December 07, 2017
The parent of Smith & Wesson reported net income of $3,234,000 compared to $32,483,000 for the second quarter ended Oct. 31 as sales fell 36% to $148,427,000 from $233,528,000 last year when the sell-in of guns to the market reached its pre-election frothiest.
Voting mostly along party lines, the House passed by a 231-198 vote legislation that would enable persons with a valid concealed carry permit in one state to legally travel to other states.
BSN Sports, which has been rolling up team dealers across the country, adds the team dealer subsidiary of Hibbett Sporting Goods, which sells team apparel and equipment in AL and parts of GA and the FL panhandle.
Retail and rental segment sales increased 24% to $45,407,000 from $36,479,000 in MTN’s seasonally small first fiscal quarter ended Oct. 31, with gross profit of $22,466,000 vs. $18,075,000 on flat margins at 49.5%.
The Altamont Capital-backed skate company will be added to TSI’s portfolio of over 40 brands and will continue to be operated by founder Keith Hufnagel and current management in its existing CA offices.
Following news that Institutional Shareholder Services had pivoted to endorse activist investor Marcato’s reduced three-candidate slate for Deckers’ board, DECK landed the support of Egan-Jones for retaining the existing board.
The Big a signed an eight-year deal to sponsor the University of South Florida starting with the 2018/19 school year, which will provide $2.8 million a year in uniforms and gear for its 19 teams and $150,000 a year in cash.
As expected following last month’s notification that it was reviewing the credit rating for VSTO, the ratings agency issued a B1 rating for its corporate secured debt, down from Ba3, and a B3 rating on its unsecured debt from a B2 rating earlier.
The family of Bruce Fendell has established a scholarship in his name with the Two Ten Foundation to fund the higher education of a footwear industry employee or child of an employee based on need.