By The Numbers, Week Of November 14
The leading figures from this week’s news in the active lifestyle space.
Sportsman’s Warehouse Slightly Raises Outlook
Sportsman’s Warehouse slightly raised its guidance after reporting adjusted net income increased 5.3 percent in the third quarter on a 2.1-percent same-store gain.
Fox River Mills Sold To Private Equity Firm
The 116-year-old hosiery mill in Iowa will become a division of LongWater Opportunities’ Standard Merchandising Company. The new private equity owner focuses its investments in American manufacturing.
Hazard 4 Names PR Agency Of Record
The tactical gear manufacturer selected Gray Loon Marketing Group, effective immediately.
Shooter’s Choice Partners With Outtech
The alliance encompasses market-wide representation and provides integration in the sales programs and marketing of the brand.
NRA Joins SASP As Founding Partner
Founding partners help the Scholastic Action Shooting Program organize matches, demos and shows to promote youth involvement in the shooting sports.
Remington Outdoor Q3 Boosted By MSR Strength
America’s oldest manufacturer of firearms and ammunition reported sales rose 11.4 percent in the third quarter, helped by strong demand for MSRs and a rebound in ammunition sales.
Under Armour App Partners With Fishbrain
UA Record, a dashboard for 24/7 activity, sleep and workouts, will enable users of the angling app to access fishing stats, catches and more.
Remington Outdoor Sees Profit Rebound
Remington Outdoor Co. reported earnings of $9.5 million in the third quarter ended September 25, rebounding from a loss of $11 million a year ago. Sales grew to $221.7 million from $193.9 million.
Dick’s Outperforms, But Gives Caution To Q4
While it’s gained a competitive advantage in the marketplace following other store closures, the nation’s largest sporting goods retailer gave a conservative fourth-quarter outlook that fell below Wall Street’s targets.
Greenpeace Identifies PFC Pollution Hotspots
The environmental watchdog identified locations in the U.S., Europe and China as global pollution hotspots of polyfluorinated chemicals (PFCs) widely used by industries, including active lifestyle brands.
Allied Certifies Down Supply Chain
Allied Feather & Down can now offer 100 percent of its supply chain as certified for the humane treatment for animals. But it’s still up to brands to pay the extra costs for the option.
Bear & Son Cutlery Acquires Gatco Sharpeners
Bear & Son Cutlery acquired Gatco Sharpeners, including its slogan, “We sharpen the world.” Bear & Son hopes that Gatco will round out the company’s product line and provide a one-stop shop for knives and sharpening. “Bear & Son is equipped with a rich family tradition in knife making, and the Gatco brand is a […]
U.S. House Passes Outdoor REC Act
The bill, which now moves to the U.S. Senate, would shine a greater spotlight on economic effects of the estimated $646 billion outdoor industry.
Gander Mountain Hosts Annual First Ice Expo
The 6th Annual First Ice Expo will be held Saturday, November 19 starting at 8 a.m. at the Gander Mountain store in Forest Lake, MN.
