SGB Update Sportsmans
Delta Apparel Posts Loss On Inflationary Pressures
Delta Apparel logged a loss in the fiscal first quarter ended December 31 due to inflationary raw material costs and production curtailment expenses. The company was impacted by reduced demand in the mass retail supply chain served by its Delta Direct channel.
Lippert Appoints Chief Technology Officer
Mark Woloszyk was promoted to Lippert’s chief technology officer. In this role, he will lead Lippert’s global product technology and innovation initiatives, reporting to Jamie Schnur, president of aftermarket and technology.
Four Seasons Investments Adds RV Rental Company To Portfolio
Four Seasons Investments acquired Scamper RV Rentals, based in Atlanta, which claims to be the largest camper van rental agency in Georgia and is also an independent consumer-direct builder of RV vans.
DLP Capital Acquires High-End RV Resort In Central Florida
DLP Capital, a private real estate investment and financial services firm, has acquired Ocala North RV Resort for a purchase price of $33 million.
Monster Meal Names Key Account Development Specialist
Fore Runner Feeds, LLC, following its recent acquisition of Monster Meal, named Nigel Fox as key account development specialist.
TriStar Arms Names Distributor Of The Year For 2022
Sports South, LLC earned the recognition for 2022 as being the greatest aid to TriStar in helping Americans enjoy shooting sports.
Brunswick Corporation Names President Of Mercury Marine
Brunswick Corporation named John Buelow EVP and president of Mercury Marine. He was previously VP, global operations, Mercury Marine and succeeds Chris Drees.
NICS Firearms Background Checks Up 6.5 Percent In January
The January 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1.27 million is an increase of 6.5 percent compared to the January 2022 NSSF-adjusted NICS figure of 1.19 million.
Daniel Defense Names New CEO
Daniel Defense, the manufacturer of firearms and accessories, reported that Rod Reasen will assume the role of chief executive officer. He will report directly to founder, owner and chairman of the board, Marty Daniel.
Johnson Outdoors Sees Weaker Fiscal Q4 Margins On Stronger Sales
Johnson Outdoors, Inc. is reporting higher sales and decreased earnings results for the company’s first fiscal quarter ending December 30, 2022.
Deckers Brands Lifts Outlook As Hoka’s Q3 Revenues Surge Over 90 Percent
Deckers Brands raised its guidance for its fiscal year as sales and earnings in the fiscal third quarter surpassed Wall Street’s consensus targets on a 90.8 percent jump in Hoka’s revenues. Ugg’s sales dipped 1.6 percent in the period.
Columbia Sees Q4 Net Income Fall 20 Percent Despite Solid Sales Growth
Columbia Sportswear Company reported that fourth-quarter net sales increased 4 percent (8 percent constant-currency) to $1.17 billion from $1.13 billion for the comparable period in 2021.
NRF Economist Sees 2023 Recession As Unlikely Prospect
The National Retail Federation Chief Economist, Jack Kleinhenz, believes a recession is unlikely in 2023, and the economy should see slight growth for the year as consumers continue to manage through inflation and high interest rates.
Brunswick Reports Double-Digit Fourth Quarter Sales Growth
Brunswick reported consolidated net sales of $1,58 billion in the fourth quarter of 2022, up
from $1,43 billion in the fourth quarter of 2021. Diluted EPS for the quarter was $1.93 on a
GAAP basis and $1.99 on an as adjusted basis.
American Outdoor Brands Files Suit Against Allen
American Outdoor Brands, Inc. filed a complaint against The Allen Company, Inc. alleging repeated infringement by Allen of American Outdoor Brands’ patent rights incorporated in a variety of products.
