SGB Update Sportsmans
Report: First Quarter Results Show Economy is Slowing but “Remains Resilient”
Economic growth slowed during the first three months of the year, but consumers are still spending more than last year, according to recent comments from National Retail Federation (NRF) Chief Economist Jack Kleinhenz.
Nordstrom, Inc. to Open New Rack Location in Minnesota
The new 30,000-square-foot Nordstrom Rack store will be in Apple Valley, MN, and it is scheduled to open in spring 2025 in the Fischer Marketplace.
Recall: Arctic Cat Snowmobiles
Arctic Cat has received more than 200 reports of clutch failures, including six where clutch fragments hit consumers. Four of those included reports of minor foot and toe injuries.
Czechoslovak Group Names CEO of CSG USA
Paul Lemke is responsible for identifying opportunities for growth and innovation and for developing strategic trade relationships with key business segments, including the U.S. Armed Forces, law enforcement and other government agencies.
Kent Outdoors Hires Chief Supply Chain Officer
Dave D’Angelo brings over 25 years of experience in manufacturing, global operations and supply chain optimization to the company.
ZeroTech Optics Appoints Lead for International Sales
Before ZeroTech, James Head worked at Lightforce Group, the distributor of Nightforce in Australia, where he “significantly contributed to the expansion and success of the brand’s market reach.”
NSSF: April Adjusted NICS Background Checks Decline 11.2 Percent
For comparison, the unadjusted April 2024 FBI NICS figure of 2,240,434 reflects a 14.4 percent decrease from the unadjusted FBI NICS figure of 2,616,729 in April 2023.
Vista Outdoor Divests RCBS from Revelyst Outdoor Segment
RCBS manufactures ammunition reloading equipment for hunters, competition shooters and sporting enthusiasts. Through this transaction, Revelyst reported that it “found the right home for RCBS with Hodgdon.
Johnson Outdoors Profits Shrink on Mid-Teens Decline in Fiscal Q2 Sales
More than half of Camping’s decline was said to be due to the divestiture of the company’s Military and Commercial Tents (Eureka!) business last year and Diving sales were impacted by geopolitical issues affecting travel to certain regions of the world.
Clarus Sees Q1 U.S. Outdoor Wholesale Growth Offset by Weaker Europe and Distributors
The Black Diamond-dominated Outdoor segment sales were $47.0 million, compared to $52.8 million in the year-ago quarter, due primarily to weakness in European and independent global distributor markets, partially offset by growth in the North American wholesale channel.
Outerknown, Firewire Surfboards and Slater Designs Merge
Kelly Slater, the eleven-time World Surf League champion, announces that the brands, including Slater Designs Fin Company, LLC, DBA Endorfins, merged under a new holding company effective immediately
Compass Diversified Sees All Q1 Upside Coming from Branded Consumer Group
CODI saw first quarter sales increase 11.0 percent to $375.4 million on a pro forma basis in its Consumer Brands segment, which includes the 5.11, Boa, Primaloft and Velocity Outdoor brands in the active lifestyle market, among other consumer brands.
Camping World Holdings Sees Q1 New Vehicle RV Sales Up in Double Digits
New unit sales outpaced broader RV industry trends, driving record new unit market share for January and February. Same-store new vehicle unit volume increased double-digits in the quarter, with momentum continuing through April.
Garmin Ltd. Posts Strong Q1 Results with Gains Across All Segments
Revenue from the Fitness segment increased 40 percent, revenue from the Outdoor segment increased 11 percent and revenue from the Marine segment increased 17 percent for the quarter.
Daisy Manufacturing Acquires Compass Diversified’s Crosman Air Gun Division
The deal gives Daisy ownership of the designer, manufacturer and marketer of air guns, accessories and related consumables sold under the Crosman, Benjamin, Game Face, LaserMax and Centerpoint Optics brands.
