June 07, 2023
The clogmaker and Heydude parent said it expects to reduce gross leverage to below 2x by June 30, in a round table discussion at Baird’s 2023 Global Consumer, Technology and Services Conference.
Following the no shows that disrupted operations at West Coast Ports over the weekend, the SFIA and NRF reiterated their plea for intervention from the Biden Administration to keep ports open and mediate negotiations.
The bipartisan legislation, which was reintroduced into Congress today, would require Visa and Mastercard to compete with other networks for merchant and bank business, a change that could save U.S. consumers and retailers as much as $11 billion annually.
The footwear maker’s net income attributable to shareholders is expected to come in lower at between HK$45 million and HK$55 million ($6.4 mm) for the fiscal year ended Mar. 31, against a profit of HK$88.1 million last year.
San Antonio Shoemakers has been awarded a three-year renewal of its contract for made-in-the-U.S. sneakers worth $90.59 million with the Defense Logistics Agency.
AOUT says that VSTO is infringing on the patented powder measuring technology used in its Frankford Arsenal Intellidropper electronic powder measure with Vista’s RCBS ChargeMaster Supreme Electronic Powder Dispenser.