SGB Update

Brooks Running Posts 9 Percent Growth In 2024

Brooks Running reported sales were up 9 percent in 2024, fueled by growth in every region and channel. The performance marked eight consecutive years of growth for the brand, delivering a 13 percent compound annual growth rate over that horizon.

Canada Goose Misses Q3 Revenue Targets on DTC Softness

Canada Goose’s revenues in the fiscal third quarter ended December 29 came in below Wall Street’s estimates as DTC comps missed plan, down 6.2 percent. Earnings on an adjusted basis in the third quarter rose 7.0 percent while overall sales declined 2.2 percent.

Winchester Ammunition Breaks Ground on New 6.8mm Ammunition Facility

The company said the 450,000-square-foot advanced ammunition production facility can manufacture all components of 6.8mm ammunition and finished rounds for the U.S. military, reinforcing the legacy of the LCAAP and its vital role in U.S. national defense.

Crunch Franchise to Open Crunch Facility in Windcrest, Texas

Tony Hartl, founder of The Undefeated Tribe and Crunch franchisee, plans to open Crunch San Antonio Windcrest in Windcrest, TX, this Fall. This will be Hartl’s fifth Crunch gym in the San Antonio area, with 11 more in the planning.

Wild Rye Adds to Management Team With Two New Hires

Megan Odom joins the company as national sales manager and Sara Gerritts as supply chain operations manager. The company reported that they “bring a wealth of experience and a passion for the outdoors that aligns perfectly with our brand’s values and mission.”

SC Products Group Merges with Desert Tactical

Based on the SC-14 Gun Cleaner’s launch and first-year growth in 2024, the SC Products Group and Desert Tactical leadership teams made the strategic decision to consolidate operations under the SC Products Group, LLC

Jackson Hole Mountain Resort Names New CEO

JHMR has appointed Doug Pierini as CEO, effective June 1. He replaces Mary Kate Buckley who will retire as CEO on May 31, concluding a seven-year tenure leading the resort property.

Fleet Feet Concord Opens in North Carolina

Mark and Kristin Harris’ Concord, NC store, in the Christenbury Village, is the second for them, as they also own a Fleet Feet store in Huntersville, NC.