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Callaway Golf’s Debt Ratings Lowered

Standard & Poors Corp. lowered all of its debt ratings on Callaway Golf by one notch to ‘B+’ and placed them on CreditWatch with negative implications. The change was due to its expectation a “severe slowdown in economic activity and consumer spending” as a result of the COVID-19 pandemic will reduce Callaway’s sales and EBITDA.

Which Public Companies Will Emerge Strongest From COVID-19 Crisis?

How are active-lifestyle brands like Crocs, Nike and Lululemon plus retailers like Dick’s, Foot Locker and Hibbett navigating the coronavirus? Susquehanna’s most recent note says that the current crisis is weighing on all businesses, but some are better positioned than others. Here’s their ranking of 19 public companies based on who will emerge the strongest from this crisis.

March M&A Roundup: Public Companies Make Moves Before Deals Dry Up

Three public companies—Compass Diversified Holdings, Sportsman’s Warehouse Holdings Inc. and Clarus Corp.—announced key acquisitions last month before the coronavirus all but stopped M&A activity. Most of the transactions that were announced came in the first half of March before social distancing took hold, the stock market collapsed, and businesses began shuttering operations and laying off employees.

NRF Big Show Brings Out Active Lifestyle’s Leaders

A record crowd of 40,000 attended the NRF Big Show last week in New York City to explore retail’s latest tech tools set to battle the digital transformation. Officials at Puma, Nike, Under Armour, Kohl’s, Adidas and Patagonia were among those leading education sessions.

Sportsman’s Warehouse Sees Headwinds Easing—Eventually

Jon Barker, the CEO of Sportsman’s Warehouse Holdings Inc., on Monday spoke to investors at the ICR Conference in Orlando, FL, about the company’s need to reduce guidance for the fiscal quarter and year due to a variety of headwinds. But those should be easing soon, and the retailer remains upbeat about the coming year.