Mossberg Terminates Relationship With Dick’s Sporting Goods
O.F. Mossberg & Sons, Inc., the firearms manufacturer, announced the company’s decision to discontinue selling products to Dick’s Sporting Goods, and the company’s subsidiary, Field & Stream, in response to their hiring of gun control lobbyists in April.
Sturm Ruger’s Shareholders Vote For Gun-Risks Report
Shareholders on Wednesday voted to require Sturm Ruger to complete a report on the reputational and financial risks posed to the company by gun violence.
Gander Outdoors Opens In Appleton And Fort Worth
Gander Outdoors, formerly known as Gander Mountain, set grand opening celebrations for re-opened stores in Appleton, WI and Fort Worth, TX.
Despite Delays, Gander Outdoors Openings Off To Solid Start
Camping World Inc. remains “very encouraged” with the initial performance of the company’s re-opened Gander Outdoors locations, although officials admitted that some stores are opening later than initially planned because of the complexities involved in re-opening so many stores.
Sturm, Ruger & Co. Beats On Q1 Income, Revenue
Sturm, Ruger & Co. Inc. reported first-quarter earnings of $14.3 million, or 81 cents per share, on revenue of $131.2 million, which topped analysts’ expectations by 1 cent per share and $3.7 million, respectively.
Ammunition, Apparel Carry Clarus To Robust Q1
Even though Clarus Corp. missed analysts’ estimates on income in the first quarter, the parent company of Black Diamond, Sierra Bullets and Pieps exceeded revenue expectations behind the strength in ammunition and apparel.
Delta Apparel Q2 Boosted By Salt Life, DTG2Go
Fighting off higher raw material prices, Delta Apparel saw both sales and earnings increase year-over-year after adjusting for last year’s sale of Junkfood Clothing. Sales were boosted by the acquisition of DTG2Go and a 7 percent gain at Salt Life that offset a slight decline at Soffe.
NASCAR, Camping World Expand Partnership
NASCAR and Camping World have expanded their agreement to provide Gander Outdoors naming rights to the NASCAR Camping World Truck Series.
Camping World’s Q1 Sales Climb 20.4 Percent
Camping World Holdings Inc. reported adjusted earnings rose 16.5 percent in the first quarter on a 20.4 percent revenue gain.
Clarus Misses On Income As Sierra Acquisition Boosts Q1 Revenue
Clarus Corp., parent company of Black Diamond, Sierra Bullets and Pieps, reported net income for the first quarter ended March 31 improved to $0.4 million, or 1 cent per share, compared to a net loss of $1.5 million, or a loss of 5 cents per share, the same quarter a year ago.
Firearm Background Checks Slide In April
The Federal Bureau of Investigation (FBI) reported that adjusted firearms background checks (excluding permit checks and rechecks) were down 4.2 percent year-over-year (Y/Y) in April.
Dick’s Sporting Goods To Open Four New Stores In May
Dick’s Sporting Goods will be open four new Dick’s Sporting Goods stores in May. The stores are in Aurora, CO (grand opening ceremonies are May 19-20), West Long Branch, NJ (May 25-27), Gurnee, IL (May 25-27), and McAllen, TX (May 25-27).
NSSF’s Board Votes To Expel Dick’s Sporting Goods
The National Shooting Sports Foundation (NSSF), the trade association for the firearms, ammunition, hunting and shooting sports industries, said the foundation’s Board of Governors unanimously voted to expel Dick’s Sporting Goods from membership for conduct detrimental to the best interests of the Foundation.
Pure Fishing Hits The Selling Bock
Pure Fishing, the parent company of well-known fishing brands Berkley, Abu Garcia, Penn, Fenwick, Sterns, Mitchell, Pflueger, Shakespeare, Ugly Stik Spiderwire, among others, has joined Rawlings on the list of businesses Newell Brands is looking to divest.
Aisle Talk Week of April 30
Top headlines from the active lifestyle industry you may have missed this week, including Nike Inc. CEO Mark Parker (pictured) holding a rare company-wide staff meeting at Nike headquarters to apologize for recent incidents at the company.
