SGB Update Sportsmans
Helen of Troy Home & Outdoor Segment Posts Fiscal Q3 Growth
The segment, which includes OXO, Hydro Flask and Osprey, increased 3.1 percent to $235.9 million for the three-month period ended November 30, compared to $228.9 million in the prior-year corresponding period.
Solo Brands Names Chris Metz as CEO; Company Cuts Full-Year Guidance
Revenue is now expected to be between $490 million and $500 million. This compares to our previous guidance of $520 million to $540 million. New CEO Chris Metz was, most recently, CEO of Vista Outdoor.
Wolverine World Wide Expects 2023 Results In Line with Estimates
The company expects to deliver financial results in line with previous guidance and achieving better-than-anticipated year-end debt and inventory levels.
Outdoor Recreation Roundtable Names SVP of Communications & Operations
Whitney Potter Schwartz will reportedly oversee branding and communications, strategy, and events for ORR and support the development and operations goals through new partnerships to “elevate” the organization’s policy objectives for the outdoor economy at the national level.
Clarus Ammo Business Sold to Owner of Savage Arms and Pure Archery
Clarus Corp. said in a regulatory filing that the entity acquiring Sierra and Barnes Bullets is Bullseye Acquisitions, LLC, an affiliate of JDH Capital Company, the owner of Savage Arms and Pure Archery.
NSSF: December Adjusted NICS Background Checks Climb 1.6 Percent
The National Shooting Sports Foundation (NSSF) reported that the December 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) number increased by 1.6 percent, its third consecutive positive month. For the year, adjusted checks were down 3.5 percent.
Report: U.S. Holiday Online Sales Grow 4.9 Percent
Online spending in the U.S. during the 2023 holiday season climbed 4.9 percent to $222.1 billion in November and December, according to Adobe Analytics. Growth was reportedly driven by sizeable discounts across electronics, toys and apparel, as well as increased usage of the flexible ‘Buy Now Pay Later’ payment option.
Lazydays Promotes Dillard to VP Operations
Amber Dillard was promoted to VP of operations, effective immediately. The company said Dillard’s tenure began in 2011, “reflecting over a decade of commitment and service to the company.”
Riton Optics Appoints Marketing Director
Riton Optics hired Trent Marsh as marketing director. Marsh has almost 15 years of experience as a marketer in the shooting sports industry, having worked in the UTV, trail camera and optics categories.
Dead Air Silencers Promotes Tarantino to Head of Channel Development
Dead Air Silencers promoted Tony Tarantino to the newly created position of senior director of channel development, responsible for executing strategies and programs at the dealer and consumer levels to increase brand exposure.
Hornady Names Director of Manufacturing
Hornady Manufacturing Company hired Scott McKelvey as director of manufacturing, oversee manufacturing processes throughout all production divisions.
Iron Valley Supply Co. Welcomes New CEO
Iron Valley Supply Co., the distributor of firearms and accessories, appointed Clay Halla president and chief executive officer.
Camping World to Acquire Two Locations in Louisiana
Camping World Holdings, Inc. announced plans to acquire Bent’s RV, with two locations in Boutte and Albany, LA. The company expects to close the transaction in the second quarter of 2024 and increase its Louisiana location count to four.
Colt CZ Acquires Grenade Launcher Technology
Colt CZ Group SE, through its subsidiary Colt, acquired the intellectual property rights for the Mk 47 Automatic Grenade Launcher, including the Fire Control, from General Dynamics Ordnance and Tactical Systems.
Academy Sports’ Former President Lands at Groundworks
Groundworks, the foundation and water management solutions company, hired Michael Mullican as CFO. Last October, Mullican stepped down from Academy Sports as president and CFO to pursue personal and professional opportunities.
