Boot Barn Holdings Inc. on Tuesday reported that net sales for the third quarter ended December 29 increased 13 percent to $254 million, narrowly missing analysts’ expectations by $0.54 million. The company raised fiscal year EPS guidance to $1.31 to $1.33, compared to the company’s prior outlook of $1.16 to $1.24.
Author: SGB Media
BikeCo Purchases ASE Assets As Going Concern
BikeCo, LLC, a joint venture consisting of Tiger Capital Group and Advanced Holdings Co. Ltd., has acquired the assets of Advanced Sports Enterprises (ASE). The winning bid, approved by the bankruptcy court on February 1, exceeded $23 million.
Academy Sports Appoints Steven Lawrence As EVP And Chief Merchandising Officer
Academy Sports + Outdoors announced that Steven P. Lawrence has been appointed executive vice president and chief merchandising officer, effective February 11. He was most recently CEO of Francesca’s and has also been chief merchandising officer at Stage Stores.
Mossy Oak Names J Scott Judy ProStaffer Of The Year
Mossy Oak announced that J Scott Judy is their 2018 ProStaffer of the Year. Mossy Oak’s winner is chosen from nearly 1,000 ProStaff members.
Fila Extends Sponsorship Of The BNP Paribas Open
Fila has extended its Premier Sponsorship agreement with the BNP Paribas Open, the largest ATP Tour and WTA combined two-week event in the world.
Unifi Asia Pacific (Hong Kong) Co. Ltd., Kipas Mensucat Isletmeleri A.S. Enter Into Strategic Agreement
Unifi Asia Pacific (Hong Kong) Co. Ltd. (UAP) announced Tuesday that it has entered into a strategic commercial agreement with Kipas Mensucat Isletmeleri A.S. (KIPAS) for the supply of REPREVE staple fibers into the Republic of Turkey. UAP and KIPAS will leverage the supply infrastructure in Turkey to provide quality, service, speed-to-market and REPREVE-based staple fiber offerings to fabric mills as well as brand and retail partners.
Gladiator Lacrosse Acquires All Ball Pro
Gladiator Lacrosse LLC announced the acquisition of St. Louis-based All Ball Pro, which currently manufactures and distributes commercial-grade and professional-grade rebounders for lacrosse and a variety of other sports.
Under Armour To Continue Lindsey Vonn Sponsorship Post-Retirement
Under Armour plans to continue its sponsorship of Lindsey Vonn after her retirement. On Friday, the legendary skier announced she planned to retire after the World Championships this week in Sweden.
Former Cabela’s Employees Launch Highby Outdoors
A number of former Cabela’s employees, led by Matt Highby, have officially launched Highby Outdoors, an e-commerce site focusing on outdoor gear.
Stage Stores Appoints EVP And CFO
Stage Stores Inc. announced the promotion of Jason Curtis to executive vice president, chief financial officer and treasurer.
Outdoor Voices Names Pamela Catlett As President And Chief Operating Officer
Outdoor Voices, the cult women’s activewear brand, announced the appointment of Pamela Catlett, a f former Nike and Under Armour executive, as president and chief operating officer.
Genesco Completes The Sale Of Lids Sports Group To FanzzLids Holdings
Genesco Inc. announced that the company has completed the sale of its Lids Sports Group to FanzzLids Holdings for $101 million.
5 Takeaways From Outdoor Retailer Snow Show
Bolstered by great snowfall across much of the country and upbeat sales numbers across most product categories, the snow sports industry seemed especially buoyant at last week’s Outdoor Retailer Snow Show in Denver, CO, the second since OR bought the event from Snowsports Industries America in 2017. Here are five business takeaways from the show.
Delta Apparel’S Q1 Hit By Sports Authority Litigation Charge
Delta Apparel Inc. took a $2.5 million charge in the first quarter ended December 29 in connection with the resolution of litigation stemming from The Sports Authority’s March 2016 bankruptcy. Earnings grew strongly excluding the charge as sales advanced 12.5 percent.
Winchester’s Revenues Drop 12 Percent In Q4
Olin Corp. reported Winchester’s sales for the fourth quarter 2018 were $145.5 million compared to $165.4 million in the fourth quarter 2017.
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