Author: Eric Smith

Which Public Companies Will Emerge Strongest From COVID-19 Crisis?

Which Public Companies Will Emerge Strongest From COVID-19 Crisis?

How are active-lifestyle brands like Crocs, Nike and Lululemon plus retailers like Dick’s, Foot Locker and Hibbett navigating the coronavirus? Susquehanna’s most recent note says that the current crisis is weighing on all businesses, but some are better positioned than others. Here’s their ranking of 19 public companies based on who will emerge the strongest from this crisis. (Read More)

March M&A Roundup: Public Companies Make Moves Before Deals Dry Up

March M&A Roundup: Public Companies Make Moves Before Deals Dry Up

Three public companies—Compass Diversified Holdings, Sportsman’s Warehouse Holdings Inc. and Clarus Corp.—announced key acquisitions last month before the coronavirus all but stopped M&A activity. Most of the transactions that were announced came in the first half of March before social distancing took hold, the stock market collapsed, and businesses began shuttering operations and laying off employees. (Read More)

Coronavirus Slams The Brakes On Winnebago’s Momentum

Coronavirus Slams The Brakes On Winnebago’s Momentum

Winnebago Industries Inc. began its fiscal third quarter on March 1 with high hopes and enough momentum to fuel a fleet of motorhomes. But like it has for many companies, the coronavirus knocked Winnebago off course. On the fiscal Q2 earnings call with analysts, CEO Mike Happe explained the difficult decision to shutter operations just as spring and the prime RV season kicks off. (Read More)

March 24 Coronavirus Notebook: New Impacts To Business

March 24 Coronavirus Notebook: New Impacts To Business

Fallout from the coronavirus pandemic continues to rankle the active-lifestyle marketplace. Most retailers have temporarily closed their doors. Sports leagues show no signs of resuming play. And now the Summer Olympics has been postponed until 2021. The ripple effect of the coronavirus (COVID-19) is reaching new pockets of the U.S. economy and will linger for months to come. (Read More)

Why Hibbett Has Decided To Keep Stores Open

Why Hibbett Has Decided To Keep Stores Open

The coronavirus has forced many retailers to temporarily close their doors, but Birmingham, AL-based Hibbett Sports Inc. believes its locations are better positioned than big-box competitors and isn’t issuing a companywide shutdown. Hibbett CEO Mike Longo spoke on the fourth-quarter earnings call Friday morning—his first since being named to the top post last December—about the company’s resiliency amid this current crisis. (Read More)

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