While U.S. President Donald Trump’s vow to “totally” protect the Second Amendment has eased gun owners’ worried minds, his lax stance on firearms is causing a negative impact on the outdoor retail industry. The F.B.I. said it conducted 2.23 million background checks in February, representing a 14% decline from February 2016.
Category: Sporting Goods
Dick’s to Cut Unpopular Brands From Stores
The Dick’s Sporting Goods store in Broomfield, Colorado is seen November 18, 2014. Dick’s Sporting Goods Inc are set to release their Q3 2014 earnings November 18, 2014.
Jim Cramer — Avoid Urban; Consider e.l.f. Beauty Into Earnings
Shares of Urban Outfitters have struggled so far in 2017, with shares falling 10%. Investors are hoping that the company’s earnings report Tuesday after the close are good enough to start a reversal.
Callaway Golf Has Created Its Most Epic Driver Yet
Nowadays, you almost need a degree in mechanical engineering to understand the new technology baked into golf equipment. And that sort of stinks as we all simply want to know if a hot new club will make us a better player, somewhat instantly.
Here’s Why Cabela’s Incorporated Stock Climbed 26% in 2016
The $5.5 billion purchase agreement not only came with a hefty premium for shareholders, it brought an end to the uncertainty many Cabela’s shareholders had been facing about the future of the brand. It’s not exactly that the company was struggling, but it had to compete with a major rival in Bass Pro Shops while also dealing with the shift of many consumers to buying online.
Why Sturm, Ruger & Company Stock Fell 11.5% in 2016
The year started out well enough. After an initial slide in January along with the broader market, a strong quarterly report in February subsequently pushed Sturm, Ruger to its highest levels since early 2014.