SGB Update Sportsmans
South Florida Ventures Adds Newport International Boat Show to Growing Portfolio
The division of Informa Markets, Plc acquired the Newport International Boat Show from the Newport Restaurant Group, adding the show to its portfolio of boating and yachting events portfolio.
Liberty Ammunition Taps Odle Sales for Eastern U.S. Representation
Liberty Ammunition hired Odle Sales to represent the company in the eastern two-thirds of the United States.
RVIA Sees Strong Towables Shipments Offset Poor Motorhome Shipments
The January 2024 survey of manufacturers found that total RV shipments ended the month with 22,674 units, an increase of 11.1 percent compared to the 20,405 units shipped in January 2023.
Mossberg Adds New Premiere Distribution Partner
O.F. Mossberg & Sons, America’s oldest family-owned and operated firearms manufacturer, said that Orion Wholesale has grown into a premiere firearms distributor with a commitment to customer service, competitive pricing and timely deliveries.
Marmot, Coleman Parent Sets Board Refresh
Bridget Ryan Berman Will Succeed Robert Steele as Chair; James Keane Elected to Board of Directors
Sturm, Ruger Sees Inventory Levels Grow as Distributor Inventory Decreases
Sales of new products, which include only major new products that were introduced in the past two years, represented 23 percent of firearm sales in 2023 14 percent of sales in 2022.
Camping World Selling More New Models but Lower ASPs Cut into Revenues
New vehicle same-store unit growth turned positive beginning in December 2023, and January and February to date are trending up from mid-single-digit to low-double-digit growth, but dollar volume is suffering from lower average selling prices for new 2024 models.
Play It Again Parent Sees Growth Moderate in 2023 Second Half
Parent company of the Play It Again Sports franchisor and other retail resale banners, reported revenues for the year ended December 30, 2023 were $83.2 million, up from $81.4 million in 2022.
Garmin Posts Solid Q4 Growth in All Active Lifestyle Segments; EPS Up 27 Percent
The company reported that consolidated revenue for the fourth quarter was $1.48 billion, a 13 percent increase compared to the prior-year quarter, with growth across all segments except Aviation.
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.
