SGB Update Sportsmans
Sportfishing Industry Association Appoints New Atlantic Fisheries Policy Director
The American Sportfishing Association (ASA) has announced that Michael Waine, most recently a Fisheries Management Analyst with NOAA Fisheries, has joined the ASA staff as Atlantic Fisheries Policy Director.
Firearms Background Checks Drop In October
The October 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1 million represented a decrease of 11.2 percent compared to the October 2017 NSSF-adjusted NICS figure of 1.13 million.
BPI Outdoors Promotes Sebo To VP
BPI Outdoors, a leader in muzzle loading rifles and accessories with the CVA, Powerbelt, and Durasight brands, promoted Jason Sebo to the position of vice president of sales and marketing for its CVA division.
Sportsman’s Warehouse to Open Lansing, MI, Store in 2019
Sportsman’s Warehouse is opening a new store in Lansing, MI, in the summer of 2019. The Lansing location will introduce the Sportsman’s Warehouse brand to Michigan and will be the 93rd store in 24 states.
Dick’s Sporting Goods Raises Guidance After EPS Beat
Dick’s Sporting Goods Inc. on Wednesday raised full-year 2018 earnings per diluted share guidance to $3.15 to $3.25 from the previous range of $3.02 to $3.20 earnings per share after reporting a strong third quarter ended November 3.
Sportsman’s Warehouse Holdings Q3 EPS In Line With Estimates
Sportsman’s Warehouse Holdings Inc. on Wednesday reported diluted earnings per share for the fiscal third quarter ended November 3 of 29 cents. Adjusted diluted earnings per share of 26 cents was up from diluted earnings per share of 23 cents in the third quarter of fiscal year 2017 and in line with Wall Street’s targets.
Newell Brands Appoints Christopher Peterson CFO
Newell Brands on Monday announced the appointment of Christopher “Chris” H. Peterson as executive vice president, CFO, further strengthening the Newell Brands leadership team as part of the company’s accelerated transformation plan.
Vista Outdoor Completes Credit Refinancing
Vista Outdoor Inc. announced that it completed the refinancing of its existing senior secured credit facilities by replacing those facilities with a new asset-based revolving credit agreement and term loan credit agreements.
Bollé Brands Formed
A&M Capital has established a new holding company grouping the four eyewear brands – Bollé, Bollé Safety, Serengeti and Cébé – acquired from Vista Outdoor Group.
Escalade Sports Acquires Victory Tailgate
Escalade Sports, a wholly owned subsidiary of Escalade Inc., announced that it has acquired Victory Tailgate, a brand known for its premium licensed and custom tailgating games. The acquisition will significantly strengthen Escalade Sports’ leadership in the tailgating and lawn games’ categories.
Newell Brands To Sell Pure Fishing To Sycamore Partners For $1.3 Billion
Newell Brands on Wednesday announced it has signed definitive agreements to sell Pure Fishing to the private equity firm Sycamore Partners for $1.3 billion.
Lew’s Holdings Acquires Southern Plastics
Lew’s Holdings Corporation, the supplier of fishing and hunting products through Lew’s, Strike King, and Hunters Specialties, announced that it has acquired Southern Plastics Company Inc., a manufacturer of soft plastic fishing lures.
Clarus Raises EBITDA Margin Outlook On Record Sales In Q3
Clarus Corp. on Monday raised its EBITDA margin outlook to 9.5 percent from 8.5 percent after the company reported sales for the third quarter ended September 30 jumped 22 percent to a record $55.7 million, which also beat Wall Street targets by $2.5 million.
NICS Checks Drop 11 Percent in October
FBI background checks, as adjusted by the NSSF, continued their trend of year-over-year declines, falling 11.2 percent to 1.0 million from 1.13 million in October 2017.
Vista Outdoor Lifts EPS Guidance On Cost-Reduction Initiatives
Vista Outdoor Inc. slightly raised its earnings guidance on an adjusted basis for the year as expectations for sales and earnings exceeded plans in the second quarter ended September 30. Shooting Sports segment generated sequential sales growth, while Outdoor Products segment sales remained flat adjusted for the sale of its eyewear brands.
