SGB Sportsmans

ORR Makes Final Push For Senate To Pass The Great American Outdoors Act

Over 100 outdoor businesses, from Fortune 500 companies to mom and pop shops, including specialty retailers, apparel, gear and vehicle manufacturers, outfitters and guides, campground and marina operators, and more sent a letter to Senate leadership urging swift passage of the Great American Outdoors Act.

Tim O’Connor Joins 1791 Gunleather As Marketing Director

1791 Gunleather has tapped Tim O’Connor as Director of Marketing. O’Connor joins the 1791 Gunleather team with over 25 years of sales and marketing experience in the hunting and shooting industry. In his new role, he will oversee all marketing activities for 1791 Gunleather.

Gearlab Adds Canadian Sales Rep

Gearlab Outdoors has added new sales representation in Canada, expanding their global footprint in the paddle and watersports markets. Stepping into the Canadian sales role is Michael Gilbert who is the founder of B.C. Kayak Centre and life-long kayaking instructor and enthusiast.

Sportsman’s Warehouse Q1 Revenues Soar 41.8 Percent

Sportsman’s Warehouse Holdings Inc.’s revenues jumped 41.8 percent in the first quarter due to surging demand for firearms and ammunition. Said Jon Barker, CEO, in a statement, “We introduced many new customers to the Sportsman’s Warehouse brand during the first quarter and we believe this bodes well for our long-term growth.”

Camping World’s CFO Resigns

Camping World Holdings Inc. announced the promotion of five executives within the company including the promotion of Karin Bell to the position of CFO succeeding Melvin Flanigan who is resigning from the company for personal reasons.

Firearms Background Checks Surge Again In May

The FBI completed 1.6 million gun background checks on an NSSF-adjusted basis in May, a hike of 75.2 percent compared to the May 2019 NSSF-adjusted NICS figure of 910,910. The rate builds on gains of 69.1 percent in April and 41 percent in March.

Commerce Secretary Ross Moves To Help South Atlantic Reef Fish Species

U.S. Secretary of Commerce Wilbur Ross recently met with recreational fishing and boating industry leaders in Fort Pierce, FL to discuss marine recreational fishing access and the importance of marine recreation to the U.S. economy. His office is finalizing the rule requiring descending devices onboard vessels targeting snapper and grouper in the South Atlantic.

Pure Fishing’s Debt Ratings Lowered

Standard & Poors lowered its debt rating on Pure Fishing to CCC+ from B- as it believes a weak economic and retail outlook in 2020 might cause Pure Fishing’s lease-adjusted debt to EBITDA to be above 10x before improving to below 10x in 2021.

Northland Fishing Tackle Acquires Bagley Bait Company

Northland Fishing Tackle acquired Bagley Bait Company. The acquisition will grow Northland’s line of product offerings into new markets and product lines. Along with Bagley Bait Company, designer Jarmo Rapala joins the team at Northland.