SGB Update

Good Sportsman Marketing Completes Two Add-Ons

Good Sportsman Marketing, the Huron Capital-backed hunting accessories business, completed two add-on acquisitions: Scent Web from Beaverton, MI-based A-Way Hunting Products, and Eugene, OR-based Bullseye Camera Systems.

Peloton Closes $325M Series E Financing

The round was led by Wellington Management, Fidelity Investments, Kleiner Perkins and True Ventures. Other significant investors in this round included Comcast NBCUniversal, GGV Capital, Balyasny, and QuestMark.

Caleres’ Q1 Earnings Slide

The parent of Famous Footwear saw earnings decrease 16.7 percent but the company managed 8.0 sales growth and more than 50 basis points of gross margin improvement.

Deckers Brands Beats Internal Guidance In Q4

Deckers Brands reported both earnings and sales for the fourth quarter ended March 31 came in better than expected. Sales were down 4.5 percent. Among its brands, sales declined 1.1 percent for Ugg, 13.3 percent for Teva and 16.1 percent for Sanuk but climbed 32.7 percent for Hoka One One.

Emerald Expositions Acquires Snow Show

Under the new ownership of Emerald Expositions, the January SIA Snow Show will merge with Outdoor Retailer to become the Outdoor Retailer + Snow Show endorsed and sponsored by SnowSports Industries America and Outdoor Industry Association (OIA), and will be the largest outdoor and winter sports industry gathering in North America.

Genesco Inc. Slashes Guidance On Weak Q1

Said Robert Dennis, chairman, president and CEO, “We have adopted a more conservative outlook for store-based sales given the anemic level of mall traffic year-to-date and the more pronounced shift in consumer spending away from stores to online. Therefore, we now expect adjusted diluted earnings per share for the year in the range of $3.90 to $4.05, compared to our previously issued guidance range of $4.40 to $4.55.”

Under Armour Announces 2017 Tom Brady Asia Tour

The tour of Beijing, Shanghai and Tokyo over six days will include a sneak peek into the football legend’s holistic training regimen to showcase the importance of sleep and recovery.

New Era Signs Three NBA Stars

New Era added Golden State Warriors forward Draymond Green, Washington Wizards guard John Wall, and Los Angeles Lakers guard D’Angelo Russell to endorsement deals.

American Alpine Club To Host Excellence in Climbing Awards

Presented by Adidas Outdoor, the fundraising event celebrates teamwork and will honor the 2017 Hall of Mountaineering Excellence Inductees Sean Patrick, Dave Morton and Melissa Arnot Reid, Sean and Timmy O’Neill and former AAC President Doug Walker.

Shoe Carnival’s Q1 Profits Slide

Cliff Sifford, Shoe Carnival’s president and chief executive officer, commented, “While February was a very challenging month due to the delay in the tax refunds, we are encouraged by the improvement in our sales as we progressed through the quarter. Comparable store sales for March and April combined, which includes the shift in the Easter selling season, were up low single digits.”