NSSF-Adjusted NICS Background Checks Fall Nearly 20 Percent In June
The National Shooting Sports Foundation (NSSF) reported the June 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure at 1,110,696 background checks, a decrease of 19.6 percent.
Revo Continues Growth With Distributors In New Markets
Revo, the performance sunglass manufacturer, reported it added distributors in new markets.
Sig Sauer Adds New General Counsel
Laurence Grayer joined Sig Sauer as EVP, general counsel and chief compliance officer as a business partner to provide counsel while furthering corporate business objectives.
Solo Stove Opens In-Store Experience In Polaris Public Lands Store
Solo Stove opened a permanent in-store product display at the Public Lands store in Polaris, OH, the outdoor specialty store owned by Dick’s Sporting Goods.
EXEC: American Outdoor Brands Eyes Return To Growth, Potential For $400 Million In Revenue
America Outdoor Brands said it strengthened its balance sheet, generated significant operating cash flow, controlled costs, and continues to invest for its long-term growth but full-year net sales were $191.2 million, a decrease of 22.8 percent, compared with the prior year and an increase of 14.2 percent over pre-pandemic fiscal 2020.
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.
