September 18, 2023
The company’s march to double the top line over the next 4-5 years continues on track, building on organic growth and product innovation with a clean balance sheet, AOUT reported at CL King’s Best Ideas Conference.
Warren Kanders, who owns about 15.4% of CLAR stock, has offered $160 million for its Precision ammunition segment, which consists primarily of Sierra Bullets and Barnes Bullets, according to an SEC filing.
A week after Moody’s lowered Big Foot’s credit rating, S&P Global weighed in with a downgrade of its own, lowering its issuer credit rating on Foot Locker and issue-level rating on the company’s senior unsecured notes to BB from BB+.
The ratings agency raised GOOS’ corporate family rating and probability of default rating to Ba3 from B1, and its senior secured 1st lien term loan B rating to B1 from B2, with a stable outlook.
The Swedish footwear fitting technology company is expanding its presence in North America, naming industry veteran Brent Hollowell as general manager for N.A. operations.
In the latest chapter of the long-running court battle, the U.S. Court of Appeals for the Federal Circuit overturned a jury verdict that invalidated COLM’s Omni-Heat design patent infringement claims against Seirus Innovative Accessories, awarding a new patent trial.
The International Trade Commission has terminated an investigation centered on the clogmaker’s 2021 complaint that 23 companies in the U.S. and China were infringing on its trademarks.