United Sporting Companies Promotes Grace Brickle, Rob George
The nationwide distributor of hunting, outdoor and marine products, promoted Grace Brickle to director of human resources and Rob George to senior vice president of sales and marketing.
Firearms Background Checks Drop In January
The January decline comes after 19 straight months of record year-over-year increases under the Obama administration.
Gore Fabrics Division Establishes Ambitious Environmental Goals For 2020
Included in these goals is Gore Fabrics’ intent to eliminate PFCs of Environmental Concern from its consumer fabrics products as an important milestone in its long-term journey towards continuously reducing the environmental footprint of its products throughout their full life cycle.
Johnson Outdoors Sees 10 Percent Q1 Gain
Gains in fishing and diving in the seasonally slow first fiscal quarter ended December 30 offset declines in the camping and watercraft recreation segments.
Under Armour’s Debt Ratings Cut To Junk Status
Said S&P analyst Mariola Borysiak, “We now believe the company will generate about 10 percent sales growth annually and margins will be in the 12 percent range, which results in leverage slightly below 3x.”
Winchester Sees Q4 Sales Expand 3 Percent
Olin Corporation reported Winchester sales for the fourth quarter 2016 were $161.4 million, up from $156.7 million in the same quarter a year ago.
S&P Strips Under Armour Of Investment-Grade Rating
S&P wrote, “We now believe the company will generate about 10 percent sales growth annually and margins will be in the 12% range, which results in leverage slightly below 3.0x.”
Dick’s To Open Second New York City Store
Dick’s Sporting Goods is planning to open a new location in Forest Hills in March.
Buck Knives Appoints CFO And COO
Buck Knives announced that Trent Malone has joined the company as chief financial officer and Joe Piedmont has been promoted to chief operations officer.
Vista Outdoor Controller And Treasurer To Retire
Thomas G. Sexton has worked for Vista Outdoor and its predecessor companies since 1986.
Under Armour’s Growth Stalls
Hurt by heightened price competition on its basic technical apparel as well as admitted shortcomings in its more fashion-oriented offerings, Under Armour reported fourth-quarter results that came in short of Wall Street targets and provided a bleak outlook for 2017.
L.L.Bean To Open Second Store In Maryland
The store in North Bethesda will open this fall, in a two-level, 22,700-square-foot space, and employ around 75 people.
Luxottica Group’ MAP Policy Drives Q4 Turnaround In North America
The parent of Oakley, Ray-Ban and Sunglass hut said sales at constant exchange rates in the quarter were up 5.5 percent and 3 percent for the wholesale segment and the whole group, which includes its retail operations.
SHOT Show Gets Post-Election Boost
While the hunt and shooting industry may be grappling with a slide in firearms sales, the recent SHOT Show wound up being a boisterous affair and ultimately a celebration of Donald Trump’s surprising election victory.
