September 05, 2018
Acknowledging that the impact of its more restrictive firearms sales policies may have broken its connection to the Cast & Blast outdoor market, Dick’s told the Goldman Sachs conference that it was continuing to evaluate the performance of the Field & Stream chain through the end of the year, but suggested that rather than close the chain, it would look to reposition it more along the lines of The North Face’s urban exploration concept which would make it a much more direct competitor of REI and Sports Direct’s EMS.
The President commented to the Daily Caller, “I think it’s a terrible message that they’re sending and the purpose of them doing it, maybe there’s a reason for them doing it, but I think as far as sending a message, I think it’s a terrible message and a message that shouldn’t be sent. There’s no reason for it.”
Crocs’ momentum has accelerated through Back-to-School, driven by strong sandal sales along with traditional clogs, it said in a presentation to the Goldman Sachs retail conference.
The brand, which up to now had only made premium bullets that were sold to OEM channels or enthusiasts who handloaded their own ammunition, sees a major revenue opportunity in adding the ammo-making function to its offering, CLAR told the Liolios investor conference.
The Laborers Local 235 Benefit Fund filed suit in Southern District New York against the company and its top three executives on behalf of stockholders who bought shares from Oct. 20, 2017 until Jul. 19, 2018, charging that the company’s claims that it would be leveraging its SG&A spending were false because it was relying on heavy use of third party logistics providers to fuel its growth in China.
No doubt encouraged by an all-time high share price, TLYS’ founders Hezy Shaked and Tilly Levine are selling at least 8,100,000 shares in the company with an additional 1,215,000 share overallotment.
FBI background checks, as adjusted by the NSSF, declined for the fifth straight month, by 5.3% to 966,809 from 1,021,227 last year.