SGB Update Sportsmans

June Retail Jobs Increase But Trade War Could Turn Confidence

Retail industry employment in June increased by 50,200 jobs unadjusted over the same time last year despite a seasonally adjusted drop from May of 25,800, the National Retail Federation said Friday. The numbers exclude automobile dealers, gasoline stations and restaurants. Overall, U.S. businesses added 213,000 jobs over May, the Labor Department said.

Firearms Background Checks Slump In June

 The June 2018 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 892,479 is a decrease of 12.2 percent compared to the June 2017 NSSF-adjusted NICS figure of 1.02 million.

Trijicon To Acquire AmeriGlo

Trijicon Inc., the provider of aiming solutions for the hunting, shooting, military and law enforcement markets, announced that it has entered into an agreement to acquire AmeriGlo, a leading supplier of U.S. made night sights.

American Outdoor Brands Q4 Revenues Sink 25 Percent

American Outdoor Brands, the parent of Smith & Wesson reported earnings before special items tumbled 58.2 percent in the fourth quarter ended April 30 on a 24.9 percent drop in revenues. James Debney, CEO, said, in  a statement, “Fiscal 2018 was a year characterized by lower consumer demand for firearms, heightened levels of inventory in the consumer channel, and a host of aggressive, industry-wide promotions.” 

American Sportfishing Association Elects Board Members For 2018

Four members of the American Sportfishing Association (ASA) were elected to fill two at-large seats and two regional seats on the board of directors. Their terms begin October 1 and they each will serve three-year terms. ASA is the trade association that represents the recreational fishing industry. 

May Retail Sales Up 5.6 Percent Over Last Year

May retail sales increased 0.7 percent seasonally adjusted over April and 5.6 percent unadjusted year-over-year as a growing economy prompted consumers to continue to spend, the National Retail Federation said Thursday. The numbers exclude automobiles, gasoline stations and restaurants.

American Medical Association Endorses Gun Control

The American Medical Association (AMA) endorsed a slate of gun control measures, including a ban on assault-type weapons. The nation’s leading organization of medical professionals described gun violence as a “public health crisis.”

Good Sportsman Marketing Sold To Sentinel Capital Partners

Huron Capital announced the company has sold the company’s controlling interest in Good Sportsman Marketing LLC (GSM) to Sentinel Capital Partners after successfully growing the business through expanded distribution, new product introductions, and multiple add-on acquisitions.

NRF: Retail Imports To Hit Record Numbers This Summer

Imports at the nation’s major retail container ports are expected to set record numbers this summer and fall even as the debate over trade and tariffs continues in Washington, according to the monthly Global Port Tracker report released Thursday by the National Retail Federation and Hackett Associates.