SGB Update Sportsmans
Newell Brands Appoints Peterson CEO, Saligram Retires
Newell Brands promoted current company President Chris Peterson as president and CEO, effective upon the conclusion of its 2023 Annual Meeting of Stockholders on May 16.
Newell Brands Outdoor & Recreation Core Sales Fall 21 Percent In Q4; Loss Widens
The Outdoor & Recreation segment, which includes Marmot, Ex Officio, Stearns, Bubba, Coleman, and Contigo, among others, generated net sales of $211 million in Q4 compared with $304 million in the prior-year period, reflecting a core sales decline of 21.0 percent.
Tractor Supply Extends CEO’s Contract; Shifts Board Leadership
Tractor Supply Company extended President and CEO Hal Lawton’s employment contract and key transitions on its Board of Directors. The Board of Directors elected long-standing member Edna Morris as Chairman of the Board.
Tetra Hearing Makes Three Key Hires
Tetra Hearing recently expanded its team with Shane Shoemake, Riley Qualls and Crews Holt to assist the company manager since launching three years ago.
Dick’s SG Plans 200 Trade-in Events In First Half Of 2023
Dick’s Sporting Goods and SidelineSwap are building on the success of the 60 trade-in events they executed in 2022 and expanding their partnership to offer 200 trade-in events in 19 states through the first half of 2023.
BJ’s Wholesale Club Adding First Store In Tennessee; Adds To Florida, Georgia
BJ’s Wholesale Club will continue its expansion of new club locations in the upcoming months, including opening its very first club in the state of Tennessee by the first half of the year.
Yamaha U.S. Marine Business Unit Promotes Tracy To VP
Yamaha U.S. Marine Business Unit has promoted Mark Tracy to vice president. He will continue to oversee Yamaha Marine Power Sales and marketing teams, with the added responsibility of the Marine Customer Experience team.
Thrasio Hires Amazon Vet As President, Chief Commercial Officer
Thrasio Holdings, Inc., parent company of Wise Owl Outfitters and more than 200 other Amazon and e-commerce brands, tapped Steven Shure as president and chief commercial officer. Danny Boockvar takes on a new position as president, mergers and acquisitions and new ventures.
Dick’s Announces Redemption of Outstanding 3.25 Percent Convertible Senior Notes
Dick’s Sporting Goods, Inc. has called all of its outstanding 3.25 percent Convertible Senior Notes due 2025 for redemption on April 18, 2023.
Wolverine World Wide Declares Cash Dividend
The Wolverine World Wide, Inc. Board of Directors declared a quarterly cash dividend of 10 cents per share of common stock.
Tractor Supply Raises Quarterly Dividend By 12 Percent
The Tractor Supply Company Board of Directors declared a quarterly cash dividend of $1.03 per share of its common stock, which represents an increase of 12 percent versus the prior quarterly dividend rate of 92 cents per share.
NRF: February Imports Expected To Be Lowest In Nearly Three Years
According to the Global Port Tracker report released by the National Retail Federation and Hackett Associates, import cargo volume at the nation’s major container ports is expected to drop to nearly its lowest level this month since the beginning of the pandemic.
Delta Apparel Posts Loss On Inflationary Pressures
Delta Apparel logged a loss in the fiscal first quarter ended December 31 due to inflationary raw material costs and production curtailment expenses. The company was impacted by reduced demand in the mass retail supply chain served by its Delta Direct channel.
Lippert Appoints Chief Technology Officer
Mark Woloszyk was promoted to Lippert’s chief technology officer. In this role, he will lead Lippert’s global product technology and innovation initiatives, reporting to Jamie Schnur, president of aftermarket and technology.
Four Seasons Investments Adds RV Rental Company To Portfolio
Four Seasons Investments acquired Scamper RV Rentals, based in Atlanta, which claims to be the largest camper van rental agency in Georgia and is also an independent consumer-direct builder of RV vans.
