SGB Outdoor

Big 5 Q2 Dragged Down By Weakness In Firearms, Camping And Water Sports

Shares of Big 5 Sporting Goods were down 85 cents, or 7.8 percent, to $10.10 on Wednesday after the sporting goods retailer posted second-quarter revenues that fell short of expectations due to weakness in firearms, camping and water sports. Third-quarter earnings are also expected to decline with comps off in the low single digits.

Big 5’s Q2 Sales Miss Targets

Big 5 Sporting Goods reported earnings in its second quarter rose 33.3 percent on improving gross margins and a 0.8 percent gain in same-store sales. But sales were lower than expected due to weakness in certain outdoor product categories related to firearms, camping and water sports.

Hydro Flask Names Parks For All Grant Recipients

On July 26, Hydro Flask fulfilled $160,000 in grant requests from the National Park Foundation, The Trust for Public Land, California State Parks Foundation, the New York City-based City Parks Foundation and Nā Kama Kai, serving communities in Hawaii.

Alp-n-Rock Adds Mid-Atlantic and Southeast Reps

Alp-n-Rock, LLC, a socially conscious manufacturer of European-inspired apparel, announced Allison Bangel Quinto as its new sales representative for the Mid-Atlantic and Southeast regions effective immediately.