EXEC: Colt CZ Sees Robust Q1 Results; Acquires U.S.-Based Valley Steel Stamp
Prague-based Colt CZ Group SE saw sales jump 50.3 percent year-over-year in the first quarter due to an acquisition, while announcing it reached agreement to acquire a components supplier based in Greenfield, MA.
Target Trading Lower as Retailer Misses Q1 EPS Estimates; Cuts Guidance
Comparable sales decreased 3.8 percent in the first quarter, reflecting a comparable store sales decline of 5.7 percent and comparable digital sales growth of 4.7 percent.
American Suppressor Association Adds Board Member
The American Suppressor Association appointed Cregg Burns, senior e-commerce manager of Guns.com, to its Board of Directors.
Target Sports USA Announces New Customer Service Manager
The ammunition supplier headquartered in Cheshire, CN, announced the promotion of long-time team member Yashti Singh to customer service manager after six years of working in the department.
Helinox Adds Key Leadership to Strengthen European and U.S. Market Growth
The maker of portable furniture and outdoor gear has added Ethan Moon as COO, Chi-Wang Cheung as chief strategy officer and Markus Hefter, director and head of European sales and operations. Daniel Hartung will continue to head design and innovation in Europe.
Camping World Holdings, Inc. BOD Appoints Brent Moody Vice Chairman
Moody has served on the Board of Directors of Camping World Holdings, Inc. since May 2018. He has been with the company for nearly 23 years and has served in various leadership positions.
Rural King Opens Newest Store in Pennsylvania
The family-owned retailer for over six decades, catering to the rural lifestyle, has opened a new store in Altoona, PA. The store will hold a grand opening from May 23-25.
Recall: Colt CBX Bolt-Action Rifles
Colt has voluntarily initiated a recall of the rifles because of the potential for an unintentional discharge, without pulling the trigger, under certain conditions when the manual safety is disengaged. Both the CBX Precision and CBX Tac Hunter models are affected.
EXEC: Lowa’s Peter Sachs Talks Retirement, Outdoor Industry Changes
Peter Sachs, the longtime U.S. general manager at Lowa, sat down with SGB Executive to talk about his 29-year career building the German boot maker’s U.S. business, the current state of the outdoor industry, and semi-retirement plans.
Lazydays RV Cuts Q1 Net Loss as Revenues Shrink
The company completed the strategic divestiture of five dealership locations in the quarter, enabling it to enhance its cost structure and significantly de-lever the balance sheet by repaying approximately $145 million in debt.
EXEC: Boot Barn CEO Expects Little China Tariff Impact on Exclusive Goods
The company will only have 5 percent on order from China in the second half of the year, with China exclusive brand product ~$2.3 million of “tariffable product” for the remainder of fiscal 2026.
Zanders Updates Business Development Efforts with New Hire
Before joining Zanders, Caleb Barnett oversaw marketing, key accounts and ballistics testing over four years at Underwood Ammunition.
Dick’s SG Expects to Post 4.5 Percent Comp Sales Growth in Q1
The 4.5 percent comparable sales growth expected for the fiscal 2025 first quarter comes on top of a 5.3 percent increase in the prior-year Q1 period.
EXEC: Dick’s SG and Foot Locker Confirm $2.4 Billion Merger Deal
After seeing the global ambitions grow for JD Sports and Sports Direct, now comes the colonists, with Dick’s Sporting Goods fighting the good fight to protect the motherland from the ambitions of the crown while offering a new global vision for the Dick’s Sporting Goods and Foot Locker brands.
Inflation Rise Falls Short of Estimates; CPI Posts Slowest Annual Rate Since 2021
On an annual basis, CPI came in at 2.3 percent, reportedly the slowest annual rate since early 2021, countering the consensus estimate that it would hold at 2.4 percent.
