February 07, 2025 Mizuno Profits Expand in Holiday Quarter
Net income jumped 27% in the fiscal third quarter ended Dec. 31 to ¥4,512 million ($29.6 mm) from ¥3,540 million, on 4% higher revenues of ¥55,751 million ($365.8 mm) up from ¥53,540 million. GoPro Losses Mount on Plunging Revenues
Red ink gushed at the action camera maker as final quarter net loss expanded to $37,191,000 from a loss of $2,418,000 a year ago, on 32% lower revenues of $200,882,000 down from $295,420,000. Newell Outdoor’s Sales Remain Sluggish
Newell’s Outdoor & Recreation segment, which includes Coleman, Contigo, Campingaz, Marmot, and other brands, saw revenues decline 8% to $152 million in the final quarter, compared to $165 million last year. Thule Results Slip on Quad Lock Acquisition
The bottom line swung to a loss of SEK 37 million ($3.4 mm) in the fourth quarter, hit by costs related to the acquisition of Quad Lock, against a profit of SEK 24 million as revenues ticked up 7% to SEK 1.678 million ($155.7 mm) from SEK 1,566 million. Escalade Taps Guitar Hero as New CEO
After an extensive search to find a successor for retiring chief Walt Glazer, Escalade has chosen Gibson chief commercial officer Armin Boehm as its new CEO and President. Vail Resorts Downgraded after Adding Term Loan
The resort operator saw S&P Global lower its unsecured notes rating to BB- from BB, after MTN amended its credit agreement to add $450 million of delayed draw term loans and increase its revolver capacity to $600 million from $500 million. Etcetera: Fossil, Crazy Creek, Brooks
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