SGB Update Sportsmans

NICS Checks Dip In February

The February 2023 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure of 1.34 million represented a decline of 0.6 percent compared to the February 2022 NSSF-adjusted NICS figure of 1.35 million.

Academy Sports And Outdoors Ups Quarterly Dividend By 20 Percent

Academy Sports + Outdoors, Inc.’s board of directors has declared a cash dividend with respect to the fiscal quarter ended January 28, 2023 of 9 cents per share of common stock of the company, a 20 percent increase from the previous quarterly dividend payment.

Vista Outdoor Appoints President, Simms Fishing

Effective immediately, Vista Outdoor, Inc. named Derek Tarlecki as president of its Bozeman, MT-brand Simms Fishing Products. Tarlecki has worked as its chief integration officer since September, following the retirement of Simms CEO Casey Sheahan.

BN3TH Appoints VP Of Sales

Men’s underwear and baselayer brand BN3TH promoted Matt Keenan to VP of sales, effective March 1.

Salt Life Inks Licensing Deal For Home Furnishings

Salt Life is expanding its product line to include the company’s first home furnishings collection—Salt Life Home—via a license agreement with Magnussen Home, offering U.S. customers coastal-inspired products for living, dining, entertainment, office, sleep, and other home spaces.

Compass Diversified Posts Q4 Loss Despite Mid-Single-Digit Growth

Compass Diversified (CODI), which owns Velocity Outdoor, BOA, Marucci, Primaloft, 5.11 and others in the active lifestyle space, reported net sales in the fourth quarter of 2022 were $594.9 million, up 6 percent (+4 percent on a pro forma basis).

Mossberg Reorganizes Sales And Marketing Department

O.F. Mossberg & Sons, Inc., the firearms manufacturer headquartered in North Haven, CT, made personnel changes in its sales and marketing department, with Bill Brown becoming senior director of product management and Brian Krouse taking on the role of director of sales, effective March 1.

Big 5 SG Sees Q4 Same-Store Sales Fall 13 Percent; Margins And Earnings Shrink

Big 5 Sporting Goods Corporation reiterated its fiscal 2022 fourth quarter net sales were $238.3 million, compared to net sales of $273.4 million for the fourth quarter of fiscal 2021. Same-store sales decreased 13.2 percent for the fourth quarter of fiscal 2022 compared to the fourth quarter of fiscal 2021.