SGB Sportsmans

Colt CZ Sees Q2 Revenues Climb 10 Percent

Colt CZ Group reported sales climbed 10.1 percent in the second quarter but were still off 2.7 percent in the half. Operating earnings on an adjusted basis fell 18.4 percent in the half. The Czech Republic firearms giant lifted its guidance for the year.

Clarus Receives Buyer Proposal; President of Ammo Business Resigns

The Board formed a special committee of the Board comprised of independent directors to review and evaluate the Buyer’s Proposal and any alternative proposals that could be available to the company, including the possibility of rejecting the Buyer’s Proposal and/or any alternative proposals.

Sportsman’s Warehouse Appoints New Board Member

Steven Sansom is a corporate executive with over 30 years of experience in high-growth businesses. He has served as founder and chairman of Steel Grove Capital Advisors and Steel Grove Family Office in Memphis, TN since September 2001.

Rock Ridge Outdoors Names New Regional Sales Manager

Dani Navickas brings more than 25 years of experience working in sales, marketing and product development within the shooting and outdoor industries, including tenures at Velocity Outdoor, Sig Sauer and Remington, to the role.

West Marine Inks Agreement with Lenders

The transaction will provide West Marine with liquidity and significantly reduce total debt to strengthen the company’s balance sheet and financial profile. The agreement was supported by 100 percent of the holders of the company’s funded debt obligations and West Marine’s current principal equity holder, L Catterton.

Lands’ End Names CFO

Lands’ End, Inc. announced that Bernard McCracken, the company’s interim CFO since January 2023 and chief accounting officer since April 2014, was named chief financial officer.

Grundéns Hires New CEO from Rapala

The producer of fishing apparel and footwear hired Nicolas Cederström Warchalowski as chief executive officer. Most recently, Warchalowski was the CEO of Rapala, the sport fishing company.