Columbia Sportswear Cuts Full-Year Guidance On U.S. Weakness
Columbia Sportswear Co. reported second-quarter earnings and sales that topped Wall Street expectations, but lowered its outlook for the year as continued weakness in its U.S. offset strength overseas, including China. The company said it was undertaking expense reduction efforts to manage “near-term uncertainty.”
Thor Industries Shifts President Roles at Operating Units
Thor Industries, Inc. promoted key leaders for positions at several of its operating companies—Ryan Juday to president of KZ Recreational Vehicles and Kyle Kwasny as president of Heartland RV, effective August 1.
Iron Valley Supply Hires Account Manager
Iron Valley Supply hired Paul Noble as an account manager. He has a sales background in the electronics and automotive industries and spent the last decade working in bridge construction and inspections.
Ammo, Inc. CEO Issues Letter to Shareholders and Employees
Ammo, Inc.’s new CEO outlined three major areas of focus: alignment and commitment from management; expansion of the reach and positioning of GunBroker.com; and enhancing margins, operational prowess, and brand strength for our Ammo division.
Fiocchi Hires VP of Sales
Fiocchi, the ammunition maker, hired Chris Tinkle as VP of sales at Fiocchi USA.
Vista Outdoor Appoints CFO and General Counsel for Sporting Products Company
Vista Outdoor, Inc. named Andy Keegan as CFO of its Sporting Products segment. Jeff Ehrich becomes general counsel and corporate secretary of Sporting Products.
Winchester Ammo Sales Fall 17 Percent In Second Quarter
Olin Corp. reported sales at its Winchester ammunition business fell 16.7 percent in the second quarter, to $366.6 million from $439.9 million a year ago. The decrease was primarily due to lower commercial ammunition shipments partially offset by higher domestic and international military sales.
Outdoor Recreation Roundtable Appoints Senior Program Director
Outdoor Recreation Roundtable, the coalition of outdoor recreation trade associations that collectively represents the $862 billion outdoor recreation economy, hired Ambreen Tariq as senior program director.
Camping World Opens Its 200th RV Dealership After Breeden RV Acquisition
Camping World Holdings, Inc. opened its 200th RV dealership, located in Van Buren, AR, coinciding with the closing on the acquisition of Breeden RV.
EXEC: Brunswick Corp. Reports Lower Q2 Results Due in Part to IT Security Incident
On June 13, the company announced it was impacted by an IT security incident, which ultimately resulted in financial results that were lower than initial expectations.
Luth-AR Appoints National Sales Manager
Luth-AR, LLC announced that longtime firearms salesman Shane Cuperus received a promotion to a national sales leadership position, effective immediately. Cuperus joined the company in 2019 as a general manager.
Marine Products Corp. Sees Q2 EPS Surge on Strong Double-Digit Sales Gain
The increase in net sales was said to be due to an 11 percent increase in the number of boats sold during the quarter and a 10 percent increase in the average selling price per boat, as well as an increase in parts and accessories sales.
Big Agnes Closes On Purchase Of Steamboat Springs Headquarters
Firehouse Holdings, LLC, wholly owned by the Big Agnes Ownership Group, which has been leasing to Big Agnes its headquarters in downtown Steamboat Spring, CO, closed on the building’s purchase on June 30, 2023.
Retail and Vendor Business Groups Say Court Erred in China 301 Tariff Case
The NRF, AFAA, FDRA and other business groups urge The U.S. Court of Appeals to reverse judgment and vacate List 3 and List 4A China Section 301 tariffs.
Report: RV Shipments Down Nearly 50 Percent in First Half
The RVIA’s June 2023 survey of manufacturers found that total RV shipments ended the month with 24,095 units, a decrease of 46.4 percent compared to June 2022. Halfway through 2023, RV shipments are down 49.2 percent.
