Rocky Brands Net Income Climbs On Wholesale & Retail Strength
Rocky Brands Inc. reported first quarter net income of $3.3 million, or 44 cents per diluted share, up more than double from the company’s net income of $1.5 million, or 20 cents per diluted share, in the first quarter of 2017.
Newell Brands Averts Proxy Battle
The battle over board seats at Newell Brands has come to a quicker-than-expected end. But the divestitures will continue.
Yeti Coolers Ends Relationship With The NRA
Yeti Coolers has cut ties with the NRA Foundation, the NRA announced. Yeti called it an “outdated” discount program and asserted the NRA-ILA’s statement criticizing the company is incorrect.
Escalade’s Earnings Dip In Part On E-Com Investments
Escalade Inc. reported that its key archery category is finally showing some signs of stabilizing but investments in new businesses and e-commerce brought down earnings slightly in the first quarter.
Leading Bump Stock Maker Shutting Down Production
Slide Fire Solutions, the inventor and a leading manufacturer of the bump stocks, announced it will stop taking orders for its line of bump stock products on May 20.
CODI $1.1 Billion in New Debt Financing
Compass Diversified Holdings (CODI) announced that the company has signed a credit agreement for a revolving credit facility totaling $600 million and a term loan facility in the amount of $500 million. CODI also announced that the company has closed the previously announced private offering of $400 million in notes.
Parkland Survivor Calls For Boycott Of Gunmaker Investors BlackRock, Vanguard Group
David Hogg, Parkland student and gun legislation campaigner, took to Twitter on Tuesday to encourage a boycott of BlackRock (BLK) and The Vanguard Group.
Wells Fargo Upgrades Newell Brands On Potential Further Sales
Wells Fargo raised its rating on Newell Brands due to expectations that proceeds from divestitures will come in greater than planned. West Fargo expects the second round of asset sales will include Newell’s outdoor & recreation division, which includes Coleman, along with outdoor apparel and beverage brands; and its fishing brands.
Gander Outdoors Sets Grand Openings For Monroe And Warren
Gander Outdoors, formerly known as Gander Mountain, set grand opening festivities for stores in Monroe, NC; and Warren, OH.
Camping World Plans New SuperCenters In Georgia, Illinois And Ohio
Camping World Holdings Inc. announced expansion plans for the development of new SuperCenters in Augusta, GA, Marion, IL, and Huber Heights, OH.
Dick’s Destroying Unsold Assault Rifles
Dick’s Sporting Goods is destroying the company’s inventory of unsold assault rifles in the wake of the decision to quit selling the firearms.
Frank Hugelmeyer Sees RVs Supporting Camping’s Growth
With the RV (recreational vehicle) industry seeing record sales over the last three years at a double-digit growth pace, it’s no surprise to Frank Hugelmeyer, president of the Recreation Vehicle Industry Association (RVIA), that camping is seeing an uptick.
Outdoor Recreation Roundtable Outlines Priorities With Beltway And Industry Leaders
Congressional and administration officials joined recreation industry leaders on April 12 to mark the formal launch of the nation’s premier coalition of outdoor recreation trade associations, the Outdoor Recreation Roundtable (ORR).
Sportsman’s Warehouse To Hold Grand Opening In Walla Walla
Sportsman’s Warehouse is expanding operations to include a new retail location in Walla Walla, WA.
RECALL: L.L.Bean Knives
About 600 knives sold by L.L.Bean are being recalled, according to a press release from the U.S. Consumer Product Safety Commission.
