SGB Update Sportsmans
GoPro Inc. Sees Net Loss Expand More Than Four-Fold in 2020 Fourth Quarter
GoPro, Inc. posted revenue of $358 million for the 2020 fourth quarter, representing a 32.3 percent decline from the prior-year quarter. The net loss was $67 million for the period compared to a net loss of $15 million in the prior-year period.
NSSF Adds Two Board Members
NSSF, the trade association for the firearm industry, has added Laurie Lipsey Aronson and Marvin C. (Marty) Daniel to its Board of Governors.
Vapor Trail Acquires Stokerized Solid Aiming Solutions
Vapor Trail has acquired Stokerized Solid Aiming Solutions, Inc. Vapor Trail purchased the company on February 2, 2021.
NICS Background Checks Surge 75 Percent In January
The FBI completed 2.05 million million gun background checks on an NSSF-adjusted basis in January, a surge of 75.2 percent compared to the January 2020 NSSF-adjusted NICS figure of 1.17 million.
Firearms Trade Expert Joins Orchid
Orchid announced the appointment of Michael Andersen to the position of director of regulatory services. In this capacity, Andersen will lead Orchid’s international trade practice and will fulfill client needs related to ATF compliance, import/export licensing and firearm e-commerce regulations.
Clarus Sees 23 Percent Q4 Revenue Gain
Clarus Corp said it expects sales in the fourth quarter of 2020 to be approximately $75.0 million, a 23 percent increase year-over-year and ahead of guidance. Excluding the acquisition of Barnes, sales grew 12 percent.
Pure Archery Hires Appalachian Territory Manager
Pure Archery Group hired industry veteran Todd Wade as territory manager for Pennsylvania, Maryland and Delaware.
Bass Pro And Johnny Morris Announce Amateur Fishing Tournament
Bass Pro Shops and founder Johnny Morris announced plans Monday for a national amateur bass fishing tournament to kick off the company’s 50th Anniversary celebration. The event will offer the largest cash prize of any freshwater fishing tournament to date.
Dunham’s To Open Store In Salina, KS
Dunham’s Sports is opening a store at the Central Mall in Salina, KS.
Vista Outdoor’s Debt Ratings Upgraded
Moody’s upgraded the debt ratings of Vista Outdoor Inc. because Vista repaid a significant amount of debt over the last two years. The rating agency also expects the company’s operating performance to remain strong over the next 12 to 18 months as ammunition demand remains robust and as the company continues to work through its material backlog.
Gunwerks Makes Hires
Gunwerks, based in Cody, WY, hired Ryan Chalupsky as product development director and Neal Emery as director of brand experience.
Bowtech Archery Announces Partnership With BuckVentures
Bowtech Archery announced a new partnership with BuckVentures. BuckVentures is a source of hunting entertainment and education.
Blackbird Products Group Acquires American Buffalo Knife And Tool
Blackbird Products Group, LLC, parent company of Mammoth Coolers and Mammoth PPE Products, announced it has acquired American Buffalo Knife and Tool (ABKT).
Retail Sales Drop In December For Third Straight Month
Retail sales, excluding automobiles and gas, slid 0.7 percent in December compared to November, according to the Commerce Department, as a surge in coronavirus cases kept consumers away from stores during the critical holiday shopping season.
Tactical Solutions Hires Director Of Product Development
Tactical Solutions (TacSol) hired Steven Boelter to direct its product development. Boelter comes to Tactical Solutions after working for Anschutz North America over the past several years.
