SGB Update Sportsmans
Brunswick Corp. Makes Changes To Segment Reporting
Brunswick Corporation updated its reportable segments from three to four—Propulsion, Engine Parts & Accessories, Navico Group, and Boat. The company’s previous Parts & Accessories reportable segment now splits into Engine Parts & Accessories and Navico Group.
NRF: Full Effect Of The Fed’s Monetary Tightening Has Not Shown Up
The National Retail Federation’s (NRF) Chief Economist, Jack Kleinhenz, believes its recently-published 2023 retail sales forecast was one of the most difficult written to date.
Lipsey’s Promotes Two In Top Leadership Shuffle
Firearms distributor Lipsey’s promoted company President Flint Virgets to executive industry director and SVP/CFO Mark Emonet to president. He retains his role as CFO.
Mastercard: March Retail Sales Up 4.7 Percent, Driven By Growth In Service Sector And Grocery
According to Mastercard SpendingPulse, which measures in-store and online retail sales across all forms of payment, U.S. retail sales, excluding automotive, were up 4.7 percent year-over-year in March.
Pure Fishing Appoints New CEO As Kent Moves To Board
Pure Fishing hired Dave Allen as CEO, replacing Harlan Kent, who moves into a new role as a member of the company’s board of directors and a special project advisor.
Meijer To Open Indiana Supercenter
Meijer will open a new 159,000-square-foot supercenter in Elkhart, IN, on May 11, making it the 11th Meijer store in Northern Indiana, and will include a Meijer Express gas station, scheduled to open on April 13 adjacent to the center.
Camping World Holdings To Acquire Arkansas RV Center
Camping World Holdings, Inc. reported it would acquire Breeden RV Center in Van Buren, AR. The acquisition, closing in the second quarter of 2023, will increase the company’s Arkansas location count to four.
Mtntough, Inc. Names Chief Marketing Officer
Mtntough, Inc. named Ryan Watson as chief marketing officer responsible for developing and monitoring the brand’s overall business marketing strategies, including market research, digital marketing, public relations and communications, and strategic partnerships.
Winchester Parent’s Debt Ratings Affirmed Despite Near-Term Demand Headwinds
S&P Global Ratings affirmed the debt ratings of Olin Corp., parent of the Winchester ammo brand, although the rating agency expects Olin’s credit metrics will deteriorate from record levels realized during the past two years, primarily as a result of weaker demand for epoxy resins and vinyls products
Costco Sees March Comps Slip On Changes in Gas Prices, FX Rates
Costco Wholesale Corporation reported net sales of $21.71 billion for the retail month of March, the five weeks ended April 2, 2023, representing an increase of 0.5 percent from $21.61 billion last year.
Walmart Sees 65 Percent Of Stores Serviced By Automation By 2026; Reiterates Guidance
Walmart Inc. kicked off its two-day 2023 Investment Community meeting this week, with leadership highlighting how the company is investing to strengthen its business through its people and an unparalleled, next generation supply chain network of stores, clubs and fulfillment centers.
TenPoint Crossbow Technologies Promotes Flaherty To Marketing Director
TenPoint Crossbow Technologies promoted Brian Flaherty to director of marketing. He joined the company in 2009, having previously worked in sales and marketing roles, most recently as marketing manager.
Rapala VMC Appoints Three Company Vets To Top Leadership Positions
The Board of Directors of Rapala VMC Corp. appointed Lars Ollberg as president and CEO, Cyrille Viellard as deputy CEO and Jean-Philippe Nicolle as CFO. Victor Skvortsov, EVP and head of Russian distribution resigned, effective immediately.
Steiner Optics Hires Firearms Industry Vet As National Sales Manager
Steiner Optics hired Dave Pasienski as the national sales manager, bringing nearly two decades of industry experience to the position.
Study: Mercury Marine Has $5.4 Billion Annual Impact On Fond du Lac, WI Area
According to a new study conducted by Envision Greater Fond du Lac, Mercury Marine (a division of Brunswick Corporation), headquartered in Fond du Lac, has a $5.4 billion annual economic impact on the local Fond du Lac community – an increase of almost 10 percent from just three years ago.
