Dick’s SG Joins Top 50 Most Patriotic Brands for First Time; New Balance Falls in Rankings
EXEC: Academy’s Chief Merchant Talks Jordan Launch, Nike Brand Success, Tariff Disruption
EXEC: Trump Announces U.S. and China Have Reached Trade Deal With 55 percent Tariff
EXEC: Academy CEO Sees Promising Returns from Improved Nike Allocations, Jordan Launch
EXEC: Sportsman’s Warehouse Execs Lay Out Turnaround Wins; Reiterate Guidance
SGB Update
May Retail Sales Grow 3.0 Percent Year-Over-Year; SG Sector Grows 1.8 Percent
Total sales for the March 2025 through May 2025 period were up 4.5 percent (±0.4 percent) y/y. The March 2025 to April 2025 percent change was revised from up 0.1 percent (±0.5 percent) to down 0.1 percent (±0.2 percent).
Amazon Extends Prime Day to Four Days
Amazon’s annual Prime Day sales event is scheduled for July 8-11, expanding to four days from two days compared to last year. The first Prime Day event began in 2015 with the goal of increasing Prime membership.
Solo Brands Restructures Debt, Removes “Interim” from John Larson’s CEO Title
The parent of the Solo Stove, Chubbies, Isle and Oru brands reallocated and restructured its debt under a JPMorgan Chase Bank Credit Agreement to provide a revolving credit facility; a new term loan facility; and the pay-down of revolving loans and existing term loans outstanding as of June 13, 2025.
Faxon Firearms Rounds Out National Sales Coverage with Donaldson & Associates
Donaldson & Associates will serve dealers and distributors in Minnesota, Wisconsin, the Dakotas, and the MINK states, joining six other agencies to provide national U.S. coverage for Faxon Firearms for the first time since its founding.
Sturm, Ruger to Absorb Restructuring Costs to Clear Inventories, Realign Organization
In an internal memo marking his 100th day as Sturm, Ruger & Co.’s CEO, Todd Seyfert said he expects the firearms maker to incur $15 million to $20 million in expenses over the remainder of the year to clear obsolete inventories, reset its leadership structure and cover severance as part of an organizational realignment.
SGB Executive
EXEC: Academy’s Chief Merchant Talks Jordan Launch, Nike Brand Success, Tariff Disruption
Following the retailer’s first-quarter results report, Academy’s EVP and Chief Merchant Matt McCabe added more highlights from the business, including the promise to introduce the Jordan brand, a strong response to expanding Nike product and market share gains among higher-income households.
EXEC: Trump Announces U.S. and China Have Reached Trade Deal With 55 percent Tariff
President Donald Trump declared the trade war with China “done” Wednesday, while Commerce Secretary Howard Lutnick said tariffs on Chinese goods will be locked in at the current 55 percent rate without additional increases.
EXEC: Trump Tariffs Having Little Impact on Retail Footwear Prices
The May Consumer Price Index (CPI) came in cooler than expected, defying fears that the impact of President Trump’s tariffs would start to show a rise in prices. A separate analysis by the FDRA indicates that footwear prices in May likewise declined year-over-year.
EXEC: Academy CEO Sees Promising Returns from Improved Nike Allocations, Jordan Launch
First-quarter results missed analyst estimates and the retailer widened its full-year guidance due to potential inflationary pressures arriving this year. Management also shared many positive developments, including a healthy response to Nike product expansion and Jordan brand launch.
EXEC: Sportsman’s Warehouse Execs Lay Out Turnaround Wins; Reiterate Guidance
Comp sales grew for the first time in nearly four years as the company focused on replenishing in-store stock, which boosted sales in the Hunting, Fishing and Shooting Sports categories. Ammunition was up 3 percent and Fishing was up 11 percent.
