SGB Update Sportsmans

SGB Updates Will Not Publish on Good Friday, April 18
SGB Media will not publish its regular SGB Morning Update or SGB Evening Update newsletters on Friday, April 18 in observance of Good Friday. SGB will resume normal distribution on Monday, April 21.

Play it Again Sports Parent Gets Q1 Bottom-Line Bump from Settlement
The run-off of the franchisor’s leasing portfolio for the Plato’s Closet, Once Upon A Child, Play It Again Sports, Style Encore and Music Go Round retail brands that was first announced in May of 2021 is “substantially complete.”

Under Armour Appoints Three New Members to Board of Directors
Effective April 15, Dawn N. Fitzpatrick, Eugene D. Smith, and Robert J. Sweeney joined the company’s Board of Directors, which also includes Douglas E. Coltharp, Jerri L. DeVard, Mohamed A. El-Erian, Carolyn N. Everson, David W. Gibbs, Karen W. Katz, Eric T. Olson, Kevin A. Plank, and Patrick W. Whitesell.

BioLite Acquires Goal Zero
The individual BioLite and Goal Zero brands will reportedly continue in the marketplace while combining core sales, operations, marketing, and engineering teams. The combined business will operate as BioLite Energy under leadership of BioLite Founder Jonathan Cedar.

Ruger Appoints VP of Strategy & Business Development
Ben Quinn is expected to serve as a key advisor to the executive team and play a central role in supporting cross-functional collaboration, enhancing operational efficiency and aligning enterprise-wide objectives.

CNBC/NRF Retail Monitor Sees March Y/Y Retail Sales Growth Accelerate
Growth in the Clothing, Footwear and Accessories Stores sector softened from the January and February trends, while the industry that includes Sporting Goods stores accelerated versus January and February periods, according to the CNBC/NRF Retail Monitor for March.

Yamaha U.S. Marine BU Promotes Dean Burnett to VP, Marine Business
Burnett oversees the Yamaha U.S. Marine Development and Advanced Development teams and Yamaha’s Boat Business Unit, which includes the WaterCraft Business Group, G3 Boats and Skeeter Boats.

NSSF: Firearm Industry Contributes $866M to Wildlife Conservation Since 2008
The firearm industry trade association is reporting the total economic impact of the firearm and ammunition industry in the U.S. increased from $19.1 billion in 2008 to $91.7 billion in 2024, a 379 percent increase.

NRF Expected Cargo Traffic to Drop Dramatically Before Latest Tariff Moves
The latest Global Port Tracker report released on April 9 by the NRF and Hackett Associates suggests cargo traffic will drop dramatically beginning next month; however, that outlook might change given the changes in the tariff picture.

Costco Sees March Comps Grow 9.1 Percent x-Gas; E-Commerce Up High Teens
Costco reported net sales of $25.5 billion for the retail month of March, the five weeks ended April 6, 2025, an increase of 8.6 percent from $23.5 billion in fiscal March last year.

Sitka Gear Realigns Indie Rep Sales Territories
The company expanded the territory of Jeff Watt to now include the Upper Midwest as well his existing AR, IL, and the MINK states. Sitka has also added new representation in the PNW, CA, AZ, NV and UT, plus Mid-Atlantic and New England.

Fleet Feet Franchisee to Open Third North Carolina Store in Jacksonville
Michelle Fogle opened her first Fleet Feet store at the Forum Shopping Center in Wilmington, NC 10 years ago, followed by a second Wilmington location two years ago.

Axil Brands Posts Solid Fiscal Q3 Results; Sets Plan to Move Production to U.S.
With new tariffs now in effect, the company is accelerating its supply chain transition strategy, relocating key operational leadership to the U.S. and initiating plans to build out domestic manufacturing capabilities.

Goview USA Optics Expands U.S. Representation
The partnership will oversee the growth and expansion of accounts in Indiana, Ohio, Michigan, Kentucky, Illinois, Wisconsin, North & South Dakotas, Minnesota, Missouri, Iowa, Nebraska, and Kansas by developing and implementing key strategic incentives.

CzechPoint Names Industry Vet as National Sales Manager
With over 25 years in the firearms industry, Dave Biggers has worked in various sales, marketing and training positions, playing a vital role in bringing well-known products to market.