SGB Update Outdoor

Globe International Sees 60 Percent Growth In First Half

Globe International Limited, based in Melbourne, reported a significant increase in sales and profitability in the first half ended December 31. The company’s four brands, Impala, FXD, Globe and Salty Crew, all grew.

Target’s Q4 Earnings Run Up 58 Percent

Target Corp. reported adjusted EPS in the fourth quarter improved 58.0 percent to $2.67 from $1.69 a year ago and ahead of Wall Street’s consensus estimate of $2.49. Same-store sales grew 6.9 percent.

Nike’s GM North America Exits

Nike Inc. announced that Ann Hebert, vice president and general manager, North America geography, has departed from the company, effective today, March 1.

Camping World To Acquire Triple A RV Center

Camping World Holdings Inc. announced that an agreement has been signed to acquire Triple A RV Center in Medford, OR. The acquisition is anticipated to close in March.

Olin Announces Refinancing Transaction

Olin Corporation, the parent of Winchester, announced the execution of an amendment to its existing credit agreement, which increased the term loan facility by $315 million

Moody’s Assigns B1 To Bass Pro’s Term loan

Moody’s Investors Service assigned a B1 rating to the proposed term loan of Great Outdoors Group, LLC, the corporate name of Bass Pro Group. Concurrently, Moody’s affirmed the company’s Ba3 corporate family rating (CFR) and Ba3-PD probability of default rating (PDR). The outlook remains stable.

Wolverine World Wide Scores S&P Upgrade

S&P Global Ratings revised the debt ratings outlook on Wolverine World Wide Inc. to stable from negative as the company has outperformed S&P’s expectations during the ongoing pandemic and paid off its $171 million 364-day term loan.