June 08, 2021
The year got off to a strong start for Academy, reporting net income of $177,796,000 in the first quarter against a loss of $10,020,000 last year, on 39% revenue growth to $1,580,333,000 up from $1,136,301,000.
PTON sees its runway continuing post-pandemic, outlining growth drivers for FY’22 during the Bank of America Securities Global Technology Conference.
Speaking for the first time since the Rhino-Rack acquisition was announced, CLAR mapped out its plans for the Australian company at Stifel’s 2021 Virtual Cross Sector Insight Conference.
The Merrell, Saucony and Sperry parent revised its top line guidance for the second quarter, and now expects revenue to exceed 2019’s $568.6 million, well ahead of last year’s $349.1 million tally.
The world’s largest sporting goods retailer appointed Ollier as CEO of Decathlon U.S.A., adding the new role to his responsibilities as CEO of Decathlon’s Swiss operations.
Weyco Group has acquired the outdoor footwear distributor for about $2.5 million plus an earnout of up to $1.75 million, and will add Forsake to a new outdoor division, joining its Bogs boot brand.
DLA is acquiring Autoscale.ai, which produces software to automate product design, marketing, sales and fulfillment, and will integrate it into the DTG2Go digital print business.
The National Sporting Goods Association appointed Capitol Varsity Sports co-owner Bob Fawley and Geiger’s co-owner Gordon Geiger, to its board of directors, with their three-year terms starting June 1.
The clogmaker has petitioned the International Trade Commission, asking for an investigation into imports of footwear that violated its registered trademarks.