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Smith & Wesson Completes Spin-Off Of American Outdoor Brand

Smith & Wesson Brands Inc. announced that it has completed the previously announced spin-off of its outdoor products and accessories business. Smith & Wesson Brands, Inc. will continue to trade on NASDAQ under the ticker symbol “SWBI.” The spin-off company, American Outdoor Brands, Inc., will begin trading Tuesday  on NASDAQ under the symbol “AOUT.”

FIS Cancels 2020/21 North American Ski Races

The International Ski Federation (FIS) has announced that the entirety of the 2020/21 men’s and women’s Alpine World Cup season will remain in Europe rather than moving to the U.S. and Canada, as usual, due to the impact of COVID-19.

Survey Finds Americans Embracing Hybrid Home/Club Workouts

A survey from The Beachbody Company finds that though 15 percent of U.S. adults who exercise regularly said they will never feel comfortable working out in a gym, more than half (61 percent) said they will eventually feel comfortable heading back, while 23 percent are comfortable resuming their gym workouts. At the same time, a majority (90 percent) described their at-home fitness routines as effective.

Amer Sports Q2 Revenues Sink 36 Percent

Amer Sports’ revenues fell 36 percent in the second quarter, driving a 22 percent decline in the first half of the year, according to debt reviews from Moody’s and S&P. Bot rating agencies affirmed Amer has adequate liquidity to operate through the year and each assigned a low investment-grade rating of B3 and B- on Amer’s new €100 million facility.

Congress Passes The Great American Outdoors Act

The U.S. House on Wednesday passed the Great American Outdoors Act by a vote of 310 to 107, guaranteeing for the first time money for land acquisition and preservation. The bill now heads to President Donald Trump, who is expected to sign it.

Great American Outdoors Act Marks Sweeping Victory For Conservation

The passage of the Great American Outdoors Act was praised by a wide array of outdoor advocates across the hunt, camp, hike, and fish spaces. The bill, expected to be quickly signed into law by President Donald Trump, promises to address scores of long-neglected maintenance projects at Yellowstone, the Grand Canyon and hundreds of other national parks across the country.