March 07, 2018 Acushnet Finishes 2017 with Solid Q4
Net profit in the final quarter was $11,666,000 against a loss of $179,000 in Q4 ’16 which included $12 million in transaction fees and equity appreciation rights expenses, as revenues jumped 7% to $351,392,000 from $329,761,000 with gains in all regions. American Outdoor Brands Tells Blackrock it Supports Enforcing Existing Laws
Responding to an inquiry that the huge fund manager sent to a number of firearms manufacturers, American Outdoor Brands issued a response to its second largest shareholder with 8.0% detailing its compliance procedures and backing stronger reporting requirements for the existing NICS background checks, but it made no mention of requiring the extension of background checks to private gun sales and said it opposed requiring so-called smart technology on guns as unreliable though it was not opposed to further development. Gear Coop Names Craig Levra President
The nine-year-old, So. CA-based outdoor retailer taps the former Sport Chalet chief to join its CEO Terry Lee and help grow the company from its current $22 million in sales. Dick’s Sued in Michigan for Age Discrimination
Tristin Mac Fulton, an 18-year-old from Battle Creek, is suing DKS for age discrimination after a clerk in the Troy Dick’s store refused to sell him a shotgun. Compass Diversified to Sell $100 Million of Preferred Shares
CODI is offering $100 million, or 4,000,000, of its 7.875% Series B fixed-to-floating rate cumulative preferred shares that have a liquidation preference of $25.00 per share. Etcetera: Outdoor Research, Adidas
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