SGB Update Outdoor
Costco Reports 7 Percent Comp Gain In Fiscal Second Quarter
Costco Wholesale Corp. reported profits rose 12.9 percent in the second quarter ended February 12 as same-store sales on an adjusted basis grew 6.8 percent.
Cleveland’s REI Workers Vote To Unionize
Workers at an REI store near Cleveland voted 27 to 12 in favor of unionizing on Friday, becoming the co-op’s third store to unionize.
Fanatics Partners With Australian Football League
Fanatics reached an agreement to become the exclusive retail and merchandising partner of the Australian Football League.
Half-Moon Outfitters Acquired By Shoe Show
Half-Moon Outfitters, the outdoor retailer based in Charleston, SC, has been acquired by Shoe Show Inc.
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.
Johnson Outdoors Selling Eureka! Military And Commercial Tents Business
Johnson Outdoors, Inc. entered agreed to sell the Eureka! Military and Commercial Tents product lines of its Camping business segment to Rekord Group, a global company that specializes in commercial, event and military tents and structures.
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.
CGPR Taps Former Employee As Vice President
CGPR tapped former employee Charlotte Daher de Garcia as vice president.
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.
Vail Resorts Names New Mountain Division President As O’Donnell Exits
Vail Resorts, Inc. appointed current company EVP and COO Bill Rock as president of its Mountain Division, effective May 1, and announced that current president, James O’Donnell, will no longer be with the company, effective March 3.
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.
