SGB Update Outdoor

Amer Sports’ Debt Ratings Upgraded

Moody’s Investors Service upgraded Amer Sports Holding 1 Oy’s debt ratings due to the company’s healthy sales and earnings improvement in 2022 and overall improving performance over the pandemic. Sales grew 22 percent currency-neutral in 2022, led by China.

NICS Checks Dip In February

The February 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1.34 million represented a decline of 0.6 percent compared to the February 2022 NSSF-adjusted NICS figure of 1.35 million.

Bealls, Inc. Appoints New Company President

Bealls, Inc. promoted Tianne Doyle to president. Doyle joined Bealls in 1991 and has held leadership positions across the company, rising to EVP and chief merchandise officer in 2020.

Academy Sports And Outdoors Ups Quarterly Dividend By 20 Percent

Academy Sports + Outdoors, Inc.’s board of directors has declared a cash dividend with respect to the fiscal quarter ended January 28, 2023 of 9 cents per share of common stock of the company, a 20 percent increase from the previous quarterly dividend payment.

Vista Outdoor Appoints President, Simms Fishing

Effective immediately, Vista Outdoor, Inc. named Derek Tarlecki as president of its Bozeman, MT-brand Simms Fishing Products. Tarlecki has worked as its chief integration officer since September, following the retirement of Simms CEO Casey Sheahan.

BN3TH Appoints VP Of Sales

Men’s underwear and baselayer brand BN3TH promoted Matt Keenan to VP of sales, effective March 1.

Salt Life Inks Licensing Deal For Home Furnishings

Salt Life is expanding its product line to include the company’s first home furnishings collection—Salt Life Home—via a license agreement with Magnussen Home, offering U.S. customers coastal-inspired products for living, dining, entertainment, office, sleep, and other home spaces.

Burlington Stores Sees Improving Trend Despite Q4 Comp Sales Dip

Burlington Stores, Inc. reported total sales for the fiscal fourth quarter increased 5 percent to $2.74 billion and comparable store sales decreased 2 percent for the period ended January 28, 2023, compared to the fourth quarter of Fiscal 2021.