SGB Update Sportsmans
GOB Sales Start At Gander Mountain
Inventory liquidation sales are now under way at all Gander Mountain store locations. As reported, Camping World has agreed to acquire a minimum of 17 stores and expects to reopen locations following the liquidations.
Academy Sports Launches “For All. For Less” Campaign
The three 30-second broadcast spots are rooted in the idea that the joy of sports and the outdoors should be accessible to everyone.
Cabela’s Q1 Same-Store Sales Fall 8.9 Percent
Cabela’s reported first-quarter earnings decreased 16.7 percent as consolidated comparable store sales decreased 8.9 percent.
Winchester’s Sales Slide 11.5 Percent
Olin Corporation reported Winchester sales for the first quarter were $162.6 million compared to $183.7 million in the first quarter of 2016
CODI’s Cash Flow Expands In Q1
Compass Diversified Holdings (CODI) reported cash flow grew in the first quarter due to year-over-year earnings growth in the company’s Clean Earth, Sterno Products, ERGObaby and 5.11 businesses, offset by declines at the company’s other businesses, including Liberty Safe.
Bogs Sales Drop Double-Digits In Q1
Bogs’ first-quarter net sales were down 21 percent, reflecting the continued softness in the outdoor and better footwear channels.
Dick’s To Open Three New Stores In May
With the grand opening of these new stores in San Diego, CA, Lake City, FL and Bellingham, WA, Dick’s will have 694 locations in the country.
Bowtech Archery Hires Matt Katzfuss As Territory Manager
Katzfuss brings 15 years of experience in the archery industry to Bowtech.
Black Diamond’s Director Steps Down
Black Diamond Inc. announced that Robert Schiller has resigned as executive vice chairman and director in order to pursue other interests.
Trump Commits To Gun Rights At NRA Convention
President Donald Trump stated, “The eight-year assault on your Second Amendment freedoms has come to a crashing end.”
Camping World to Assume A Minimum Of 17 Gander Mountain Locations
Camping World teamed with a group of liquidating firms, Gordon Brothers Group LLC and Hilco Merchant Resources LLC, to win the auction of Gander Mountain’s assets. The winning bid valued at $390 million to $400 million, according to people familiar with the proceedings.
Bass Pro Founder Partners With Tiger Woods
Bass Pro Shops founder and CEO Johnny Morris announced a collaborative partnership with 79-time PGA Tour winner Tiger Woods and the Payne Stewart family that includes plans to create the first-ever public access golf courses designed by TGR Design, the golf course design firm led by Woods.
NSSF Praises Passage Of Sunday Hunting Law In West Virginia
The National Shooting Sports Foundation (NSSF), the trade association for the firearms, ammunition, hunting and shooting sports industries, applauded West Virginia Gov. Jim Justice’s signing of of SB 345 into law, expanding Sunday hunting on private land with written permission.
West Marine Logs Q1 Loss
West Marine Inc. reported first quarter 2017 net revenues were $129.1 million, a decrease of 1.0 percent compared to the same period last year. Comparable store sales were flat.
Report: Sportsman’s Warehouse Steps Up As Bidder For Gander Mountain
Sportsman’s Warehouse is planning to make a bid in bankruptcy court to acquire up to 80 percent of Gander Mountain’s stores, sources told Bloomberg.
