SGB Update Sportsmans
Luck E Strike Lures Acquired By Singer Toby Keith
Luck E Strike Corp., a fishing lure manufacturer headquartered in Cassville, MO, was reportedly acquired by country singer Toby Keith.
Sportsman’s Warehouse’s Q1 Same-Store Sales Slide 18 Percent
Sportsman’s Warehouse Holdings, Inc. reported a net loss of $15.6 million in the first quarter ended April 29. Same-store sales decreased 17.8 percent, and results were in line with company guidance. For the second quarter, the Hunt & Fish retailer forecasted a return to profitability, with same-store sales declining 17 percent to 9 percent year-over-year.
Savage Arms Expands Territory Responsibilities For Sales Agency
Savage Arms has relied on Jones & Company for sales representation for more than 35 years and has expanded the sales agency’s territory to include the Midwest and Western states for Savage Arms, while retaining Southern and TALO states.
RVIA: RV Shipments Down 45 Percent In April, Again Led By Towables
The results from RVIA’s (RV Industry Association) April 2023 survey of manufacturers found that total RV shipments ended the month with 31,216 units, a decrease of 45.4 percent compared to the 57,192 units shipped in April 2022.
MeatEater, Inc. Acquires Dave Smith Decoys
MeatEater, Inc. acquired Dave Smith Decoys (DSD), an industry leader in realistic hunting decoys and gear. The move marks the company’s latest strategic acquisition in high-performance outdoor products.
Kampgrounds Of America Buys Back Oldest KOA Campground And Two Yellowstone Locations
Kampgrounds of America, Inc. (KOA) reported it purchased three KOA properties—Billings KOA Holiday in Billings, MT, Yellowstone Park/West Gate KOA Holiday and Yellowstone Park/Mountainside KOA Holiday located near West Yellowstone, MT. Billings KOA Holiday, opened in June of 1962 and holds the designation as the first KOA campground.
Amazon: Independent Sellers In The U.S. Sold More Than 4.1 Billion Products In 2022
More than 60 percent of sales in Amazon’s store are from independent sellers—most of which are small and medium-sized businesses—providing a vast selection of amazing products, competitive prices, and great convenience for consumers.
Colt CZ’s Sales Decline 15 Percent In First Quarter
Colt CZ Group reported operating earnings on adjusted basis fell in the first quarter ended March 31 as sales were down 15.2 percent.
KOA: Air Travel Issues Lead Leisure Travelers To Find Alternatives In 2023
The Kampgrounds of America, Inc. Monthly Research Report, May 2023 Edition, points to continued issues with air travel causing leisure travelers, and especially campers, to seek alternative modes of travel in 2023.
NMMA: Recreational Boating’s Economic Impact Soars To $230 Billion
NMMA released new data that found that the annual economic impact of recreational boating increased 36 percent, from $170 billion in 2018 to $230 billion in 2023.
RVIA: 44 Million Americans Plan To Go RVing This Summer
The RV Industry Association reported in a recent survey of America’s leisure travelers that 44 million consumers plan to RV this summer, including 12 million who said they plan to RV this Memorial Day weekend.
Dick’s SG Posts 5.3 Percent Comp Sales Growth In Q1; EPS Up 38 Percent
Dick’s Sporting Goods reported net sales for the fiscal first quarter rose 5.3 percent to $2.84 billion from $2.70 billion in the prior-year Q1 period. Comparable store sales grew 3.4 percent
Walmart Opens First Market Fulfillment Center In Arkansas Store
Walmart opened its first high-tech Market Fulfillment Center (MFC) in Arkansas at Store 100 in Bentonville, underlining the retailer’s strategic move to expand using its stores as fulfillment centers to enhance the shopping experience.
Traeger, Inc. Hires EVP Of Engineering
Traeger, Inc. has hired Brendan Welch as EVP of engineering leading product development and technical execution for Traeger.
Outtech Sales Services Adds Scissortail Firearms To Sales Portfolio
Outtech Sales Services, LLC reported partnering with Scissortail Firearms, the exclusive U.S. importer of one of the oldest firearms manufacturers in the world, Sarsilmaz (SAR.)
