Scout Boats Expands South Carolina Operations
The company is also adding multiple new boat models to its product catalog and bringing $10.9 million of capital investment.
Is Casual Participation Growth More Important Than Core Growth?
Among the sports seeing healthier gains in core versus casual participants were a number of fitness-oriented activities, including yoga, cross training, bodyweight exercise & bodyweight accessory-assisted training, weight/resistance machines, treadmill and kettlebells. Others seeing higher growth in core versus casual participation included adventure racing, field hockey, volleyball (grass), target shooting (rifle) and mixed martial arts for competition.
Aisle Talk, Week Of April 10
Top headlines from the active lifestyle industry you may have missed this week.
NSSF Continues Support Of National Hunting And Fishing Day
This year’s NHF Day is set for Sept. 23 with NASCAR legend Richard Childress serving as honorary chairman.
Fishbrain Closes $3.7 Million Round Of Funding
The world’s largest app and social network for anglers closed a new $3.7 million round of funding with overall investments now totaling nearly $15 million.
Maurice Sporting Goods Expands Credit Facility
Maurice Sporting Goods gained additional capital to support the short term seasonal needs of the business, as well as to execute on the company’s long term strategic realignment.
Flambeau Outdoors Partners With Dunkin-Lewis, Thomas F. Gowen & Sons
“We’re confident that with over 300 new products launched in the past three years, these top-notch agencies have the tools needed to exceed customer expectations and increase market share,” said Flambeau president Chris Gurreri.
Sturm Ruger Repurchases Stock
Sturm, Ruger & Company Inc. announced that during the first quarter of 2017 the company repurchased a total of 1.07 million shares of its common stock in open market transactions at an aggregate cost of $53.4 million. T
NSSF: Firearms Up 168 percent Since 2008
The total economic impact of the firearms and ammunition industry in the U.S. increased from $19.1 billion in 2008 to $51.3 billion in 2016, a 168 percent increase, while the total number of full-time equivalent jobs rose from approximately 166,000 to more than 300,000, an 81 percent increase, according to NSSF.
Aisle Talk, Week Of April 3
Top headlines from the active lifestyle industry you may have missed this week.
Academy Sports + Outdoors Names EVP Of Retail Operations
Sam Johnson joins Academy after seven years with Hhgregg Inc. where he most recently served as chief retail officer.
Sportsman’s Warehouse To Hold Grand Opening In Wilmington
“We are excited to enter North Carolina which is a new state for Sportsman’s Warehouse. This location has a large user base that is currently under served through existing retailers,” noted John Schaefer, Sportsman’s Warehouse CEO.
Remington Outdoor Undergoes Layoffs Amid Weakness In Firearms Sales
Remington wrote in its report. “We believe the change in the presidential administration has partially contributed to the industry slowdown in early 2017. These dynamics have led to higher or increasing inventory levels in the market associated with certain hunting and shooting related products.
Firearms Background Checks Declines Lessen
Federal background checks were down 3.6 percent to 2.43 million in March from 2.52 million a year ago, but marked an improvement from double-digit declines seen since the election of Donald Trump.
Remington Sees Profit Rebound In 2016
Sales increased 7.0 percent in 2016 to $865.1 million, led by a 16.7 percent gain in firearms sales.
