May 03, 2024 Brooks Running Sets Record Revenues in Q1
Brooks Running reported 9% revenue growth in Q1 to equal the highest quarterly results in the Berkshire Hathaway subsidiary’s history, including a boost from 22% higher e-commerce sales. Johnson Outdoors Has Challenging Quarter
Net income plummeted 85% to $2,156,000 from $14,861,000 in the fiscal second quarter ended Mar. 29, on revenues that were 13% lower to $175,856,000 from $202,115,000, with weakness across all segments. Aqualung Divests the Stohlquist Brand
The French Aqualung Group, which specializes in the manufacture of diving and high-performance water sports equipment, has sold its Stohlquist brand to CA-based Sport Dimension Inc.
Gridiron Capital-backed GSM Outdoors inked an agreement to acquire Dobyns Rods, continuing its buying spree in the fishing rods segment. NICS Checks Declines Accelerate in April
The falloff in NSSF’s adjusted NICS background checks grew to 11.2% in Apr., at 1,216,116 vs. 1,369,296 last year, following a 7.4% drop in Mar. Skechers Sues Dolce Vita Holdings over S Logo
SKX filed suit in CA district court against Steve Madden’s Dolce Vita Holdings for infringing on its famous “S” logo with the Dolce Vita “Notice” sneakers.
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