First quarter sales inched down to $54,175.6 million from $54,425.0 million at the 51 public companies we track, and total net income was also a bit lower at $2,695.9 million compared to $2,697.3 million, distorted by some big impairment charges in both periods.

The Rip Curl, Kathmandu, and Oboz parent said that sales in its fiscal third quarter ended May 24 declined by 8.4%, decelerating from the 14.5% drop in FH1.

Institutional Shareholder Services is now recommending that VSTO shareholders abstain from voting for Czechoslovak Group’s $1.96 billion bid for the Kinetic Group ammunition business, updating its analysis after previously recommending approval.

S&P upgraded BIRK’s long-term issuer credit rating to BB, up from BB-, and assigned a BB+ rating on its new €375 million and $280 million term loans due 2029, while also raising the issue rating on the existing €428.5 million senior unsecured notes due 2029 to B+ from B.

The Eager Beavertons, along with president and CEO, John Donahoe, and CFO, Matthew Friend, are facing a proposed class action suit in OR district court filed by the Pembroke Pines City Pension Fund for Firefighters and Police Officers.