November 16, 2017
Despite a traffic impact from the three hurricanes, SCVL comps increased 4.4%, driving net income 11% higher to $10,697,000 from $9,672,000 in the third quarter ended Oct. 28 on a 5% top line gain to $287,469,000 from $274,524,000.
Net income declined 7% to $9,808,000 from $10,514,000 last year when the election drove strong firearms demand as sales inched up to $218,115,000 from $217,161,000 for the 13 weeks ended Oct. 28.
Adidas basketball marketing chief and seven others indicted following the FBI’s investigation of college basketball recruiting practices entered not guilty pleas in a Manhattan court room.
The bike maker said a large multisport chain unexpectedly terminated its distribution agreement, adding to the long-term slowdown it’s experienced in the specialty channel.
Net income rose 558% to £7.9 million ($10.4 mm) from £1.2 million for the three months ended Sep. 30 as revenues improved 8% to £141.0 million ($185.6 mm) from £120.2 million.
Adjusted sales for sporting goods/hobby/book and music stores were down 2.4% to $7,112 million in Oct. from $7,291 million, according to Commerce Dept. data.
The Big a will appeal to the Federal Circuit Court in DC, which hears most IP appeals, the unanimous ruling of the administrative judges Patent Trial and Appeal Board upholding key provisions of Nike’s Flyknit patents.
Precision Shooting is recalling about 17,000 Fang XT, Fang LT and Thrive crossbows because they can fire or discharge unexpectedly.