A massive $1,452.0 million impairment charge in the final quarter sent MODG’s net loss soaring to $1,512.7 million from a loss of $77.1 million a year ago on revenues that increased 3% to $924.4 million from $897.1 with Topgolf coming in flat.

The outdoor co-op inked a long-term sale-leaseback agreement with NY-based real estate investment firm Madison Capital for its four Class A distribution center properties.

The two footwear rivals have agreed to settle all patent infringement claims and counterclaims over the Nitro trademark and patents, according to a filing in WA district court, asking the case be dismissed with prejudice.

Pacific Market Int’l. (dba Stanley) is being sued by Stanley Black & Decker in CT district court, accusing the drinkware maker of using the “Stanley” name in a way that violates prior agreements.