WatchOS 11 from Apple Offers Intelligent Customization
WatchOS 11 offers breakthrough insights from Apple into users’ health and fitness and more personalization.
Academy Sports’ Q1 Earnings Miss Wall Street Targets
Academy Sports and Outdoors, Inc. reported first-quarter earnings on an adjusted basis slid 20.8 percent and came in lower than analyst expectations for the second straight quarter. Same-store sales were down 5.7 percent, and gross margins were off slightly. Steve Lawrence, CEO, said, “Our customers remain under pressure in the current economic environment.”
Therm-A-Seat Secures Midwest Representation
The Lucci Corp, Inc., the manufacturer of Therm-A-Seat products, announced a partnership with PMI-MAX to represent Therm-A-Seat in the Midwest region.
Lazydays Names Chairman
Lazydays Holdings, Inc. announced that lead independent director and former interim-CEO Robert DeVincenzi has been appointed chairman of its Board of Directors. DeVincenzi succeeds Christopher Shackelton, managing partner of Coliseum Capital Management LLC, who decided to step down as a director.
Pradco Outdoor Brands Acquires Ani-Logics Outdoors
Pradco Outdoor Brands has acquired Ani-Logics Outdoors, a Worthington, MN-based maker of deer nutrition products.
CNBC/NRF: Retail Sales Jump in May After Slow April
May’s year-over-year gains align with what was seen earlier in the year, and the month-over-month increases are the largest in over a year.
Monthly Import Cargo To Hit Highest Level Since 2022
Retailers, however, are also facing supply chain challenges with congestion at overseas ports that are affecting operations and shipping rates.
EXEC: Vista Outdoor Receives New Bid For Ammo Business, JDH Capital Reported Bidder
Vista Outdoor reported it received an all-cash $2 billion takeover offer for its ammunition business from an unnamed private U.S. investment firm. JDH Capital, the investment group run by Texas oil billionaire Jeffrey Hildebrand, is behind a new bid, sources told the Financial Times.
Winston and Bauer Brands Parent Energizes Sales and Marketing Team
R.L. Winston Rod Co. has appointed Andy Wunsch as its new general manager and Karlie Roland joins the company joins the company to lead sales for the Winston and Bauer brands. Adam Hutchison is now national marketing manager for the two brands.
Academy Sports and Outdoors Expands Board of Directors with New Appointment
The company has appointed Scott Boatwright to its Board of Directors, effective immediately. With this addition, Academy’s Board now comprises 11 directors.
Acme Tackle Company Acquires Two Brothers Innovations
The owners of the Acme, Kalin’s, Beaver Dam, Moonshine, Reef Runner, Uncle Josh, Atom, and Bead brands now add the Elliott Rods and 2B Fishing brands to its portfolio.
MNC Capital Ups Offer for Vista Outdoor to $3.0 Billion
MNC Capital Partners, L.P. has submitted an increased all-cash proposal to acquire all of the outstanding shares of Vista Outdoor, Inc. for $39.50 per share, or over $3.0 billion.
Thor Industries Sees Sales Declines Moderate in Fiscal Third Quarter
Independent dealers reportedly experienced increased retail activity during the spring selling season, but conversion to sales was said to remain difficult in light of the economic pressures on retail buyers.
International Sports Brands to Represent Rapid Air Worx AirForce Airguns in UK
With this partnership, AirForce and Rapid Air Worx, headquartered in Fort Worth, TX, will expand its with shooting enthusiasts across the UK and Europe.
NSSF: May Adjusted NICS Background Checks Decline 7.2 Percent
The unadjusted May 2024 FBI NICS figure of 2,000,505 reflects a 14.6 percent decrease from the unadjusted FBI NICS figure of 2,343,850 in May 2023.
