August 03, 2021
Net income came in at $59,207,000 for the second quarter, rebounding from last year’s $182,895,000 loss, as Under Dog’s revenues jumped 91% to $1,351,534,000 from $707,640,000, and were up 13% from Q2, 2019.
Net income more than tripled to $36,803,000 from $11,136,000 in the second quarter ended July 4, on 43% higher revenues of $326,020,000 against $227,935,000 last year, when many stores were forced to close, and up 35% compared to 2019.
Wolverine paid $410 million in cash to PE-firm L Catterton, for the shares of Lady of Leisure InvestCo Limited, parent company of the 23-year-old, vertical women’s fitness and lifestyle brand, in a deal that closed Aug. 2.
RCKY’s bottom line increased 60% in the second quarter to $3,895,000 from $2,442,000 as revenues more than doubled to $131,602,000 from $56,186,000, including $50.1 million in incremental sales from Muck Boot, XTRATUF and the other brands acquired from Honeywell in Mar.
A Lancer Capital affiliate has completed the acquisition of ICON shares at a price of $3.15, giving the struggling licensor’s equity a valuation of just over $46.5 million.
The Exeter, NH-based hockey company has acquired ProSharp AB, a skate sharpening and profiling company based in Sweden.
NSSF-adjusted NICS FBI background checks declined 31% in July to 1,291,298 from 1,848,307 last year, but were still the second-highest total ever recorded for what is usually a seasonally slow month.
Heese joined the sweat absorbing headwear company from Exxel Outdoors, where he was EVP and chief marketing officer.