Apparel Vendor

REI Co-op To Open Four Stores On November 15

REI Co-op To Open Four Stores On November 15

For the first time in its 81-year history, REI Co-op will open four new stores in a single day on November 15, bringing quality outdoor gear, experiences and expertise to Farmington, UT; Huntsville, AL; Oklahoma City and Williston, VT. By the end of the year, REI will have opened a total of eight new stores, relocated two existing stores to larger locations, and opened three new boathouses in 2019. (Read More)

Nike Announces 11 Percent Increase In Quarterly Dividend

Nike Announces 11 Percent Increase In Quarterly Dividend

The payout will mark Nike’s 18th consecutive year of increasing dividend payouts. Said Mark Parker, Chairman, President and CEO of Nike, Inc. “This dividend increase, combined with the four-year $15 billion share repurchase program announced in 2018, reflects continued confidence in our strategies to generate long-term, profitable growth as we accelerate execution of our Consumer Direct Offense.” (Read More)

Under Armour’s Debt Ratings Affirmed

Standard & Poors (S&P) affirmed the debt ratings of Under Armour as the firm's credit metrics have improved as a result of reduced restructuring costs, driving EBITDA margin expansion and higher cash flow generation. The agency did note that the potential ratings impact of the recently revealed accounting investigation by the Securities and Exchange Commission (SEC) and Department of Justice (DOJ) is uncertain (Read More)

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