June 07, 2021
The amendment to the popular United States Innovation and Competition Act was introduced by Senators Mike Crapo of (R-ID) and Ron Wyden (D-OR) and approved by a 91 to 4 vote in the Senate.
Net income was $26,321,000 in the first quarter ended Apr. 30, against a loss of $39,295,000 last year, on 28% higher revenues of $519,910,000 up from $405,131,000.
MTN’s retail and rental revenues increased 17% to $91,286,000 in the fiscal third quarter ended Apr. 30, from $78,133,000 last year, as capacity limitations and restrictions were still better than being shut down last year when the pandemic hit North America.
The Journeys parent fired the latest salvo in its war of words with activist shareholder Legion Partners, touting strong Q1 results and recent analyst kudos as reasons to support current management.
Retail imports set another new record in Apr., with 2.15 million twenty-foot equivalent units coming through U.S. ports, according to the NRF and Hackett Associates, up 33% from last year.
The Strategic African American Retail Track program, or StAART, was created by TAF senior director of product and marketing, Darius Billings.
Marrouane Nabih, the hockey company’s CFO since 2019, has been promoted to chief executive officer heading a renovated executive suite.
Corey Stecker, who was promoted to international general manager of sales and marketing last January, has been named global head of sales overseeing the U.S., Canada, EMEA and emerging markets.