Duluth Trading Outlines Inducement Grant Agreement with New CEO
The company granted a total of 1,759,532 shares of Class B common stock to the new chief executive pursuant to the terms of the Inducement Stock Award Agreement and the Inducement Restricted Stock Award Agreement.
Boot Barn Holdings Removes “Interim” from John Hazen’s CEO Title
Hazen has served as the company’s interim CEO since November 2024. In October 2024, Boot Barn reported that then-CEO James Conroy was leaving the retailer to become CEO of Ross Stores.
NSSF: Adjusted NICS Background Checks Decline Again in April 2025
The 3.4 percent decline for the month continues a downward trend since October 2024, with the exception of a small bump in January 2025.
Hydro Flask and Osprey Parent Helen of Troy Sees CEO Exit; CFO Takes Reins
Helen of Troy Limited, the parent of Hydro Flask, and Osprey, said Noel Geoffroy has resigned as CEO and has departed, effective immediately. Brian Grass, chief financial officer, has been appointed interim CEO.
EXEC: Johnson Outdoors Cites Strong Demand for New Product Despite Market Woes
Camping & Watercraft Recreation sales were down 12 percent, with growth in Jetboil partially offsetting the declines in Watercraft and the exit of the Eureka! business.
Winchester Ammo Expects Q2 Gain After Q1 Sales Dip on Commercial Ammo Decline
The segment’s decrease in sales was said to be primarily due to lower commercial ammunition sales, partially offset by higher military sales and military project revenue. The company expects Winchester’s Q2 results to improve sequentially.
Traeger Swings to Q1 Profit on Grill Growth; Sets Pricing Increase and Expense Cuts
In light of the uncertain demand environment and to promote balance sheet health, the company has significantly reduced purchase orders on grills and will reassess purchase plans with further sell-through data in the coming months.
EXEC: Columbia Brand Set to Take Market Share Back in 2025; Q1 Exceeds Outlook
First-quarter net sales and earnings exceeded guidance, driven by late-season demand for winter products and strong early-spring shipments. International markets, which contributed 40 percent of annual sales, performed well, with double-digit growth in the LAAP region and high-single-digit growth in EMEA.
EXEC: Daiwa Parent Warns on FY Sales Results; Will Exceed Profit Forecast
The company reported that outdoor, sports, and leisure industry markets plateaued due to the diversification of consumption into other leisure activities and the impact of rising prices amid the normalization of economic activity.
EXEC: Coleman, Marmot Parent Shrugs Off Tariff Impact as Q1 Beats Estimates
On a quarterly call Wednesday, Chris Peterson, CEO of Newell Brands, parent of Coleman, Marmot and other outdoor brands, said he expects the company to be able to largely withstand and possibly benefit from a higher-tariff environment while predicting a larger decline in core sales for the year.
Sturm, Ruger Posts Flattish Q1 Revenues
Earnings improved 9.6 percent in the first quarter as sales dipped 0.8 percent. CEO Todd Seyfert said the flattish sales show Ruger is outperforming the industry amid the “clear and well-documented” headwinds facing the firearms category.
Garmin’s Fitness and Outdoor Segments Deliver Double-Digit Growth
Garmin, Ltd. reported sales rose 12 percent in its Fitness segment and 20 percent in its Outdoor segment while its Marine segment showed a 2 percent decline.
U.S. Consumer Confidence Sinks to Near Five-Year Low
The Conference Board’s Consumer Confidence Index fell to 86 on the month, down 7.9 points from its prior reading and below the Dow Jones estimate of 87.7. It was the lowest reading since May 2020.
Camping World’s Q1 Boosted by Strong Sales of Used RVs
Camping World Holdings, Inc. slightly reduced its net loss in the first quarter, ended March 31, but significantly improved its operating earnings before non-recurring charges on better margins. Sales rose 3.6 percent as declines in new RV sales were offset by a jump in used vehicles.
EXEC: Big 5 CEO Expects Little Near-Term Tariff Impact Due to Early Q2 Receipts
Second quarter-to-date sales are reportedly down in the high-single-digit range, in part reflecting an approximate negative 400 basis point impact from one less sales day in the period-to-date due to the Easter calendar shift.
