SGB Update Sportsmans
American Outdoor Brands Lifts Annual Guidance On Robust Q2
American Outdoor Brands Corp., the parent of Smith & Wesson, reported earnings on an adjusted basis rose 74.6 percent in the second quarter ended October 31 as sales grew 8.9 percent.
5.11 Opens Store In Indianapolis
Tactical apparel and gear brand 5.11 has opened a brick-and-mortar retail store in Indianapolis, IN, providing another building block to 5.11’s 2018 retail expansion goal of 50 company-owned retail stores.
Mountain Khakis Promotes Victoria Payne To CFO
Mountain Khaki announced the recent promotion of Victoria Payne to CFO and vice president. Payne will lead all Mountain Khakis’ finance and operations activities.
Dick’s Saw 62 Employees Quit Over Gun Policy Change
Sixty-two employees quit in protest over Dick’s Sporting Goods’ change in its gun policies earlier this year, Ed Stack, the retailer’s chairman and CEO, said at a Wall Street Journal conference Tuesday. The exits were fewer than anticipated.
Moody’s Affirms Vista Outdoor’s Debt Ratings
Moody’s Investors Service affirmed all ratings for Vista Outdoor Inc. following the company’s refinancing its unrated credit facility. The rating outlook remains negative.
Sportfishing Industry Association Appoints New Atlantic Fisheries Policy Director
The American Sportfishing Association (ASA) has announced that Michael Waine, most recently a Fisheries Management Analyst with NOAA Fisheries, has joined the ASA staff as Atlantic Fisheries Policy Director.
Firearms Background Checks Drop In October
The October 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1 million represented a decrease of 11.2 percent compared to the October 2017 NSSF-adjusted NICS figure of 1.13 million.
BPI Outdoors Promotes Sebo To VP
BPI Outdoors, a leader in muzzle loading rifles and accessories with the CVA, Powerbelt, and Durasight brands, promoted Jason Sebo to the position of vice president of sales and marketing for its CVA division.
Sportsman’s Warehouse to Open Lansing, MI, Store in 2019
Sportsman’s Warehouse is opening a new store in Lansing, MI, in the summer of 2019. The Lansing location will introduce the Sportsman’s Warehouse brand to Michigan and will be the 93rd store in 24 states.
Dick’s Sporting Goods Raises Guidance After EPS Beat
Dick’s Sporting Goods Inc. on Wednesday raised full-year 2018 earnings per diluted share guidance to $3.15 to $3.25 from the previous range of $3.02 to $3.20 earnings per share after reporting a strong third quarter ended November 3.
Sportsman’s Warehouse Holdings Q3 EPS In Line With Estimates
Sportsman’s Warehouse Holdings Inc. on Wednesday reported diluted earnings per share for the fiscal third quarter ended November 3 of 29 cents. Adjusted diluted earnings per share of 26 cents was up from diluted earnings per share of 23 cents in the third quarter of fiscal year 2017 and in line with Wall Street’s targets.
Newell Brands Appoints Christopher Peterson CFO
Newell Brands on Monday announced the appointment of Christopher “Chris” H. Peterson as executive vice president, CFO, further strengthening the Newell Brands leadership team as part of the company’s accelerated transformation plan.
Vista Outdoor Completes Credit Refinancing
Vista Outdoor Inc. announced that it completed the refinancing of its existing senior secured credit facilities by replacing those facilities with a new asset-based revolving credit agreement and term loan credit agreements.
Bollé Brands Formed
A&M Capital has established a new holding company grouping the four eyewear brands – Bollé, Bollé Safety, Serengeti and Cébé – acquired from Vista Outdoor Group.
Escalade Sports Acquires Victory Tailgate
Escalade Sports, a wholly owned subsidiary of Escalade Inc., announced that it has acquired Victory Tailgate, a brand known for its premium licensed and custom tailgating games. The acquisition will significantly strengthen Escalade Sports’ leadership in the tailgating and lawn games’ categories.
