SGB Update Sportsmans
Winnebago Sales Decline Accelerates in Summer Quarter; Profits Nearly Halved
Revenues fell 34.6 percent to $771.0 million for the Fiscal 2023 fourth quarter ended August 26. Fiscal 2023 fourth quarter net income was $43.8 million, a decrease of 47.0 percent. Full year revenues were down $1.5 billion to $3.5 billion, a decline of 29.6 percent.
Explosion at Hornady Plant Kills One Employee, Injures Two
Hornady Manufacturing Company, the U.S. maker of ammunition cartridges, components and handloading equipment headquartered in Grand Island, NE, reported that an employee died in an explosion on October 13. Following an investigation, the cause was accidental.
Academy Sports to Open in Jefferson City
Academy Sports + Outdoors opened a store in Jefferson City, its eleventh location in Missouri, at 739 Stoneridge Parkway.
SFIA Launches Super Regionals Series
The Sports & Fitness Industry Association is launching a Super Regional Series in November, offering members, partners and industry leaders the opportunity to come together to discuss business insights and topics driving today’s sporting goods and fitness environment.
Under Armour Hires Gap Inc. Vet as Chief Supply Chain Officer
The company hired retail industry veteran Shawn Curran as chief supply chain officer, reporting to President and CEO Stephanie Linnartz. After three decades working at Gap, Inc., Curran will join Under Armour on October 16.
Sorel to Open Pop-Up in Brooklyn
The 900-square-foot space is opening from October 13 to 22 in the Williamsburg section of Brooklyn, NY and will be Sorel’s signature orange color.
KUIU To Open Dallas Store for Direct-to-Consumer Brand
The company said that based on the active consumer base in Dallas, it’s the ideal location for a brick-and-mortar store. KUIU said being DTC-focused provides the company with data and insights on its customers.
Capstone Precision Group Appoints U.S. Marketing Manager
Capstone Precision Group, the maker of Berger Bullets and Ammunition, appointed Kenneth Lin as marketing manager for U.S. operations.
Sportsman’s Warehouse Opens Second Store In Tucson
Sportsman’s Warehouse Holdings, Inc. reported it will open a second store in Tuscon and its tenth in Arizona. The 35,018-square-foot store at 5225 S. Calle Santa Cruz will host a grand opening on November 16.
AGM Global Vision Names President
AGM Global Vision, a manufacturer of electro-optics, night vision, and thermal imaging for hunting, appointed Mark Tarakanov as its new president. Tarakanov is one of the original founders of AGM Global and a seasoned industry veteran.
Gatorz Eyewear Hires New Head of Marketing
The performance eyewear manufacturer, appointed industry veteran Scott Sorensen as head of marketing, overseeing consumer and product marketing strategies, strengthening the brand’s positioning and executing growth initiatives.
Legacy Sports International Names Southeast Sales Director
Austin McCord is based out of the Ft Worth, TX area and is “strategically positioned to further the expansion of Legacy’s Howa, Pointer, Citadel, and Nikko Stirling brands.”
Taurus USA Names General Manager of Marketing
Caleb Giddings originally joined Taurus as marketing manager, after consulting on a project that would result in the award-winning Taurus 856 Executive Grade.
Hyosung Textiles Adds to Global Marketing Team
The company hired outdoor industry professional Laura Nilo as its U.S. marketing manager, West Coast, and marketing strategist Christiane Rauch as a senior consultant in Northern Europe for Hyosung Spandex.
Walmart Names VP, Walmart GoLocal
Walmart hired Rina Hurst as vice president of Walmart GoLocal, the retailer’s delivery service platform. Hurst joins Walmart from Shipt, where she was chief business officer.
