SGB Update

NICS Checks Dip In February

The February 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1.34 million represented a decline of 0.6 percent compared to the February 2022 NSSF-adjusted NICS figure of 1.35 million.

Bealls, Inc. Appoints New Company President

Bealls, Inc. promoted Tianne Doyle to president. Doyle joined Bealls in 1991 and has held leadership positions across the company, rising to EVP and chief merchandise officer in 2020.

Academy Sports And Outdoors Ups Quarterly Dividend By 20 Percent

Academy Sports + Outdoors, Inc.’s board of directors has declared a cash dividend with respect to the fiscal quarter ended January 28, 2023 of 9 cents per share of common stock of the company, a 20 percent increase from the previous quarterly dividend payment.

Vista Outdoor Appoints President, Simms Fishing

Effective immediately, Vista Outdoor, Inc. named Derek Tarlecki as president of its Bozeman, MT-brand Simms Fishing Products. Tarlecki has worked as its chief integration officer since September, following the retirement of Simms CEO Casey Sheahan.

BN3TH Appoints VP Of Sales

Men’s underwear and baselayer brand BN3TH promoted Matt Keenan to VP of sales, effective March 1.

Xponential Fitness Posts Double-Digit Same-Store Revenue Growth In Q4

Xponential Fitness, Inc. reported that total revenue increased 44 percent to $71.3 million for the fourth quarter of 2022, up from $49.4 million in the prior-year period. This increase included a corresponding North America same-store sales increase of 17 percent.

Crunch Fitness Names Four To Top Leadership Roles

Crunch Fitness hired Molly Long as chief experience officer, promoted Chad Waetzig to chief marketing officer, Tim Welsh was promoted to chief development officer, and Pam Brown was hired as VP, head of people and culture.

Nordstrom’s Q4 Earnings Top Estimate, To Exit Canada

Nordstrom reported earnings in the fourth quarter topped Wall Street’s guidance despite aggressive markdowns to clear inventories while providing an upbeat outlook for the current year. The retailer also announced the wind-down of its Canadian business.

Hibbett Rolls Out Returns Service

Hibbett, Inc. added Happy Returns’ Return Bars in its more than 1,100 Hibbett and City Gear specialty stores nationwide. Through the service, customers can make returns from hundreds of online retailers at Hibbett and City Gear stores in 36 states.

Carhartt Launches Resale Program

Carhartt, in partnership with Trove, launched Carhartt Reworked, a resale program intended to extend the life of its workwear.

Salt Life Inks Licensing Deal For Home Furnishings

Salt Life is expanding its product line to include the company’s first home furnishings collection—Salt Life Home—via a license agreement with Magnussen Home, offering U.S. customers coastal-inspired products for living, dining, entertainment, office, sleep, and other home spaces.