SGB Update Sportsmans
Wolverine Improves Margins in Tough Q4; Sees Double-Digit Decline for 2024
Fourth quarter revenue from the ongoing business was $521.2 million and declined 18.4 percent on a constant-currency basis, with all segments and brands posting declines.
Camping World Chair and CEO Named Executive Chair at Beyond, Inc.
Marcus Lemonis has been a director of Beyond since October 2023 and the chairman of its Board since December 2023. As executive chairman, he will work closely with the management team to lead and execute Beyond’s strategic priorities.
Malibu Boats, Inc. Sees C-Suite Shuffle; Re-Affirms Outlook
Ritchie Anderson, company COO, was promoted to president, effective immediately. Michael Hooks, chair of the Board, will become executive chair, effective immediately. CEO Jack Springer is leaving the company on/or before May 17, 2024.
Helinox Appoints New Global Executive Team
Andrew Shand was promoted to president and global chief operating officer following five years of building the company’s infrastructure and business in Europe.
Walmart Inc. Tops Wall Street Estimates in Strong Q4 Performance
Consolidated revenue was $173.4 billion for the fourth quarter, up 5.7 percent, or 4.9 percent in constant-currency terms, topping Wall Street estimates. Global e-commerce sales grew 23 percent for the period.
Winchester Parent Appoints New President and CEO as Sutton Exits Role
The parent company of Winchester Ammunition appointed Kenneth Lane as president, CEO and director of Olin Corporation, effective March 18. Current president and CEO Scott Sutton will step down on the same day.
Outdoor Specialty Retailer Slim Pickins Outfitters to Relocate Store
“We are excited to be on the ground floor of the growth in the tri-cities area … And it’s extra sweet to be located next door to the historic Smokestack Restaurant, where my parents hosted their wedding rehearsal dinner in 1991.” —Heather Dawes, Co-Owner, Slim Pickens Outfitters
January U.S. Census Bureau Retail Data Shows Consumers ‘Still Engaged’
January prices for goods reportedly came down, which affects sales figures even if the same number of items are sold, and increased prices for services pulled dollars away from retail purchases.
Dead Air Silencers Hires Customer Service Manager
The company hired Dallin Hanchett as customer service manager working from the new Dead Air Silencers headquarters in Heber City, UT.
Report: Demand for Camping Still Increasing; Supply Catching Up
The Dyrt, the app for camping availability, photos and reviews, released its 2024 Camping Report presented by Toyota Tacoma, identifying the trends and patterns shaping the future of camping.
Yeti Drinkware Surpasses $1 Billion in 2023; Cooler Recall Nets Margin Gain for Year
The net impact of recall reserves associated with the stop sale of certain soft coolers included in the recalls initiated in Q1 2023 had a 480 basis point impact on the increase in gross margin compared to the prior-year quarter.
Sitka Gear to Open First Southeast Store
The brand will open its third brick-and-mortar store in The Battery Atlanta with a grand opening for the community on February 24.
MidwayUSA Promotes Lenauer to Merchandising Manager
In his new position, Devin Lenauer will focus on growing the MidwayUSA brand of products through inventory management, sourcing, pricing, and promotion.
Wiley X to Assemble New Products in Frisco, TX Headquarters
“By bringing assembly of new products under our own roof we’re taking even greater control of the manufacturing process.”—Myles Freeman, President and Co-Owner, Wiley X
Report: January Year-Over-Year Retail Sales Trend Accelerates from December Trend
January sales were up in six out of nine retail categories on a yearly basis, led by online sales, health and personal care stores and clothing and accessory stores, and up in five categories on a monthly basis.
