic growth and successful acquisitions.

EXEC: Rapala VMC Sees North America Growth Outpace All Other Regions in 2025
The company said the operating environment remained unpredictable and varied significantly across regions in 2025. The North American market reportedly proved resilient despite tariff-related disruptions, with consumer spending and retail activity holding up throughout the year despite related price increases.

EXEC: What’s Inside the $1.3 Trillion Number for the Outdoor Recreation Economy?
Numbers from the U.S. Commerce Department indicate that the Real GDP of the outdoor recreation economy in 2024 grew at roughly HALF the rate year-over-year than it did in 2023 — and that sounds more like what the outdoor retail industry has been feeling, at least directionally.

EXEC: Coats Group Execs Outline Product and Financial Upside from Ortholite Deal
The acquisition of OrthoLite has accelerated the company’s strategy to create a “leading Tier 2 supplier in footwear components by adding an exciting, high-growth and high-margin business to the Coats Group portfolio.” The CEO said, “OrthoLite brings with it compelling revenue and cost synergy opportunities.”

EXEC: Zeiss Optics to Spin Off Hunting & Nature Business as Independent Company
The German-based maker of optics and optoelectronics, and Palero, a German investment company, signed an agreement to spin off the the Hunting & Nature business into a new, independent company with Palero as the sole owner.

EXEC: Wolverine Brand Expects to See Transition Year, Flat Sales in 2026
Work Group revenue is expected to be approximately flat year-over-year in 2026. Wolverine brand revenue is also expected to be approximately flat year-over-year in 2026, with performance anticipated to improve in the second half of the year.

EXEC: Top Australian Outdoor and Sports Retail Group Sees Solid Start to Fiscal Year
Rebel reportedly delivered credible growth given variable consumer demand, elevated competitor activity and inventory availability challenges during the period, while outdoor retailer BCF sales were in line with a record prior year level and outdoor retailer Macpac was said to be a standout performer in the half, with strong comp store sales growth.

EXEC: Beretta Holding Nominates Four Directors To Ruger Board in Threatened Proxy Fight
Beretta Holding S.A., the largest shareholder of Sturm, Ruger & Company with a 9.95 percent stake, announced it has nominated four independent director candidates for election to Ruger’s board at its 2026 annual meeting.

EXEC: Wolverine Worldwide Hurt by Q4 Work Group Decline as Active Group Posts DD Gains
Saucony brand sales jumped 26.4 percent in the fourth quarter, and Merrell brand sales increased 5.9 percent year-over-year. Wolverine brand sales declined 10.5 percent year-over-year in Q4.

EXEC: Rocky Brands CEO Talks Brand Trends Across Company Portfolio
The parent of the Rocky, Georgia Boot, Durango, Lehigh, The Original Muck Boot Company, Xtratuf, and Ranger brands got a particularly strong performance from the Xtratuf brand online for the holiday quarter. Total Retail sales surged 31 percent while Wholesale and Contract Manufacturing weakened.

EXEC: Tisas Arms Begins U.S. Operations in Georgia
Firearms manufacturer Tisas has established a new U.S. division in Buford, GA, following 20 years of importer partnerships. To expedite the development and to minimize disruptions to the supply chain, Tisas’ veteran Tim Mulverhill was promoted to VP of Operations.

EXEC: FDRA’s Matt Priest Talks SCOTUS Tariff Ruling Fallout
Matt Priest, president and CEO the Footwear Distributors and Retailers of America (FDRA), talked with SGB Executive on Friday, February 20, following the U.S. Supreme Court’s decision ruling that struck down most of President Trump’s global tariffs under the International Emergency Economic Powers Act, including the likely benefits for the footwear industry, the path to refund payouts and where prices could be heading.

EXEC: The Supreme Court Kills Trump’s IEEPA Tariff Effort but Uncertainty Still Reigns
Uncertainty and confusion will reign “supreme” as many expect that President Trump will not take the Supreme Court ruling sitting down. He is already working on other pathways to achieve his economic goals for the U.S., one that calls for tariffs to replace income taxes over the long term.








