Vail Resorts Widens Q4 Loss But Beats EPS Estimates

Vail Resorts Inc. on Thursday reported a net loss of $89.5 million, or an earnings per share loss of $2.22, for the fourth quarter ended July 31, as compared to a loss of $83.7 million, or $2.07 per share, from the year-ago period. The EPS loss did beat Wall Street’s target by 32 cents.

Peloton Prices At Top Of Range For $8.2 Billion Valuation

Peloton priced its initial public offering at $29 a share, at the top of its projected price range released earlier this month. The pricing gave the provider of at-home fitness equipment and accompanying streaming fitness services, a valuation of $8.2 billion.

Kering Reduces Puma stake

Kering is moving to reduce its stake in Puma by issuing bonds that can be exchanged for shares in the brand, according to Reuters.

EBay CEO Leaves Amid Activist Fight

EBay chief executive officer Devin Wenig stepped down Wednesday, citing differences with the company’s recently revamped board, which is looking to sell some of its businesses amid pressure from activist investors.

Adidas Renews Partnership With Louisiana Athletic

Louisiana Athletics and Adidas have entered a three-year partnership in which the Portland, Ore.,-based company will be the official athletic footwear, apparel and accessory brand of the Ragin’ Cajuns through the 2021-22 season