Bear Archery Appoints Marketing Manager
Bear Archery announced the hiring of Jack Borcherding, formerly at Cabela’s, to serve as marketing manager.
Active Lifestyle Vendors Deliver Robust Q1
A wide majority of vendors in the actve lifestyle space reported first-quarter results that topped Wall Street’s expectations with many raising guidance for the year. Among brands, Vans, Champion, Puma and Callaway Golf stood out with healthy double-digit top-line growth but earnings from Nike, Deckers Outdoor, Columbia Sportswear and Wolverine Worldwide all easily topped Wall Street’s targets.
May M&A Roundup: Shakeup In Firearms, Outdoor Sectors
Although May was a relatively slow month for mergers and acquisitions activity in the outdoor and active lifestyle space, a few eye-opening transactions dominated headlines because they fell outside the scope of traditional deals.
Aisle Talk Week of May 28
Top headlines from the active lifestyle industry you may have missed this week, including the potential for an Eddie Bauer and Pacific Sunwear merger.
May Retail Jobs See Huge Year-Over-Year Increase
The retail industry employment increased by 28,800 jobs seasonally adjusted in May over April and 100,200 jobs unadjusted year-over-year, the National Retail Federation said Friday.
Firearms Fallout Fizzles As Dick’s Sporting Goods Surges In Q1
Dick’s Sporting Goods’ recent policy refusing to sell firearms resulted in plenty of PR fallout but it hasn’t affected the retail giant’s bottom line. The Pittsburgh, PA-based company easily beat Wall Street’s estimates for the first quarter ended May 5 through strength in other categories, including an especially solid performance in private label sales, which led to higher margins.
Gander Outdoors Sets Grand Opening For Mooresville
The 67,000 square foot location is one of the retailer’s six planned facilities in North Carolina.
IGFA Announces 2018 Tommy Gifford Award Winners
The International Game Fish Association (IGFA) on Wednesday announced the 2018 Tommy Gifford Award winners in recognition of their significant contributions to recreational angling as captains, guides or crew.
Dick’s Raises Guidance After Robust Q1
Dick’s Sporting Goods Inc. raised the company’s outlook for the year after reporting first-quarter earnings that came in well above Wall Street’s consensus target. Same-store sales dipped 2.5 percent.
Secretary Zinke Announces Members Of The Hunting And Shooting Sports Conservation Council
U.S. Secretary of the Interior Ryan Zinke announced the newly appointed members of the Hunting and Shooting Sports Conservation Council.
Bushnell Adds Competitive Shooter Tiffany Piper
Bushnell, the maker of high-performance optics, announced the signing of Tiffany Piper to Bushnell’s ambassador/shooting Team.
T-H Marine Acquires Blue Water LED Assets
T-H Marine Supplies, Inc., of Huntsville, AL, announced the acquisition of the assets of Blue Water LED Enterprises, LLC (Blue Water) of Lawrenceburg, KY.
Aisle Talk Week Of May 21
Top headlines from the active lifestyle industry you may have missed this week.
Can Sportsman’s Warehouse Sustain Firearms Growth?
Firearms and ammunition revenue growth boosted Sportsman’s Warehouse in the first quarter, but it’s too soon to say how much the retailer is benefiting from its competitors pulling out of gun sales and how well these categories will perform throughout the year.
Sportsman’s Warehouse’s Q1 Comps Climb 3.4 Percent
Sportsman’s Warehouse widened the company’s loss slightly in the first quarter, but both the loss and sales came in at the high end of expectations. Same-store sales were up 3.4 percent in the quarter ended May 5.
