SGB Update Sportsmans
Liberty Ammunition Names Company Controller
Liberty Ammunition hired Cheri Ady as controller overseeing the company’s financial structure.
NSSF Takes Exception With President Biden’s Gun Control Executive Order
NSSF, The Firearm Industry Trade Association, is taking exception with President Joe Biden’s Executive Order to increase gun control measures. In the name of “doing something,” the Biden administration is chilling fundamental Constitutional rights and simply rehashing existing law, many of which were previously supported by the firearm industry.
Sporting Goods Retail Industry Icon Jim Chick Passes Away
The National Sporting Goods Association shared that former NSGA board member and board chair, Jim Chick, passed away. Chick was president & CEO of Chick’s Sporting Goods, headquartered in Covina, CA, for nearly 40 years. He was a member of the NSGA board of directors from 1985 to 1994 and was the board chairman in 1992.
Stio To Open Mountain Studio In Bozeman
Stio reported it will open a tenth Mountain Studio in Bozeman, MT this fall. This follows the company opening an East Coast Studio in Boston and its first in South Lake Tahoe, scheduled to open on March 24.
Fieldsheer Names Chief Revenue Officer
Fieldsheer promoted John Cacopardo as chief revenue officer to lead sales, marketing and customer service.
Pard Optics Designates Sports South As Distributor Partner
Pard Optics designated Sports South as an authorized Pard distributor. Established in 1841, Sports South is one of the oldest and largest distributors of firearms, ammunition and accessories in the United States.
Henry Repeating Arms Issues Recall On Lever Action .45-70 Rifles
Henry Repeating Arms reported a safety issue affecting specific lever action .45-70 Gov’t rifles manufactured between December 14, 2022 and January 11, 2023.
NRF Opposes Corporate Tax Rate Increase In Biden Admin Budget
The National Retail Federation has issued the following statement from SVP of Government Relations David French in response to President Biden’s proposed budget for fiscal year 2024.
Banks To Pause Implementation Of New Merchant Code For Firearms Retailers
NSSF, The Firearm Industry Trade Association, said it is encouraged by the announcement from Visa and MasterCard that the companies will “pause” plans to implement a special Merchant Category Code (MCC) specific to purchases at firearm retailers with their credit cards.
Smith & Wesson’s Q3 Profits Drop 52 Percent
Smith & Wesson Brands reported earnings declined 51.9 percent in the third quarter ended January 31 as sales declined 27.4 percent. The firearms maker said the sales improved sequentially and remain above the comparable pre-pandemic quarter in fiscal 2020.
American Outdoor Brands’ Q3 Sales Drop 27.4 Percent
Profits at American Outdoor Brands, Inc. dropped 77.0 percent in the third quarter ended January 31 as sales fell 27.4 percent. The maker of outdoor and hunt accessories lowered its outlook for its fiscal year.
Solo Brands, Inc.’s Q4 Wholesale Sales Surge Nearly 200 Percent While DTC Slips
Solo Brands, Inc., parent company of the Solo Stove, Chubbies, Oru Kayak, and Isle brands, saw net sales increase 11.8 percent to $197.2 million in the fourth quarter ended December 31, compared to $176.5 million in the fourth quarter of 2021.
Bushmaster Adds Director Of Sales
Bushmaster hired Bill Gentry as director of sales. The company said that Gentry brings 17 years of industry knowledge and experience and has been a passionate defender of the Second Amendment his entire carrier.
ASA Report: Economic Contributions Of Recreational Fishing
The American Sportfishing Association (ASA) released its 2023 Economic Contributions of Recreational Fishing: U.S. Congressional Districts Report, an update to the data collected by the ASA in partnership with Southwick Associates.
Harvest Hosts To Acquire Brit Stops U.K. Motorhome Hosting Service
Harvest Hosts, a membership program that gives RVers access to RV camping options, is acquiring Brit Stops, a company that connects motorhome tourists in the U.K. with a network of small businesses and farms where they can stay overnight free while patronizing the local businesses.
