SGB Update Sportsmans

Winchester’s Sales Slide

Olin Corporation reported Winchester’s sales for the second quarter 2017 were $169.4 million compared to $181.0 million in the second quarter 2016.

Boot Barn’s Q1 Beats Expectations

Sales grew 4.5 percent due to the opening of 11 new stores over the past twelve months, a 1.3 percent increase in same store sales, and sales from the recently acquired Country Outfitter site.

Big 5’s Q2 Sales Miss Targets

Big 5 Sporting Goods reported earnings in its second quarter rose 33.3 percent on improving gross margins and a 0.8 percent gain in same-store sales. But sales were lower than expected due to weakness in certain outdoor product categories related to firearms, camping and water sports.

Under Armour Reduces Outlook, Launches Restructuring

Under Armour Inc. reported second-quarter results that came in better than Wall Street’s targets but it lowered its outlook for the year while unveiling a restructuring plan that will result in job cuts.

Columbia Sportswear Sees 3 Percent Q2 Revenue Gain

Columbia Sportswear reported sales grew 3 percent in the second quarter, in line with plans, while announcing it had launched a Project CONNECT initiative to drive overall brand awareness and expand its digital and direct-to-consumer reach.

NSSF Declares August National Shooting Sports Month

The National Shooting Sports Foundation has declared August to be National Shooting Sports Month, a time to celebrate one of America’s great pastimes — target shooting — and to encourage newcomers and experienced shooters to #LETSGOSHOOTING.

Rocky Brands Returns To Profitability In Q2

Rocky Brands reported second quarter net income of $1.5 million, or 20 cents per diluted share, compared to a net loss of $1.8 million, or 23 cents, in the second quarter of 2016.

Bass Pro Settles Minority Hiring Lawsuit

Bass Pro agreed to pay $10.5 million to settle a nationwide class action case brought by the Equal Employment Opportunity Commission, according to the Houston Chronicle.