Smith & Wesson’s Q2 Revenues Decline 47.5 Percent
Smith & Wesson Brands, Inc. reported a significant decline in earnings year-over-year in the second quarter ended October 31 as sales dropped 47.5 percent and gross margins decreased.
NICS Firearms Background Checks Slide 1.5 Percent In November
The November 2022 NSSF-adjusted National Instant Criminal Background Checks (NICS) fell 11.3 percent to 1.52 million compared to its November 2021 NSSF-adjusted figure of 1.54 million.
Feetures Announces CEO Transition
Feetures, the family-owned and operated sock manufacturer, announced that John Gaither, who has been the company’s COO, would succeed his father, Hugh Gaither, founder and CEO, effective January 1, 2023. Hugh Gaither will evolve his role as chairman of Feetures’ executive committee.
How To Win Over Customers On Black Friday And Cyber Monday
Discover why sporting goods retailers all over the world use Lightspeed to run and grow their businesses.
Katie O’Donohue Re-Joins SGB Media As Associate Publisher
SGB Media, LLC has announced that Katie O’Donohue has joined the company as Associate Publisher, effective immediately.
Apex Ammunition Names Marketing Specialist
Apex Ammunition hired Mike Tussey as a marketing specialist. Tussey is a veteran of the hunting industry and will be heavily involved in expanding Apex’s presence in Turkey and waterfowl initiatives.
Calcutta Outdoors Welcomes President And General Manager
Ed Small, CEO of Peak Global Holdings, announced that Chris Carlisle was hired as president and general manager of Calcutta Outdoors.
Yue Yuen Sees Manufacturing Offsetting Retail Weakness In YTD Report
Yue Yuen Industrial (Holdings) Inc. reported revenue of US$6.972 billion in the nine months ended September 30, 2022, representing an increase of 8.2 percent compared to revenue of US$6.441 billion in the prior-year YTD period.
Wolverine World Wide Re-Aligns Brand Structure, Leadership
Wolverine World Wide, Inc. is reorganizing its brand group structure into the Active, Work, and Lifestyle Groups and appointed new leadership for each group.
Ammo Manufacturer Sees Exit Of Board Member
Scott Ferguson, managing partner of Sachem Head Capital Management, has resigned from the Olin Corporation Board of Directors.
Yakima’s Global Organization Structure To Accelerate Growth, Increase Collaboration
Yakima announced, effective immediately, that Ryan Martin, CEO of the Americas Region, had increased responsibilities to drive strategic direction and growth in Australasia (Australia, New Zealand, Pacific Islands) and EMEA (Europe, Middle East, Africa).
Compass Diversified Sees Q3 Adjusted Earnings, Pro Forma Sales Up 15 Percent
Compass Diversified, the parent company to a number of active lifestyle brands, including BOA, 5.11, Primaloft and Velocity Outdoor, among others, posted $597.6 million in net sales in the third quarter, up 22 percent compared to $488.2 million in the third quarter of 2021.
Patagonia’s Next Chapter
Patagonia announced new ownership today, nearly 50 years since Yvon Chouinard founded the business. Effective immediately, the Chouinard family has transferred ownership to two new entities—Patagonia Purpose Trust and the Holdfast Collective, with every dollar that is “not reinvested back into Patagonia be distributed as dividends to protect the planet.”
Big Rock Sports Announces President
Big Rock Sports, LLC and parent company Peak Global Holdings, hired David McCartney as president of Big Rock Sports.
Outdoor Prolink Announces New Hires And Promotions
Outdoor Prolink New Hires And Promotions include Melissa Hess, Andrew Brookens, Kelly Knauf, and Jessica Villaire,