SGB Update Sportsmans
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.”
Sturm, Ruger Q4 Profits Climb, Sales Gains Decelerate
Fourth-quarter earnings rose 27.9 percent while sales slowed to a 6.2 percent gain in the period.
Yeti Opens Flagship Store In Austin
The store will offer a host of events from live music to film screenings and community events.
Whink Products Partners With North Country Marketing
North Country Marketing specializes in the industries of hunting, shooting and archery.
Garmin Sees Robust Growth In Outdoor And Fitness In Q4
Garmin Ltd. reported fourth-quarter earnings on an adjusted basis were slightly down but well above Wall Street estimates. Strong double-digit growth was seen in its outdoor, fitness and marine segments.
Dick’s Opens Stores In Iowa, New York And Georgia
Grand opening celebrations for new stores in Davenport, IA, Queens, NY and Hinesville, GA will occur March 10 through March 12.
Sportsman’s Warehouse To Hold Grand Opening in Moses Lake, WA
The store will be the ninth Sportsman’s Warehouse location in the state of Washington and 77th overall.
VF Issues Soft Guidance For 2017
VF Corp. reported fourth-quarter earnings were down, in line with guidance. Among its major brands in the quarter, North Face was down 8 percent, Vans grew 14 percent, and Timberland gained 4 percent. The company provided a weak outlook for 2017.
Rocky Brands Posts Q4 Loss On Creative Recreation Charge
The fourth quarter of 2016 included a non-cash impairment charge related to the Creative Recreation brand of $3 million.
FGL Sports Sees 5.1 Percent Q4 Comp Gain
Canadian Tire reported same-store sales at its FGL Sports segment grew 5.1 percent in the fourth quarter. Comps at Sport Chek climbed 4.9 percent.
Cabela’s Q4 Profits Slide
Cabela’s Inc., which has reached an agreement to merge with Bass Pro, reported earnings 26.3 percent in its fourth quarter ended December 31 as sales fell 4.9 percent. U.S. comparable-store sales decreased 6.4 percent.
Sportsman’s Warehouse to Hold Grand Opening In Cedar City, UT
Sportsman’s Warehouse is opening ninth location in the state of Utah in Cedar City.
Gander Mountain Retains Houlihan Lokey In Review Process
The privately-held firm said it issued the statement because “recent speculative news articles” had caused concern among its partners.
MC Sports Files For Bankruptcy
MC Sports, the Michigan-based sporting goods chain, filed for Chapter 11 bankruptcy Tuesday. The company is moving to hold liquidation sales at all of its 68 locations, but will use the reorganization to seek a rushed alternative funding or to find a buyer that might keep the stores open.
