August 21, 2019
A week after CEO Doug McMillon said he was encouraged by public support for “common sense” gun laws that would strengthen background checks and implement red flag laws, he received a petition signed by 129,160 employees and customers asking him to stop all sales of guns and ammo in the stores, ban carrying firearms in the stores and end all donations to politicians that back the NRA.
Comprehensive net income at the action sports company declined 15% to A$8,462,000 ($6.0 mm) from A$9,958,000 for the fiscal year ended Jun. 30 on 8% higher revenues of A$159,143,000 ($113.7 mm) up from A$147,726,000.
Gregory Mountain Products sales increased 20% in the first half to $34.9 million from $29.1 million with most of the gain coming from strong sales in Japan.
Revenues increased by 7% during the first half of 2019 to CHF 117.9 million ($120.8 mm) in the Outdoor segment of the Conzzeta Group, which essentially consists of the Mammut Sports Group.
Groupe Lafuma net income declined by 11% percent to €1.9 million ($2.1 mm) in the first half on a 5% sales increase to €86.9 million ($97.6 mm).
Retail sales of tennis equipment dipped 1.9% last year, but the overall Tennis Economic Index was up 2.1% to 112, according to the Tennis Industry Association.