November 11, 2019
Again contradicting the signals coming from his own Administration, President Trump late last week said there had been no agreement to roll back tariffs on an as yet unspecified schedule.
The two Speedfactory facilities will be closed by April of next year, barely four years after the first one opened in Ansbach, Germany and three years after the one in Atlanta, GA.
Net income including the consolidated Acushnet unit was KRW 98,450 million ($85.0 mm) against KRW 45,302 million, up 117% for the third quarter ended Sep. 30 as sales rose 20% to KRW 866,986 million ($748.6 million) from KRW 725,986 million.
Mizuno’s comprehensive net income was off 43% in its fiscal second quarter ended Sep. 30 to ¥1,315 million ($11.7 mm) from ¥2,287 as revenues declined 2% to ¥43,304 million ($383.9 mm) from ¥44,198 million.
Comprehensive net loss was ¥134 million ($1.2 mm) for the fiscal first half ended Sep. 30 against a loss of ¥528 million last year, on 1% lower revenues of ¥65,926 million ($614.4 mm) vs. ¥66,768 million.
While YY’s Pou Sheng retail division maintained its double-digit growth pace with a 17% gain in October to $359,329,000 from $307,569,000, implied sales at the footwear manufacturing division were down 9% to $524,251,000 from $577,729,000.
The Montrose, CO-based parent of fly fishing brands Abel and Ross Reels, is adding international fly line manufacturer Airflo to its portfolio.