Colt CZ Group Acquires SwissAA Holding AG
Colt CZ Group SE acquired Swiss ammunition producer SwissAA Holding Ag. The company financed the transaction with cash reserves, including a recent bond issue for an undisclosed amount.
American Outdoor Brands Sees Fiscal Q4 Adjusted Profits Decline As Sales Fall 8 Percent
American Outdoor Brands, Inc. reported that fiscal fourth quarter net sales decreased 8.0 percent to $42.2 million for the three-month period ended April 30. Quarterly non-GAAP net income was $793,000, or 6 cents per diluted share, compared with non-GAAP net income of $1.9 million, or 14 cents per diluted share, for the prior-year quarter.
Under Armour Makes Senior Leadership Changes
Under Armour reported the company made senior leadership changes, including hiring Marriott veteran Jim Dausch as EVP, chief consumer officer, effective July 24, and promoting Danny Miles to EVP, chief technology officer. Effective July 3, Dan Leraris, UA’s head of apparel, will begin serving as the company’s interim CPO.
Nextorch Industries Hires VP Sales & Marketing
Nextorch Industries hired Jordan Brothers as vice president of sales and marketing for North America, overseeing all marketing functions.
Camping World Makes Key Hires To Field Operations Leadership Team
Camping World Holdings, Inc. reported adding key hires to its field operations leadership team.
Camping World Holdings To Acquire Arkansas RV Dealer
Camping World Holdings, Inc. is set to acquire multi-location RV dealer Crain RV in Arkansas. Crain operates locations in Benton, Springdale, and Little Rock, predominantly selling Jayco, Winnebago, Tiffin, Coachmen, and Forest River products.
American Sportfishing Association Elects Four Board Members
The American Sportfishing Association (ASA) elected four members to fill two at-large and two regional seats on its board of directors. Their three-year terms begin October 1, 2023.
Air Venturi Names National Sales Agency For The U.S.
Air Venturi named Outtech Sales Services its nationwide sales rep partner for the company’s line of retail brands, including Hellraiser Tactical Products, Seneca Hunting Airguns, Western Justice Revolvers, Springfield Armory Airguns, and Airsoft Guns.
Bass Pro Shops Named Official Outdoor Sporting Goods Sponsor Of SRX
Bass Pro Shops was named the official outdoor sporting goods partner of the Superstar Racing Experience for the series’ third season. The retailer also reported it signed on as a primary sponsor of Tony Stewart’s No. 14 entry.
C&H Precision To Invest In Expanded Manufacturing And HQ In Georgia
C&H Precision has decided to continue its operations in Bryan County, GA, and announced plans to invest significantly in a state-of-the-art manufacturing and headquarters facility. The new building will be in Richmond Hill, GA. The estimated $10 million project would create 20 to 30 new jobs.
Brunswick Expects To See Some Q2 Business Shift To Q3 Due To IT Security Incident
All primary Brunswick global manufacturing and most distribution facilities are reportedly now operational, with the remaining production and distribution facilities expected to restart within a few business days.
EXEC: Smith & Wesson Bullish On Year Ahead After Tough Fiscal 2023
Looking at the top-line numbers for Smith & Wesson Brands, Inc. over the last three years would lead one to believe that this is a company in trouble, as fiscal year sales plummeted nearly 55 percent from its peak of more than $1.0 billion in fiscal 2021, but that metric would only reveal part of the story
Outtech Sales Services Adds EVP Of Business Development
Outtech Sales Services, LLC (OSS), owned by Legacy1846 Outdoor Group, hired industry veteran Mike Walston as EVP of business development, focusing on new sales channel opportunities.
Apex Ammunition Joins Sports, Inc. As Vendor
Apex Ammunition reportedly joined Sports, Inc. as a vendor, giving the buying group’s 500-plus dealer members access to Apex’s shotshell offerings for Waterfowl, Turkey, Upland, and Predator hunting.
Four Points RV Resorts Adds Indiana Jellystone Park Franchise to Growing Portfolio
Four Points RV Resorts, LLC has completed the acquisition of Yogi Bear’s Jellystone Park Camp-Resort in Bloomington. Four Points, launched in 2020 by Sean Vidrine and Matt Van Der Molen, now owns and operates four Jellystone Park franchises, as well as two independent RV Resorts.
