November 01, 2019 Asics Sales Dip as Turnaround Plan Progresses
Comprehensive net income declined 89% in the third quarter to ¥1,202 million ($11.2 mm) from ¥11,221 million last year on 4% lower revenues of ¥98,962 million ($922.3 mm), down from ¥102,904, which would have been up constant currency. Newell’s Outdoor & Recreation Sales Dip Again in Q3
Sales at NWL’s Home & Outdoor Living segment, which includes Coleman, were down slightly in the third quarter to $723.2 million from $726.5 million, but core sales declined in Outdoor & Recreation. Winchester Ammo Sales are Growing Again
Revenue at Olin’s ammunition business increased 8% in the third quarter to $188.7 million from $174.0 million, its first increase since 2016, with commercial sales powering the gains. Fitbit Receives Buyout Offer from Google
The struggling fitness band maker has received a $7.35 a share, all cash buyout offer from Google parent Alphabet, valuing the company at about $2.1 billion. Olympia Sports Begins Store Closing Sales
The 76 stores that Olympia’s new owner JackRabbit did not want included in the acquisition began store closing sales run by SB360 Capital Partners. Etcetera: Nike, Academy Sports, Darn Tough Vermont, Mystery Ranch, Norrøna, Under Armour
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