Callaway Golf Co. on Wednesday reported record third quarter 2019 net sales and strong earnings growth while also reiterating full year net sales and adjusted EBITDA guidance and increasing full year 2019 earnings per share guidance.
Author: SGB Media
Columbia Sportswear Raises EPS Outlook After Record Q3
Columbia Sportswear Co. on Wednesday raised its diluted earnings per share outlook for 2019 to $4.70 to $4.80 from $4.65 to $4.75 after reporting third-quarter diluted EPS increased 23 percent to a record $1.75, compared to third quarter 2018 diluted EPS of $1.42.
Vindex Secures $60M To Scale Esports Infrastructure Platform
Vindex, led by CEO Mike Sepso, co-founder of Major League Gaming, and a world-class team of esports pioneers and veteran fintech entrepreneurs, announced its launch with initial funding of $60 million to build a first-of-its-kind global esports infrastructure platform. The company also announced the acquisition of Next Generation Esports (NGE) and the launch of Esports Engine.
Hibbett Sports Launches Same-Day Delivery In Four Regional Markets
Hibbett Sporting Goods Inc. announced same-day delivery via Shipt as the latest enhancement to the www.Hibbett.com shopping experience.
TOCA Football Raises $25 Million
TOCA Football, Inc. (TOCA), a California-based soccer-focused and technology-enabled experience company, has secured $25 million in Series D funding.
Schutt Sports Secures Funding
Innovatus Capital Partners, LLC has provided an $18 million secured term loan to Kranos Corporation, doing business as Schutt Sports, Inc.
Crocs Welcomes Priyanka Chopra Jonas As Global Brand Ambassado
Crocs Inc. announced award-winning actor, activist and entrepreneur Priyanka Chopra Jonas has been signed as a global brand ambassador for the 2020 “Come As You Are” campaign.
NHL, Green Day Announce Two-Year Partnership
The National Hockey League (NHL) announced it has entered into a two-year, cross-platform marketing and promotional partnership with five-time Grammy Award-winning band Green Day.
NHL And NHLPA Partner With Bauer Hockey’s First Shift
Bauer Hockey announced that together with founding partner Hockey Canada, they have joined forces with the National Hockey League Players’ Association (NHLPA) and National Hockey League (NHL) to continue to advance and strengthen the First Shift program – a learn-to-play initiative designed to welcome new-to-hockey families to the game.
SquadLocker Adds Uniforms To Online Stores
SquadLocker, a leading custom team gear and spirit wear provider, has added uniforms to its proprietary suite of online team gear solutions.
Skechers Opens Store in Disneytown At The Shanghai Disney Resort
Skechers opened a Skechers flagship retail store in the Disneytown shopping district at the Shanghai Disney Resort. The new Skechers Kids Brand Experience store, which opened on October 20, is the first Skechers retail location at a Disney resort property.
Anta Partners With IOC
The International Olympic Committee (IOC) announced that Anta has become its official sportswear uniform supplier until the end of 2022 at a signing ceremony at the Olympic Museum in Lausanne, Switzerland.
Shimano’s Sales Climb 6 Percent In Nine Months
Shimano Inc. reported net sales in the nine months increased 6.1 percent to ¥269.5 billion ($2.5 bn). Operating income increased 5.4 percent to ¥50.4 billion ($463 mm)
Garmin Lifts Outlook On Q3 Beat
Garmin lifted its guidance for the year after reporting third-quarter results that smashed Wall Street’s targets.
Crocs Earnings Increase Nearly Three-Fold In Q3
Crocs Inc. reported third-quarter earnings on an adjusted basis tripled on a 19.8 percent revenue gain. Both earnings and sales topped estimates and the full-year outlook was again raised.
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