SGB Update

NSSF NICS Update

The National Shooting Sports Foundation (NSSF) reports that he November 2014 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1,329,688 is the highest November on record for the 16-year-old system, with an increase of 1.7 p

Remington Parent Logs Q3 Loss

Freedom Group, the parent of Remington, reported a loss of $6.4 million in the third quarter ended Sept. 28, against earnings of $30.6 million a year earlier, according to a filing with the Securities & Exchange Commission. Sales slid 27.1 percent to $25

Johnson Outdoors Reports Finishes FY 2014 Strong

Johnson Outdoors Inc. reported sales increased 10 percent to $84.9 million in the fiscal fourth quarter ended Oct. 3 due to double-digit growth in both Marine Electronics and Outdoor Gear units. Operating loss declined sharply year-over-year due largely t

Genesco Announces CFO Succession Plans

Genesco Inc. announced that James S. Gulmi, senior vice president and chief financial officer, has made the decision to retire from the role of chief financial officer at the end of its current fiscal year…

Feds Clears Way for ATK to Spin Off Vista Outdoor

Alliant Techsystems Inc.'s (ATK) plan to spin-off Bushnell optics and a dozen firearms brands took a step closer to reality Friday morning when the U.S. Department of Justice unconditionally cleared the proposed merger of ATK's Aerospace and Def

Genesco Cuts FY Guidance Due to Weakness at Lids

Genesco Inc. said lower than planned sales and gross margin pressures at Lids in the third quarter and expected continued margin pressure at the segment in the fourth quarter would cause it to lower its guidance for the full year. Earnings from continuing

Sportsman’s Warehouse Refinances $235M in Senior Secured Debt

Sportsman's Warehouse Holdings, Inc. completed the refinancing of its existing $235 million senior secured term loans at a lower interest rate and has increased the borrowing capacity under the terms of its revolving credit facility. These moves refl

Smith and Wesson’s Earnings Slide

Smith & Wesson reported earnings slid 70.3 percent in the second quarter, to $5.05 million, or 9 cents a share. Revenues slumped 22.1 percent. Sales of long guns, primarily modern sporting rifles, declined 50.3 percent while handgun sales declined 15.0 p

New TV Show to Examines Business Issues Surrounding Rio Olympics

Universal Sports Network and Lagardère Unlimited announced plans for Beyond the Medals – The Business of Sport, a new, original sports program that provides viewers with an inside look at the world of Olympic sports. In each episode, host Rick Horrow will

Winn Rod Grips Expands Distribution

Winn Inc. has partnered with multiple tackle distributors, including Mud Hole Custom Tackle, Get Bit Outdoors, and Swampland Tackle, to sell its full line of premium fishing rod grips…

Lorpen Introduces Ternua to America

Ternua, a Spanish brand that designs and produces technical mountaineering, climbing and skiing apparel and outerwear, has entered the U.S. market…

Sportsman’s Warehouse Reports 6.2 Comps Decline

Sportsman's Warehouse Holdings, Inc. reported net sales increased by 4.3 percent as sales from new stores more than offset a decline in hunting and shooting sales that dragged down same-store sales by 6.2 percent. The Utah-based retailer beat its ear

SureFire Appoints New VP of Marketing

SureFire, LLC, a manufacturer of illumination tools, suppressors and tactical products, has appointed Jeff Barger as vice president of marketing and commercial/consumer sales…