November 22, 2017 Sitting Pretty: Dick’s and Foot Locker
Last week, the two biggest retailers in the U.S. sporting goods sector reported their third quarters and, although the numbers were not especially pretty objectively speaking, they were much better than Wall Street expected. Olympikus’ Parent Returns to the Stock Market
After a spectacular reorganization and recovery over the past few years, Vulcabras Azaleia is going public again, pricing the 68,420,000 shares offered at R$9.50 each by institutional investors in order to raise net proceeds of R$550 million ($168.8 mm).
Alpargatas, the Brazilian company that owns Havaianas and licenses Mizuno, saw sales tumble by 3% to R$951.1 million ($292.0 mm) in the third quarter with income from continuing operations down by 15% to R$71.3 million ($21.9 mm). |