February 04, 2022
KSS said it rejected the two go-private offers it received from Sycamore Partners and Acacia Research Corp., because they did not adequately value its future growth and cash flow generation potential of the company.
JOUT net income declined 45% to $10,856,000 in the fiscal first quarter ended Dec. 31 from $19,847,000 last year on $153,524,000 in sales, down 7% from last year’s record $165,667,000.
Net income attributable to shareholders dropped 45% to ¥4,333 million ($39.5 mm) in the fiscal first half ended Dec. 31, down from ¥7,829 million the year before, as revenues slipped 6% to ¥112,900 million ($1,028.6 mm) from ¥120,539 million.
The Eager Beavertons are accusing StockX of creating and selling Nike-branded sneaker NFTs without authorization, in a suit filed in SDNY federal court.
IFit Health & Fitness escalated its ongoing patent dispute with Peloton with an appeal to the U.S. International Trade Commission to ban imports of its exercise bikes.