October 28, 2024 VF Corp. Sees Profit as Turnaround Progresses
Net income in VFC’s fiscal second quarter ended Sep. 30 was $52,178,000, despite a $150 million operating deficit from held-for-sale Supreme, lapping last year’s $450,697,000 loss, as revenues slipped 6% to $2,757,948,000 from $2,920,123,000. AlixPartners Finds Nike Tops Sentiment Index
The Swoosh continues to hold sway across generations despite pressure from upstarts in athletic footwear, according to AlixPartners’ first Consumer Sentiment Index in 15 years.
The former Sacks Parente Golf pre-released its third quarter results, boasting revenue that grew more than tenfold year-over-year to between $1,150,000 and $1,250,000 and by about 48% sequentially from Q2. Gettysburg Trading Post Buys the Gun Center
PA-based Gettysburg Trading Post is expanding its footprint into Frederick, MD, with its acquisition of the Gun Center. Rawlings Sues Marucci over Trade Secrets
Rawlings filed suit in St. Louis, MO circuit court against the Fox Factory-owned brand, claiming its former director of composite engineering, Frederic St. Laurent, left the company with a trove of highly confidential business secrets related to composite bat manufacturing.
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