SGB Update Sportsmans
Vista Outdoor Ammo Brand Secures U.S. Special Operations Command Contract
The Federal cartridge selected during the one-year contract is for the 7.62×51 mm, 175-grain precision match rifle load. The ordering period is 12 months. Federal will reportedly produce the ammunition at its facility in Anoka, MN.
Vudoo Gun Works Appoints Chief Operating Officer
The U.S. firearms manufacturer, promoted Jack Oliver to chief operating officer. Most recently, he was the director of engineering.
MNC Capital Open to Make Direct Tender Offer to Vista Shareholders at $42 a Share
MNC said it is committing to its previously announced fully financed $42 per share all cash offer for Vista Outdoor Inc as a consolidated entity, and that it will not reduce the $42 per share price. Vista Outdoor is taking issue with the MNC media release.
American Outdoor Brands Promotes Kersker to VP of Outdoor Sales
Kersker joined the company in 2016 as a sales manager and was later promoted to director of sales. Most recently he was the senior director of sales.
Vista Outdoor Delays Stockholder Vote Again as CSG Raises Bid for Ammo Unit
In the latest chapter of a saga with more twists and turns than the election process in the U.S. this year, the Vista Outdoor Board of Directors will adjourn a special meeting of stockholders after CSG Group sweetens ammo deal.
Vista Outdoor Reaffirms Fiscal Year Guidance
The company sees consolidated company sales in the range of $2.665 billion to $2.775 billion and Adjusted EBITDA in the range of $410 million to $490 million for the fiscal year ended March 31, 2025.
Vista Outdoor Warns on Fiscal Q1 Sales, Profit Declines; Reaffirms FY Guide
Vista Outdoor reported preliminary results for the fiscal first quarter but did not report consolidated numbers, opting instead to report results for its two business segments, Outdoor Products and Sporting Products.
NMMA Promotes Berry to VP of Engineering Standards
Scott Berry has been with the National Marine Manufacturers Association since 2018, most recently as senior director of engineering. In his new role, Berry will take a greater leadership role in ongoing oversight of all certification programs.
The Conservation Alliance Welcomes New Executive Director
Hendricks joined TCA from Rivian, where he was the director of community sustainability. Before Rivian, Hendricks was an instructor in the University of Colorado’s Masters of the Environment Program and spent eight years leading Patagonia’s social and environmental impact initiatives.
Black Diamond Parent Taps Tripp Wycoff to Lead Rhino-Rack Americas Unit
Former Thule executive Tripp Wyckoff is now general manager of the Americas, David Cook is global head of OEM and Daniel Bruntsch is head of EMEA sales for the segment that manages the Rhino-Rack, Maxtrax, and Tred Outdoors brands.
Play It Again Sports Parent Sees Flat Q2 on Planned Decline in Leasing Revenue
The company recently made the decision to no longer solicit new leasing customers and pursue an orderly run-off of its middle-market leasing portfolio. Resulting leasing revenue was halved year-over-year.
Report: Fishing Participation Sees Growth But Too Much Turnover
The Recreational Boating & Fishing Foundation (RBFF) reported that the post-pandemic increase in fishing participation continues to set record numbers on the water; however, data from a recent report found that churn poses a challenge for the industry, especially among female participants.
U.S. Census Bureau Reports 1.3 Percent YoY Growth for June Core Retail Sales
June’s core retail sales as defined by NRF, based on the Census data but excluding automobile dealers, gas stations and restaurants, were up 0.9 percent seasonally-adjusted MoM and up 1.3 percent unadjusted YoY.
Recreational Boating & Fishing Foundation Adds to Board of Directors
Emily Cope, the deputy director of Wildlife and Freshwater Fisheries at the South Carolina Department of Natural Resources, was appointed to the RBFF Board of Directors, enhancing her extensive experience in wildlife and biology.
Sportsman’s Warehouse Appoints SVP of Marketing, E-commerce & Loyalty
Susan Sanderson is responsible for the company’s digital and traditional marketing, e-commerce, brand strategy, omni-channel experience, and loyalty programs.
