SGB Update Sportsmans

Firearm Background Checks Bounce Back In March

Last month saw the most gun-related background checks run by the Federal Bureau of Investigation of any March on record, apparently sparked by concerns over heightened gun-control legislation following the Parkland, FL shooting.

CODI’s Debt Ratings Downgraded

Moody’s Investors Service downgraded Compass Group Diversified Holdings LLC’s Corporate Family Rating (CFR) to B1 from Ba3 for the company’s proposed refinancing of existing credit facilities.

Sellmark Corp. Announces Promotions

Sellmark Corporation promoted Jeff Murray to executive vice president of sales and Carl Stout to territory team senior sales manager.

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.

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.

Yeti Withdraws IPO Plans

Yeti Holdings Inc. has ended its plans to go public due to “market conditions.”