SGB Update Sportsmans
Johnson Outdoors’ CFO to Retire
Johnson Outdoors, Inc. reported that David Johnson, VP and long-time CFO, intends to retire later this year, according to a regulatory filing. The company is commencing a succession process to identify a successor.
Costco’s Fiscal Q2 Earnings Rise 14 Percent
Profits at Costco Wholesale Corporation climbed 13.8 percent in the fiscal second quarter ended February 15 on a 9.1 percent sales gain.
Smith & Wesson Cranks Out 17 Percent Fiscal Q3 Revenue Gain
Smith & Wesson Brands, Inc. reported earnings on an adjusted basis catapulted 157 percent in the fiscal third quarter ended January 31 as sales climbed 17.1 percent on robust handgun sales. The company expects fiscal fourth-quarter sales to increase roughly 10 percent to 12 percent.
Black Diamond and RockyMounts Parent Posts Q4 Declines in Both Segments
Outdoor segment sales decreased 8 percent to $47.2 million, compared to $51.1 million in the same year-ago quarter. Adventure segment sales decreased 10 percent y/y to $18.2 million.
Traeger’s Q4 Revenues Slump 14 Percent, Profitability Improves
Traeger, Inc. reported sales declined 13.8 percent in the fourth quarter, but operating earnings on an adjusted basis improved and both sales and earnings topped guidance. Jeremy Andrus, CEO of Traeger, said, “We took deliberate decisions to navigate tariff pressure, protect profitability and simplify the business in ways that strengthen our foundation for the long term.”
BJ’s Wholesale Club Closes 2025 on Solid Note but FY Profits Outpace Q4 Gain
Net sales for the fiscal fourth quarter rose 5.5 percent year-over-year (y/y) to $5.45 billion. Total revenue, which includes membership fee income, increased 5.6 percent y/y. Comparable club sales increased 1.6 percent y/y in the fourth quarter.
NSSF: Adjusted NICS Background Checks Positive for Second Straight Month
The National Shooting Sports Foundation (NSSF) reported that the February 2026 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure increased by 3.5 percent year-over-year, marking a second consecutive month of increases.
Shadow Systems Acquired in Management-Led Buyout
Shadow Systems, a Texas-based manufacturer of firearms, has been acquired by Roe Strategic Capital LLC, in a partnership between the company’s CEO, Trevor Roe, and his brother Richard Roe.
Sportsman’s Warehouse Sees First Positive FY Comps Since 2020; Sees Q4 Earnings Topping Guidance
The outdoor, hunting and fishing retailer released preliminary fourth-quarter and 2025 results, indicating that both sales and earnings will exceed prior expectations and marked the first positive same-store sales growth for the full year since 2020. The hunt & fish retailer also plans to take a charge to potentially close five locations.
CODI Increases Board Size; Adds Two New Directors
Compass Diversified (CODI), the parent of 5.11, BOA and Primaloft, elected Eugene Kim and Glenn Richter to the company’s board of directors while Alexander Bhathal has resigned from the board, due to other commitments.
Sturm, Ruger’s Q4 Adjusted Profits Slump Despite Sales Gain
Sturm, Ruger & Company, Inc. reported sales improved 3.6 percent in the fourth quarter while earnings on an adjusted basis fell 58.1 percent.
Thor Industries Appoints Chief Information Officer, Shifts Technology Reporting Structure
Ryan Biren, Thor’s VP of Corporate Development, was promoted to chief information officer (CIO), a newly created executive officer role. An updated reporting structure includes functional reporting of all operating company IT leaders to the CIO.
Ebay Canada Appoints Ashley Lawrence to GM Marketplace
Lawrence returns to Ebay for his second tenure with the company, having previously held leadership roles from 2007 to 2021. Prior to rejoining Ebay, Lawrence served as COO at Kijiji Canada.
Malibu Boats Acquires Saxdor Yachts
Malibu Boats, Inc. has acquired Saxdor Yachts, a maker of adventure dayboats based in Helsinki, Finland, for approximately €150 million ($175 mm), or roughly 7.2x estimated EBITDA for the twelve months ending March 31, 2026.
Consumer Confidence Inches Up in February
Consumer confidence edged higher in February but remained below the heights reached in late 2024, a monthly survey from The Conference Board reported. Dana M Peterson, chief economist, The Conference Board, said, “Confidence ticked up in February after falling in January, as consumers’ pessimistic expectations for the future eased somewhat.”
