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.
Thule Sees Revenues Climb 9.2 Percent In Q4
Thule reported operating earnings in Q4 jumped 48 percent on a 9.2 percent gain.
Bass Pro Announces Wonders Of Wildlife Museum Opening Date
Located adjacent to Bass Pro Shops National Headquarters in Springfield, Wonders of Wildlife consists of an all-new 1.5-million-gallon aquarium adventure showcasing 35,000 live fish, mammals, reptiles and birds and an immersive wildlife museum.
Gander Mountain Still Hopes For Going-Concern Sale
Despite reaching a deal with a group of liquidators to become the stalking horse bidder in a planned bankruptcy auction, Gander Mountain said it remains in talks with strategic investors interested in buying the retailer on a going-concern basis.
Aisle Talk, Week Of March 27
Top headlines from the active lifestyle industry you may have missed this week.
American Outdoor Brands Completes $50 Million Stock Repurchase Program
American Outdoor Brands Corp. recently completed its previously authorized $50.0 million stock repurchase program and that its board of directors has authorized an additional $50.0 million for common stock repurchases through March 28, 2019.
New Suitor Emerges For Cabela’s Bank Operation
Helping support the merger with Bass Pro and Cabela’s, Synovus Financial Corp., a regional bank headquartered in Georgia, has agreed to acquire the financial unit of Cabela’s Inc.
L.L.Bean Picks New Advertising Agency
L.L.Bean appointed The VIA Agency to become its agency of record. The Maine-based firm will handle its promotions and advertising campaign.
