Orchid Advisors Launches Firearm Industry Conference
The inaugural Operations & Strategy Conference will host speakers pertaining to debt/equity capital structure and sources of financing, operations principles and more.
Aisle Talk, Week Of October 31
Top headlines from the active lifestyle industry you may have missed this week.
By The Numbers, Week Of October 31
The leading figures from this week’s news in the active lifestyle space.
Smith & Wesson To Acquire UST Brands
Ultimate Survival Technologies Inc. (UST Brands) offers a range of personal safety and survival tools includes LED lights, patented all-weather fire starters, unbreakable signal mirrors, premium outdoor cutting tools, first aid kits, signal whistles, survival kits, camp kitchen products.
Kinsey’s Adds Randy Groff To Sales Team
Groff comes to the company with an archery retail background and more than a decade of experience in the pro shop, customer service and event planning at Lancaster Archery Supply.
Wolverine Unveils Customizable Boot Program
Wolverine, the flagship brand of Wolverine Worldwide, introduced Wolverine Workshop, a new customization service allowing customers to design their own Wolverine 1000 Mile Boots online.
Lew’s Fishing Acquired By Peak Rock Capital Affiliate
Headquartered in Springfield, MO, Lew’s supplies branded fishing products for mass market retailers, sporting goods chains and specialty outdoor retailers.
Sturm Ruger Shipments Accelerate Ahead of Election
Sales and earnings surged in the third quarter as the company’s distributors stocked up in anticipation of a quadrennial spike in gun sales that has accompanied recent presidential elections.
Big 5 Sees Big Benefits From Competitor Closures
With Sports Authority and Sport Chalet out of business, Big 5 took advantage in the Western U.S. of being one of few remaining sporting goods outlets. But new competition is coming.
Sturm, Ruger’s Q3 Profits Jump
Sales increased 34 percent and earnings per share jumped 66 percent from the third quarter of 2015.
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.
