SGB Update Sportsmans

Dick’s Sporting Goods Shakes Up Leadership Team

Among other changes, André Hawaux, COO, is retiring while Lauren Hobart, formerly head of marketing, becomes president.
Keri Jones, formerly at Target, will join the company as EVP and chief merchant.

Canada Goose Opens Two International Flagship Stores

Continuing its global expansion, Canada Goose Holdings Inc. will open two flagship stores this fall, in London and Chicago. At the same time, the company announced the expansion of its e-commerce channel to seven European markets.

Vista Outdoor’s Q2 Earnings Tumble

Vista Outdoor Inc. reported a steep decline in profits in the second quarter ended March 31 due to an “unprecedented decline” in demand for firearms and ammunition and a number of restructuring initiatives. Revenues were down 5 percent.

Timberland Names VP, General Manager Of North America

Most recently, Tracy Smith served as president of U.S. operations for Geox, where he was responsible for managing the brand’s wholesale, retail and e-commerce businesses. Prior to Geox, Smith spent nearly 20 years at Cole Haan.

Sturm, Ruger’s Q1 Revenues Slide 3.3 Percent

The estimated unit sell-through of the company’s products from the independent distributors to retailers decreased 7 percent in the first quarter of 2017 from the comparable prior year period.

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.

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.