SGB Update Sportsmans
Buck Knives Appoints Rep Of The Year
Buck Knives awarded its “2016 Sales Rep. of the Year” to Matt Hicks of Tackett Brothers, Inc. during the recent 2017 SHOT Show in Las Vegas.
Vista Outdoor Reports Steep Q3 Loss
Vista Outdoor Inc. reported a net loss of $377.7 million, or $6.44 a share, in its third quarter ended January 1, dragged down by a goodwill charge of $449.2 million.
Under Armour Receives Backlash Over Trump Comments
Under Armour is facing a social media backlash and boycott threats after CEO Kevin Plank on CNBC described President Trump as “an asset.” The brand’s biggest endorser, Stephen Curry, also expressed his dismay over the comments.
Mammoth Coolers Appoints Schooler Associates As Southwest Reps
Mammoth Coolers, a provider of rotomolded coolers, drinkware and accessories, appointed Schooler Associates as its new sales agency of record for Texas, Arkansas, Louisiana and Oklahoma.
Sportsman’s Guide Launches Firearms Compliance Solution
Sportsman’s Guide has introduced a cloud-based firearms compliance solution to streamline the firearms compliance process in its retail outlet store.
L.L.Bean Responds To Trump’s Travel Ban
Wrote L.L.Bean CEO Stephen Smith in an internal e-mail, “Recent national policy changes, while dominating the headlines and sparking a wide-range of opinion, are also creating confusion and concern within our family of great employees.”
United Sporting Companies Promotes Grace Brickle, Rob George
The nationwide distributor of hunting, outdoor and marine products, promoted Grace Brickle to director of human resources and Rob George to senior vice president of sales and marketing.
Firearms Background Checks Drop In January
The January decline comes after 19 straight months of record year-over-year increases under the Obama administration.
Gore Fabrics Division Establishes Ambitious Environmental Goals For 2020
Included in these goals is Gore Fabrics’ intent to eliminate PFCs of Environmental Concern from its consumer fabrics products as an important milestone in its long-term journey towards continuously reducing the environmental footprint of its products throughout their full life cycle.
Johnson Outdoors Sees 10 Percent Q1 Gain
Gains in fishing and diving in the seasonally slow first fiscal quarter ended December 30 offset declines in the camping and watercraft recreation segments.
Winchester Sees Q4 Sales Expand 3 Percent
Olin Corporation reported Winchester sales for the fourth quarter 2016 were $161.4 million, up from $156.7 million in the same quarter a year ago.
S&P Strips Under Armour Of Investment-Grade Rating
S&P wrote, “We now believe the company will generate about 10 percent sales growth annually and margins will be in the 12% range, which results in leverage slightly below 3.0x.”
Dick’s To Open Second New York City Store
Dick’s Sporting Goods is planning to open a new location in Forest Hills in March.
Buck Knives Appoints CFO And COO
Buck Knives announced that Trent Malone has joined the company as chief financial officer and Joe Piedmont has been promoted to chief operations officer.
Vista Outdoor Controller And Treasurer To Retire
Thomas G. Sexton has worked for Vista Outdoor and its predecessor companies since 1986.
