June 16, 2020
The retailer is opening three Overtime by Dick’s Sporting Goods stores and five Dick’s Sporting Goods Warehouse stores this week, with both banners selling merchandise at deep discounts.
There were some 10 challenges to state laws that will not be heard by the justices as they have continued their recent practice of pushing back gun rights issues to state legislatures.
The first week of June was the biggest revenue week in company history, and the second week was even bigger, CEO Dick Sullivan said in an interview with Yahoo Finance.
Helped by a $9.4 million tax refund that partially offset a $9.8 million impairment charge, net loss narrowed to $1,849,000 from a loss of $2,258,000 in the first quarter, on 20% lower licensing revenue of $4,034,000 down from $5,052,000.
Adjusted sales for sporting goods/hobby/book and music stores increased 5% to $6,936 million last month from $6,610 million, according to Commerce Dept. data, after two months of steep declines.
Baker, who is currently EVP, chief of staff, and chief communications officer and has been with the company since 2012, was named president of North America, a new position.
The maker of the Live Outdoor Reality connected rowing machine secured $25 million in financing in a round led by L Catterton, which also includes support from existing investors, including Aaron Rodgers’ Rx3 Ventures.
Thomas Wheeler, who led the sock maker since 2016, was fired in April with no notice and no reason given, according to a suit filed in Green Bay, WI, federal court.
The Italian fiber company has added a new Ecodown Fibers 2.0 blown fiber product that is able to fill wider baffles that are up to 20cm wide.