Ammo, Inc. Halves Fiscal Q3 Loss Despite Sales Decline as Costs Cutting Continues
The owner of GunBroker.com, said the decrease in revenue was primarily related to the decline in sales activity from its ammunition segment due to a change in the U.S. commercial ammunition market from the comparable prior-year quarter.
Newell Brands Sees Q4 Active Outdoor Lifestyle Sales Fall 22 Percent
The parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, reported fourth quarter net sales of $2.1 billion, a 9.1 percent decline compared to the prior-year Q4 period, reflecting in part, the impact of category exits and favorable foreign exchange.
AGM Global Vision Appoints New VP of Sales
Trent Henckell has been a significant player in the night vision and thermal optics scene for years, working with some of the biggest names in the industry before landing at AGM Global Vision.
EXEC: Thule Group Swings to Fourth Quarter Profit Despite Sales Decline
Net sales for the fourth quarter were down 5.6 percent in currency-neutral terms. The company said the expected sales decrease in RV Products, driven by a slower period for the RV industry, had a significant negative impact on the quarter.
EXEC: Under Armour CEO Sees Less Promotional, More Premium Online Presence
UA now expects revenue in North America to be down at a high-single-digit rate versus the previous expectation of a 5 to 7 percent decline, and turning to the International business that is now seen to be down at a high-single-digit rate versus the previous low-double-digit rate increase.
MasterCraft Narrows Full-Year Guidance as Boat Market Outlook Weakens
The decrease in net sales was reportedly due to lower unit volume and an increase in dealer incentives, partially offset by higher prices and favorable mix and options.
Outreach Sales Services Adds Regional Manager
Derek LaBarr joins the company as a regional manager for the independent channel, working with retailers in Oklahoma, Kansas, Nebraska, and Colorado.
Tractor Supply Comps Down 4.2 Percent in Q4 as Net Income Declines
Fourth quarter net sales decreased 8.6 percent to $3.66 billion, compared to $4.01 billion in the fourth quarter of 2022. The company said the prior year’s fourth quarter included an extra sales week as part of the company’s 53-week calendar in 2022
Under Armour North America Sales Fall 12 Percent in Fiscal Q3
Overall revenue was down 6 percent to $1.5 billion for the quarter as International revenues grew 7 percent. Revenue is expected to be down 3 percent to 4 percent for the fiscal year, tightening the previous expectation of a 2 to 4 percent decline.
Costco Comps Grow 3.4 Percent in January ex-Fuel
Net sales were $22.08 billion for the retail month of January, the five weeks ended February 4, 2024, an increase of 4.5 percent from $21.13 billion in January last year.
EXEC: VF Execs Outline Progress Against Transformation Plan, Brand and Region Review
The big jobs ahead are based on fixing the overall Americas business and delivering a turnaround in the Vans business. The key objective of the Reinvent program involves cutting costs and building the balance, which is reportedly both well underway.
Orvis Releases 4th Generation Helios Fly Fishing Rod
“The new Helios is a reimagining of what’s possible in a fly rod and its ability to deliver the best experience for an angler. Four times more accurate than the industry benchmark H3 is not hyperbole.” —Shawn Combs, Director, Fishing Design and Development, Orvis
SSSF Names Director of Scholastic Clay Target Program
The Scholastic Shooting Sports Foundation (SSSF) named Wayne Rasmussen the national director of its Scholastic Clay Target Program leading the SSSF’s youth development program.
C&H Precision Family of Companies Names President
As President of C&H Precision, Kisgen will be key in steering the company’s strategic direction and overseeing its operations in Richmond Hill, GA.
GoBoat Fish Unlocks New Access for Fishing and Outdoor Enthusiasts
A personal inflatable disk boat aimed to “revolutionize the way fishing and adventure enthusiasts experience their aquatic adventures.”
