March 17, 2021 American Outdoor Brands’ Revenues Nearly Double
Net income was $8,029,000 in the fiscal third quarter ended Jan. 31 against a loss of $147,000 last year, on revenues that soared 91% to $82,649,000 from $43,336,000 including broad-based improvement from most of AOB’s 20 brands, including seven that grew more than 100%. Background Check Bills Head to Senate
After an earlier bill that would have outlawed or regulated out of existence most private gun ownership in the U.S. languishes in subcommittee, the House passed two much more limited gun purchase regulation bills and sent them to the Senate for consideration. Lululemon Chairman’s SPAC Goes Public
Following a oversubscribed $1.2 billion IPO, KKR Acquisition Holdings I Corp. started trading on the NYSE under the symbol KAHC. Gregory and High Sierra Drop Double Digits for 2020
SMSEY’s Gregory backpack business outperformed its luggage brands in the pandemic year, but sales still declined 27% in 2020 to $51.2 million, down from $69.8 million. Vail Resorts’ Ratings Affirmed by S&P
Standard & Poor’s affirmed the ski resort operator’s BB issuer credit rating after it reported stronger-than-expected results in its fiscal second quarter, and gave it a stable outlook. Callaway Taps Yum! Exec to Run Topgolf
ELY hired a veteran entertainment and dining executive as the new CEO at Topgolf, choosing former Pizza Hut chief Artie Starrs to continue growing the indoor golf venue operator under its new ownership. Pressio Launched by 2XU Founder Jamie Hunt
The former triathlon champion and serial entrepreneur has launched Pressio, a new compression wear brand, after selling his first company, 2XU, to LVMH in 2018 at a nine-figure valuation. Hunter Boots Sets New Leadership Team
The British rugged footwear maker confirmed former Jimmy Choo VP, Paolo Porta as permanent CEO, after nine months in the role on an interim basis after his predecessor Vincent Wauters departed in June 2020. Hurley-Backed Florence Marine X Names Pat O’Connell President
The surf gear and apparel brand’s new president is former World Surf League SVP of tours & head of competition, who oversaw the WSL’s various events.
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