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Article Date: August 2021
Word Count: 142

Varsity Brands Outlook Upgraded by S&P


S&P Global revised its outlook for the BSN Sports and Varsity Spirit parent to stable from negative, while maintaining its CCC+ issuer credit rating and issue-level ratings. Revenues plunged last year when team sports were suspended in much of the country, but rebounded in Q2 almost 90%. BSN Sports revenues were up 20% from 2019 levels, the ratings agency said, but Varsity Spirit is still below where it was two years ... Log in to view full article.

 


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