February 02, 2024 Johnson Outdoors’ Results Hurt by Soft Demand
Johnson Outdoors’ net income declined 33% to $3,955,000 from $5,879,000 in the first fiscal quarter ended Dec. 29, on 22% lower revenues of $138,644,000 against $178,337,000, with declines across all categories. Revelyst Outlines Transformation Plan
Vista Outdoor provided an update on Revelyst’s “GEAR Up” transformation plan, which aims to simplify its business model, eliminate duplicative roles to deliver increased efficiency and profitability, and reinvest in its highest potential brands to accelerate growth. Academy Sports Scores Upgrade after Early Debt Payment
ASO used cash on hand to prepay $100 million of its outstanding senior secured term loan, leaving a balance of $91.75 million, a move that will save the retailer about $29 million in interest over the remaining duration of the loan, including $8.5 million in fiscal 2024. Oboz Shuffles North American Team
The KMD-owned brand has made several changes to its U.S. and Canadian sales teams to bolster its retail partner service and consumer engagement at the store level throughout North America.
NSSF’s adjusted NICS checks fell by 5.6% to start 2024 to 1,197,294 from 1,268,236, as firearms buyers took a breather after three straight months of year-over-year gains at the end of last year. Etcetera: Stromer, Vigilant Gear, Watchtower Firearms, True Linkswear
|