SGB Sports & Fitness

TJX’s Q1 Tops Street Estimates

The TJX Cos. Inc., which owns T.J. Maxx, Marshalls and Sierra Trading Post, reported first-quarter earnings rose 7.1 percent to $508.3 million, or 76 cents a share, easily exceeding Wall Street’s consensus estimate of 71 cents.

Newell Brands to Establish Global HQ in New Jersey

Newell Brands Inc. (NYSE: NWL), which closed its acquisition of Jarden Corp. and its $2.74-billion-a-year sporting goods segment last month, will establish a new global headquarters in Hoboken, N.J. after securing $27 million in economic incentives from the state.

76ers Sell First NBA Jersey Ad

The Philadelphia 76ers sold their first jersey patch sponsorship to StubHub, marking the first time a major professional sports league in the United States has sold advertising on its uniform.

Pop Warner Eliminates Kickoffs

Pop Warner, the nation’s oldest youth football organization, announced that it will become the first national football organization to eliminate kickoffs.