The red ink kept flowing in Q2, with a net loss of $3,288,000 against a profit of $14,614,000 last year, on 12% lower revenues of $309,495,000 down from $351,021,000. Sales from 14 new doors were more than offset by a 16.1% negative comp. Store traffic failed to improve from Q1’s depressed levels, as a late spring and difficult macroeconomic environment hurt demand. Hunting was down nearly 18%, with ammo down 30% lapping last year’s strong sales of newly in-stock calibers, and firearms down 11%. Fishing dropped 11%, but picked up towards ... Log in to view full article.