March 23, 2018
Comprehensive net income gained 18% to $624,511,000 from $527,735,000 helped by a $105 million positive swing in exchange difference from foreign operations, on revenues that were 8% higher at $9,121,426,000 from $8,480,558,000.
Projections included in an amended agreement between its bondholders and the company disclose that Remington had negative unlevered free cash flow of $1.9 million in FY17 on sales of $601.9 million and expects unlevered negative cash flow of $49.9 million this year on sales of $653.0 million, but sees sales rising to $732.2 million the following year with unlevered free cash flow of $15.9 million.
Just a few months after saying it would add 200,000 sq. ft. of office space to accommodate its burgeoning business, Adidas North America is now planning to add 425,000 sq. ft. to its campus overlooking the Columbia River.