Ballogy Partners With Naismith Memorial Basketball Hall Of Fame

Ballogy Inc., the software company changing the way youth and amateur athletes train and develop for their sports, announced they are teaming with the Naismith Memorial Basketball Hall of Fame to host 3-Point Shooting Contests at upcoming Hoophall events, a series of match-ups showcasing top Division 1 college basketball teams between November and January.

Peloton Doubles Quarterly Revenue

Peloton Interactive Inc., in its first quarterly report since going public, lowered its net loss to $49.8 million in the first quarter compared to a loss of $54.5 million a year ago. Revenues reached $228.0 million in Q1, representing 103 percent year-over-year growth.

Under Armour Beats Q3 Targets, Reduces Full-Year Revenue Guidance

Under Armour reported quarterly earnings and sales that topped Wall Street’ estimates, but the company trimmed its revenue outlook for the full year, citing “traffic challenges” at the DTC channel and lower than planned excess inventory to service the off-price channel. The company expects earnings to reach the high end of its previous range.

Asics North America Sees Third Consecutive Quarter Of Growth

The third quarter of 2019 for Asics North America (ANA), which includes the United States, Canada and Mexico, showed positive quarterly and year-to-date growth driven by increased traffic to both online e-commerce, retail channels, according to a statement from Asics North America.