SGB Update

Cabela’s Sets Date For Bass Pro Merger Vote

Cabela’s Inc. announced that it has filed definitive proxy materials with the U.S. Securities and Exchange Commission (SEC) in connection with the Special Meeting of Stockholders to approve the previously announced acquisition of Cabela’s by Bass Pro Shops.

Sondors Introduces Foldable E-Bike

The forged aluminum frame is a one-size-fits-most, and weighs in at six pounds – offering a total bike weight of 50 pounds.

The Great E-Bike Debate

Pedal assist e-bikes allow riders to go faster and make climbing hills easier, which may be great for urban commuting, but do they have any place on classic mountain biking and hiking trails? Many avid riders say no.

Bauer Gets New CEO

Peak Achievement Athletics Inc., the successor company to Performance Sports Group, appointed Edward G. Kinnaly as the CEO of the Bauer, Cascade and Maverik businesses, effective June 1. The new owners of Peak Achievement Athletics are searching for a separate CEO to manage the Easton business.

Canada Goose Holdings Delivers 22 Percent Q4 Revenue Gain

Canada Goose Holdings Inc., in its first report since going public, reported a smaller-than-expected loss in its fourth quarter ended March 31 while seeing revenues expand 22 percent and a sharp hike in gross margins tied to its direct-to-consumer business.

OIA Criticizes Exit From Paris Climate Agreement

In response to the withdrawal from the Paris Climate Agreement, Amy Roberts, executive director at Outdoor Industry Association (OIA), in a letter stated that President Trump “has abandoned the United States’ leadership on this critical issue and has ignored the voice of individuals and businesses across the country, including many in the outdoor industry.”

 SFIA Partners with RISE Talent For Recruitment

To address the need for more focused recruitment and provide added value to member companies, the Sports & Fitness Industry Association (SFIA), announced a new partnership with RISE Talent Acquisition.

Sturm, Ruger & Company Announces Executive Appointments

Sturm, Ruger & company Inc. announced the following executive appointments: Sarah F. Colbert as vice president of administration, Robert J. Werkmeister, Jr. as vice president of marketing, and Michael W. Wilson as vice president of Mayodan operations.

Finish Line Youth Foundation Donates $409,750 In Q1

The Finish Line Youth Foundation announced its award of $159,750 in grants and $250,000 in donations for Special Olympics in the first quarter of 2017. The 22 grants to youth organizations in 13 states support healthy lifestyles and youth development. The Foundation’s financial commitment to Special Olympics supports fitness initiatives that focus on helping athletes […]

Boot Barn Misses Q4 Plan

Boot Barn Holdings Inc. reported fourth-quarter results came in below guidance due to lower than expected retail store sales, unanticipated operating expenses, and disruption in sales at sheplers.com arising from the transition to a new software platform.

Zumiez’s Q1 Exceeds Guidance

Zumiez Inc. reported a loss in the first quarter but it was better than guidance with same-stores landing at the upper end of guidance.

Lululemon Takes Charge To Restructure Ivivva

Lululemon Athletica Inc. reported first-quarter results that exceeded Wall Street targets but also announced it would take a charge to close the majority of its Ivivva girls locations.