May 24, 2021
Net income bounced back after a first-half decline, ending with a 20% increase to RMB 2,770.1 million ($401.5 mm) for the year ended Feb. 28, from RMB 2,303.4 million, as revenues grew by 7% to RMB 36,009.0 million ($5,218.7 mm) against RMB 33,690.2 million.
Net income for the final fiscal quarter ended Mar. 31 was ¥1,498 million ($14.1 mm) against a loss of ¥686 million, on 4% lower revenues of ¥21,253 million ($200.7 mm), down from ¥22,056 million.
Wilson Sporting Goods’ first upscale men’s and women’s apparel collection will be sold initially on the company’s DTC e-commerce site in the U.S.
Along with the U.S.-based manufacturing capacity it acquired with Precor, PTON is forging ahead on a new, more than one million-sq.-ft. factory in Troy Township in Wood County, OH.
Black powder pistols and muskets have been pulled from the Bass Pro and Cabela’s web sites and phone order availability, NBC News reported, in an effort to prevent felons from acquiring the firearms.
AOG is adding Stealth Project and its patented Accelerated Gas Technology helical suppressors to a portfolio that includes Rambo Bikes and the X-Stand and Sniper treestand brands.
GloGear says that Three Amigos, which does business as Ronix Wakeboards, is selling a glow in the dark wakeboard that infringes on its patent no. 8,882,554 B2.
Thule, in partnership with the National Highway Traffic Safety Administration, is recalling Tepui Hybox and Hybox Wedge rooftop tents because they can detach from the vehicle’s roof while driving, under certain conditions.