The Tractor Supply Company Board of Directors declared a quarterly cash dividend of $1.03 per share of its common stock, which represents an increase of 12 percent versus the prior quarterly dividend rate of 92 cents per share.
Author: SGB Media
Tailwind Nutrition Launches Limited Edition Flavor; Supports BCM
Tailwind Nutrition released The Grape Outdoors, a limited edition flavor of its Endurance Fuel that benefits Big City Mountaineers (BCM). Available in four-pack bundles, offering complete nutrition through a combination of calories, electrolytes and hydration, ten percent of the profits from the sale of the product will be donated to BCM. “Being based in Durango, Colorado, […]
Pearl Izumi Names 2023 Athlete Roster
Pearl Izumi announced its 2023 athlete roster of six returning riders and two new additions— Whitney and Zack Allison—while welcoming back Alexey Vermeulen, Hannah Shell, Jake Magee, Brooke Goudy, Mark Mathews, and Marley Blonsky. “We’re extremely proud of our group of athletes this year and excited to share their accomplishments in the year ahead,” said […]
S&P Affirms Varsity Brands Debt Ratings
S&P Global Ratings affirmed the debt ratings of Varsity Brands Holding Co., the parent of BSN Sports, Varsity Spirit and Herff Jones, following the company’s plans to extend the maturity on its $1.33 billion senior secured first lien term loan by two years to December 2026.
Report: Adidas May See Beyoncé Deal Performance Coming Up Short
Fresh off a defining night of her career at Sunday’s award ceremony where she was crowned the winner of the most Grammy awards in history, some are calling into doubt Beyoncé’s ability to translate that energy into profitability for Adidas and their Ivy Park collab with the the singer.
PGA Of America Names Chief Operating Officer
The PGA of America has named Craig Kessler as chief operating officer. Kessler, who served as COO and Head of Emerging Concepts at Topgolf from 2016 to 2021, will report to PGA of America CEO Seth Waugh, effective March 6.
Xponential Fitness Sets Pricing For Secondary Offering
Xponential Fitness, Inc. has priced the previously announced underwritten public offering of 5,000,000 shares of the company’s Class A common stock by certain of the company’s existing stockholders, affiliates of Snapdragon Capital Partners and Anthony Geisler at a public offering price of $24.50 per share.
Yonex Fiscal Q3 Sales Growth Accelerates As Asia Recovers, Badminton Grows
Yonex Co., Ltd saw revenue growth accelerate its fiscal third quarter ended December 31 as nine-month year-to-date (YTD) sales jumped 47.5 percent to ¥79.6 billion.
Drexel Extends Partnership With Nike And BSN Sports
Drexel Athletics has extended its endorsement deal with Nike and BSN Sports to continue to be the school’s official apparel, footwear and uniform provider.
Simon Property Group Sells Off Eddie Bauer Interest
Simon Property sold its interest in its Eddie Bauer licensing joint venture in exchange for additional equity ownership in Authentic Brands Group.
JD Sports Completes Divesture Of Tessuti Brands
JD Sports Fashion Plc, parent of JD Sports, Finish Line, DTLR, and Shoe Palace, completed the divestment of the businesses which trade as Tessuti (inc Xile), Scotts, Choice, Giulio, and Cricket to Frasers Group Plc.
Bob’s Stores Opens Western Mass Location
On February 10, Bob’s Stores will open a new location in Western Massachusetts in the Holyoke Mall. The store will house departments dedicated to activewear, denim, casual, workwear, team, and footwear.
Designer Brands Acquires Keds From Wolverine Worldwide
Designer Brands, the parent of DSW, reported it acquired Keds from Wolverine Worldwide. The company also expanded its agreement with Hush Puppies to include U.S. and Canadian licensing.
Jansport Divesture Plan Confirmed By VF Corp. Management
VF Corp. management confirmed on a Tuesday conference call with analysts that the company began a review of strategic alternatives for its global packs business. SGB Media previously reported speculation regarding the divestment of the Jansport brand this past December.
Under Armour Raises Full-Year Guidance On Strong Q3 Beat
Under Armour, Inc. raised its earnings guidance for the year as its earnings for the fiscal third quarter ended December 31 easily topped Wall Street’s targets as gross margin pressures were offset by cost controls. Sales were slightly above consensus targets. One area of concern was inventory levels, which were up 50 percent.
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal