SGB Update Sportsmans
April Retail Sales Up 2.8 Percent YOY
April retail sales increased 0.4 percent seasonally adjusted over March and 2.8 percent year-over-year as consumers continued to spend, the National Retail Federation said Tuesday. The numbers exclude automobiles, gasoline stations and restaurants.
Clarus Corp. To Expand In Utah
The Governor’s Office of Economic Development (GOED) in Utah announced Clarus Corporation, parent company of Black Diamond Equipment, will expand in Utah over the next eight years, adding up to 147 high-paying jobs, $8.9 million in new state revenue and $40 million in capital investment.
Academy Sports To Open New Store In Columbus
Academy, Ltd. (d/b/a Academy Sports + Outdoors), announced that it will open a new store in Columbus, GA, next month.
Mustad Appoints President, Americas
Mustad and Son, the maker of fishing tackle and accessories, announced that Jordan Davis has accepted the position of president, Americas.
Casey Donahew Partners With Pulsar Thermal And Night Vision
Sellmark Corporation announced that Country Music star and outdoor enthusiast Casey Donahew will be representing their Pulsar brand.
Bass Pro Shops & Cabela’s To Add Sunglass Hut Shop-In-Shops Across U.S.
Bass Pro Shops and Cabela’s together with Luxottica Group on Friday announced plans to roll out Sunglass Hut retail shop-in-shop concepts in approximately 160 locations across the U.S.
Bass Pro Cancels Plan For Palm Beach County Location
Bass Pro Shops has canceled plans for a store in Palm Beach County, Florida, according to the Palm Beach Post.
Mossberg Terminates Relationship With Dick’s Sporting Goods
O.F. Mossberg & Sons, Inc., the firearms manufacturer, announced the company’s decision to discontinue selling products to Dick’s Sporting Goods, and the company’s subsidiary, Field & Stream, in response to their hiring of gun control lobbyists in April.
Sturm Ruger’s Shareholders Vote For Gun-Risks Report
Shareholders on Wednesday voted to require Sturm Ruger to complete a report on the reputational and financial risks posed to the company by gun violence.
Gander Outdoors Opens In Appleton And Fort Worth
Gander Outdoors, formerly known as Gander Mountain, set grand opening celebrations for re-opened stores in Appleton, WI and Fort Worth, TX.
Sturm, Ruger & Co. Beats On Q1 Income, Revenue
Sturm, Ruger & Co. Inc. reported first-quarter earnings of $14.3 million, or 81 cents per share, on revenue of $131.2 million, which topped analysts’ expectations by 1 cent per share and $3.7 million, respectively.
NASCAR, Camping World Expand Partnership
NASCAR and Camping World have expanded their agreement to provide Gander Outdoors naming rights to the NASCAR Camping World Truck Series.
Camping World’s Q1 Sales Climb 20.4 Percent
Camping World Holdings Inc. reported adjusted earnings rose 16.5 percent in the first quarter on a 20.4 percent revenue gain.
Clarus Misses On Income As Sierra Acquisition Boosts Q1 Revenue
Clarus Corp., parent company of Black Diamond, Sierra Bullets and Pieps, reported net income for the first quarter ended March 31 improved to $0.4 million, or 1 cent per share, compared to a net loss of $1.5 million, or a loss of 5 cents per share, the same quarter a year ago.
Firearm Background Checks Slide In April
The Federal Bureau of Investigation (FBI) reported that adjusted firearms background checks (excluding permit checks and rechecks) were down 4.2 percent year-over-year (Y/Y) in April.
