August 09, 2021
Net income rebounded to a $91,744,000 profit in the second quarter from a loss of $167,684,000 last year, as incremental Topgolf revenues and product sales that nearly doubled sent the top line up 208% to $913,641,000 from $296,996,000.
Net income was back to $13,884,000 over last year’s loss of $5,110,000 on revenue that was up 62% to $184,593,000 from $114,188,000 for NLS’ new fiscal ’22 Q1 ended June 30.
Net income increased 21% in the second quarter to TWD 1,849 million ($66.0 mm) from TWD 1,522 million on 8% higher revenues of TWD 21,373 million ($763.0 mm) against TWD 19,702 million.
Net income was ¥1,133 million ($10.4 mm) in the fiscal first quarter ended June 30, against a loss of ¥2,018 million last year, as sales grew 45% to ¥22,481 million ($205.5 mm) from ¥15,553 million.
Net income more than doubled in the fiscal third quarter ended July 2, to $28,774,000 from $12,869,000, on 54% higher revenues of $213,568,000 against $138,390,000.
The tennis bag launcher startup reported a net loss of $18,594,760 for the fiscal year ended Apr. 30, against a loss of $9,227,744 prior, as revenues hit $10,804,214, up from $686,179.
Lack of capacity combined with port congestion will push retail import volumes higher than expected in Aug. and Sep., according to the NRF and Hackett Associates, as June’s total hit 2.15 million twenty-foot equivalent units, a 34% increase from 2020.
Levi’s is expanding from denim into activewear with the acquisition of women’s yoga brand Beyond, which is known for offering inclusive sizing from XXS to 4X, for an undisclosed price.
Tim Mulverhill will be tasked with re-structuring the Knoxville, TN-based firearms importer, expanding into domestic manufacturing and establishing branding strategies.