American Outdoor Brands Slashes Outlook On Weak Gun Sales
American Outdoor Brands Corporation, the parent of Smith & Wesson, M&P and Thompson/Center Arms, again reduced its guidance for the year due to ongoing challenges in firearms. The revision came while the company reported poor third-quarter results that generally came in line with guidance.
Aisle Talk, Week Of December 4
Top headlines from the active lifestyle industry you may have missed this week.
Duluth Holdings Posts Q3 Loss On Retail Expansion Costs
Duluth Holdings, the parent of Duluth Trading, reported a loss in the third quarter due to the costs of its aggressive store expansion but the store openings helped revenues run up 25.0 percent in the period.
Wolverine Partners With Academy Sports In Boot Donation
Wolverine partnered with Academy Sports + Outdoors to give over 300 students enrolled in the School of Construction Technology at Oklahoma State University Institute of Technology [OSUIT] a pair of work boots, as well as lunch and other giveaways.
Big Rock Sports Seeing Strong Show Registration
Based on registration numbers, officials from Big Rock Sports are expecting a strong turnout for their annual 2018 Fishing and Shooting Shows, which will be held in Las Vegas, NV from January 3–5 and Raleigh, NC from January 5–7.
Moody’s Downgrades Vista Outdoor’s Debt Ratings
The downgrade reflects Vista’s weak operating performance and deteriorating credit metrics and Moody’s view that they will remain weak for an extended period.
Johnson Outdoors Delivers Record Results In 2017
Johnson Outdoors Inc. announced all-time high revenue and earnings for fiscal 2017. Strong on-going marketplace momentum of new products in the company’s core fishing, diving and camp cook brands drove a 13 percent increase in sales as operating profit grew 99 percent and net income rose 160 percent year-over-year.
American Outdoor Brands Again Cuts Outlook
American Outdoor Brands Corporation, the parent of Smith & Wesson, M&P and Thompson/Center Arms, again reduced its guidance for the year due to ongoing challenges in firearms while reporting sluggish second-quarter results that generally came in line with guidance.
FBI Firearms Checks Sink In November
The National Shooting Sports Foundation (NSSF) reported adjusted NICS (National Instant Criminal Background Check System) checks for November were down 12.3 percent.
Columbia Sportswear Announces New Management Appointments
Columbia Sportswear announced new management appointments within its finance, legal and manufacturing areas.
Zanders Sporting Goods Announces New Sales Manager
Zanders Sporting Goods, a national distributor located in Sparta, IL, has hired Lucas Poston as their new sales manager while promoting Danny Siegler to marketing director.
Aisle Talk, Week Of November 27
Top headlines from the active lifestyle industry you may have missed this week.
Camping World Declares Regular, One-time And Special Dividend
Camping World Holdings, the parent of Gander Mountain, announced that its Board of Directors declared a cash dividend of $0.2832 per share on the company’s Class A common stock.
Delta Apparel Sees Further Stabilization In Q4
Delta Apparel reported earnings in its fiscal fourth quarter declined slightly due to the sale of its Junkfood business, but continued to see underlying improvement in most of its core businesses.
Smith & Wesson Promotes Sue Cupero To Senior Director Of Sales
Smith & Wesson Corp. stated that Sue Cupero has been promoted to the newly created position of senior director of sales for Smith & Wesson.
