Performance Sports Group Ltd. swung to a net loss in the fiscal third quarter ended February 29 as expected due to a precipitous drop in baseball and softball sales, retail bankruptcies and the impact of currency exchange rates on its ...
Fresh food packaging manufacturer Linpac plans to invest £1.2m to boost its production at St Helens manufacturing site in the North West of England. With the investment, Linpac will produce a further 200 million expanded ...
Tags: Linpac, Investment, St Helens manufacturing, EPS
Iconix Brand Group Inc. reported a loss of $263 million, or $5.44 a share, after charges of $402.4 million to writeoff the company's trademarks and goodwill. Over 90 percent of the impairment is related to the company's men's business ...
Next reports a "solid" performance over its last financial year to January 2016, with Directory (online and catalogue) sales up 8% and Retail 1%. Total group sales rose by 3% to £4.1b. Despite this, growth was lower than predicted. ...
Tags: Next, Performance, Sales
Engineered materials and optoelectronic component maker II-VI Inc of Saxonburg, PA, USA has completed its acquisition of broadband wireless and wireline communications component maker Anadigics Inc of Warren, NJ, USA for about $78.2m. The ...
Tags: Anadigics, II-VI Inc, Acquisition
Adidas Group reported a narrower loss in the fourth quarter as gross margins expanded and currency-neutral sales jumped 12 percent, driven by accelerated momentum at both Adidas and Reebok. On a currency-neutral basis, sales grew 16 percent ...
Tags: Adidas Group, Reebok
United Natural Foods has reported financial results for the second fiscal quarter and six months ended January 30, 2016. The Company also announced today that it has acquired certain assets of Global Organic/Specialty Source, Inc. and ...
Cabela's Inc. reported that adjusted for certain items, net income in the fourth quarter increased 9.5 percent to $86.8 million, or $1.26 a share, exceeding Wall Street's consensus estimate of $1.21 with the help of cost control ...
Tags: Cabela, Sporting Goods
Flowers Foods, Inc,producer of Nature's Own, Wonder, Tastykake, and other bakery foods, reported financial results for the company's fourth quarter and year ended January 2, 2016 and provided guidance for fiscal 2016. Reported results ...
Tags: Flowers Foods, EBITDA
Last year the leading fresh food packaging supplier, Linpac, won the most improved factory award for its St. Helen’s site in the prestigious Britain's Best Factory Awards. A major part of the work at St Helens - and throughout the ...
Margins for non-integrated styrene monomer producers in Asia shrank to their narrowest in 11 months Monday due to firm feedstock ethylene and tumbling SM market amid weak demand season in the fourth quarter. The margin was calculated at ...
Tags: styrene, benzene, polystyrene
Dick's Sporting Goods reported adjusted earnings per share rose 10 percent in the third quarter, coming in at the lower end of its guidance. Same-store sales inched up 0.4 percent. The retailer also lowered its EPS and same-store guidance ...
Tags: Dick, Sporting Goods, athletic footwear
Taiwanese copper and electronic cable manufacturer Walsin Lihwa (Walsin) board has decided to sell its LED subsidiary Xian Walsin Technology in China’s assets for RMB 166 million (US $26.72 million) to Shangxi Electronic Information ...
Tags: LED business, Walsin, LED market
Orion Energy Systems, a leading designer and manufacturer of high-performance, energy-efficient lighting platforms, today announced financial results for its fiscal 2016 first quarter ended June 30, 2015, highlighted by strong LED sales and ...
Tags: Orion Energy Systems, energy-efficient lighting, LED lighting
Top Taiwanese LED manufacturers Everlight and Epistar revenues for second quarter of 2015 were impacted by trending low LED prices on the market, according to a China Times report. Even though Epistar revenues made a turnaround in second ...