Vail Resorts Q4 Loss Widens, Annual Earnings Expand

Vail Resorts Inc. reported that its losses in the fourth quarter ended July 31 grew to $83.7 million, or $2.07 a share, from $57.1 million, or $2.07, a year ago. Results were better than Wall Street’s consensus target of a loss of $2.26. Sales increased 1.2 percent. Resort Reported EBITDA growth for the year grew despite “very challenging conditions” in the western U.S. this past winter.

Wall Street Bullish On Nike Following Q1 Beat

While shares of Nike Inc. dipped slightly Wednesday after the company reported better-than-expected first-quarter earnings, bullish reports arrived from Wall Street touting Nike’s innovation platforms and accelerated growth in North America.

DPS Skis Hires European Sales Manager

DPS, makers of ski products, recently hired Louis Boudrias as part of the company’s internal sales team expansion. Boudrias will serve as the brand’s European sales manager.

Vasque Names Allison Gettings VP And General Manager

Vasque Footwear, part of the Red Wing Shoe Company, announced that Allison Gettings has been named vice president and general manager of Red Wing Vasque. George Curleigh, who has served as vice president and general manager for Vasque and Red Wing Heritage for two years, will pivot to focus exclusively on the global growth of Red Wing Heritage.

Vail Resorts Closes Its Acquisition Of 3 Resorts

Vail Resorts Inc. on Thursday announced that the company has closed on its acquisition of Triple Peaks LLC, the parent company of Okemo Mountain Resort in Vermont, Mount Sunapee Resort in New Hampshire and Crested Butte Mountain Resort in Colorado.

Report: Anta Signs Gordon Hayward

Gordon Hayward, the Boston Celtics forward, has reportedly agreed to a “massive shoe deal” with Chinese sportswear brand Anta, according to ESPN.

Woolmark Appoints PR Agency

The Woolmark Company has hired Backbone Media to manage the company’s U.S. public relations activity in the sports and outdoor arena.