SGB Update Sportsmans

Academy Sports & Outdoors Beats on Q4 Bottom Line; Looks Ahead to Jordan Launch
The company expects the first quarter to be the most challenging from a sales and earnings per share prospective as they plan to open five stores and transition to the new Jordan floor set but see the back half of the year to be stronger than the first half.

Report: Online Resale is Expected to Reach $40 Billion by 2029
From integrating social commerce and AI applications to establishing trade organizations and interfacing with the government, ThredUp said it’s clear why resale has seen accelerated growth and a promising growth trajectory.

Report: February Perceived Stability at Retail Hides Deeper Fluctuations
While the steady appearance of retail performance carried through top-line views of discretionary general merchandise, retail food and beverage, and non-edible consumer packaged goods, underlying disruptions are emerging, reported Circana.

BaseMap Names Former HuntScore CEO as Company President and CEO
BaseMap, Inc. acquired HuntScore in a deal that closed in January 2024. Matt Habiger joined BaseCamp at the time as VP of Data Sciences. BaseCamp Founder Jeffrey Balch will remain actively involved in the company as a director and chief product officer.

Target Sports USA Welcomes New Sales Rep
In her new sales role, Nadja Abaza will drive membership sales, collaborate with major manufacturers, and expand the brand through strategic marketing.

Henry Repeating Arms Moving 100 Percent of Manufacturing to Wisconsin
The commitment reportedly includes transferring all of its Bayonne, NJ manufacturing operations to its newly expanded HQ in Rice Lake, WI, and two additional facilities in nearby Ladysmith, WI.

Camping World Rejects Two of Seven Planned Lazydays RV Acquisitions
The two locations, in Portland, Oregon and Council Bluffs, Iowa, were rejected as they did not meet CWH standards, according to a company media statement.

Recreational Boating & Fishing Foundation Expands Board
The new Board members include Toby O’Rourke, President & CEO, Kampgrounds of America, Inc.; Douglas Craven, Natural Resources Director, Little Traverse Bay Bands of the Odawa Indians; Wayne Hubbard, Host and Producer, Urban American Outdoors; and Ronnie Green, Professional Angler and Host of A Fishing Story.

Camping World Closes on Acquisition of Lazydays Elkhart
The deal is the fourth closed with the Lazydays RV dealer since February 20. The company announced in November 2024 that it was acquiring seven Lazydays locations from Lazydays Holdings, Inc.

Fiocchi of America Names Todd Ruff as Director of Sales
Huff worked for Remington Arms for over 17 years in various sales roles with increasing levels of responsibility over that period, culminating in VP of Sales.

Sig Sauer Prevails in Puerto Rico P320 Lawsuit after Plaintiff Admits No Defect
The U.S. District Court for the District of Puerto Rico has officially entered an Order dismissing a lawsuit alleging the P320 service weapon of police officer Elvis Ramon Green Berrios discharged without the trigger being pulled.

Duluth Trading Sees Q4 Results Hurt by Retail Stores, Fulfillment Issues
Direct-to-consumer net sales increased by 0.4 percent to $172.9 million compared to the prior-year fourth quarter driven by greater penetration of mobile. Retail store net sales decreased by 6.9 percent to $68.4 million.

Sam Sato Sets Retirement from Duluth Trading Company CEO Role
During the transition period through April 25, Stephen L. Schlecht, the company’s chairman of the Board, founder and former CEO, will assume day-to-day leadership of the company with Sato’s assistance.

NMMA 2024 Boating Report Finds Boat Owner Median Age is Now 60 Years Old
From January to December 2024, new powerboat retail unit sales fell by 9.1 percent, totaling 231,576 units, a significant year-over-year decline influenced by economic pressures and fluctuating consumer confidence.

Solo Brands Adds Certified Turnaround Professional to Board
Peter Laurinaitis received a BS in Accounting from the University of Central Florida, an MSA in Accounting from the University of Central Florida (UCF) and an MBA in Finance from the Wharton School of the University of Pennsylvania.