Outdoor Holding Company Announces Move to Atlanta Headquarters

Outdoor Holding Company's Strategic Headquarters Relocation

In a significant step for growth and efficiency, Outdoor Holding Company (NASDAQ: POWW/POWWP), the company behind the successful GunBroker.com platform, has officially announced its relocation of corporate headquarters to Atlanta. This strategic move is designed to streamline operations and cut down on corporate overhead costs, resulting in the closure of its previous Scottsdale, Arizona facility.

Leadership Perspective on the Move

Steve Urvan, the Chairman and CEO, expressed enthusiasm about returning to Atlanta, where the roots of their operations lie. He stated, "This move is part of our ongoing strategies to eliminate redundancies and enhance operational efficiency. By centralizing our headquarters at our main operational site, we aim to foster better cultural cohesion and create a more vibrant work environment. Lowering corporate costs is crucial for our plans to grow our Adjusted EBITDA in the near future."

Impact on Workforce

While the transition to Atlanta will result in a slight reduction in headcount, the company has prioritized its existing Arizona workforce by enabling them to work remotely without incurring additional relocation expenses. This approach reflects the company's commitment to adapt to modern workforce needs while maintaining essential operations.

About Outdoor Holding Company

Outdoor Holding Company is dedicated to serving outdoor enthusiasts and remains a leader in the firearms marketplace through its subsidiaries, including the prominent GunBroker. With its new Atlanta presence, the company aims to enhance its operational capabilities and strengthen its position in the market.

Understanding GunBroker.com

GunBroker.com, the largest online marketplace for firearms and related products, is a platform where third-party sellers list their items, ensuring compliance with all federal and state regulations governing firearms sales. The site provides an array of products from ammunition to hunting gear, while promoting responsible ownership practices and providing a secure purchasing environment.

Future Prospects of Outdoor Holding Company

Looking ahead, Outdoor Holding Company aims to reinforce its market leadership by focusing on customer satisfaction and tapping into emerging trends in outdoor activities and interests. The company's commitment to reducing costs while enhancing service quality positions them favorably for a dynamic future in the firearms marketplace.

Company’s Mission and Values

At its core, Outdoor Holding Company believes in empowering outdoor enthusiasts by providing a trustworthy platform for buying and selling related products. With a focus on community engagement and responsible practices, the company continues to prioritize both consumer and partner relationships as foundational elements of its business model.

Frequently Asked Questions

What is the reason for relocating to Atlanta?

The relocation aims to reduce overhead costs, enhance corporate efficiencies, and foster better cultural cohesion with the main operating site in Atlanta.

Will the workforce be affected by this move?

While there will be a slight reduction in headcount, remaining Arizona employees will transition to remote work without relocation expenses.

What does Outdoor Holding Company do?

Outdoor Holding Company operates subsidiaries that serve outdoor enthusiasts, most notably GunBroker, which provides a marketplace for firearms and related products.

How does GunBroker.com operate?

GunBroker.com allows third-party sellers to list their items, ensuring compliance with applicable firearms laws and promoting responsible ownership of firearms.

What are the future goals of Outdoor Holding Company?

The company aims to focus on lowering costs while enhancing service quality and growing its Adjusted EBITDA to strengthen its market presence.

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