June 01, 2017
Net income fell 31% to $31,246,000 compared to $45,336,000 on a 5% sales increase to $520,307,000 against $495,516,000 for the quarter ended Apr. 30 that included a 1% comp store decline.
Net loss more than doubled to $4,448,000 from $2,137,000 in the first quarter ended Apr. 29 on higher compensation spending, even as revenues gained 5% to $181,155,000 from $172,970,000 bolstered by comp store sales that increased 1.8% against a -7.5% comp in Q1 last year.
OIA called on Congress and state legislatures to redouble their efforts to fight climate change “in the absence of leadership by the Trump administration.”
Adjusted background checks rose 6.5% in May to 988,473 compared to 928,532 in a seasonally slow month.
The former head of Reebok’s North American operations and president of the Keds brand under Stride Rite had most recently been CEO and chairman of Aerosoles.
RGR named Sarah F. Colbert as VP of administration, Robert J. Werkmeister, Jr. as VP of marketing, and Michael W. Wilson as VP of Mayodan operations.
Dick’s will become the official retailer and the official technology partner of the largest member of the U.S. Soccer Federation.
Saying that it has moved from its restructuring stage to a time when it needs to focus on operations, Billabong said Peter Myers, who served as CFO since Jan. 2013, will be succeeded by Jim Howell.
The complaint in Northern District IL alleges that Plano Synergy Holding, which for years was a supplier of its Ready2Fish starter fishing tackle box sets, is now selling an identical box under the name Ready Set Fish.
Plaintiff asks the court to declare that its Overpass 200 and Overpass 300 models do not infringe on R.A. Allen’s patent 8,636,184 for compact folding bike racks.