SGB Update Sportsmans
Big 5 Sporting Goods Misses On Income, Revenue
Big 5 Sporting Goods Corp. reported a net loss for the second quarter of fiscal 2018 of $0.2 million, or (1) cent per share, compared to net income for the second quarter of fiscal 2017 of $2.8 million, or 13 cents per diluted share. Analysts had expected a profit of 11 cents per share.
Gander Outdoors Opens Stores In Tampa & Pensacola, FL
Gander Outdoors, formerly known as Gander Mountain, is now open in Tampa and Pensacola, FL.
Buck Knives Appoints International Sales Manager
Buck Knives, leader in sports cutlery, has announced that Lindsey Phelps has joined the company as international sales manager.
Worldwide Distributors Names Sean Maygra President
Worldwide Distributors (Worldwide), the Kent, WA-based buying cooperative for independent retailers, has named Sean Maygra as president.
June Retail Sales Up 4.2 Percent Over 2017
June retail sales were up 0.07 percent seasonally adjusted from May’s strong performance and increased 4.2 percent unadjusted year-over-year as economic growth continued despite the U.S. trade war with China and other countries, the National Retail Federation said Monday. The numbers exclude automobiles, gasoline stations and restaurants.
Federal Ammunition Launches Enhanced New Website
Federal Ammunition launched a new website with enriched content, action photos and engaging videos to enable online visitors to fully explore the world of hunting and shooting sports.
Retail Imports To Set New Record This Month
Driven by increasing consumer demand and rising retail sales, imports at the nation’s major retail container ports are expected to set a new record this month even though new tariffs on goods from China just took effect, according to the monthly Global Port Tracker report released today by the National Retail Federation and Hackett Associates.
June Retail Jobs Increase But Trade War Could Turn Confidence
Retail industry employment in June increased by 50,200 jobs unadjusted over the same time last year despite a seasonally adjusted drop from May of 25,800, the National Retail Federation said Friday. The numbers exclude automobile dealers, gasoline stations and restaurants. Overall, U.S. businesses added 213,000 jobs over May, the Labor Department said.
Firearms Background Checks Slump In June
The June 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 892,479 is a decrease of 12.2 percent compared to the June 2017 NSSF-adjusted NICS figure of 1.02 million.
Retailers Say Customer Service Will Suffer Under ‘Deeply Flawed’ California Privacy Law
The National Retail Federation called new state privacy legislation expected to be signed into law in California today “deeply flawed” and said customer service could be severely hampered if the legislature fails to address retailers’ concerns before the measure takes effect in 2020.
Trijicon To Acquire AmeriGlo
Trijicon Inc., the provider of aiming solutions for the hunting, shooting, military and law enforcement markets, announced that it has entered into an agreement to acquire AmeriGlo, a leading supplier of U.S. made night sights.
Vista Outdoor Names President of its Blackhawk!
Vista Outdoor Inc. announced that Joshua Waldron will serve as president of the company’s Blackhawk! business unit.
American Outdoor Brands Q4 Revenues Sink 25 Percent
American Outdoor Brands, the parent of Smith & Wesson reported earnings before special items tumbled 58.2 percent in the fourth quarter ended April 30 on a 24.9 percent drop in revenues. James Debney, CEO, said, in a statement, “Fiscal 2018 was a year characterized by lower consumer demand for firearms, heightened levels of inventory in the consumer channel, and a host of aggressive, industry-wide promotions.”
American Sportfishing Association Elects Board Members For 2018
Four members of the American Sportfishing Association (ASA) were elected to fill two at-large seats and two regional seats on the board of directors. Their terms begin October 1 and they each will serve three-year terms. ASA is the trade association that represents the recreational fishing industry.
Otis Technology Appoints CEO
Otis Technology has appointed Larry Williams as chief executive officer, effective July 9.
