EXEC: Big 5 CEO Looks for End of Weak Winter in Hopes of Spring Baseball Rebirth
The West Coast and Mountain state retailer continues to focus on managing the expenses within its control, considering the ongoing economic challenges, while it waits for the annual floor shift to spring sports and a hopeful lift from youth baseball season.
Camping World CEO Sees Green Shoots at End of RV Tunnel
Camping World reported combined new and used same-store unit sales grew for the second quarter in a row, with increased revenue, increased gross profit and improved adjusted EBITDA
Rocky Brands, Inc. Posts Flattish Q4 Growth After Shift in Distribution Model
Consolidated fourth quarter net sales increase 1.7 percent to $128.1 million, but grew 8.8 percent excluding certain non-recurring sales in Q4 2023 following the change to a distributor model in Canada and temporarily elevated commercial military footwear sales to a single customer.
Big 5 to Continue Closing Stores as Weak Q4 Sales Trends Drift into Q1
Same-store sales decreased 6.1 percent for the fourth quarter of fiscal 2024. For the fiscal 2025 first quarter, the company expects same-store sales to be down in the mid- to high-single-digit range compared to the fiscal 2024 first quarter.
RVIA: Manufacturers Survey Finds Strong Double-Digit Towable Shipments in January
The RV Industry Association reported in its January 2025 Survey of Manufacturers that total RV shipments ended the month with 27,629 units, an increase of 21.9 percent compared to the 22,674 units shipped in January 2024.
New Helly Hansen Parent Kontoor Brands Gets Nice DTC Lift to Post Solid Q4
The denim brand spin-off from VF Corporation, primarily comprised of the Wrangler and Lee brands, posted revenue of $699 million in the 2024 fourth quarter, a 4 percent increase in reported terms or a 5 percent on constant currency.
MidwayUSA Foundation Names New Board President
Jon Zinnel will serve as president and replace longstanding president and former Executive Director Dick Leeper. Nancy Bacon will serve as Vice President. Zinnel has served on the Foundation’s Board since 2021, Bacon since 2022.
Scheels to Open Third Store in Wisconsin in 2027
Wauwatosa Scheels will employ 500-plus store associates, the majority of whom will be employee owners hired locally. The store will be the company’s 36th location. A 35th store will open in Fall 2026 in Cedar Park, TX.
EXEC: Sturm, Ruger Gets Q4 Lift from New Products as NICS Checks Weaken
New products represented $159.3 million, or 32 percent of firearms sales in 2024, an increase from $119.0 million, or 23 percent, in 2023. The launch of the RXM pistol collab with Magpul reportedly had a significant impact in December.
Walmart Gets Strong Q4 Lift from U.S. and Global E-Commerce Gains
Globally, e-commerce grew 16 percent with penetration up across all segments. Walmart U.S. comp sales up 4.6 percent with positive growth in general merchandise.
Ammo, Inc. Announces Preferred Stock Dividend
Holders of record of the company’s 8.75 percent Series A Cumulative Redeemable Perpetual Preferred Stock as of the close of business on March 1, 2025, will receive a cash dividend equal to $0.546875 per Series A Preferred Stock share, paid on March 17, 2025.
Wiley X Strengthens Sales Leadership with Key Hires
The new hires include Seth Quackenbush as director of sales for the Outdoor Division, Jack Schindler as national sales Manager for the Outdoor Division and Johnathan Weikum as director of sales for the Optical Division.
Play it Again Sports Parent Sees Revenues and Profits Dip in 2024
Winmark Corporation reported that revenues for the year ended December 28, 2024, were $81.3 million, down from $83.2 million in 2023, impacting its decision in May 2021 to run off its leasing portfolio.
TSG Consumer Partners Appoints New Head of London Office
TSG’s past and present investments in the active lifestyle space include Backcountry, Corepower Yoga, Nuun, Revolve, Canyon Bicycles, and Planet Fitness. TSG has investment offices in San Francisco, New York and London.
Camping World Holdings Gets Borrowing Capacity Bump to $2.15B
The company’s RV Inventory Floor Plan Facility provides additional financial and operational flexibility for its growth strategy by increasing the committed borrowing capacity by $300 million to an aggregate amount of $2.15 billion.
