Ammo’s Q1 Sales Expand 37 Percent
Ammo Inc., the owner of GunBroker.com, continued to show strong momentum in both its ammunition and marketplace divisions in the first quarter of Fiscal 2023, as revenue increased 37 percent from the first quarter of Fiscal 2022.
Trek Bicycle Appoints VP Of Ascend
Trek Bicycle, based in Waterloo, WI, announced that longtime executive Roger Gierhart will take the helm as vice president of Ascend, the retail management system that Trek sells to independent retailers.
Kohl’s Names Chief Marketing Officer
Kohl’s announced that Christie Raymond was promoted to chief marketing officer, reporting to CEO Michelle Gass.
Ammo Announces Plan To Separate Ammunition And Marketplace Businesses
Ammo Inc. announces that its Board of Directors has unanimously approved a plan to separate its ammunition and marketplace businesses into two independent publicly-traded companies.
Outdoor Prolink Announces New Hires And Promotions
Outdoor Prolink New Hires And Promotions include Melissa Hess, Andrew Brookens, Kelly Knauf, and Jessica Villaire,
Occupancy Levels At Western Mountain Destinations Continue To Decline
Once again, occupancy totals for Summer 2022 across mountain destinations in western states continued to drift down from last year’s boom in pent-up demand travel and compared to the pre-pandemic record of 2019, according to the most recent Monthly Market Briefing released by DestiMetrics.
SportChek Same-Store Sales Expand 4.1 Percent in Second Quarter
SportChek’s retail sales increased 0.6 percent in the second quarter, with comparable sales up 4.1 percent over the same period last year, according to its parent, Canadian Tire Corporation, Ltd.
Natural Fiber Welding Names New CFO
Natural Fiber Welding (NFW), the manufacturer of clean technology to increase the performance of plant-based textiles for the circular economy supporting the footwear industry, recently hired Rob Salter as CFO.
iRayUSA Hires Sales Representation
iRayUSA, the Texas-based designer of thermal night vision devices, hired Tim Bailey & Associates and Chilton Military Marketing as sales representatives for the brand.
Solo Brands Posts Q2 Loss On Impairment Charge
Solo Brands reported a loss in the second quarter after taking a $27.9 million impairment charge related to goodwill for the Isle Paddleboards business. Sales jumped 53 percent in the period. The parent of Solo Stove reduced its guidance for the year due to macroeconomic challenges.
Stio To Expand At Retail With East Coast Mountain Studio Location
Stio announced it will open its latest East Coast Mountain Studio in Boston, with an expected opening date later this fall.
Canada Goose’s Q1 Tops Guidance
Canada Goose Holdings Inc. reported a wider loss in the first quarter ended July 3 due to the timing of marketing expenses while sales grew 24 percent on improving store productivity. Both the loss and sales topped guidance. Canada Goose maintained its guidance for the year.
Altamont Capital Partners Exits Investment In Fox Racing
After eight years of partnership with Fox Racing, Altamont Capital Partners has exited its investment with a sale of the company to Vista Outdoor.
Vista Outdoor Adds Two Board Members
Vista Outdoor, Inc. elected two independent members, Gerard Gibbons and Bruce Grooms, to its Board of Directors during the company’s Annual Meeting of Stockholders on July 26, 2022.
Wolverine Worldwide Lowers Outlook Despite Second Quarter EPS Beat
Wolverine World Wide Inc. reported second-quarter earnings topped Wall Street estimates in the second quarter ended July 2, but sales fell short due to supply chain disruption. Guidance for the year was reduced due to expectations of higher promotional activity amid elevated inventories in the back half of the marketplace.
