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.
Item Of The Day: SOG Baton Q4 Multitool
The Baton offers a unique design that folds into the shape of a common ink marker.
Escalade’s Q2 Revenues Climb 8 Percent
Escalade Inc. reported sales grew 8 percent in the second quarter while operating earnings expanded 11 percent.
Columbia Sportswear’s SVP Of Global Sourcing And Manufacturing Resigns
Columbia Sportswear Company announced the resignation of senior vice president of global sourcing and manufacturing, Steve Woodside, effective immediately.
Sportsman’s Warehouse To Open Location In Spokane Valley
Sportsman’s Warehouse is expanding its operations to include a new retail location in Spokane Valley, WA.
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.
ThermaCELL Heated Products Combines Forces With Heat Factory USA
Heat Factory USA will have an exclusive license to Schawbel’s heated products patented technology in the United States and Canada and will assume the day-to-day management of Schawbel’s existing heated products business.
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.
MidwayUSA Promotes Dan Stokes To Development Operations Manager
MidwayUSA promoted Dan Stokes to the position of development operations manager.
Camping World Acquires Jack Sisemore Traveland
Camping World Holdings Inc., which acquired Gander Mountain and Overton’s earlier this year, acquired Jack Sisemore Traveland in Amarillo, TX.
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.