SGB Update

Firearms and Ammunition Excise Taxes Up 4 Percent in Q4

According to the Department of the Treasury's most recent Firearms and Ammunition Excise Tax (FAET) Collection Report, firearm and ammunition manufacturers reported excise tax obligations to be $95.3 million in the fourth calendar quarter of 2010, up

Black Diamond Taps Patagonia’s Bantle To Head Apparel Initiative

Black Diamond Equipment, Ltd. took a big step toward launching its own technical apparel line by Fall 2013 by hiring Patagonia's Tim Bantle as director of apparel. Bantle is the former business unit director of technical outerwear and equipment at Pa

K-Swiss’ Q1 Revenues Climb 10 Percent, Backlogs Up 45 Percent

K-Swiss reported that its losses swelled in the first quarter to $9.8 million, or 28 cents per share, from a loss of $4.7 million, or 13 cents, for the prior-year period. Revenues increased 10.2 percent to $72.6 million compared with $65.9 million a year

Johnson Outdoors Reports Record Q2 Sales and Earnings

Johnson Outdoors Inc., which makes Old Town canoes, Minn Kota trolling motors and Eureka! tents, reported record sales and earnings in the second quarter ended April 1. Total net sales grew 14.1 percent to $128.9 million compared to net sales of $112.9 mi

Champion Ends Endorsement Over Tweet

Champion has ended its relationship with Pittsburgh Steelers running back Rashard Mendenhall, days after Mendenhall wrote on Twitter that he didn't believe hijacked planes led to the collapse of the World Trade Center and that people shouldn't c

MGM Announces New Division

Paul LaFrance, Director of MGM Tactical at Mike Gibson Manufacturing, recently announced the formation of MGM Breaching, a division dedicated to supplying military and law enforcement agencies with the company's breacher training apparatus…

Stage Stores Lowers EPS Guidance Despite 15.1 Percent Comps Growth

Stage Stores, Inc.'s comparable store sales for the four weeks ended April 30 increased 15.1%. For the nine week March and April period, which eliminates the impact of the Easter calendar shift, total sales increased 4.7% and comparable store sales i

Ross Stores April Same-Store Sales Up 10 Percent

Ross Stores, Inc. reported sales increased 14 percent to $651 million for the four weeks ended April 30, 2011, up from $570 million a year ago. Comparable store sales for the month increased 10 percent on top of a 3 percent gain in the prior year period..

The Buckle Reports 14.5 Percent Rise in April Comps

The Buckle, Inc. reported that comparable store net sales, for stores open at least one year, for the four-week period ended April 30, 2011 increased 14.5 percent from comparable store net sales for the four-week period ended May 1, 2010…

Bon-Ton Stores Says April Brought Heavy Mark Downs

The Bon-Ton Stores, Inc. said it was disappointed with its April results, which included comparable store sales growth of 5.1% and an increase in sales of 4.6%. The company's chairman indicated BONT had to mark down more goods than normal to move mer

Interbike Names Pat Hus to New Managing Director Role

Interbike, the largest cycling trade show and outdoor demo event in North America, has named Pat Hus as the show's managing director effective June 1. In this newly created leadership role, Hus will work closely with Show Director Andy Tompkins, and

Sea to Summit Promotes Simpson to Sales Manager

Sea to Summit has promoted Josh Simpson to sales manager. Not only will Simpson oversee Sea to Summit’s independent sales force and in-house sales team, he will also provide direction in product development and overall company growth.