SGB Update Sportsmans
Gander Mountain Lands In Bankruptcy Court
Said Gander Mountain in a statement. “Like many retailers, Gander Mountain experienced challenging traffic patterns and shifts in consumer demand resulting from increased direct-to-customer sales by key vendors and accelerated growth of e-commerce.”
Rocky Brands Appoints CFO
Rocky Brands Inc. announced that Thomas Robertson has been appointed chief financial officer of the company.
Dick’s Sporting Goods Opens Three New Stores
The new stores will bring the retailer’s total to 685 Dick’s Sporting Goods locations in the country.
Firearms Background Checks Slide Again
Federal background checks fell for the third month in a row in February. Background checks were down 14.5 percent to 2.23 million versus year-ago levels in the month. In January, checks were down 19.7 percent to 2.04 million. In December 2016, checks were down 16.4 percent to 2.77 million. The decline is being attributed to […]
Dick’s Q4 Tops Guidance
Dick’s Sporting Goods Inc. reported first-quarter earnings on an adjusted basis grew 17 percent, ahead of Wall Street analysts, as same-store sales rose 5 percent. The nation’s largest sporting goods chain also forecast double-digit earnings gains in its initial forecast for 2017, although it’s targeting flattish first quarter profits.
American Outdoor Brands Cuts Outlook On Firearms Downturn
American Outdoor Brands, formerly known as Smith & Wesson, reported sales earnings on an adjusted basis grew 13.3 percent in its third quarter ended January 31 on a 10.8 percent revenue gain. However, the outlook for the current year was reduced due to a post-election slowdown in firearms sales.
American Outdoor Brands Plans To Establish New Distribution Center
The company’s plans to establish the new facility in Boone County, MO are contingent upon the approval of incentives, completion of due diligence and the finalization of agreements related to other terms and conditions.
Dick’s Sporting Goods Opens Two New Stores
The retailer will celebrate the opening of new locations in Norwalk, CT and Sunnyvale, CA.
Olin Corp. Promotes Fischer To Chairman
Olin Corp., a leading U.S. manufacturer of ammunition, announced that Joseph D. Rupp will retire as chairman on April 27. Olin president and chief executive officer John E. Fischer will become chairman, president and CEO effective the same day.
Remington Defends Itself Against 60 Minutes Segment
Remington issued a 2,161-word statement defending itself against a 60 Minutes episode that challenged the safety of its Model 700 rifles.
Carl Zeiss Sports Optics Appoints Director Of Sales
Carl Zeiss Sports Optics, a leading manufacturer of high performance sports optics, announced that effective January 30, 2017, Barton Dobbs has been promoted to the position of director of sales – Sports Optics division.
Bass Pro Shops Founder Earns Recognition For Conservation Efforts
Johnny Morris, founder of Bass Pro Shops, received special recognition during the 41st annual NWTF (National Wild Turkey Federation) Convention and Sport Show in Nashville.
Zanders Sporting Goods Appoints COO
Zanders Sporting Goods, a national distributor of firearms located in Sparta, IL, announced that Stefanie Zanders has been appointed vice president and chief operating officer.
Bass Pro Shops Announces 2017 Fitness Series Dates
Early registration opened for the 2017 Bass Pro Shops Fitness Series, the 11th annual lineup of races and runs celebrating health and wellness, outdoor adventures and wildlife conservation in the beauty of the Ozarks.
Under Armour To Reach Kohl’s In Early March
On a conference call with analysts, Kevin Mansell, Kohl’s CEO, said the company expects the Under Armour launch to be a “significant enough business in year one to add 75 basis points to 100 basis points to our overall company comp.”
