March 23, 2021
The Chinese manufacturing and retail giant saw its bottom line turn red last year, with a net loss attributable to shareholders of $90,791,000, against a profit of $300,546,000 in 2019.
Net income attributable to shareholders at the Chinese sportswear brand declined 4% for the year to RMB 415,065,000 ($60.1 mm) from RMB 432,403,000 on a 9% drop in revenues to RMB 5,126,958,000 ($742.9 mm) from RMB 5,631,866,000.
Net income attributable to shareholders jumped 122% to NZ$21,962,000 ($14.3 mm) from NZ$9,912,000 as revenues posted 13% growth to NZ$410,713,000 ($266.5 mm) from NZ$363,654,000 for the fiscal first half ended Jan. 31.
President Biden called on the Senate to immediately pass pending legislation that would expand the requirement for background checks to all firearms purchases, after a mass shooting in a Colorado supermarket killed 10 people Monday.
Net loss at the tennis ball launcher company was $1,291,086 in the fiscal third quarter ended Jan. 31, against a loss of $1,346,104 last year, on sales of $4,123,648.
PTON bought AI digital voice assistant company, Aiqudo last month, Bloomberg reported, after acquiring two other companies, Atlas Wearables and Otari, late last year.
Tobiassen will be the first outsider to run the family-owned knifemaker, coming from his most recent position as president of American Outdoor Brands firearms division.
The ratings agency said that Big Foot’s solid credit metrics and low level of funded debt justify its Ba1 corporate family rating, following a periodic review.
Swag has acquired Ecktron Performance, which manufactures golf club headcovers for Swag and also sells them under its own EP Headcovers brand.