Shares of Vail Resorts Inc. jumped $6.63, or 2.9 percent, to $236.90 at market close Friday—after they were up in the high-single digits in morning trading—on the company’s news that 2019/20 pass sales increased 13 percent in units and 14 percent in dollars in the fiscal fourth quarter.
Author: SGB Media
Yeti Opens Latest Retail Store In Chicago
Yeti Holdings Inc. on Friday announced the opening of its new retail location in Chicago’s Wicker Park neighborhood. The 4,900-square-foot store is located at 1572 North Milwaukee Avenue.
Golf Rounds Played Improve In August
According to Golf Datatech, golf rounds played in the U.S. were up 3.5 percent in August year over year. Year to date, golf rounds played are now flat.
CbdMD Announces Advisory Agreement With Hans Molenkamp
CbdMD, Inc., the consumer cannabidiol (CBD) brand, entered into an advisory agreement with Hans Molenkamp. He will hold the title of vice president of sports marketing.
Endeavor Group Holdings Postpones Initial Public Offering
Endeavor Group Holdings Inc., the entertainment, sports and content company, announced that it has postponed its previously announced initial public offering. Endeavor will continue to evaluate the timing for the proposed offering as market conditions develop.
Foot Locker Partners Again With Fred Jordan Mission
This Friday and Saturday, Foot Locker will be handing out 3,000 brand-new athletic shoes to lower-income kids in the Los Angeles area through its ongoing partnership with Fred Jordan Mission.
REI To Open First Alabama Store
REI Co-op will open its first store in Alabama in Birmingham on October 4. Located at The Summit, REI’s new, will measure 20,000 square foot.
The Ongoing Evolution Of VF Corp.
VF Corp. hosted its 2019 Investor Day Wednesday in Beaver Creek, CO, a couple of hours up I-70 from the company’s new hometown of Denver. There, VF’s chairman, president and CEO, Steve Rendle, outlined for analysts and investors the changes completed and the changes yet to come in VF’s ongoing evolution.
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.
Lululemon To Close Remaining Ivivva Kids Stores
Lululemon is planning on closing its seven remaining stand-alone Ivivva stores — three in Canada and four in the U.S. — by the middle of next year.
Levi Strauss Announces More Than $380,000 To Fund Future Apparel Leaders
Levi Strauss & Co. (LS&Co.) announced it is granting more than $380,000 to the second class of LS&Co. Collaboratory fellows who are working to create a more sustainable apparel industry.
Duluth Holdings To Open Store In Hoover, AL
Duluth Holdings Inc. (dba, Duluth Trading Co.) on Thursday announced the grand opening of its 57th store in Hoover, AL.
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.
Everlast Introduces Next Class Of Inspiring Athletes in Global ‘Be First’ Campaign
Everlast has unveiled the new class of elite athletes celebrated in Be First, a global campaign challenging consumers to carve their own path to success.
Skechers Announces Significant Progress In Plastic Reduction
Skechers USA Inc. announced that since 2016, the company has reduced its use of plastic in its footwear packaging by 85 percent to 10 percent of its foot forms, all of which is recyclable.
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