SGB Update Sportsmans
Sportfishing Leaders Converge On Washington
During the association’s annual spring meeting, the American Sportfishing Association’s (ASA) Government Affairs committee discussed a variety of sportfishing policy positions and outlined the association’s agenda for the coming months.
CODI Proposes Debt Offering
Compass Diversified Holdings (CODI) plans to commence an offering of $400 million of senior unsecured notes due 2026 in a private offering.
Vista Outdoor Names Chief Financial Officer
Vista Outdoor Inc. named Miguel “Mick” Lopez as the company’s senior vice president and chief financial officer.
Gander Outdoors Opens In Gastonia, NC
The 42,000-square-foot store will be one of six Gander Outdoors retail locations in North Carolina.
Camping World Secures Third Amendment To Its Credit Facility
Camping World has secured a third amendment to its credit facility that reduces its interest rate and increases the term loan facility by $250 million.
Sportsman’s Warehouse’s Q4 Earnings Slide On Margin Pressures
Sportsman’s Warehouse Holdings Inc. reported fourth-quarter earnings on an adjusted basis slid 20 percent and missed guidance due to “an elevated promotional backdrop and a tax-reform driven investment in our associates.” Same-store sales sunk 4.5 percent, in line with guidance.
Remington’s Bankruptcy Latest Trouble For Firearms Industry
The firearms industry suffered another blow Sunday when, as expected, Remington Outdoor Co. filed for Chapter 11 protection in the U.S. Bankruptcy Court for the District of Delaware.
Yeti Withdraws IPO Plans
Yeti Holdings Inc. has ended its plans to go public due to “market conditions.”
Gander Outdoors Prepares For Grand Opening In Greenfield, IN
The 45,000-square-foot store will be one of three Gander Outdoor retail locations in Indiana.
Burris Company Names Logan Holtz Digital Marketing And Social Media Manager
Burris Company, Inc. known for its precision-made optics under the Steiner and Burris brands, announced Logan Holtz as its new digital marketing and social media manager.
Remington Outdoor Files For Bankruptcy
Remington Outdoor Co. Inc. as expected, filed for bankruptcy protection in Delaware to to execute a debt restructuring deal.
L.L. Bean To Open Its First Boston Store In April
Opening-day festivities will include the Red Sox World Series trophies and former star players Jim Rice, Luis Tiant and Dennis Eckersley.
Gander Outdoors Opens Locations in In Chambersburg, PA And Forest Lake, MN
Gander Outdoors, formerly known as Gander Mountain, has opened locations in Chambersburg in Pennsylvania and Forest Lake in Minnesota.
Dick’s CEO Pens Op-Ed Urging Congress To Act On Guns
In an op-ed in the Washington Post, Ed Stack, CEO of Dick’s Sporting Goods, urged Congress to pass stricter gun laws. He wrote in part, “The majority of Americans are demanding that members of Congress take a stand and be brave enough to do their jobs.”
NSGA Sports Participation Study Shows Mixed Performance
Early figures from the 2018 edition of the NSGA’s Sports Participation showed continued participation gains in Open Water Sports and Outdoor Activities while declines were suffered in Team Sports, Fitness Activities, Shooting Sports and Indoor Games.
