SGB Update Outdoor

Sportsman’s Warehouse’s Q4 Earnings Slide On Margin Pressures

Sportsman’s Warehouse Holdings Inc. reported fourth-quarter earnings on an adjusted basis slid 20 percent and missed guidance due to “an elevated promotional backdrop and a tax-reform driven investment in our associates.” Same-store sales sunk 4.5 percent, in line with guidance.

Old Town Canoe & Kayak Joins Live Outside And Play Tour

Old Town, the maker of watercraft products, announced that it will join the 2018 Live Outside and Play Tour; a seven-month excursion to the country’s top outdoor hot spots led by the Blue Ridge Outdoors and Elevation Outdoors Road Team.

Accell Acquires Beeline Bikes

Accell North America (ANA) announced the acquisition of Beeline Bikes, the mobile channel expansion solution that delivers a turn-key sales, service and data acquisition solution tailored for Independent Bicycle Dealers (IBDs).

OBIT: Spy’s Seth Hamot

Former Spy CEO Seth Hamot passed away March 22 after an 18-month battle with lymphoma. Hamot was chairman of Spy’s board of directors and served as CEO from 2015 until late 2017

Newell Brands Sends Letter To Starboard

Newell Brands Inc. delivered a letter to Starboard Value and Opportunity Master Fund Ltd. from its board of directors addressing many of the activist hedge fund’s concerns.

VF Corp. Appoints Steve Murray VP, Strategic Projects

VF Corp. appointed Steve Murray, former president of Vans, to the new position of vice president, strategic projects. Murray initial focus will include elevating The North Face brand’s footwear product strategy, and supporting the successful integration of the Altra brand into VF and the extension of its technical footwear capabilities into VF’s outdoor footwear platform.

Billabong Shareholders Approve Boardriders Acquisition

Boardriders, Inc., the parent of Quiksilver, Roxy, and DC Shoes brands, announced that the shareholders of Billabong International Limited have approved Boardriders’ proposed acquisition of Billabong.