SGB Update Sportsmans
Kovix Moves Headquarters to Montana
Kovix, a manufacturer of titanium suppressors, announced that it has relocated its headquarters from Lake Norden, SD, to Kalispell, MT, to be more centrally located for its operations.
Univ of Michigan Consumer Sentiment Index Shows Strong Recovery in February
U.S. consumer sentiment rose to a six-month high in February, although concern for job insecurity and inflation remained widespread, according to the University of Michigan’s monthly survey.
Benelli Presents 2025 Sales Rep of the Year Awards
Each year, Benelli USA honors outstanding sales reps and agencies nationwide who “consistently exceed expectations, deliver best-in-class support to dealers and partners and drive growth across the Benelli, Franchi, Stoeger, and Uberti USA brands.”
Johnson Outdoors Rides Fishing Segment to 31 Percent Q1 Growth; Net Loss Shrinks
The parent of the Jetboil, Old Town, Minn Kota, Humminbird, and ScubaPro brands, posted a strong fiscal first quarter on the top line with double-digit sales increases in each of its product segments.
Sturm, Ruger President Joins NSSF Board
The National Shooting Sports Foundation (NSSF), the trade association for the firearms industry, elected Todd Seyfert, president and CEO of Sturm, Ruger & Company, Inc., to its Board of Governors.
Malibu Boats Posts Q2 Loss on Lower Sales, Cost Pressures
Malibu Boats Inc. reported a loss in the fiscal second quarter ended December 31 due to a sales decline of 6 percent and higher labor and materials costs. Steve Menneto, CEO, said, “While demand remains choppy, we are operating efficiently, seeing success in our centralized sourcing model, and maintaining disciplined production and healthy dealer inventory levels.”
MasterCraft Boat Holdings Posts Posts Strong Sales and EPS Growth in Fiscal Q2
The Tennessee-based parent of the MasterCraft, Crest, and Balise boat brands, reported net sales for the fiscal 2026 second quarter ended December 28 grew 13.2 percent year-over-year to $71.8 million.
Marine Products Corporation Sees Q4 Net Sales Jump but Net Income Shrinks
The parent of the Chaparral and Robalo boat brands reported Q4 net sales increased 35 percent year-over-year to $64.6 million, primarily due to a price/mix increase of 12 percent and a 22 percent increase in the number of boats the company sold during the quarter.
MasterCraft Boat Holdings to Acquire Marine Products Corp. in $232 Million Deal
The Tennessee-based parent of the MasterCraft, Crest, and Balise boat brands plans to acquire the parent of the Chaparral and Robalo boat brands in a cash-and-stock transaction valued at approximately $232.2 million, net of acquired cash.
Boot Barn Sees Fiscal Q3 Results Top Guidance, Same-Store Sales Jump 6 Percent
Boot Barn Holdings, Inc. reported earnings in the fiscal third quarter ended December 27 climbed 14.2 percent, driven by a 5.7 percent increase, topping company guidance. The Western-themed footwear retailer expects fiscal fourth-quarter comps to climb 3.0 percent to 5.0 percent.
Bish’s RV Acquires Cordelia RV, Expands into Northern California
Bish’s RV, based in Meridian, ID, has expanded into Northern California through the acquisition of Cordelia RV in Fairfield, CA.
Silent Steel USA Appoints VP of Sales & Marketing
Specializing in the manufacture of modular, stainless steel firearm suppressors and muzzle devices, Silent Steel hired Kim Jensen as VP of Sales & Marketing. Most recently, Jensen served as vice president of Sales & Marketing at X-Vision Optics.
Report: U.S. Manufacturing Sector Expands in January for First Time in 12 Months
Economic activity in the manufacturing sector expanded in January for the first time in 12 months, preceded by 26 consecutive months of contraction, reported the nation’s supply executives in the latest ISM Manufacturing PMI Report.
Blue Compass RV Sets New Hires, Promotions
Blue Compass RV, which operates over 100 RV dealerships in 33 states nationwide, announced a series of key leadership appointments and internal promotions, including a new SVP of Sales Operations, a VP of Used RV Sales, and a president of the Motor Home Specialist.
Winchester Ammo Q4 Profits Tumble on Pricing Pressures
Olin Corp. reported that its Winchester segment plunged in its fourth quarter due to promotional pricing in the ammunition category and rising raw material costs. Sales rose 3.2 percent, as higher military sales and military project revenue offset lower commercial ammunition sales.
