June 17, 2021
The bottom line swung to an $89,035,000 profit in the final fiscal quarter ended Apr. 30, from a loss of $66,146,000 last year, on revenues that were two-thirds higher at $322,947,000 up from $193,045,000.
Anta Sports has seen a strong rebound from last year’s pandemic impact, and is forecasting that net income will jump 110% in the first half compared to 2020, lapping a 27% decline last year.
ManU commercial revenue was down 15% in the fiscal third quarter ended to £58.1 million ($80.1 mm), despite success on the pitch where they finished the domestic season in 2nd place earning a spot in the UEFA Champions’ League next year.
The 16-year-old, ski and snowboard tuning and repair shop in Park City, UT, will re-open this fall, in partnership with e-tailer Backcountry, which was planning to open a competing store across the street.
The new trail running shoe venture founded by veteran shoe dogs, Dave Dombrow and Kevin Fallon, is introducing its first product, the SL:PDX, for pre-order now with delivery in August.