SGB Update Sportsmans
Smith & Wesson Lenders Expand Line Of Credit
The amendments provide the company with an increase in overall credit availability to $500 million from $225 million. The credit facility remains unsecured.
Gerber U.S. Plant Goes 24/7
Gerber, a producer of personal knives, tools and gear, said it has brought on a third shift at its Portland, OR manufacturing plant.
MidwayUSA Donation Benefits Youth Shooting Sports
Larry and Brenda Potterfield, owners of MidwayUSA, donated $128,610 to the MidwayUSA Foundation. The donation stems from a matching program offered by the foundation.
Mossy Oak Properties Opens Indiana Land & Lifestyle Office
The Rockville, IN location will be co-owned and operated by Jeff Michalic, Chad Renbarger and Kelly Hendricks.
Newell Brands Core Sporting Goods Sales Drop In Q3
Pro forma core sales, which exclude the Winter Sports business that is held for sale, declined 3.2 percent compared with prior year, with growth in Pure Fishing more than offset by declines in Coleman
Columbia Sportswear Slowed By Tepid Wholesale Orders
The company reported rapid growth in direct sales of its Columbia, Prana and Sorel brands and in China could not offset low orders from cautious U.S. retailers.
Moody’s Confirms Bass Pro’s Debt Ratings
The debt ratings had been placed under review for a possible downgrade following Bass Pro’s announcement that it planned to acquire Cabela’s.
Cabela’s Moves Ahead With New Store Design
Cabela’s Incorporated will begin construction on a newly designed store in Texas this year even as it awaits approval of its acquisition by Bass Pro Shops.
Boot Barn Posts Profit In Q3
Boot Barn reported a profit against a loss, helped by improving sales and lower expenses.
OpticsPlanet To Carry SB Tactical Brand Products
The site will add the SB Tactical line of Pistol Stabilizing Braces to its technical and high-performance offerings.
Honor Defense Partners With Outdoor Marketing Group
Honor Defense selected Outdoor Marketing Group as its southeastern sales representation.
Garmin Ltd. Raises Guidance
The company raised its revenue and EPS forecast to reflect better than expected growth at its fitness, outdoor, marine and aviation segments in the third quarter.
Shimano Corp. Net Sales Off 15.7 Through September
The decline from the first nine months of 2016 is due largely to continued high inventories at bicycle distributors in Europe, North America and China.
Mary Cabela Offers Support For Cabela’s Sale To Bass Pro
In the letter made public in a regulatory filing, the widow of Cabela’s founder Dick Cabela said her family “continues to trust the people at Cabela’s to do what is best for the company and everyone involved.”
Classic Bass Hires Operations Manager
Mark Schutz will be tasked with growing the sponsor portfolio for Classic Bass, as well as handling the management of Classic Bass events during the 2017 schedule.
