EXEC: Sportsman’s Warehouse Execs Lay Out Turnaround Wins; Reiterate Guidance
Comp sales grew for the first time in nearly four years as the company focused on replenishing in-store stock, which boosted sales in the Hunting, Fishing and Shooting Sports categories. Ammunition was up 3 percent and Fishing was up 11 percent.
Academy Sports + Outdoors Expanding with Three New Locations
The retailer has opened two new locations in Fort Walton Beach, Florida. and Midlothian, Virginia; and will open another new store in Morgantown, West Virginia later this month.
Yankee Hill Machine Expands Distribution Network; Signs with Countrywide Sports
Headquartered in High Point, NC, Countrywide Sports was established in 2013 and is best known in the shooting sports community for its leadership in ammunition distribution including its Made in the USA suppressors, mounts and related firearm accessories.
Pitman Creek to Acquire Sports Specialists of Milwaukee, Inc.
The agreement to acquire Sports Specialists of Milwaukee, Inc. takes effect on June 23, 2025. Founded in 1972 and owned by Tom and Susan Ducrest, Sports Specialists also specializes in fishing tackle.
NRF: Father’s Day Spending To Hit Record $24 Billion this Year
U.S. consumers are poised to spend a record $24 billion on Father’s Day this year, according to an annual survey from the National Retail Federation. Over three-quarters of consumers (76 percent) plan to celebrate the occasion, spending an average of $199.38 per person, up from $189.81 in 2024.
Maryland’s Molly’s Place to Open Second Location
The hunt & fish retailer serving Maryland’s Eastern Shore plans to open a second location in Easton, MD featuring a “more elevated, curated take on the beloved Molly’s Place experience.” Its original store is in Kennedyville, MD.
Iron Valley Supply Promotes Jeremy Jester to Director of Sales Strategy
Jeremy Jester is a 25-year veteran of the distributor of handguns, optic accessories, gun parts, ammunition and suppressors.
Woox Expands U.S. Sales Team Representation with Elite Outdoor Sports
The manufacturer of rifle stocks, knives, axes, and accessories has retained Elite Outdoor Sports, based in Alta, WY, for representation in the hunting and shooting sports channel.
GunBroker.com Parent Appoints Chairman & CEO; Regains Nasdaq Compliance
The owner of GunBroker.com announced that Steve Urvan will serve as the company’s CEO and chairman of the Board following the recent closing of the divestiture of the company’s ammunition manufacturing division.
Report: Cross-Border E-Commerce Shipping Hits a Regulatory Wall
Nearly three-quarters (73 percent) of product categories now fall into tariff-sensitive classifications, with customs authorities worldwide significantly ramping up enforcement.
Ski-Doo Parent BRP, Inc. Comes Up Short in Q1 Despite Late Season Snow
The company’s North American retail sales were flat year-over-year for the first quarter. Seasonal Products retail sales were up, reportedly driven by strong end-of-season retail in Snowmobile following late snowfall.
BRP President and CEO to Retire at Fiscal Year-End
José Boisjoli has informed the Board of Directors of his intention to retire by the end of the fiscal year, at which time he will also step down from his role as chair of the Board. He will continue to lead the company until a successor is named.
EXEC: Dick’s SG Senior Execs Talk Foot Locker Deal, Tariffs and Guidance
The retailer had Board chairman Ed Stack on hand to talk about the Foot Locker deal and lay out the argument for its relevance. He will take the lead with the integration teams. CEO Lauren Hobart and CFO Navdeep Gupta dug deep into the weeds on guidance and the impact of tariffs going forward.
EXEC: Boa, Primaloft Parent Faces Lawsuits, NYSE Action as it Addresses Lugano Irregularities
The parent of 5.11 Tactical, Boa, and Primaloft provided an update on Wednesday, May 28 on the steps it is taking to enhance liquidity and reduce costs in the wake of an investigation of irregularities at its Lugano Diamonds subsidiary.
U.S. Consumer Confidence Improves in May After Five Months of Decline
May’s rebound in confidence was broad-based across all age and income groups and shared across all political affiliations, with the strongest improvements among those identifying as Republicans.
