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SPORTSMAN'S BUSINESS UPDATE

SPORTSMAN'S BUSINESS UPDATE is the only continuously updated source for news for the Hunting, Fishing, and Fly Fishing trade markets.  This archive area is updated by our editorial team throughout the day as news breaks in the industry. The SPORTSMAN'S BUSINESS UPDATE newsletter is delivered weekly via e-mail in either TEXT or HTML format.

Click any of the archive tabs above for more news by category of interest.

All BASIC subscribers can access posted articles free for seven days from publish date.  Once archived, articles can only be accessed with a PREMIUM or an EXECUTIVE subscription.

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The Latest News...

Cabela's Reports Record Q2 Profits
Cabela’s Incorporated reported record second quarter fiscal 2010 earnings on a 240 basis point improvement in opearating margins. The company said operating income rose 62% due to the strong performance of World’s Foremost Bank, higher merchandise gross margins and lower impairment and restructuring charges...(7/29/2010)

Brunswick Q2 Earnings Turn Around on Boating Rebound
Brunswick Corporation motored to $1.0 billion in sales in the second quarter ended July 3 as dealers rushed to restock their inventories. Rebounding sales of boats and marine engines combined with recent cost cutting improved margins, resulting in a huge swing in profits...(7/29/2010)

Brunswick Sells Triton Boats; Exploring 'Strategic Alternatives' for Trophy
Brunswick Corporation has sold Triton Boats to Fishing Holdings, LLC, an affiliate of Platinum Equity. Terms of the transaction were not disclosed...(7/29/2010)

Sturm, Ruger Sees 11% Q2 Revenue Decline
Sturm, Ruger & Company, Inc. reported sales in the second quarter fell 11% to $64.4 million from $72.4 million a year ago. Earnings slid 5.7% to $8.2 million, or 43 cents a share, from $8.7 million, or 46 cents, a year earlier... (7/29/2010)

West Marine Revenues Rise 11.5% in Q2
West Marine second quarter income before taxes was $36.0 million, a $3.7 million, or 11.5%, increase compared to the same period last year...(7/29/2010)

Shimano Sales Rise 46% in First Half
Shimano Inc. said its bicycle components and fishing tackle business rebounded strongly in the first half, but maintained its guidance because of uncertainty in Europe and Japan. The Japanese company said consolidated net income rose 46% to $105 million on a 15.9% increase in sales for $1.14 billion in the first half ended June.(7/28/2010)

Timberland's Q2 Revenues Climb 5%
The Timberland Company reported a second-quarter 2010 net loss of $23.5 million, or 44 cents a share, after a $13.2 million pre-tax charge for the impairment of certain goodwill and intangible assets. In the year-ago period, the company lost $19.2 million, or 34 cents a share. Revenue increased 5.1% to $189.0 million, reflecting growth across North America, Asia, and Europe...(7/28/2010)

Native and Costa Eyewear Sales Grew 23.1% in Q2
A.T. Cross Company said strong sales of its Costa and Native sunglass brands drove strong sales and earnings gains in the second quarter ended July 3, 2010...(7/28/2010)



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