SGB Update Sportsmans

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.

L.L.Bean To Open Second Store In Maryland
The store in North Bethesda will open this fall, in a two-level, 22,700-square-foot space, and employ around 75 people.
Obama’s 11th Hour Edict Labeled Anti-Fishing
B.A.S.S. joined the American Sportfishing Association (ASA) in calling on the Trump administration to put a hold on an order to ban lead fishing tackle and ammunition from land and water managed by the the U.S. Fish and Wildlife Service.
Capital One’s Credit Card Deal With Cabela’s To Miss Deadline
Capital One Financial Corp. indicated on Wednesday that it doesn’t expect to receive regulatory approval of its acquisition of Cabela’s credit card business prior to October 3, 2017, when the deal can be terminated by either party.
What Does Trans-Pacific Partnership’s Exit Signal For Free Trade?
Nike, Dick’s Sporting Goods, The North Face and Under Armour all openly supported the ambitious Pacific-Rim trade pact. New Balance and Patagonia stood out in the industry for opposing the deal.

Leatherman Names VP Of Manufacturing And Development
Before joining Leatherman, Fritz Kaufman worked from 1998 to 2013 as the vice president of manufacturing and engineering at Leupold & Stevens