After last month’s surprise revelation that VSTO intends to sell its ammunition business, the company reported that net income in the fiscal second quarter ended Sep. 24 was halved to $44,422,000 from $93,455,000, on 13% lower revenues of $676,808,000 against $781,678,000.

Net income decreased 18% to C$4.1 million ($3.0 mm) in the fiscal second quarter ended Oct. 1, from C$5.0 million prior, on revenue that was up 1% (-3% CC) to C$281.1 million ($209.0 mm) from C$277.2 million, as the strengthening Euro against the Canadian dollar impacted results on a constant currency basis.

Improving margin profiles sent net income up 20% to $6,827,000 from $5,691,000 in Q3 even as the top line shrank 15% to $125,614,000 from $147,486,000, on 17% lower wholesale revenue of $99.7 million and a 5% gain in retail to $24.5 million.

Competing in a “challenging, promotion-rich” firearms marketplace, RGR’s net income fell by 60% to $7,431,000 in Q3 from $18,389,000, on 13% lower revenues of $120,893,000 compared to $139,390,000 in a seasonally slow quarter.

GRMN’s Fitness segment sales were up 26% to $352,976,000 from $279,875,000 in Q3, driven by growth across all categories, led by strong demand for wearables.

After a blistering start to the year that saw the running brand’s Q1 sales jump 20%, Brooks’ growth has slowed a bit, tallying a 5% improvement in the first nine months of 2023, including 7% higher North American sales.

MODG will pay about $29 million for certain assets from Invited, Inc., namely four BigShots Golf off-course golf locations, including one owned venue, three franchised venues, and development rights for other potential venues.

Handgun imports inched down 1% in June to 335,935 units, according to ITC data compiled by the NSSF, including a 5% drop in pistol imports to 294,424 units, while revolvers went up 50% to 41,511 units.

Hap Klopp is teaming-up with British entrepreneur Kim Winser OBE, and George Gregan, co-owner and director of the down-under Bahe yoga brand, to develop and introduce a new apparel collection.