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6/7/2024 |  Acme Tackle Company Acquires Two Brothers Innovations (SGB UPDATE) Acme Tackle Company, owned by Hard and Soft Fishing, has acquired Two Brothers LLC, owners of the Elliott Rods and 2B Fishing brands. The owners of the Acme, Kalin’s, Beaver Dam, Moonshine, Reef Runner, Uncle Josh, Atom, and Bead brands said Two Brothers owners Paul Thorne, Gregg Thorne and Aaron Templin will remain with Acme post-acquisition and continue designing its performance fishing rods.
6/5/2024 |  EXEC: Sportsman’s Warehouse to Focus More on “Warehouse” and Value Moving Forward (SGB UPDATE) Sportsman’s Warehouse, Inc. took another hit in the fiscal first quarter as continued challenges in merchandising and weak consumer discretionary spending again drove comparable store sales down in double digits for the third first quarter in a row. The last positive comp for SPWH was a 24 percent increase in Q1 2021 as the company fed off the energy in outdoor pursuits fueled by the pandemic.
5/24/2024 |  B.A.S.S. Joins Celebration of South Carolina Travel and Tourism Week (SportsTravel) B.A.S.S. has been recognized for its contributions toward the hospitality industry has in the state of South Carolina each year as part of South Carolina Travel and Tourism Week.
South Carolina has hosted four B.A.S.S. events over the course of the 2024 season and will also be the host of the 2024 Strike King Bassmaster College National Championship (August 22–24) and the final St. Croix Bassmaster Open of the season from October 10–12.
5/3/2024 |  Johnson Outdoors Profits Shrink on Mid-Teens Decline in Fiscal Q2 Sales (SGB UPDATE) Johnson Outdoors Inc. reported that total net sales in the second quarter declined 13 percent to $175.9 million, compared to $202.1 million in the prior-year second fiscal quarter. All four business segments of the company reportedly faced “challenging market conditions and increased competitive pressure” in the quarter ended March 29, according to a company press release statement.
4/4/2024 |  EXEC: Sportsman’s Warehouse Kicks Off ‘Spring Reset’ to Clean Inventory, Grow Sales (SGB UPDATE) Sportsman’s Warehouse, Inc. said its business remained under pressure during the fourth quarter with net sales coming in at the low end of its guided range. Still, earnings per share exceeded the top end of the company’s guidance range, while both inventory and debt levels finishing the year better than expected.
“We will continue to prioritize the pay down of debt with free cash flow generation as we move through 2024, commented company CEO Paul Stone on a conference call with analysts. “We view 2024 as a year to reset the organization and return the business to profitability, creating a strong foundation for anticipated profitable growth in 2025.”

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