SGB Update Sportsmans
American Baitworks Acquires Southern Lure Company
American Baitworks Co. has acquired Southern Lure Company, one of the pioneering brands in the industry with more than 30 years of experience designing and developing frogs and other products for topwater fishing.
Court Rules Remington Can Be Sued Over Newtown Shooting
The Connecticut Supreme Court has reinstated a wrongful death lawsuit filed by the families of nine victims of the Sandy Hook Elementary School shooting against Remington Arms, the manufacturer of the rifle used in the shooting.
Bass Pro Shuttering Facilities In Sidney, Oshkosh In Nebraska
Bass Pro Shops announced it will be closing a distribution center in Sidney, NE, the former hometown of Cabela’s, as well as a merchandise return center in Oshkosh, NE. A total of 162 jobs will be affected.
American Outdoor Brands To Merge Electro-Optics Into Outdoor Products & Accessories Segment
American Outdoor Brands, the parent of Smith & Wesson, reported earnings in the third quarter ended January 31 before charges exceeded guidance as sales grew 2.9 percent year-over-year. But an impairment charge was taken to merge its Electro-Optics division with its Outdoor Products & Accessories division.
Academy Sports Signs On As Presenting Sponsor Of Bassmaster High School Series
Academy Sports + Outdoors announced a partnership with B.A.S.S. that will help both organizations continue to grow the sport of fishing for years to come.
Firearms Background Checks Drop In February
FBI background checks, as adjusted by the NSSF, were down 12.8 percent in February to 1.11 million, a decrease of 12.8 percent compared to the February 2018 NSSF-adjusted NICS figure of 1.27 million.
Camping World Delays 10K Filing
Camping World Holdings Inc. announced that has filed a Form 12b-25 with the U.S. Securities and Exchange Commission providing the company a 15-day extension to file its Annual Report on Form 10-K for the year ended December 31, 2018
House Passes Gun-Control Measure Expanding Background Checks
The Democratic-led House on Wednesday passed an expansion of background checks for nearly all gun sales. The measure extends background checks to guns purchased outside of licensed gun dealers.
Academy Sports To Open Five Stores
Academy Sports + Outdoors announced plans to open five stores. The stores will open in Georgetown, TX; Buford, GA; Gastonia and Mooresville NC; and Ardmore, OK.
NSSF Partners To Launch Gun Safety Videos For Children
The National Shooting Sports Foundation (NSSF) has partnered with the National Crime Prevention Council (NCPC) to produce two new firearms safety videos starring McGruff The Crime Dog and his nephew Scruff to help teach young children how to react should they see an unsecured firearm.
Rocky Brands Q4 Profitability Shows Further Improvement
Rocky Brands Inc. reported earnings rose 28.6 percent in the fourth quarter on an adjusted basis. The gains reflect improved gross margins due to segment mix, increased manufacturing efficiencies and improved full priced selling. Wholesale sales increased 3.4 percent.
SportChek’s Comps Climb 2.5 Percent In Q4
Canadian Tire Corp. reported SportChek’s comps were up 2.5 percent in the fourth quarter and 2.0 percent for the full year
Yeti Holdings Q4 Profits Jump
Yeti Holdings Inc. reported a sharp jump in net earnings in the fourth quarter as revenues climbed 19 percent. The company expects sales to climb between 11.5 percent and 13 percent in 2019.
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.
