Pure Fishing Gets Outlook Upgrade from Standard & Poor’s
The ratings agency raised Pure Fishing’s outlook to stable from negative after pandemic-driven demand for fishing gear sent its revenues up 19% last year following three years of declines. S&P expects strong sales trends to continue through at least H1 ‘21 as retailers are restocking depleted shelves, driving low- to mid-single-digit revenue growth for the year. However, 2020 sales are expected to be down about ... Log in to view full article.