May 28, 2020
The cooler maker priced the offering at $32.65, below the closing price of $33.75 of the day before, as its insiders continue to unload shares.
Group net income declined 59% to KRW 39,500 million ($31.9 mm) in the first quarter due to the impact of lockdown restrictions and store closures around the world, on global revenues that fell 5% from the year-ago quarter to KRW 789,901 million ($638.8 mm).
Net income in fiscal Q4 ended Mar. 31 was down 1% to ¥592 million ($5.4 mm) from ¥599 million as sales dipped 6% to 15,377 million ($141.1 mm) from 16,345 million.
Zett slipped into the red in its final fiscal quarter ended Mar. 31, losing ¥21 million ($0.2 mm) against a profit of ¥362 million last year, as sales slumped 5% to ¥10,610 million ($97.4 mm) from ¥11,135 million.
AOBC will change its name to Smith & Wesson Brands on Jun. 1 and begin trading that day under a new, SWBI ticker on the Nasdaq Global Select exchange.
Northland Fishing Tackle has acquired Bagley Bait Company, which will move to Northland’s headquarters in Bemidji, MN.
Under Armour now has nearly half of its U.S. retail stores open as part of a phased reopening that began May 15.