June 21, 2018
American Outdoor Brands reported net income of $7,664,000, down 72% from $27,694,000 for the final quarter ended Apr. 30 as sales fell 25% to $272,026,000 from $229,186,000 going up against a quarter when it promoted heavily to lower inventories in its own DC and at the distributor level.
In reversing its 1992 ruling by a 5-4 vote, the Supreme Court upheld a South Dakota law that required merchants who had more than 200 transactions or more than $100,000 in sales in its jurisdiction to collect a 4.5% sales tax.
Chang, a 12-year company veteran, was previously EVP of men’s merchandising & design and chief brand officer at the teen retailer.
Puma signed top-10 NBA draft prospect, Missouri forward Michael Porter Jr., who played only a handful of games his freshman year after undergoing back surgery.
GOOS registered to sell 10,000,000 shares, or about 9% of shares outstanding, on behalf of Bain Capital, CEO Dani Reiss and CFO John Black.
Wholesale Sports, Inc. is suing Andrew Henle and related entities for breaching their contract to distribute WSI’s TronX hockey equipment in Canada.
Yeti Coolers filed three separate but similar lawsuits in West Texas District Court against Ad-N-Art, Visol Products, and Hogg Outfitters, claiming the companies are selling insulated tumblers that are copies of its trademarked Rambler.