Dick’s Sporting Goods’ board of directors authorized and declared a quarterly dividend of $0.275 per share on the company’s common stock and Class B common stock.
Author: SGB Media
Academy Sports To Open Five Stores
Academy Sports + Outdoors announced plans to open five stores. The stores will open in Georgetown, TX; Buford, GA; Gastonia and Mooresville NC; and Ardmore, OK.
Clarks Names Giorgio Presca As CEO
Clarks has hired Giorgio Presca to take on the role of chief executive. Presca will be responsible for all operational, financial and commercial aspects of the business and will lead the Clarks strategy with the executive committee.
VF Corp. Signs On As Title Sponsor Of Colorado Classic
Organizers of the 2019 Colorado Classic (August 22-25) announced that VF Corporation will be the first title sponsor in the race’s history. The exclusive title sponsorship by VF is a two-year commitment that provides financial and marketing support for the stand-alone women’s pro cycling race.
Equip Outdoor Technologies Promotes Jonathan Frederick To U.S. Country Manager
Equip Outdoor Technologies promoted Jonathan Frederick to USA Country Manager for the Rab and Lowe Alpine Brands.
Congress Votes To Permanently Reauthorize Land And Water Conservation Fund
Congress has passed a wide-ranging bill that would permanently reauthorize the federal Land and Water Conservation Fund, which supports conservation and outdoor recreation projects across the country.
Slow Start To New Digital Platform Stymies Nautilus In Q4
Last November, Nautilus Inc. introduced its new digital platform, Max Intelligence, with hopes of driving stronger sales in the company’s direct segment, but slower-than-expected adoption rates contributed to a soft fourth quarter for the company. Nautilus on Monday reported net sales for Q4 of $115.4 million, a 9.7 percent decrease compared to the same quarter of 2017.
Nike Signs 13-Year Old Female Soccer Phenom
Nike has signed a multiyear endorsement deal with Olivia Moultrie, the 13-year-old soccer standout, according to The New York Times.
Under Armour Lays Off Warehouse Workers
Under Armour has laid off 111 employees at a distribution center in Rialto, CA, according to the San Bernardino County Sun.
Big 5 Logs Loss In Q4, Sees Improvement In Q1
Big 5 Sporting Goods Corp. reported a loss of $5.1 million, or 24 cents a share, due to asset impairment and contract termination charges and lower margins. Same-store sales improved 1.1 percent in the period. The west-coast sporting goods chain predicted a profit against a loss in the first quarter.
Fox Factory Revenue Jumps 30 Percent In Q4
Fox Factory Holding Corp. on Tuesday reported sales for the fourth quarter increased 29.5 percent to $156.8 million compared to $121.1 million in the same period last fiscal year. Net income was $20.1 million, or 52 cents of earnings per diluted share, compared to $2.8 million, or 7 cents of earnings per diluted share in the same period a year ago
Mike Dennison To Replace Larry Enterline As Fox Factory CEO
Fox Factory Holding Corp. on Tuesday announced Larry Enterline will retire from the role of CEO after eight years with the company, and become executive chairman of the board, on June 29. Concurrently, Mike Dennison, Fox’s president, powered vehicles group, will become CEO.
RECALL: JumpSport Mini Trampolines
JumpSport has recalled its half-fold fitness mini-trampolines because the folding trampoline’s frame can forcefully hit the user, posing an injury hazard.
Baseball HOF Signs Agreement With Learfield Licensing Partners Specialty Brands
The National Baseball Hall of Fame and Museum announced today it has selected Learfield Licensing Partners Specialty Brands to be the exclusive licensing representative for its organization and members.
Stuart Snow To Retire From Nation’s Best Sports
Stuart Snow, director of recruiting and member services for Nation’s Best Sports (NBS), announced his retirement early this month after celebrating his 20-year anniversary.
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