SGB Update Sportsmans

Hoist Appoints Board Chair
The manufacturer of “IV-level hydration,” announced that Gerry David has been appointed chairman of the board of directors.

VF Corporation Sees Fiscal Q2 Improvement But Americas Region Still a DD Drag
Revenue for the quarter amounted to $2.8 billion, down 6 percent year-over-year from the fiscal 2024 Q2 period. The company said the decline was a sequential improvement from the 10 percent decline in the fiscal 2025 first quarter.

Camping World Profits Plummet in Third Quarter on Lower ASPs
Profits at Camping World Holdings Inc. fell 73.9 percent in the third quarter ended September 30 due in part to lower average selling prices on new and used RVs. On a positive note, combined new and used same-store unit sales returned to positive growth.

Boot Barn Posts Another Strong Quarter; CEO to Exit to Ross Stores
Jim Conroy, the retailer’s CEO since 2012, is stepping down to assume the role of CEO of Ross Stores. John Hazen, Boot Barn’s chief digital officer, will assume the role of interim CEO.

Rural King Opens Newest Store in Hopkinsville, KY
The store boasts a wide range of outdoor lifestyle and work brands, including Ariat, Browning, Carhartt, Columbia, Frogg Toggs, Henry Rifles, Huk Apparel, Keen Utility, Plano, Realtree, Remington, Under Armour, and Wolverine.

Kampgrounds of America Hires SVP, Franchise Operations
Mark Lemoine reportedly brings first-hand franchise experience to KOA’s executive leadership team. He has owned and operated the Coloma/St. Joseph KOA Holiday in southwest Michigan since 2016.

Winnebago Industries Closes Out Fiscal Year with Q4 Loss; Shuffles Leadership Deck
CEO Michael Happe announced leadership changes focused on enhancing the Winnebago Motorhome and Winnebago Towables businesses, which he noted have underperformed in recent quarters.

RVIA: Travel Trailers Show Growth in Flattish September Shipments Report
The RV Industry Association reported that in its September 2024 survey of manufacturers, found that total RV shipments ended the month with 24,595 units, a decrease of 0.4 percent compared to the 24,700 units shipped in September 2023.

Winchester Ammunition Posts Solid Q3 Growth but Falls Short of Expectations
The 13.8 percent year-over-year sales increase was primarily due to higher international military sales, military project revenue and White Flyer sales, partially offset by lower commercial ammunition sales.

Columbia Brand Appoints Marketing Chief; Launches New Brand Vision
Matt Sutton, as senior vice president and head of marketing for the Columbia brand, was hired as the Columbia Brand has reportedly worked to bring a new strategic vision to life internally over the last few months.

Pure Fishing Lands Refinancing Deal on Outstanding Debt
As part of this transaction, the company entered into a new five-year, $750 million first lien credit facility with a consortium of lenders including Monarch Alternative Capital LP and Silver Point Finance as co-lead lenders.

Escalade Posts Q3 Sales Decline on Weak Consumer Demand, But Profits Up
While sales declined across most of the company’s channels during the third quarter, ESCA generated more than 13 percent year-over-year growth in international sales and 29 percent in owned e-commerce sales.

Ken Hicks Takes the Reins at PetSmart LLC
The former Foot Locker, Inc., Academy Sports + Outdoor, Inc. and JC Penney Chief Executive has been named President and CEO, effective October 31. Hicks will also serve on the company’s Board of Directors.

NRF Expects 2024 Holiday Spending to Reach New Record
Consumer spending on the winter holidays is expected to reach a record $902 per person on average across gifts, food, decorations, and other seasonal items, according to the NRF’s latest consumer survey conducted by Prosper Insights & Analytics.

FireDisc Cookers Adds Another Key Sales Agency to its Team
Continental Sales and Marketing is the company’s new independent sales rep partner for the hardware, sporting goods and grocery stores channels.