February 14, 2020 Michael Avenatti Convicted on All Counts
A Asics Swings to Profit in 2019 As It Invests In Marketing
Net income was ¥7,097 million ($62.9 mm) against a loss of ¥20,327 million for the FY ended Dec. 31 as sales fell 2% to ¥378,050 million ($3,351.5 mm) from ¥386,662 million though operating income was essentially flat at ¥10,634 million against ¥10,515 million. Famous Footwear Comps Improve in Q4
Caleres said that Famous Footwear same store sales increased 5.1% in the fourth quarter, and the banner’s top line was about $370 million, up from $365 million in Q4 last year, but weakness at the brand portfolio pulled total sales down 3% to about $700 million from $720 million. Coleman Segment at Newell Swings to Operating Loss in Q4
Sales at NWL’s Home and Outdoor Living segment, which includes Coleman, declined 5% to $768.2 million in the final quarter from $808.8 million with core Outdoor sales lower, and reported an operating loss of $10.2 million against operating profit of $45.5 million. Yue Yuen January Sales Slide despite Retail Gains
YY’s manufacturing segment posted an implied 22% year-over-year decline to $430,607,000 in Jan. from $553,215,000 while Pou Sheng retail sales increased 21% to $447,455,000 from $370,827,000 to start 2020. Sporting Goods Sales Fall in January
Adjusted sales for sporting goods/hobby/book and music stores declined 2% last month to $6,376 million from $6,492 million, according to Commerce Dept.
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