SGB Update Sportsmans
Newell Brands Sees Turnaround in Sight, but Outdoor Segment Continues Shrinking
The parent company of Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, saw the Outdoor segment fall 25 percent in Q1, reflecting a core sales decline of 20.3 percent and the impact of unfavorable FX and certain business exits.
Olin’s Winchester Segment Q1 Sales Grow on Stronger Ammo Shipments, White Flyer Deal
The increase in Winchester sales was primarily due to higher commercial ammunition shipments, higher domestic and international military sales, and White Flyer sales.
Columbia Sportswear Ups 2024 Profit Guide, Maintains Sales Decline
First quarter net sales decreased 6 percent to $770.0 million. The decline primarily reflects lower wholesale net sales in the U.S. and Canada, driven by retailer cautiousness, a challenging competitive environment and generally soft consumer demand.
Ammo, Inc. Acquires Tooling Manufacturer
The owner of GunBroker.com acquired a tooling manufacturer that provides resources toward the production of ammunition in its Manitowoc, WI factory.
Escalade Inc. Swings to Q1 Profit as Gross Margins Spike
Total net sales increased 0.7 percent year-over-year to $57.3 million in the first quarter, primarily due to a return in normalized seasonal demand for basketball products, outdoor games and archery.
Hiviz Shooting Systems Names VP of Sales & Marketing
The manufacturer of tritium/fiber-optic and fiber-optic sights for handguns, shotguns and rifles hired Joseph Smith as vice president of Sales and Marketing.
Crest Marine Expands Portfolio, Launches Balise Pontoon Boats
The Balise brand launched with two models, the Horizon and Helix. Both models are available in either 24- or 26-foot length. The launch is the culmination of nearly three years of consumer research, design and engineering, “redefining the way consumers experience on-water luxury and sophisticated entertainment.”
Report: Camping Sentiment Up in 2024 Despite Inflation Concerns
RMS North America conducted independent research on campers ages 18 to 60-plus to collect data on the differences between generations, but found similarities, too.
Helen of Troy Home & Outdoor Segment Keeps Company Positive in Q4
The Home & Outdoor segment, including the OXO, Osprey and Hydro Flask businesses, increased 5.4 percent in the fourth quarter, helping the parent’s consolidated sales trend positive with 1 percent growth.
Revelyst Hires Chief Supply Chain Officer
Effective April 22, Joe Beck, a longtime supply chain and business operations leader assumed the role as chief supply chain officer.
Mountain Khakis Appoints New Southeast U.S. Reps
Adventure Mountain Group, headed by CEO Tom Hammond, will represent the line in the Southeast U.S., along with his team of five.
Eagle Claw Fishing Tackle, Co. Names New Chairman
Outgoing Eagle Claw Fishing Tackle Chairman Lee McGill made the decision to step aside, effective April 9, naming Drew McGill as chairman of the Board of Directors from his most recent role as Vice Chairman.
Kent Outdoors Hires Rob Otto as CFO
Founded in 1959 in New London, Ohio, Kent Outdoors is a diverse platform of outdoor brands with a broad product set spanning personal flotation devices, wakeboards, water skis, towable tubes, snowboards, and more.
NRF Promotes Adam Lukoskie to Senior VP
The National Retail Federation promoted Adam Lukoskie, executive director of the NRF Foundation, to also serve as senior vice president of NRF.
Anechoic Names Regional Sales Director for TALO Territory
Brice Gallasso is reportedly a “distinguished law enforcement professional with over 14 years of experience and numerous instructor-level accreditations, making him a valuable addition to the Anechoic team.”
