SGB Update Sportsmans
American Baitworks Takes 50 Percent Stake in STH Bait Co.
American Baitworks Co. has completed their investment in STH (Set The Hook) Bait Co., a tackle company with a focus on finesse fishing tackle for Smallmouth and Largemouth Bass, Panfish and Walleye.
Pradco Outdoor Brands Acquires Gene Larew Lures
Pradco Outdoor Brands, a leader in fishing and hunting products, announced that it has acquired Gene Larew Lures, a Tulsa, OK company that manufactures and sells fishing lures under its Gene Larew, Bobby Garland and Crappie Pro brands.
Kroger Joins Walmart In Asking Shoppers To Leave Guns Home
Kroger, the nation’s largest grocer, joined Walmart in asking shoppers not to openly carry guns in any of its stores.
Walmart To Limit Ammunition Sales, Stop ‘Open Carry’ In Stores
Walmart said it will stop selling certain forms of ammunition, ask customers to no longer openly carry guns in their stores, and call on President Trump and other lawmakers to pass background checks legislation.
S&P Lowers Outlook On Bass Pro On Weaker First-Half Results
Standard & Poor’s Corp. revised its outlook on the debt ratings of Bass Pro Group to stable from positive following Bass Pro’s release of second-quarter and first-half results that were below its expectations. The rating agency affirmed all ratings, including the ‘B+’ issuer credit rating.
5.11 Tactical Appoints SVP And General Manager Of Omni-Channel Retail
5.11 Tactical, the maker of tactical apparel and gear, appointed Felipe Zardo to senior vice president and general manager of omni-channel retail. Previously the vice president of digital commerce at 5.11,
Tender Corp. Acquires Counter Assault
Tender Corporation announced the acquisition of Bushwacker Backpack & Supply, maker of the popular Counter Assault brand of personal-defense products, including the leading bear spray and tools for law enforcement and self-defense.
Ares Outdoors Acquires Hunting And Outdoor Apparel Brand Thlete
Ares Outdoors, LLC , based in Franklin, TE, has completed the acquisition of the assets of Thlete, LLC, an online retailer based in Eagan, MN.
Vista Outdoor Announces Sale Of Savage Arms
Vista Outdoor Inc. announced that it has completed the sale of its Savage Arms and Stevens firearms brands to a financial buyer for $170 million. The company’s transformation includes divesting both its eyewear brands and firearms brands in order to focus on categories where the company believes it can be market leaders.
MeatEater Acquires Hunting Apparel Brand First Lite
MeatEater Inc. announced its expansion from media into direct-to-consumer retail with the acquisition of hunting technical apparel and gear company First Lite.
Moody’s Confirms Camping World’s Debt Ratings, Outlook Negative
Moody’s Investors Service confirmed all ratings of Camping World, including the B1 Corporate Family rating, and assigned a negative outlook. Moody’s said, “”At present, both leverage and interest coverage are outside of Moody’s downgrade triggers, with sequential improvement beginning in Q2 necessary so that tangible progress towards levels more appropriate for the rating are achieved.”
Report: Remington Furloughing Workers At New York Plant
Remington Arms will partially close its plant in Ilion, NY this summer, furloughing about 500 workers, local leaders said.
Sellmark Acquires Kopfjager
Sellmark announced the addition of Kopfjager to the corporation’s family of popular brands.
Salesforce Bans Gun Dealers From Using Its Products
Salesforce, the leading provider of cloud-based software, is barring customers from using its system to sell semi-automatic guns and other firearms.
Firearms Background Checks Drop In March
FBI background checks, as adjusted by the NSSF, were down 12.4 percent in March to 1.31 million compared to the February 2018 NSSF-adjusted NICS figure of 1.5 million.
