June 03, 2021
Net income quintupled to $144,956,000 in the first quarter from $28,632,000 last year as the top line jumped 88% to $1,226,465,000 from $651,962,000 in the pandemic-stricken Q1 last year.
Net income was back in the black at $26,385,000 against a loss of $21,101,000 as revenue climbed 103% to $279,069,000 from $137,772,000 for the fiscal first quarter ended May 1.
Lapping a horrific first quarter last year, net income was $10,959,000 in Q1 against a loss of $17,395,000, on revenues that more than doubled to $163,157,000 from $77,289,000.
A letter sent to the NBA Players Assoc. by the Congressional-Executive Commission on China, asked NBA players to stop endorsing Chinese brands that continue to use Xinjiang cotton.
Centre Partners-owned MacNeill Pride Group hired the former president of Central Garden & Pet, Keith Bornholtz to lead its portfolio of outdoor and golf brands.