SGB Update Sportsmans
Big 5 Fights Off Liquidation Pressures in Q2
Big 5 Sporting Goods reported earnings fell 19.2 percent in the second quarter due to the impact of liquidation sales by Sports Authority and Sport Chalet but they still came in ahead of internal expectations.
Academy Sports Donates 5,000 Backpacks to Boys & Girls Clubs of Greater Houston
Academy Sports + Outdoors donated 5,000 total backpacks stuffed with essential school supplies to all 13 Boys & Girls Clubs across the Greater Houston area.
Sportsman’s Warehouse Opens New Store
Sportsman’s Warehouse opens its third New Mexico location in Las Cruces.
FFL Design Adds Challenge Targets
FFL Design announced that Challenge Targets is now offering their shooting products through the wholesale e-commerce platform Varmory.
Trijicon Acquires IR Defense
Aiming solutions provider Trijicon, Inc. has acquired IR Defense Corporation, a manufacturer of thermal viewing and aiming systems.
Compass Diversified to Acquire 5.11 Tactical
Compass’ acquisition of 5.11 adds tactical apparel and gear to its family of businesses.
Jarden Outdoor’s Organic Sales Flattish in Q2
Newell Brands Inc.’s reported organic sales at the former Jarden Outdoor Solutions segment grew a mere 0.5 percent in the second quarter with growth in Pure Fishing largely offset by weather related declines at winter sensitive businesses such as K2 Sports, Volkl and Marker.
West Marine’s Sales Dip, Despite Positive Comps
The retailer posted 1.1 percent comps growth thanks to robust online sales and growth in softgoods, fishing gear and paddle sports in the second quarter.
Columbia Sportswear Powers Through Q2
Columbia Sportswear Co.’s net sales grew 2 percent and set a record for the historically slow second quarter, despite double-digit declines at two brands.
Rocky Brands Posts Q1 Loss
Rocky Brands Inc. reported a slightly lower loss in its second quarter on a modest drop in revenues.
Cabela’s Q2 Profits Miss Street Targets
Cabela’s Inc. reported earnings adjusted for special items rose 1.7 percent but were two cents short of Wall Street’s consensus target.
EPA OKs Thermacell’s Zika Claims
Thermacell Repellents Inc. said the EPA has certified its products as effective repellents of the mosquito that transmits Zika virus and other diseases.
PolyOne Acquires Gordon Composites
PolyOne Corporation announced the acquisition of Gordon Composites on July 27, 2016.
David Labbe Begins Tenure as Chairman of NSGA Board
The National Sporting Goods Association’s Board of Directors recently announced David Labbe as their Chairman for the next two years.
Garmin Fitness and Outdoor Accelerate in Q2
Garmin Ltd. reported double-digit growth at its Fitness and Outdoor segments in the second quarter that enabled it to blow past Wall Street estimates and raise guidance
