SGB Sportsmans

Camping World Hit By Softness And Ramped-Up Investments At Gander

Shares of Camping World fell $3.17, or 14.3 percent, to $19.04 on Wednesday after the retailer reported both earnings and sales missed Wall Street targets and lowered the company’s profit outlook for the year. The RV retailer was impacted by losses at Gander Outdoors during the quarter as well as ramped-up investments to roll out Gander RV sections at Gander’s locations.

Camping World’s Q2 Revenues Expand 13 Percent

Camping World reported sales grew 13.0 percent in the second quarter, helped by the launch of Gander RV Sales. Net earning declined in the period due to pre-opening expenses related to the Gander Outdoors store openings but adjusted pro forma net income increased 10.6 percent.

SGB Executive Q&A: Velocity Outdoor CEO Bob Beckwith

A new chapter is underway at Crosman Corp.—now known as Velocity Outdoor—the holding company of such well-known sportsman’s brands as Crosman, Benjamin, CenterPoint Archery, CenterPoint Optics, LaserMax and Game Face Airsoft. CEO Bob Beckwith spoke with SGB about the rebrand.

Clarus Raises Full-Year Outlook On Strong Q2

Clarus Corp. on Monday reported an adjusted net income increased to $2.6 million, or 9 cents per share, compared to an adjusted net loss of $3.4 million or (11) cents per share the same quarter a year ago, beating analysts’ consensus estimates by 9 cents.

Firearms Background Checks Slump In July

The July 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 821,260 represented a decrease of 9.5 percent compared to the July 2017 NSSF-adjusted NICS figure of 907,348.

Aisle Talk Week of July 30

Top headlines from the active lifestyle industry you may have missed this week, including Shimano releasing the company’s earnings for the first half of 2018.

Shares of Rocky Brands Soar On Earnings Beat

Shares of Rocky Brands jumped $6.00, or 23.2 percent, to $31.85 after the boot maker delivered earnings that ran past Wall Street’s targets. Georgia Boot, Durango and Rocky Boot all delivered robust growth in the quarter at healthy margins.

Big 5 Sporting Goods Misses On Income, Revenue

Big 5 Sporting Goods Corp. reported a net loss for the second quarter of fiscal 2018 of $0.2 million, or (1) cent per share, compared to net income for the second quarter of fiscal 2017 of $2.8 million, or 13 cents per diluted share. Analysts had expected a profit of 11 cents per share.