Camping World Closing Down Active Sports
In a regulatory filing, Camping World Holdings said it plans to “exit and restructure operations of its indirect subsidiary, Active Sports,” which includes its retail store and warehouse in Little Canada, a suburb of Minneapolis-St. Paul, MN, as well as the The-House.com website.
Dick’s SG Sees Q4 Comp Sales Up 5.3 Percent; Net Income Falls 32 Percent
Dick’s Sporting Goods, Inc. revenues increased 7.3 percent to $3.60 billion for the fourth quarter ended January 28. Comp-store sales increased 5.3 percent for Q4. Net income fell 32 percent to $236 million, or $2.60 per share, for the fourth quarter.
Vail Resorts Closing 19 Colorado Retail Locations
SSI Venture, the retail arm of Broomfield-based Vail Resorts, reported to the State of Colorado that it plans to close 19 equipment rental and retail locations in Aspen, Telluride and Snowmass Village. The move will permanently eliminate 69 jobs.
Bill Parks, Founder Of Northwest River Supplies, Passes Away
On March 5, Bill Parks, the founder and president of Northwest River Supplies, died of natural causes at 88.
Silipint Selects National Sales Rep Agency
Silipint, the Oregon-based brand and maker of silicone drinkware, reported it hired Outtech, Inc., for its national sales representation in the Hunt, Shooting Sports, Camping, Outdoor Sports Channels and Farm & Home/Hardware.
Patagonia Recalls Infant Capilene Midweight Base Layer Sets
About 8,000 Patagonia Infant Capilene Midweight Base Layer Sets are being recalled due to a choking hazard.
SGB Media Reports Most-Read Stories, Key Metrics For February 2023
SGB Media posted another strong month in February 2023, with total pageviews rising 15 percent to over 164,000 pageviews for the shortest month of the year. SGBonline.com generated over 1.7 million pageviews for the trailing 12-month period ended February 28.
Foot Locker Expands FLX Rewards Program To Canada
Foot Locker, Inc. is expanding its FLX Rewards program to Canada. The free membership program was initially launched in the U.S. in March 2020.
Equinox Holdings’ Debt Ratings Upgraded On Loan Maturity Extension
Equinox Holdings, Inc. upgraded the debt ratings as the fitness chain operator extended the maturity of its first-lien senior secured revolver to November 2023 from March 2023. The rating agency said default risks remains high.
Sun & Ski Sports To Open Second Store In Utah
Sun & Ski Sports reported it plans to open a store in Salt Lake City following the recent opening of its first store in Park City, UT.
Moody’s Assigns B1 To Topgolf Callaway’s New Term Loan
Moody’s Investors Service assigned a B1 rating to the company’s new senior secured term loan B. The rating agency said Topgolf Callaway plans to simplify its existing capital structure by refinancing and combining its term debt at Topgolf Callaway and Topgolf International, Inc.
Ross Stores Opens 19 New Locations
Ross Stores, Inc. opened 11 Ross Dress For Less and eight dd’s Discounts stores in 13 states in February and March. Both chains expanded into existing markets, including California, Texas and Florida.
Brunswick’s Freedom Boat Club Expands Into Puerto Rico
Brunswick Corp.’s Freedom Boat Club, the largest boat club operator, is expanding into Fajardo, Puerto Rico.
Costco Reports 7 Percent Comp Gain In Fiscal Second Quarter
Costco Wholesale Corp. reported profits rose 12.9 percent in the second quarter ended February 12 as same-store sales on an adjusted basis grew 6.8 percent.
Burris Names Regional Sales Manager
Burris named Phillip Harding, IV as U.S. regional sales manager.