Search Results for: coronavirus

Academy Sports Outlines Coronavirus Response To Customers

Academy Sports Outlines Coronavirus Response To Customers

In a letter to customers, Ken Hicks, Academy Sports’ chairman, president, and CEO, announced a number of precautions the chain is taking in response to coronavirus. He wrote in part, "We are fortunate that we currently have no reported team member or customer cases and our stores and facilities remain open for business." (Read More)

Coronavirus Has Disrupted Supply Chains For Nearly 75 Percent Of U.S. Companies

Coronavirus Has Disrupted Supply Chains For Nearly 75 Percent Of U.S. Companies

According to a survey from the Institute for Supply Management (ISM), nearly 75 percent of companies report supply chain disruptions in some capacity due to coronavirus-related transportation restrictions, and more than 80 percent believe that their organization will experience some impact because of COVID-19 disruptions. (Read More)

Vail Resorts CEO Talks Coronavirus, Snowfall, Lift Lines, M&A

Vail Resorts CEO Talks Coronavirus, Snowfall, Lift Lines, M&A

Vail Resorts on Monday withdrew its fiscal 2020 guidance because it’s not yet sure how badly the coronavirus outbreak will sag its financial performance. The company plans to provide an update next week, but right now Vail plans to keep all its resorts open as scheduled, according to CEO Rob Katz, who addressed this issue and others on the fiscal second-quarter earnings call. (Read More)

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