July 22, 2021 Skechers Raises Guidance after Triple-Digit Gain
Net income soared in the second quarter to $137,369,000 against a $68,097,000 loss last year, as the top line set another quarterly record of $1,657,773,000, up 127% from last year’s $729,472,000 and 32% higher than in 2019. Crocs Net Jumps on Tax Benefit, but Underlying Biz is Strong
Net income was up nearly six fold to $318,954,000 from $56,551,000, on revenues that rose 93% (+88% CC, +79% over Q2 ‘19) to $640,773,000 from $331,549,000.
Finish Line, Shoe Palace and DTLR Villa parent, JD Sports Fashion has announced the acquisition of a “significant” minority stake in U.K.-based athleisure and performance wear brand Gym King. Connected Rower Company Raises $12 Million
Cityrow, which offers a connected rowing machine as well as operating brick-and-mortar exercise studios, has closed a $12 million Series A funding round led by JW Asset Management. Adidas Takes over Hawaii Sponsorship from Under Armour
Adidas will succeed Under Armour as apparel and equipment sponsor of the University of Hawaii through 2024-25, starting with the football, basketball and volleyball teams this year. National Park Visits Grew 25% in June
Recreational visits increased by a quarter last month to 31,329,417 from 25,063,841 in June 2020, bringing year-to-date visits up 33% to 120,525,111 against 90,538,611. Etcetera: Rack Room Shoes, Crow Shooting Supply
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