SGB Update Sportsmans

Camping World Sets Succession Plan for Company President and CFO
Company President Brent Moody and CFO Karin Bell will resign effective July 1. On that date, Principal Operating Officer Matthew Wagner will be appointed president, and Principal Accounting Officer Tom Kirn will be appointed CFO.

VF Names Caroline Brown as TNF Global Brand President; Re-Works Board
As a result of her appointment, Brown resigned from VF Corp.’s Board of Directors. She served as an independent director on the Board from February 2024 to May 2024.

Kimber Partners with Lipsey’s, Adds Depth to Distribution
Lipsey’s is the latest authorized distributor Kimber added to its network, which includes the RSR Group, MGE wholesale, Orion wholesale, Kinseys and Grice wholesale.

Primary Arms Appoints New Director of Government Programs and Sales
Bob Protheroe reportedly brings over 30 years of experience in the industry, having held key leadership roles at Geissele Automatics, Beretta Defense Technologies, Steiner USA, Avon Protection Systems, Inc., Municipal Emergency Services, Inc., TVI Corporation, and Fisher Scientific.

Outdoor Rep Groups Form New Agency to Serve the Northeast
Ferguson-Keller, operating out of the Midwest, and Rogers Sports Marketing, operating out of the Southeast, created Gen 3 Outdoors to service the fishing, hunting and firearms, marine and related outdoor sports categories in the Northeast.

Duluth Holdings, Inc. Posts Wider Q1 Loss on Revenue Miss for Quarter
The company posted a net loss of $7.9 million in the first quarter, compared to a net loss of $3.9 million in the year-ago Q1 period. Loss per share doubled from a loss of 12 cents a share in the year-ago quarter to 24 cents per share in the 2024 Q1 period.

RVIA: RV Wholesale Shipments Again Led by Towables in April
Towable RVs, led by conventional travel trailers, ended the month up 14.2 percent from last April with 30,682 shipments. Motorhomes finished the month down 19.4 percent.

Wellness Pet Company Welcomes New Chief Marketing Officer
Giorgio brings 20-plus years of consumer marketing experience to Wellness Pet where she will serve as the creative force behind the company, leading brand strategy to engage next-gen pet parents.

NSSF Sees Sharp Decline in Handgun Imports in Latest Data from February
February Handgun imports decreased 28.7 percent year-over-year from February 2023. As part of the overall Handgun number, Pistol import units dropped 31.9 percent from the prior-year month but Revolver units increased 6.0 percent year-over-year.
Dick’s Sporting Goods Ups Full Year Outlook on Solid Q1 Results
The retailer saw mid-single-digit comparable stores sales growth in the first quarter ended May 4, but hurt by a much higher effective tax rate for the quarter that cut into any bottom-line benefits.

Vista Outdoor Sees Enhanced Ammo Business Bid from CSG; Again Rejects MNC Interest
An amended agreement with CSG, among other things, increases the base purchase price payable by CSG for the acquisition of The Kinetic Group business from $1.91 billion to $1.96 billion and increases the cash consideration payable to Vista Outdoor stockholders by $3.10 per share.

Hobie Appoints News Sales and Marketing Leadership to Drive Brand
The company promoted Joel McBride to VP of sales and hired James McBeath as director of marketing. They bring over 70 years of combined experience in adventure sports to Hobie.

Insite Performance Hires Nike Veteran as Director of Innovation
Dr. Caleb Dyer brings over a decade of experience to the role in engineering footwear polymers, having served as a material innovator, Polymer Lab manager and lead chemical engineer at Nike since 2012.

Report: Cities in Florida Top U.S. Charts in Freelancer Population and Revenue Growth
The 7th Annual Freelance Economic Impact Report also identifies major growth across Texas while traditional business hubs like San Francisco and New York remain stagnant.

Target Corp. Sees Flattish Bottom Line in Q1 as Comps Fall in the Mid Singles
Total revenue for the quarter was down 3.1 percent year-over-year to $24.5 billion, said to reflect a total sales decline of 3.2 percent and a 3.9 percent increase in other revenue.