SGB Update

Firearms Checks Tumble In July

U.S. Federal Bureau of Investigation background checks in July fell 25.1 percent to 907,348 compared to 1,210,731 last year, according to adjusted NICS figures from the National Shooting Sports Foundation.

MidOcean And Cannon Safe Acquire Stack-On

MidOcean Partners and Cannon Safe Inc, a maker of home defense safes, have acquired Stack-On Products, an Illinois-based distributor of home safes, gun security products, garage storage and organizational products.

CODI Cash Flow Expands In Q2

Strong EBITDA growth came from its Advanced Circuits, Ergobaby, Manitoba Harvest and 5.11 subsidiaries.

Dorel Sports Sees 11.6 Percent Q2 Sales Drop

Part of the revenue shortfall in the second quarter resulted from weakness in consumer demand in the mass bike channel due particularly to the prolonged unfavorable North American weather.

Callaway Golf Sees 24 Percent Hike In Q2 Revenues

The increase was led by a 64 percent increase in sales of woods, primarily due to strong sales of the EPIC line of woods, and a 74 percent increase in gear, accessories and other, primarily due to the addition of the new business ventures, OGIO and the Japan apparel joint venture.

Newell Brands’ Play Segment Sees Modest Q2 Decline

Pro forma core sales declined 1.2 percent as solid growth on Beverages, Coolers and Team Sports was more than offset by a decline on Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of a key retail customer bankruptcy.