January 06, 2022 Omicron Variant Drives Inflation Concerns, Trade Show Changes
The Omicron variant continues to wreak havoc across the globe, as the mutation now represents 95% of Covid cases in the U.S. at year end, while the once-dominate Delta variant has dwindled to less than 5% of reported cases. Helen of Troy Sees Hydroflask Gains as Osprey Closes
Now that HELE’s acquisition of Osprey Packs has closed, the Hydroflask parent’s commitment to the outdoor consumer business is set to accelerate. Dick’s Raises Guidance on Strong Holiday Sales
DKS bumped its full year 2021 earnings guidance to $13.70 to 13.79 per share ($1,506 mm at the midpoint), up from prior guidance of $12.88 to 13.06, in an SEC filing. Lululemon Taps Twitch Exec to Lead Mirror
Michael Aragon joins the Lulunatics as CEO of Mirror and digital fitness, succeeding founder Brynn Putnam, who resigned from the post in Sep., at a time when the connected fitness platform is falling short of projections. NICS Checks Slipped 12% in 2021
NSSF-adjusted NICS FBI background checks totaled 18,515,188 last year, the second highest total ever, dropping 12% compared to the record 21,083,643 checks seen in 2020. Sports Warehouse Sued after Data Breach
The parent of Running Warehouse, Tennis Warehouse and other sporting goods e-commerce sites disclosed a cyber attack that resulted in the theft of credit card numbers and other information for 1,813,224 customers last fall. Etcetera: Diamondback, Golftec, Dick’s
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