FN American Awarded Defense Logistics Agency Contract for Machine Gun Barrels
FN has been one of the largest suppliers of small arms to the U.S. military. In addition to the M240 and its variants, the company holds contracts for the FN M249 lightweight machine gun, the FN MK 46, MK 48, MK 17, and MK 20 SSR for USSOCOM, and various other contracts.
Leatt Corp. Revenues Jump DD in Q4 on Strong Body Armor and Helmet Growth
Sales of the brand’s most established category, neck braces, were down 25 percent in Q4 year-over-year as inventory is digested at the dealer and distributor level. Sales of ADV gear, designed for Adventure riding, exceeded expectations.
SBA Implements Made in America Manufacturing Initiative
The new SBA effort will cut $100 billion in regulation, expand access to capital and create dedicated infrastructure to support blue-collar boom.
Bass Pro Shops to Officially Open in Tyler, TX, with Evening for Conservation
The retailer will host a grand opening of its new retail store in Tyler, TX, with an Evening for Cnservation, on Wednesday, April 16. Every dollar spent during the event, 20 percent (on most items) will be donated to local conservation organizations, a tradition owner Johnny Morris started many years ago.
BKK Hooks Hires New Director of Marketing
BKK said Casey Yoern previously served as the marketing specialist/photographer at Daiwa Corp., where he spearheaded digital marketing campaigns, managed product launches and oversaw catalog creation for over 2,000 SKUs.
NMMA: EU Delays Tariffs on U.S. Boats, Creating Window for Negotiations
While this delay is not a final solution, NMMA believes it is a welcome sign that both sides are taking time to negotiate.
Massimo Group 2024 Revenues Decline as Pontoon Boats Business Sinks
Revenue from sale of UTVs, ATVs and e-bikes increased by 4.0 percent year-over-year while revenue from sales of Pontoon Boats fell 68.0 percent for the year.
Academy Sports + Outdoors Opens 300th Store, Adds Two More States to Mix
The full-line sporting goods and outdoor recreation retailer will add five stores through April, with 20 to 25 stores planned for the fiscal 2025 full year.
Duluth Holdings Board Member to Retire
Francesca Edwardson reportedly informed the company that she had independently decided not to stand for re-election to the company’s Board of Directors at its 2025 Annual Meeting of Shareholders.
Winnebago Industries Cuts FY Guidance Despite Fiscal Q2 Sales and Earnings Beat
The company saw its only positives in the second quarter ended March 1 coming out of the Marine segment where net revenues were up year-over-year, said to be primarily due to unit volume, partially offset by a reduction in ASP per unit related to product mix.
EXEC: Colt CZ Group Profits Halved in 2024 Despite 51 Percent Revenue Growth
Maintaining profitability in the Firearms segment through more effective cost control is one of the company’s goals for 2025, especially in the U.S. market. New CZ and Colt products are expected to play a key role for future growth in the U.S. market.
Far Bank Enterprises Taps Red Kulper as Brand Portfolio Marketing Director
Kulper comes to Far Bank after a decade with Shimano North America Fishing where he led marketing and brand and product lifecycle promotion for Shimano, G. Loomis, PowerPro, and Jackall.
Ski-Doo Parent Sharply Narrows Fiscal Q4 Net Loss Despite 20 Percent Revenue Decline
BRP Inc. was still dealing with softer demand in the fiscal 2025 fourth quarter, but the decline in revenues was also exacerbated the company’s objective to reduce network inventory.
RVIA: February RV Shipments Rose 6.0 Percent
RVIA said Towable RVs, led by conventional travel trailers, ended the month up 9.9 percent from last February with 29,642 shipments. Motorhomes finished the month down 20.1 percent year-over-year with 3,229 units.
U.S. Consumer Confidence Down Again in March as Forward Outlook Crashes
The Present Situation Index, based on consumers’ assessment of current business and labor market conditions, decreased 3.6 points to 134.5, a solid score, but the Expectations Index, measuring a six-month outlook, fell to 65.2, the lowest level in 12 years.
