SGB Sportsmans

Pradco Outdoor Brands Acquires Gene Larew Lures

Pradco Outdoor Brands, a leader in fishing and hunting products, announced that it has acquired Gene Larew Lures, a Tulsa, OK company that manufactures and sells fishing lures under its Gene Larew, Bobby Garland and Crappie Pro brands.

S&P Lowers Outlook On Bass Pro On Weaker First-Half Results

Standard & Poor’s Corp. revised its outlook on the debt ratings of Bass Pro Group to stable from positive following Bass Pro’s release of second-quarter and first-half results that were below its expectations. The rating agency affirmed all ratings, including the ‘B+’ issuer credit rating.

Tender Corp. Acquires Counter Assault

Tender Corporation announced the acquisition of Bushwacker Backpack & Supply, maker of the popular Counter Assault brand of personal-defense products, including the leading bear spray and tools for law enforcement and self-defense.

Vista Outdoor Announces Sale Of Savage Arms

Vista Outdoor Inc. announced that it has completed the sale of its Savage Arms and Stevens firearms brands to a financial buyer for $170 million. The company’s transformation includes divesting both its eyewear brands and firearms brands in order to focus on categories where the company believes it can be market leaders.

American Outdoor Brands Still Seeing Firearms Softness

American Outdoor Brands wrapped up a challenging year with a fourth quarter that came out well ahead of guidance. But James Debney, president and CEO, said the beat was largely driven by promotions and he still sees flat demand for firearms despite May’s uptick in firearms background checks.

Moody’s Confirms Camping World’s Debt Ratings, Outlook Negative

Moody’s Investors Service confirmed all ratings of Camping World, including the B1 Corporate Family rating, and assigned a negative outlook. Moody’s said, “”At present, both leverage and interest coverage are outside of Moody’s downgrade triggers, with sequential improvement beginning in Q2 necessary so that tangible progress towards levels more appropriate for the rating are achieved.”