Wolverine Worldwide’s Q1 Beats Plan

Wolverine Worldwide reported first-quarter earnings slid 4 percent in the first quarter amid store-closing efforts, but results still surpassed expectations as progress was made on its Wolverine Way Forward initiative. The company raised its earnings guidance for the year.

Angel Martinez To Run For Santa Barbara Mayor

“The City of Santa Barbara is at a tipping point. We are at a moment in time when vision and leadership are essential for us to create the city that, by all rights, should be the best small city in America,” the former CEO of Deckers Outdoor said in a statement.

Black Diamond Trims Q1 Loss

Black Diamond Inc. reduced its loss in the first quarter as sales advanced 9 percent due to strong growth across each of its different product categories of climb, mountain and ski.