SGB Update Sportsmans
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.
L.L.Bean To Open In Park City
The store will mark L.LBean’s first in Utah and its westernmost location.
Canada Goose To Open Store In Chicago
Canada Goose is planning to open a two-level store in the Park Hyatt hotel in Chicago, according to the Chicago Tribune.
Rocky Brands Q1 Profits Rebound
Rocky Brands Inc. reported a surge in earnings in the first quarter as sales rose 9.6 percent to $57.5 million.
Leatherman Launches Tool Tales Campaign
The manufacturer of multi-tools is showcasing real-life moments from fans depicting how Leatherman tools have helped them save the day in harrowing to hilarious ways.
Bass Pro Lowers Bid For Cabela’s
Cabela’s announced that it has amended the terms of the definitive merger agreement signed on October 3, 2016, under which Bass Pro Shops will acquire Cabela’s.
Guidefitter Selects Gray Loon Marketing
Gray Loon’s foundation is built on digital marketing, and will work with Guidefitter to develop a fresh approach, implementing public relations strategies to provide news in an ever-changing, interactive landscape.
Scout Boats Expands South Carolina Operations
The company is also adding multiple new boat models to its product catalog and bringing $10.9 million of capital investment.
NSSF Continues Support Of National Hunting And Fishing Day
This year’s NHF Day is set for Sept. 23 with NASCAR legend Richard Childress serving as honorary chairman.
Fishbrain Closes $3.7 Million Round Of Funding
The world’s largest app and social network for anglers closed a new $3.7 million round of funding with overall investments now totaling nearly $15 million.
Maurice Sporting Goods Expands Credit Facility
Maurice Sporting Goods gained additional capital to support the short term seasonal needs of the business, as well as to execute on the company’s long term strategic realignment.
Flambeau Outdoors Partners With Dunkin-Lewis, Thomas F. Gowen & Sons
“We’re confident that with over 300 new products launched in the past three years, these top-notch agencies have the tools needed to exceed customer expectations and increase market share,” said Flambeau president Chris Gurreri.
Sturm Ruger Repurchases Stock
Sturm, Ruger & Company Inc. announced that during the first quarter of 2017 the company repurchased a total of 1.07 million shares of its common stock in open market transactions at an aggregate cost of $53.4 million. T
NSSF: Firearms Up 168 percent Since 2008
The total economic impact of the firearms and ammunition industry in the U.S. increased from $19.1 billion in 2008 to $51.3 billion in 2016, a 168 percent increase, while the total number of full-time equivalent jobs rose from approximately 166,000 to more than 300,000, an 81 percent increase, according to NSSF.
