NSGA Highlights Importance Of Physical Retail
The National Sporting Goods Association (NSGA) cautioned industry executives not to overreact to what it considers to be “incorrect conclusions” found in an study from Astound Commerce on the value of vendor stores and websites.
SOG Adjusts Distribution Channels, MAP Policy
The narrowing of SOG’s distribution channels will allow retailers access to its product line through preferred distribution partners.
Sportsman’s Warehouse Beats Q2 Profit Outlook
Same-store sales decreased by 9 percent and net sales increased by 0.9 percent to $191.5 million in the fiscal second quarter.
U.S. E-Comm Sales Surge 16.3 Percent In Second Quarter
According to data from SSI Data, the internet delivered 16.5 percent of active lifestyle product sales generated in the calendar second quarter of 2017, up from 15.8 percent in Q2 2016.
Walmart Q2 Sales Beat Estimates As Online Business Jumps 67 Percent
The biggest lift came from organic growth at Walmart.com, which posted 60 percent sales growth in the quarter
FeraDyne Outdoors Names Three New Inside Regional Sales Managers
Andy Cardwell, Jonathan Coggin and Mark Jenkins are charged with developing new business relationships and providing superior customer support to existing and prospective new members of the FeraDyne dealer base.
Sportsman’s Warehouse Opens Ninth California Location
Sportsman’s Warehouse is expanding its operations to include a new retail location in Stockton, CA.
Dick’s Sporting Goods Sees Flat Q2 Comps; Shares Fall On Ugly Outlook
Consolidated same-store sales are currently expected to decline in the low single digits in the third quarter
Ironclad Postpones Q2 Report; Updates Outlook
The company now estimates that net sales will be in the range of approximately $20 million to $22 million
Camping World Lowers Re-Opening Target For Gander Mountain
On its second-quarter conference call, Camping World now says it may reopen as few as 40 former Gander Mountain locations, far short of earlier expectations, due to challenges renegotiating leases. Camping World also confirmed that the re-opened Gander stores will be much smaller than its traditional locations and feature significantly less footwear and apparel.
Aisle Talk, Week Of August 7
Top headlines from the active lifestyle industry you may have missed this week.
FGL Sports To Miss Revenue Goals For 2017
FGL Sports, which includes Sport Chek, is now expected to miss its ambitious growth goals for 2017 due to its sluggish sales through the second quarter, according to its parent, Canadian Tire Corp.
RECALL: Ruger Precision Rifles
Sturm Ruger & Company, Inc. has issued a Safety Bulletin for certain Ruger Precision Rifles.
Camping World’s Q2 Revenues Climb 20 Percent
Camping World Holdings, which acquired Gander Mountain earlier this year, reported pro-forma earnings rose 41.6 percent on a 20.1 percent revenue gains.
Vista Outdoor’s Q1 Stung By Weakness In Shooting
Vista Outdoor’s revenues slumped 9.8 percent in the first quarter to $568.7 million as a slight gain in its Outdoor Products was offset by a steep decline in its Shooting Sports segment.
