SGB Update Sportsmans
Sportsman’s Warehouse To Open Murfreesboro, TN, Store In Summer 2019
Sportsman’s Warehouse is planning to open a new store in Murfreesboro, TN, in the summer of 2019.
CRKT Appoints Industry Veteran Jeff Lunz As New CFO
Columbia River Knife and Tool has appointed Jeff Lunz as the company’s new CFO. A seasoned professional, Lunz worked with Gerber Legendary Blades for the past 14 years in accounting, planning, inventory and various director roles before ascending to VP of finance.
Big Rock Sports Recognizes Vendors In Nashville
Big Rock Sports recognized its vendor partners during January’s Nashville Outdoor Expo to spotlight those who went above and beyond in 2019. Specifically, the company spotlighted Pure Fishing, Leupold and Pradco Fishing.
Firearms Background Checks Turn Positive In January
FBI background checks, as adjusted by the NSSF, improved 3.4 percent in January to 988,160 from 955,466 in January 2018. The gain marked the first year-over-year improvement since March 2018.
Vista Outdoor Reduces Sales Guidance After Quarterly Miss
Vista Outdoor lowered its revenue guidance for its fiscal year ended March 31 after reporting sales dropped 20 percent in the third quarter. The company posted a loss of $514.6 million, or $8.94 a share, on a massive goodwill write-down but said earnings before charges exceeded Wall Street’s consensus estimates.
Inov-8 Returns As Official Footwear Brand Of OCR World Championships
Inov-8 for the second straight year will be the official footwear brand for the he Obstacle Course Racing World Championships in the U.K.
Academy Sports Appoints Steven Lawrence As EVP And Chief Merchandising Officer
Academy Sports + Outdoors announced that Steven P. Lawrence has been appointed executive vice president and chief merchandising officer, effective February 11. He was most recently CEO of Francesca’s and has also been chief merchandising officer at Stage Stores.
Mossy Oak Names J Scott Judy ProStaffer Of The Year
Mossy Oak announced that J Scott Judy is their 2018 ProStaffer of the Year. Mossy Oak’s winner is chosen from nearly 1,000 ProStaff members.
Former Cabela’s Employees Launch Highby Outdoors
A number of former Cabela’s employees, led by Matt Highby, have officially launched Highby Outdoors, an e-commerce site focusing on outdoor gear.
Winchester’s Revenues Drop 12 Percent In Q4
Olin Corp. reported Winchester’s sales for the fourth quarter 2018 were $145.5 million compared to $165.4 million in the fourth quarter 2017.
Moody’s Lowers Academy’s Debt Ratings Again
Moody’s Investors Service downgraded Academy’s debt for the second time since September 2018. The downgrades reflect Moody’s expectations for continued weak earnings and credit metrics in the near term, driven by a challenging operating environment, the transition of the company’s merchandising assortment, margin pressure from the mix shift to e-commerce and investments needed to improve the store and digital experience.
Yamaha Sponsors 2019 Major League Fishing Events
Yamaha announced that it has joined Major League Fishing (MLF) as an official outboard sponsor of the 2019 Bass Pro Tour.
NPD To Acquire Assets Relating To SportsOneSource POS Sports And Outdoor Tracking Business
The NPD Group has signed an agreement with SportsOneSource, LLC (SOS) to acquire assets relating to the company’s SSI Data POS Sports and Outdoor tracking business. SportsOneSource will continue to support the active lifestyle market through its SGB Media publishing properties, including SGB Update, SGB Executive and SGB Today.
Camping World Holdings Rolls Out Gander RV Super Centers
Camping World Holdings Inc. in an update said it has opened 12 Gander RV locations since the first opened in Kenosha, WI in the late summer of 2018. Eleven more are planned to open soon.
Firearms Background Checks Drop In December
FBI background checks, as adjusted by the NSSF, continued their trend of year-over-year declines, falling 7.8 percent in December to 1.49 million from 1.62 million in December 2017 on an NSSF-adjusted basis.
