December 03, 2024 Dick’s Stocks Up to Capture Holiday Upside
Following up on last week's strong Q3 earnings report, DKS reiterated in a fireside chat at the Morgan Stanley Global Consumer & Retail Conference that it sees resilience and sustained demand from its consumer demographic. Skechers Sees Return to Double-Digit Revenue Growth
Early Holiday results are looking positive, mirroring year-to-date trends as conscientious consumers respond well to newness, SKX told the Morgan Stanley Consumer & Retail Conference, though the overall health of the season remains to be seen given a shorter selling window. Amer Sports Selling up to $1 Billion in Stock
AS launched a public offering of 34,000,000 shares of its stock, plus up to an additional 5,100,000 shares for an underwriters option. Jack Schwartz Shoes Secures Lee Footwear License
The Lugz, British Knights, and Ben Sherman owner, Jack Schwartz Shoes, inked a footwear license for Lee, the denim and casual lifestyle apparel label owned by Kontoor Brands. United Wheels Promotes Bruno Maier
The parent company of bike brands Huffy, Niner, Batch, and Buzz elevated Bruno Maier to president and CEO of United Wheels (UW) and the Huffy Corp.
The Eager Beavertons will sunset the non-fungible token virtual sneaker business acquired from Andreessen Horowitz in 2021.
Sales failed to pick up steam on Black Friday and during Thanksgiving week, contributing to total NSSF-adjusted NICS FBI background checks falling 5% last month to 1,514,773 from 1,595,476. Academy Opens Final Five Stores in 2024
Academy Sports + Outdoors has completed its 2024 fleet update with a total of 16 new stores across ten different states, including its initial entry in Ohio. FTC Orders Goat to Pay Consumers
The Federal Trade Commission ordered 1661, Inc. (dba Goat) to pay more than $2 million to consumers for violating reasonable shipping practices and to honor its buyer protection policies for consumers who received deficient products, many of whom were denied full refunds. Etcetera: Thermore, Zoot, Nike
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