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July 01, 2020


Reader Notice: SGI Office Closure

The SGI office is closed this week for the Independence Day holiday. Our next issue will be July 10.

Eagle Nice Grows Sales and Profits despite Pandemic

Net income attributable to shareholders jumped 59% to HK$223,458,000 ($28.5 mm) in the year ended Mar. 31 from HK$140,418,000 on 12% higher sales of HK$3,017,120,000 ($385.3 mm) up from HK$2,700,780,000.

Kingmaker Has Loss for Year, Sees Further Declines Coming

Net loss attributable to shareholders for the year ended Mar. 31 was HK$51,386,000 ($6.6 mm) against a profit of HK$35,593,000 as the top line contracted by 5% to HK$1,050,064,000 ($134.1 mm) from HK$1,100,649,000.

NICS Checks More Than Double in June

Firearms sales growth continued to accelerate last month, as scenes of social unrest following the George Floyd killing and calls for defunding police departments drove more fear-based gun demand.

Cabela’s Drops Highby Outdoors Suit

After Cabela’s most recent setback in which the Third Circuit declined to overturn a district court ruling in the Highbys’ favor, the original suit that was filed in Sep. 2018 was dismissed with prejudice.

Coleman Sues Team Worldwide over Air Mattresses

The Newell-owned outdoor company says that Taiwan-based Team Worldwide is infringing on its patent no. 7,089,618 for an air mattress with an internal side support.

Etcetera: Genesco, PXG Golf, TaylorMade

 
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