SGB Update Sportsmans
MidOcean And Cannon Safe Acquire Stack-On
MidOcean Partners and Cannon Safe Inc, a maker of home defense safes, have acquired Stack-On Products, an Illinois-based distributor of home safes, gun security products, garage storage and organizational products.
CODI Cash Flow Expands In Q2
Strong EBITDA growth came from its Advanced Circuits, Ergobaby, Manitoba Harvest and 5.11 subsidiaries.
Newell Brands’ Play Segment Sees Modest Q2 Decline
Pro forma core sales declined 1.2 percent as solid growth on Beverages, Coolers and Team Sports was more than offset by a decline on Fishing related to broad retail inventory destocking across specialty and mass retailers and the negative impact of a key retail customer bankruptcy.
Sturm Ruger Sees Q2 Revenues Slide 21.4 Percent
The 53 percent decrease in earnings is attributable to the sales decline, the unfavorable de-leveraging of fixed manufacturing costs due to the decline in production volumes, and the $2.5 million expense related to the recall of Mark IV pistols.
Cabela’s Profits Slide On Steep Revenue Drop
Cabela’s reported net earnings slid 24.9 percent after charges in the second quarter as same-store sales declined 9.3 percent.
Winchester’s Sales Slide
Olin Corporation reported Winchester’s sales for the second quarter 2017 were $169.4 million compared to $181.0 million in the second quarter 2016.
Boot Barn’s Q1 Beats Expectations
Sales grew 4.5 percent due to the opening of 11 new stores over the past twelve months, a 1.3 percent increase in same store sales, and sales from the recently acquired Country Outfitter site.
Big 5’s Q2 Sales Miss Targets
Big 5 Sporting Goods reported earnings in its second quarter rose 33.3 percent on improving gross margins and a 0.8 percent gain in same-store sales. But sales were lower than expected due to weakness in certain outdoor product categories related to firearms, camping and water sports.
Under Armour Reduces Outlook, Launches Restructuring
Under Armour Inc. reported second-quarter results that came in better than Wall Street’s targets but it lowered its outlook for the year while unveiling a restructuring plan that will result in job cuts.
Item Of The Day: SOG Baton Q4 Multitool
The Baton offers a unique design that folds into the shape of a common ink marker.
Escalade’s Q2 Revenues Climb 8 Percent
Escalade Inc. reported sales grew 8 percent in the second quarter while operating earnings expanded 11 percent.
Columbia Sportswear’s SVP Of Global Sourcing And Manufacturing Resigns
Columbia Sportswear Company announced the resignation of senior vice president of global sourcing and manufacturing, Steve Woodside, effective immediately.
Sportsman’s Warehouse To Open Location In Spokane Valley
Sportsman’s Warehouse is expanding its operations to include a new retail location in Spokane Valley, WA.
Columbia Sportswear Sees 3 Percent Q2 Revenue Gain
Columbia Sportswear reported sales grew 3 percent in the second quarter, in line with plans, while announcing it had launched a Project CONNECT initiative to drive overall brand awareness and expand its digital and direct-to-consumer reach.
ThermaCELL Heated Products Combines Forces With Heat Factory USA
Heat Factory USA will have an exclusive license to Schawbel’s heated products patented technology in the United States and Canada and will assume the day-to-day management of Schawbel’s existing heated products business.
