April 19, 2018
Net income jumped 25% to $117,652,000 from $93,995,000 in the first quarter as revenues increased 17% to $1,250,078,000 from $1,072,808,000 led by solid gains in global retail and both international and domestic wholesale.
Greg Thompson, VP of footwear, became the latest Nike executive to leave as a result of the company’s clean-up of its work place culture.
Order 3366 requires certain bureaus to deliver in 90 days specific plans that will improve access for recreational activities on public lands and waterways.
This year’s awards were presented to Rep. Elise Stefanik (R-NY), Rep. Erik Paulsen (R-MN) and Sen. Jon Tester (D-MT) for supporting of the outdoor recreation economy and outdoor industry priorities.
Net income was $1,216,000, down 14% from $1,388,000, for the three months ended Mar. 24 as sales rose 1% to $32,149,000 from $31,866,000.
The mountain operations said skier visits were down 1.9% for the season to date although lift ticket sales rose 3.7% and ski school revenues was up 3.4%.