Colt CZ’s Sales Decline 15 Percent In First Quarter
Colt CZ Group reported operating earnings on adjusted basis fell in the first quarter ended March 31 as sales were down 15.2 percent.
KOA: Air Travel Issues Lead Leisure Travelers To Find Alternatives In 2023
The Kampgrounds of America, Inc. Monthly Research Report, May 2023 Edition, points to continued issues with air travel causing leisure travelers, and especially campers, to seek alternative modes of travel in 2023.
NMMA: Recreational Boating’s Economic Impact Soars To $230 Billion
NMMA released new data that found that the annual economic impact of recreational boating increased 36 percent, from $170 billion in 2018 to $230 billion in 2023.
RVIA: 44 Million Americans Plan To Go RVing This Summer
The RV Industry Association reported in a recent survey of America’s leisure travelers that 44 million consumers plan to RV this summer, including 12 million who said they plan to RV this Memorial Day weekend.
Dick’s SG Posts 5.3 Percent Comp Sales Growth In Q1; EPS Up 38 Percent
Dick’s Sporting Goods reported net sales for the fiscal first quarter rose 5.3 percent to $2.84 billion from $2.70 billion in the prior-year Q1 period. Comparable store sales grew 3.4 percent
Walmart Opens First Market Fulfillment Center In Arkansas Store
Walmart opened its first high-tech Market Fulfillment Center (MFC) in Arkansas at Store 100 in Bentonville, underlining the retailer’s strategic move to expand using its stores as fulfillment centers to enhance the shopping experience.
Traeger, Inc. Hires EVP Of Engineering
Traeger, Inc. has hired Brendan Welch as EVP of engineering leading product development and technical execution for Traeger.
Outtech Sales Services Adds Scissortail Firearms To Sales Portfolio
Outtech Sales Services, LLC reported partnering with Scissortail Firearms, the exclusive U.S. importer of one of the oldest firearms manufacturers in the world, Sarsilmaz (SAR.)
KOA Names Two To Top Leadership Positions
Kampgrounds of America, Inc. (KOA) has named Jill Currier as SVP of operations for the owned properties of KOA and Bill Gottwals as SVP of franchise operations.
LL Bean’s New HQ Grand Opening Set For June 15
L.L.Bean will celebrate the completion of its new 390,000-square-foot corporate headquarters in Freeport, ME on June 15, marking the close to an eight-year, $110 million campus redevelopment in the company’s longtime hometown.
Walmart Rides Strong Q1 Comp Sales Growth To 13 Percent Adjusted EPS Gain
Walmart, Inc. reported first-quarter consolidated revenue of $152.3 billion, up 7.6 percent, or 7.7 percent in constant-currency. Walmart U.S. posted 7.4 percent comp store sales growth. Adjusted EPS was up 13 percent to $1.47 a share.
Report: April U.S. Discretionary General Merchandise Retail Sales Fell 7 Percent
Discretionary U.S. general merchandise retail sales revenue fell 7 percent in April 2023 year-over-year and unit sales fell 8 percent according to Circana, formerly IRI and The NPD Group.
Iron Valley Supply Names New Account Manager
Iron Valley Supply hired Will Morris as an account manager based out of the company’s Downingtown, PA office.
Big Agnes Grows Sales Team In The Northeast
Big Agnes hired Round Pond Sales Group led by Kyle Rohne and Ian Wauchope to represent Big Agnes in the Northeast, better positioning the brand to meet the needs of customers in the region.
Orvis Appoints Chief Product Officer
Orvis announced that Carla Feely had been named chief product officer with executive oversite for all product-related functions.