March 07, 2019 Camping World Loss Expands in Q4, Net Drops for FY
Although its core RV business had a solid Q4, the retail business which includes the troubled Gander Outdoor chain continued to struggle as CWH reported a loss of $30,328,000 against a loss of $15,830,000 as sales rose 11% to $982,393,000 from $887,986,000 for the final quarter ended Dec. 31. American Outdoor Brands Has Loss on Crimson Trace Impairment
A $10.4 million goodwill impairment charge sent the bottom line into the red for the fiscal third quarter ended Jan. 31, resulting in a net loss of $5,725,000 against a profit of $11,395,000 last year that included a $9.4 million one-time benefit from the Tax Act. Mike Ashley to Step Down from Sports Direct
The Sports Direct CEO is seeking to leave that position to run department store chain Debenhams, according to a statement on the company’s website. Super Retail Group Taps New Sporting Goods Chief
The Australian retailer appointed Gary Williams managing director of sports retailing, where he’ll oversee the Rebel Sports chain and report to new SRG CEO Anthony Heraghty. Etcetera: Puma, Sequential Brands
|