Author: Thomas J. Ryan

Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

Adidas Group Lifts FY Guidance on Strong Q3

November 5, 2015 SGB Update

Adidas Group reported a 10 percent gain in third-quarter profit that beat analysts’ estimates, led by sales growth in Western Europe and China. In North America, sales rose 6 percent in the quarter, improving from a flat first half. The results prom

Fitbit Q3 Revenues Soar

November 5, 2015 SGB Update

Fitbit Inc. reported revenues catapulted 168 percent in the third quarter while adjusted EBITDA nearly doubled. The fitness wearables leader sharply raised its guidance for the year and also announced plans for secondary offering. Said James Park, Fitbit

Escalade’s Q3 Revenues Expand 9 Percent

November 5, 2015 SGB Update

Boosted by acquisitions, Escalade Inc. revenues for the third quarter advanced 9.4 percent, to $34.6 million. Net income from continuing operations, however, slumped 47.4 percent to $2.0 million, or 14 cents a share, from $3.8 million, or 27 cents, a year

Bauer to Close Distribution Facility

November 5, 2015 SGB Executive

Performance Sports Group Ltd. said 59 employees of Bauer are expected to be terminated between January and February 2016 due to the closing of a distribution facility in Mississauga, Ontario…

The Buckle’s October Comps Slide

November 5, 2015 SGB Update

The Buckle, Inc. reported comparable store net sales, for stores open at least one year, for the 4-week period ended Oct. 31, 2015 decreased 5.8 percent…

Kevin Plank to Sell Stock Worth Over $100MM

November 4, 2015 SGB Update

Kevin Plank, Under Armour's chairman and CEO, entered into a pre-arranged stock trading plan to sell up to 1,125,000 shares of the company's class B common stock that he personally owns as well up to 125,000 shares of the Class B stock held by h

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