SGB Update Sportsmans
Foot Locker Announces 2018 Capital Allocation Plans
Foot Locker Inc. raised its quarterly dividend for the eighth consecutive year and set a $230 million capital expenditures program for 2018, compared to the approximately $270 million spent in 2017.
Rocky Brands Sees Profit Bounceback In Q4
Rocky Brands Inc. reporting earnings of $4.4 million, or 59 cents per share, in the fourth quarter, rebounding from a loss of $0.6 million, or 9 cents, a year ago. Sales were flat as declines in military sales offset gains in wholesale and retail sales. A focus on full-price selling for its branded work, western and outdoor footwear businesses contributed to better top and bottom line results.
New Poll: More Americans Blame Mass Shootings On Mental Health Than On Gun Laws
According to a new poll conducted from Washington Post-ABC News, 57 percent of Americans feel the mass shootings in the country are more a reflection of problems identifying and treating people with mental health problems versus 28 percent pointing to inadequate gun control laws.
Garmin Acquires Trigentic
Garmin Ltd. announced that it has acquired Trigentic AB, a privately-held provider of intelligent products, solutions and services in the areas of embedded systems, power supply and power distribution for the marine and recreational vehicle (RV) market. The Trigentic components are marketed and sold under the EmpirBus brand.
Cabela’s Headquarters Employees Receive Buyouts
The remaining employees at Cabela’s former headquarters in western Nebraska have received buyout offers, according to a report from World-Herald. The report indicated it’s not clear how many positions in Sidney, NE will be eliminated.
Trump Open To Improving Background Checks
The White House said Monday that President Donald Trump supported efforts to improve federal background checks for gun purchases. The news came days after a shooting killed 17 students and teachers at Marjory Stoneman Douglas High School, in Parkland, FL.
NBS Honors Dunham’s Ken Meehan
Nation’s Best Sports (NBS) awarded Ken Meehan, president of Dunham’s Sports, with the NBS Lifetime Achievement Award.
Big Rock Sports Merchandise Manager Retires
Big Rock Sports announced the retirement of senior merchandise manager Rocky Conroy.
Outdoor & Recreation Drives Newell Brands’ Play Segment Growth In Q4
Newell Brands reported sales in its Play segment climbed 6.6 percent in the fourth quarter. Core sales grew 5.4 percent, reflecting strong growth on Coleman, Contigo, Marmot and Team Sports partially offset by declines on Fishing.
Buck Knives Names Agency And Sales Representative Of The Year
At the recent 2018 SHOT Show, Buck Knives awarded their “2017 Sales Agency of the Year” to Tackett Brothers, Inc. and “Sales Rep of the Year” to Deb Garvick of Tackett Brothers, Inc.
L.L. Bean Sued For Removing Lifetime Return Policy
A customer has filed a lawsuit against L.L. Bean for ending its unlimited-return policy.
Dick’s Hikes Quarterly Dividend By 32 Percent
“The significant increase in our dividend demonstrates the strength of our balance sheet and the confidence we have in our company’s future,” said Edward W. Stack, Chairman and CEO. “We remain firmly committed to investing in the profitable growth of our business and returning capital to our shareholders.”
FGL Sports’ Q4 Sales Climb 5.5 Percent
Canadian Tire reported that sales at FGL Sports were up 5.5 percent overall and 5.8 percent on a same-store basis in the fourth quarter ended December 30.
January Retail Sales Climb 5.4 Percent
An improving economy fueled a healthy 5.4 percent increase in retail sales year-over-year, the National Retail Federation said. Among sectors, sporting goods stores showed the only year-over-year decrease, down 5.9 percent.
Shimano’s Profits Dip In 2017
Shimano reported earnings dropped 24.6 percent in 2017 despite a 4.0 percent gain in revenues.
