SGB Update Sportsmans
Northland Fishing Tackle Acquires Bagley Bait Company
Northland Fishing Tackle acquired Bagley Bait Company. The acquisition will grow Northland’s line of product offerings into new markets and product lines. Along with Bagley Bait Company, designer Jarmo Rapala joins the team at Northland.
Fort Worth, Lake Ray Roberts Poised To Host First Bassmaster Classic
For just the third time in the event’s history, the 2021 Academy Sports + Outdoors Bassmaster Classic will be coming to Texas as Fort Worth hosts the event for the first time.
5.11 Reopens Retail Stores
5.11, Inc., the maker of technical apparel, footwear and gear, announced it is gradually reopening its U.S.-based retail stores in light of the restriction lifts surrounding COVID-19.
American Outdoor Brands Prepares For Spin-Off With Name And Stock Ticker Symbol Change
American Outdoor Brands Corp. announced that it will change its name to Smith & Wesson Brands Inc., effective June 1. The change reflects the company’s preparation for the previously announced spin-off of its outdoor products and accessories business as a tax-free stock distribution to its stockholders.
German Precision Optics Teams With JES Marketing
German Precision Optics (GPO) USA, a leader in the engineering, design and development of premium binoculars, riflescopes and rangefinders, announced a partnership with JES Marketing for the western United States.
Northland Fishing Tackle Taps Gregg Wollner As CEO
Northland Fishing Tackle announces the naming of industry veteran Gregg Wollner as the new chief executive officer. Wollner has more than 25 years of fishing industry experience at Galyan’s Trading Company and Rapala.
Olin Announces Pricing Of Private Offering Of Senior Notes
Olin Corp., the parent of Winchester, announced the pricing of its previously announced private offering of $500 million aggregate principal amount of 9.5 percent senior notes due 2025.
Ducks Unlimited Joins Forces To Promote #ResponsibleRecreation
Ducks Unlimited (DU) has joined forces with other leading conservation organizations to spearhead #ResponsibleRecreation – a media campaign encouraging Americans to enjoy outdoor recreation while adhering to proper COVID-19 safety protocols.
Sturm Ruger’s Q1 Profits Climb 18.5 Percent
Sturm, Ruger & Company Inc. reported net earnings rose 18.5 percent in the first quarter on an 8.4 percent revenue gain.
Firearms Background Checks Surge Again In April
The FBI completed 1.68 million gun background checks in April, a hike of 69.1 percent compared to the April 2019 NSSF-adjusted NICS figure of 992,642.
Canada Bans Assault Weapons
Canada’s Prime Minister Justin Trudeau on Friday announced that assault-style firearms would be banned in the country.
NRA Cancels National Rifle & Pistol Championships Due To COVID-19
The National Rifle Association (NRA) has decided to cancel the 2020 NRA Precision Pistol Championships, July 1-5; NRA High Power Championships, August 9-25; and the 2020 NRA Smallbore Championships scheduled for July 23-August 4 due to the coronavirus.
Winchester’s Q1 Revenues Climb 20 Percent
Olin Corp. reported sales in its Winchester firearms segment were $188.0 million for the first quarter compared to $157.2 million in the first quarter 2019, representing a gain of 19.6 percent. The increase in sales was primarily due to higher commercial and military sales.
Vista Outdoor Sees Q4 Earnings Exceeding Guidance, Appoints CFO
Vista Outdoor expects fourth-quarter earnings to exceed expectations after seeing “strong demand” within its commercial ammunition, cycling and outdoor cooking categories, and also said it believes it has the financial flexibility required to navigate COVID-19’s impact. Vista Outdoor also appointed Sudhanshu Priyadarshi as CFO.
Firearm Industry Honors Senator Shelley Moore Capito As Legislator Of The Year
The National Shooting Sports Foundation (NSSF), the trade association for the firearm, ammunition, hunting, and recreational shooting sports industry, recognized U.S. Senator Shelley Moore Capito (R-WV) as the 2019 National Shooting Sports Foundation Legislator of the Year.
