SGB Update Sportsmans

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
Trump Calls Environmental Regulations ‘Out of Control’
In a meeting at the White House Tuesday with the top executives of the three biggest U.S. automakers, President Trump described environmental regulations as “out of control” and vowed to remove obstacles for manufacturers and oil companies.

Croakies Sold To Hilco Vision
Hilco Vision, based in Plainville, MA, said it is committed to ensuring Croakies maintains its strong footprint within the mountains of the American West, through the company’s Bozeman-based manufacturing facility.
NSSF Calls Foul On USFWS Director’s Parting Shot On Traditional Ammunition
The National Shooting Sports Foundation (NSSF), the trade association for the firearms, ammunition, hunting and shooting sports industries, condemned the decision by U.S. Fish and Wildlife Service Director Dan Ashe banning the use of traditional ammunition on service lands in just five years.
FDRA Expresses Disappointment In U.S. Withdrawal From TPP
The FDRA called the the U.S. Withdrawal from TPP a “significant lost opportunity for American footwear consumers and businesses.”