Sports/Fitness

Nike Blasts Past Wall Street Targets In Q4

Nike Blasts Past Wall Street Targets In Q4

Nike Inc. reported earnings and sales came in well above Wall Street's consensus estimates in the fourth quarter ended May 31. Revenues grew 96 percent year-over-year, supported by a 73 percent jump in Nike Direct sales. Sales in North American climbed 141 percent year-over-year and 29 percent compared to the fourth quarter of 2019. (Read More)

Hibbett Initiates Quarterly Cash Dividend

Hibbett Initiates Quarterly Cash Dividend

Hibbett Inc. announced that its Board of Directors has declared an initial quarterly dividend of 25 cents per share on the company’s common stock. The commencement of the company’s first ongoing dividend program is reflective of the company’s growth and commitment to delivering long-term shareholder value. (Read More)

Hibbett Changes Corporate Name

Hibbett Changes Corporate Name

Hibbett Inc. announced that it changed its corporate name from "Hibbett Sports, Inc." to "Hibbett, Inc.". Mike Longo, president and CEO, said new corporate name better reflects its increased emphasis on athletic-inspired fashion merchandise. (Read More)

Izod Sold To Authentic Brands Group

Izod Sold To Authentic Brands Group

Authentic Brands Group (ABG) has reached an agreement to acquire PVH Corp.'s Heritage Brands business, which includes the Izod, Van Heusen, Arrow and Geoffrey Beene brand trademarks. The cash purchase price for the transaction is approximately $220 million. (Read More)

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