August 25, 2017
The volatile marketplace pushed down imports for the Apr.-Jun. period 7.1% to $4,392.6 million from $4,730.7 million, the sixth consecutive decline that we have measured, but this quarter’s decline was less than the 12.5%, 9.9% and 17.5% declines we found in the previous three quarters, suggesting that the market is beginning to stabilize.
It is the fourth-richest college deal in the country behind Under Armour’s $18.7 million for UCLA and Nike’s $16.7 million for Texas and Ohio State.
Net income at the Australian multi-banner retailer doubled to A$103.4 million ($77.6 million) from $50.9 million for the fiscal year ended Jul. 1 on 2% higher sales at A$2,465.8 million ($1,851.2 million) vs. A$2,422.2 million.
Comprehensive net income was ¥1,727 million ($15.6 million) against a loss of ¥1,186 million for the first half ended Jun. 30 as sales contracted 1% to ¥36,160 million ($325.6 million) from ¥36,429 million.