Big 5 Sales Rise Thanks To Closed Competition
With Sports Authority and Sport Chalet stores now closed, Big 5 stores benefitted with a 6.8-percent rise in same-store sales for the third quarter.
NASGW Appoints Board Of Directors
The National Association of Sporting Goods Wholesalers (NASGW) elected Stefanie Zanders, general manager and co-owner of Zanders Sporting Goods, to its board of directors.
Smith & Wesson Lenders Expand Line Of Credit
The amendments provide the company with an increase in overall credit availability to $500 million from $225 million. The credit facility remains unsecured.
Gerber U.S. Plant Goes 24/7
Gerber, a producer of personal knives, tools and gear, said it has brought on a third shift at its Portland, OR manufacturing plant.
MidwayUSA Donation Benefits Youth Shooting Sports
Larry and Brenda Potterfield, owners of MidwayUSA, donated $128,610 to the MidwayUSA Foundation. The donation stems from a matching program offered by the foundation.
Tough Sledding At Coleman And Marmot
Organic sales at Newell Brands Inc.’s Outdoor Solutions segment, excluding brands marked for sale, declined in the third quarter despite growth at Pure Fishing.
Mossy Oak Properties Opens Indiana Land & Lifestyle Office
The Rockville, IN location will be co-owned and operated by Jeff Michalic, Chad Renbarger and Kelly Hendricks.
Cautious Retailers Dampen Columbia Sportswear’s Growth Spurt
A bad (warm) winter, such as that of 2015, tends to hit vendors the following year. And that time is now.
Aisle Talk, Week Of October 24
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of October 24
The leading figures from this week’s news in the active lifestyle space.
Newell Brands Core Sporting Goods Sales Drop In Q3
Pro forma core sales, which exclude the Winter Sports business that is held for sale, declined 3.2 percent compared with prior year, with growth in Pure Fishing more than offset by declines in Coleman
Columbia Sportswear Slowed By Tepid Wholesale Orders
The company reported rapid growth in direct sales of its Columbia, Prana and Sorel brands and in China could not offset low orders from cautious U.S. retailers.
Bass Pro Skirts Debt Downgrade
Despite “significant integration risks,” Moody’s said it was assured that the strategic benefits of a merger between Bass Pro Shops and Cabela’s outweigh the negatives.
Boot Barn Sees Profit Turnaround In Q2
New merchandise strategies helped the western boot retailer offset the drag of oil and commodity pressures that are affecting Texas, Colorado, Wyoming and North Dakota.
Moody’s Confirms Bass Pro’s Debt Ratings
The debt ratings had been placed under review for a possible downgrade following Bass Pro’s announcement that it planned to acquire Cabela’s.
