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May 28, 2020


Yeti Secondary Offering of 6.1 Million Shares is Weak

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.

Fila Holdings Net Tumbles on Lower Sales in Q1

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).

Yonex Sales Decline to Finish Year

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 Sales and Profits Fall in FY20

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.

American Outdoor Brands to Change Name Before Spinoff

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 Buys Bagley Bait

Northland Fishing Tackle has acquired Bagley Bait Company, which will move to Northland’s headquarters in Bemidji, MN.

Covid-19 Update: Under Armour, JCPenney, Modell’s, Boston Marathon, EPL

Under Armour now has nearly half of its U.S. retail stores open as part of a phased reopening that began May 15.

Etcetera: SquadLocker, Nike, BOA Technology

 
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