Acquisition Offsets Softer Gun Demand in Q3 for Smith and Wesson; Q4 Outlook Weakens
Following a second quarter that saw the company report record sales on its acquisition of Universal Safety Response, Smith & Wesson Holding Corp. said slipping demand for firearms had caused profits to stabilize, forcing the company to miss most analysts&
Hoyt Renews USA Archery Sponsorship Through 2010
USA Archery and Hoyt have announced that Hoyt has renewed its association as an official sponsor and supporter of USA Archery through 2012. Hoyt will be the exclusive bow and supplier to the U.S. Archery Team, Jr…
Zumiez Fourth Quarter Success is Eclipsed by Weak Year
Citing an unexpected climb of sales and earnings, Zumiez fourth quarter profits exceeded market expectations, and were improvements following a difficult prior-year period…
TRCP Union Sportsmen’s Alliance to Launch as Stand-alone Entity
The Theodore Roosevelt Conservation Partnership said that its union-focused hunting and fishing club, the Union Sportsmen’s Alliance, will become a stand-alone entity separate from the TRCP…
U.S. to Support Trade Restrictions on Imperiled Species at CITES Conference
Assistant Secretary of the Interior for Fish and Wildlife and Parks Tom Strickland said the United States will support trade restrictions on bluefin tuna, polar bears, and imperiled corals and sharks among other proposals at the meeting of the Convention
FWS’ Plan to Restrict Giant Invasive Snakes Seeks Public Comment
The U.S. Fish and Wildlife Service has published a proposed rule in the Federal Register to designate the Burmese python and eight other large constrictor snakes as “injurious wildlife” under the Lacey Act. If finalized, the FWS said the desig
Pacific Sunwear Sees Slumping Juniors Business Sinks Q4 Top Line
Pacific Sunwear Sees Slumping Juniors Business Sinks Q4 Top Line…
Facing significant and continuing challenges from its juniors business, Pacific Sunwear reported losses widened and sales fell in a fourth quarter that capped off what management called
Foot Locker Inc. Launches 5-Year Growth Plan
Foot Locker Inc. is betting that a renewed focus on apparel and the overall run category will help it reach its goal of achieving annual sales of $6 billion and net income margin of 5% over the next five years…
Late Snowfall Gives Snow Sports Industry Weak Rebound this Winter
Late snow and a drop in snowboard sales are hindering a big turnaround in snow sport sales from last year’s poor results, according to figures released last week by Snowsports Industries America (SIA)…
L.L. Bean Sales Decline in 2009
L.L. Bean’s sales fell 6.6% to approximately $1.4 million in 2009 from $1.5 million in 2008…
Fox Factory Remains Reliant on Single Customer Accounts
Sales at Fox Factory Holding Corp. stretched to $121.5 million in the year ended Dec. 31, 2009, sliding 7.7% from 2008…
Dick’s SG Sees Winter Weather, New E-Commerce Boost Q4 Top Line
Riding growth sparked by several key factors, Dick’s Sporting Goods swung to a profit in the 2009 fourth quarter, outpacing analysts’ estimates and prompting management to issue a more positive outlook for fiscal 2010…
Backcountry.com E-tailer Spawns Interaction Via Video Platform
In hopes of spurring customer involvement within the outdoor segment, Backcountry.com has launched new video functionality enabling customers and vendors to post their own videos on every product page or link to existing videos on YouTube.
PUMA Acquires Cobra Golf
In a deal that had been anticipated for nearly a year, Puma signed an agreement to acquire 100% of the golf equipment brand Cobra Golf from Acushnet Company, the golf business of Fortune Brands, Inc., continuing the trend of consolidation in the golf mark
Vail Resorts Season-to-Date Retail Sales up 3.8%
Vail Resorts released figures last week showing its rental/retail sales growth accelerating in January and February, but said a late start to winter in Colorado will make it difficult to meet the company’s earlier earnings guidance…