Hunting/Shooting

11/10/2025 |  Outdoor Holding Co. Returns to Profitability (SGB UPDATE) Outdoor Holding Company, the owner of GunBroker.com, the online marketplace, reported a profit against a loss in the fiscal second quarter ended September 30, due to lower expenses. Revenues were flat in the period.
Financial Highlights

• Net Revenues of $11.98 million, flat year-over-year
• Cost of Revenues decreased to $1.54 million from $1.57 million.
• Gross profit margin increased to approximately 87.1 percent compared to 86.9 percent.
• Operating expenses decreased $6.71 million year-over-year.
• Net income from continuing operations of $1.40 million, compared to a net loss from continuing operations of ($5.87) million, representing the company’s first quarterly profit following several periods of net losses.
• Adjusted EBITDA (1) of $4.91 million compared to $3.95 million,
• Improved diluted EPS from continuing operations to $0.01 from ($0.06),

10/27/2025 |  Winchester Ammunition Q3 Profits Decline on Sales Weakness (SGB UPDATE) Olin Corp. reported earnings at its Winchester Ammo segment fell 63.9 percent in the third quarter, primarily due to lower commercial ammunition pricing and shipments and higher raw material costs, including propellant and commodity metal costs. Sales inched up 1.6 percent, missing plan due to soft commercial ammunition sales.

10/14/2025 |  New Report Confirms Broad Firearms Retail Slowdown in Summer 2025 (SGB UPDATE) RetailBI released its Q3 2025 Shooting Sports Retail Report, which confirms what many in the shooting sports industry have felt over the summer period — the “Trump Slump” is no longer speculation.
Combining this new data, along with the slide in NICS background checks since the President’s Inauguration Day, is often evidence of a perceived “2A-safe” period for gun owners and purchasers. Sales and background checks generally rise when consumers feel their Second Amendment (2A) rights are challenged by one administration, only to decline when they see less threat to future purchases or gun ownership.

10/3/2025 |  NSSF: Adjusted NICS Background Checks Show Recovery in September (SGB UPDATE) The National Shooting Sports Foundation (NSSF) reported that the September 2025 NSSF-adjusted National Instant Criminal Background Check System (NICS) figure increased by 2.0 percent, marking a return to positive growth after seven consecutive months of decline.

9/19/2025 |  Riton Optics Acquires Blackhound Optics (SGB UPDATE) Riton Optics announced the acquisition of direct-to-consumer brand Blackhound Optics. Terms were undisclosed.
Blackhound Optics will continue operations through its website, while inventory lasts, with Riton assuming the warranty responsibility as part of the agreement.