Tractor Supply’s Q2 Comps Slip as Strength in Seasonal Offset by Discretionary Weeakness
The comp store sales decline was driven by a comparable average transaction count decline of 0.6 percent, partially offset by a comparable average ticket increase of 0.1 percent. EPS rose 2.6 percent.
EXEC: Rapala VMC Gets Back to Growth in First Half as Retail Market Improves
The Finnish fishing equipment and Nordic ski company described the operating environment in the first half of 2024 as “reasonable” as inflation started to ease and retail activity improved from 2023.
Falco Holsters Expands Content Creation Team
Luke Cuenco has been a freelance writer for five years, including The Firearm Blog, OvertDefense.com, OutdoorHub.com, and AllOutdoor.com, and also has past experience in website development and SEO, customer service.
Yamaha U.S. Marine Business Unit Appoints Regulatory Affairs Manager
For the Yamaha Marine External Affairs Division, Kemba Solomon will reportedly work to “harmonize regulation and encourage a regulatory environment that aligns with business and technical realities” for the Yamaha Marine External Affairs Division.
Vudoo Gun Works Hires VP Sales & Marketing
Heather Miller reportedly brings over a decade of experience in the firearms industry, with a track record of driving revenue growth and enhancing brand and customer engagement.
GSM Outdoors Sold to Private Equity Firm
Platinum Equity has signed a definitive agreement to acquire GSM Outdoors from Gridiron Capital. The acquisition is expected to be completed in the third quarter of 2024. Gridiron Capital acquired GSM in 2020.
New Report Identifies Major Retailer Concerns for Holiday 2024
Imagine steering your retail business into the bustling Holiday 2024 season while fixated on your rearview mirror. First Insight reported that’s essentially what retailers do when they rely solely on past sales data and old customer reviews.”
Vista Outdoor Ammo Brand Secures U.S. Special Operations Command Contract
The Federal cartridge selected during the one-year contract is for the 7.62×51 mm, 175-grain precision match rifle load. The ordering period is 12 months. Federal will reportedly produce the ammunition at its facility in Anoka, MN.
Vudoo Gun Works Appoints Chief Operating Officer
The U.S. firearms manufacturer, promoted Jack Oliver to chief operating officer. Most recently, he was the director of engineering.
EXEC: Royal Robbins Parent Sees “Disappointing” Q2 as Inventory Woes Persist
Fenix said the retailer market still faced a situation with higher-than-normal inventory, as well as volatile trading because of weather and said there are also indications that a number of retailers are facing some liquidity/financial problems.
MNC Capital Open to Make Direct Tender Offer to Vista Shareholders at $42 a Share
MNC said it is committing to its previously announced fully financed $42 per share all cash offer for Vista Outdoor Inc as a consolidated entity, and that it will not reduce the $42 per share price. Vista Outdoor is taking issue with the MNC media release.
American Outdoor Brands Promotes Kersker to VP of Outdoor Sales
Kersker joined the company in 2016 as a sales manager and was later promoted to director of sales. Most recently he was the senior director of sales.
Vista Outdoor Delays Stockholder Vote Again as CSG Raises Bid for Ammo Unit
In the latest chapter of a saga with more twists and turns than the election process in the U.S. this year, the Vista Outdoor Board of Directors will adjourn a special meeting of stockholders after CSG Group sweetens ammo deal.
Vista Outdoor Reaffirms Fiscal Year Guidance
The company sees consolidated company sales in the range of $2.665 billion to $2.775 billion and Adjusted EBITDA in the range of $410 million to $490 million for the fiscal year ended March 31, 2025.
Vista Outdoor Warns on Fiscal Q1 Sales, Profit Declines; Reaffirms FY Guide
Vista Outdoor reported preliminary results for the fiscal first quarter but did not report consolidated numbers, opting instead to report results for its two business segments, Outdoor Products and Sporting Products.
