October 03, 2019
DLA released preliminary sales numbers for its fiscal fourth quarter ended Sep 28 of $104 to $106 million, a 12% to 14% increase from the $92.9 million of revenues it had in Q4, 2018. For the full year, that will bring total sales to $428 to $430 million compared to last year’s $395.5 million.
Following 12 consecutive quarters of positive comps, Zumiez management was upbeat in a round table discussion at the B. Riley conference, saying it expects the year-over-year revenue growth to continue through Q3 and Holiday.
An unspecified production delay on the Hero8 Black camera forced GoPro to lower its top and bottom line projections for the rest of the year as about $30 million in sales will be shifted from Q3 to Q4.
In a month that saw several Democratic presidential candidates jockeying for who could propose the most draconian gun control, NSSF-adjusted FBI background checks increased 10.0% in September to 1,011,636 from 919,979 last year.
The Big Cat inked a five-year footwear and apparel endorsement deal with Los Angeles Lakers forward Kyle Kuzma, ESPN reported, for a total of more than $20 million plus additional incentives.