SGB Update Sportsmans

T-H Marine Acquires Blue Water LED Assets

T-H Marine Supplies, Inc., of Huntsville, AL, announced the acquisition of the assets of Blue Water LED Enterprises, LLC (Blue Water) of Lawrenceburg, KY.

Sportsman’s Warehouse’s Q1 Comps Climb 3.4 Percent

Sportsman’s Warehouse widened the company’s loss slightly in the first quarter, but both the loss and sales came in at the high end of expectations. Same-store sales were up 3.4 percent in the quarter ended May 5.

Sportsman’s Warehouse Amends Revolving Credit Facility And Refinances Term Loan

Sportsman’s Warehouse Holdings Inc. announced that, on May 23, 2018, the company amended an existing credit agreement to increase the borrowing capacity under the company’s existing revolving credit facility by $100 million to $250 million, subject to a borrowing base calculation, and to provide for a new $40 million term loan.

Sig Sauer Hires Brad Criner

Sig Sauer Inc., the maker of firearms, announced that Brad Criner has joined Sig Sauer as senior director, brand management and business development of ammunition.

Remington Exits Chapter 11 Bankruptcy

Nearly two months after filing for bankruptcy protection, Remington Outdoor Company claims the company has emerged after successfully implementing a plan that will reduce debt levels and provide more stable financing that may help the company ride out a slowing market for firearms.

Camber Outdoors Announces OR Summer Market Events

Camber Outdoors has announced its lineup of events during the Outdoor Retailer Summer Market 2018 in Denver, CO. The events are focused on advancing the active-outdoor industries through convening and conversations on equity, inclusion and intersectionality.

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.

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.