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April 30, 2025


Sturm, Ruger Grows Profits in Q1

Net income increased 10% in the first quarter to $7,768,000 from $7,084,000 despite a 1% dip in sales to $135,738,000 from $136,820,000, which still handily outperformed the stagnant firearms retail market.

Garmin Outdoor and Exercise Segments Grow Double Digits

GRMN’s fitness segment saw Q1 sales improve 12% to $384,722,000 from $342,892,000 on continued strong demand for its wearables.

Newell Outdoor Sales Decline in Q1

Revenues at NWL’s Outdoor and Recreation segment dropped 9% to $182 million from $201 million in the first quarter, and were down 7% constant currency.

Globeride Sees Lower Sales, but More Profits

The Daiwa fishing and golf parent company’s revenues for the fiscal year ended Mar. 31 will total about ¥123,900 million ($812 mm), down from the earlier ¥127,000 million forecast, with earnings of about ¥4,700 million instead of ¥3,400 million.

Pure Hockey Buys Hockey Headquarters

The 82-door hockey specialist is acquiring Sioux Falls-based Hockey Headquarters, its first entry into the South Dakota market.

L.L. Bean Drops Tote Bag Suit

The Maine-based retailer voluntarily dismissed with prejudice its suit against 4Imprint, which claimed the defendant was infringing on Bean’s Boat and Tote mark with its Boat Tote products.

Etcetera: Asics, Under Armour, Vessi, New Balance

 
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