For the second year in a row, National Health Through Fitness Day will not occur in March.
Category: Outdoor
Big 5’s Q4 Profits Soar, Forecasts Strong First Quarter
Big 5 Sporting Goods Corp. reported a significant hike in earnings in the year ended January 3 as same-store sales jumped 10.5 percent. The sporting goods chain also hiked its dividend by 50 percent and predicted same-store in the first quarter would climb approximately 20 percent.
Globe International Sees 60 Percent Growth In First Half
Globe International Limited, based in Melbourne, reported a significant increase in sales and profitability in the first half ended December 31. The company’s four brands, Impala, FXD, Globe and Salty Crew, all grew.
Target’s Q4 Earnings Run Up 58 Percent
Target Corp. reported adjusted EPS in the fourth quarter improved 58.0 percent to $2.67 from $1.69 a year ago and ahead of Wall Street’s consensus estimate of $2.49. Same-store sales grew 6.9 percent.
Macy’s Announces Changes To Its Senior Leadership Team
Macy’s Inc. announced changes to its senior leadership team, including the exit of its COO and a new CIO and head of real estate.
Camping World Announces Deal To Acquire EZ Living RV In Illinois
Camping World Holdings Inc. announced an agreement to acquire EZ Living RV in Braidwood, IL.
Nike’s GM North America Exits
Nike Inc. announced that Ann Hebert, vice president and general manager, North America geography, has departed from the company, effective today, March 1.
Compass Diversified Announces Proposed Private Offering Of $750 Million Of Notes
Compass Diversified (CODI) said it intends to commence an offering of $750 million of senior unsecured notes due 2029 in a private offering.
Dick’s SG Announces Grand Opening Of Four Stores In March
Dick’s Sporting Goods will expand its footprint with the opening of three Dick’s Sporting Goods locations and one Warehouse Sale location in March.
Camping World To Acquire Triple A RV Center
Camping World Holdings Inc. announced that an agreement has been signed to acquire Triple A RV Center in Medford, OR. The acquisition is anticipated to close in March.
Olin Announces Refinancing Transaction
Olin Corporation, the parent of Winchester, announced the execution of an amendment to its existing credit agreement, which increased the term loan facility by $315 million
JS Industries Opens New North American HQ In Oceanside
JS Industries officially opened its North American headquarters in Oceanside, CA.
Moody’s Assigns B1 To Bass Pro’s Term loan
Moody’s Investors Service assigned a B1 rating to the proposed term loan of Great Outdoors Group, LLC, the corporate name of Bass Pro Group. Concurrently, Moody’s affirmed the company’s Ba3 corporate family rating (CFR) and Ba3-PD probability of default rating (PDR). The outlook remains stable.
Sunglasses Retailer Solstice Marketing Files For Bankruptcy
Sunglasses retailer Solstice Marketing Concepts LLC filed for bankruptcy with a plan to restructure and seek new financing.
Wolverine World Wide Scores S&P Upgrade
S&P Global Ratings revised the debt ratings outlook on Wolverine World Wide Inc. to stable from negative as the company has outperformed S&P’s expectations during the ongoing pandemic and paid off its $171 million 364-day term loan.
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