Brunt Workwear Secures $20 Million Series B Funding
Brunt Workwear, based in Boston, announced it had closed on a $20 million Series B funding round to accelerate growth just 17 months after the company launched.
TJX’s Q4 Results Miss Wall Street Targets
TJX Cos. reported earnings came in well above year-ago levels in the fourth quarter as sales grew 27 percent but results trailed Wall Street’s consensus estimates.
Camping World’s Q4 Sales Expand 24 Percent
Profits at Camping World Holdings Inc. rose 47 percent in the fourth quarter ended December 31 on a 22 percent revenue gain.
Wolverine Worldwide’s Sales Jump 25 Percent In Fourth Quarter
Wolverine Worldwide reported adjusted earnings in the fourth quarter nearly doubled as sales grew 25 percent. Results were slightly ahead of Wall Street targets. Sales grew 35 percent for 2021 and are expected to expand in the range of 15 to 18 percent in the current year.
Puma Scores Record-Breaking Year In 2021
Puma’s fourth-quarter sales climbed 14 percent on a currency-adjusted basis as operating profits showed a slight gain, capping off a year that delivered the highest sales and EBIT (earnings before interest and taxes) in the company history. Puma’s currency-adjusted sales grew 32 percent for the year, and the brand expected at least 10 percent growth in 2022.
Primary Arms Optics Appoints U.S. Field Sales Manager
Primary Arms Optics has announced the promotion of Jeff Scheider to the role of U.S. field sales manager.
Prestacycle Appoints VP Of Marketing
Prestacycle, the bicycle tools and components brand announced that Brandon Hirokawa is its new director of marketing and strategic development.
My Backyard Sports To Expand Through Franchising
My Backyard Sports, a design and installation company specializing in customizable courts and sport surfaces, announced it will expand its business in the U.S. through franchising.
Naboso Appoints Director Of Sales
Naboso, the maker of recovery products, announced the addition of Brian Roberts as director of sales. Most recently, Roberts was the national sales manager at Altra Running.
FlexIt Appoints Head Of Athletic Performance
FlexIt, the online fitness training platform, named Jason Terry as its first Head of Athletic Performance.
Slinger Closes On PlaySight Interactive Acquisition
Slinger announced the completion of its acquisition of PlaySight Interactive Ltd., a producer of video technology, analytics and automated video production for sports.
Brooks Surpasses $1 Billion In Revenue
Brooks Running reported that it set new records in 2021, ending the year with global revenue exceeding $1.11 billion, an increase of 31 percent year-over-year. This result marks the first time the running brand has reached $1 billion in annual revenue.
Dillard’s Sees 37 Percent Jump In Q4 Same-Store Sales
Dillard’s, Inc. reported earnings grew nearly five-fold in the fourth quarter ended January 29 as sales jumped 37 percent. Both earnings and sales topped Wall Street targets.
Macy’s Fourth Quarter Results Exceed Expectations
Macy’s Inc. reported fiscal fourth-quarter earnings and sales that outpaced analysts’ estimates and said that a strategic review has prompted the retailer to accelerate its turnaround plans.
Camping World Announces 25 Percent Regular Dividend Increase
Camping World Holdings, Inc. announced that its Board of Directors has increased the company’s quarterly dividend by 25 percent.
