SGB Outdoor

Boot Barn Slightly Lowers FY Guidance As Q3 Profits Fall

Boot Barn Holdings, Inc. slightly lowered its earnings guidance for its fiscal year ended March 31 while reporting third-quarter profits declined  23.7 percent on a 3.6 percent same-store sales decline. Third-quarter results were in line with a pre-announcement provided in early January.

ICSC: 2022 Holiday Sales Miss Forecasts On Promotional Pressures

The ICSC (International Council Of Shopping Centers) found holiday sales jumped 5.2 percent year over year, falling short of its forecast. ICSC’s survey found 43 percent of U.S. consumers indicating that low prices or good promotions were key motivating factors in where they shopped, significantly ahead of 33 percent in 2021.

SHOT Show Attendance Back To Pre-Covid Levels

The 45th SHOT Show was held last week with more events and exhibit space than ever before. Strong attendance, enthusiastic buyers and sellers, and a series of packed special events that collectively made up “SHOT Week” resulted in one of the top-rated SHOT Shows to date.

Sakar International Recalls Helmets

About 33,100 helmets manufactured by Sakar International and sold under the Credhedz Lizard Helmets, Crayola Dry Erase Helmets and Tony Hawk labels are being recalled.