Brunswick Corporation has agreed to sell its Retail Bowling business to Bowlmor AMF for $270 million, contingent upon customary closing procedures. Brunswick also announced its intention to divest its Bowling Products business. Brunswick is ...
Tags: Brunswick Corporation, AMF, Sporting Goods
Crocs, Inc. hit reverse Tuesday, saying it will trim its product line, close stores, cut back on direct investment overseas and focus on efficiency. The latest restructuring plan coincided with release of the company’s financial ...
Tags: Crocs, Stores, Sporting Goods
For the second fiscal quarter ending August 2, 2014, fashion retailer and NYSE-listed Macy's reported an 11 percent rise in diluted earnings per share from the second fiscal quarter of 2013. Earnings per diluted share grew to 80 cents in ...
Tags: Q2FY15, Apparel, Accessories
Destination Maternity Corporation, the world's leading maternity apparel retailer, announced that its Board of Directors has declared a regular quarterly cash dividend of $0.20 per share. The cash dividend will be payable September 26, 2014 ...
Tags: Destination Maternity, Apparel, Accessories
Avery Dennison Corporation announced preliminary, unaudited results for its second quarter ended June 28, 2014. All non-GAAP financial measures referenced in this document are reconciled to GAAP in the attached tables. Unless otherwise ...
Tags: Avery Dennison, Sales, Textile
LyondellBasell Industries announced earnings from continuing operations for the second quarter 2014 of $2.22 diluted earnings per share, or $1.17 billion. Second quarter 2014 EBITDA was $1.94 billion. The increase from the first quarter ...
Tags: LyondellBasell, Q2 Ebitda, Textile
Bed Bath & Beyond Inc. announced the pricing of three series of senior unsecured notes for an aggregate principal amount of $1.5 billion. Of these notes, $300 million will mature in August 2024, were priced to yield and will bear interest ...
Tags: Bed Bath&Beyond, Notes, Textile
Bed Bath & Beyond Inc. announced the pricing of three series of senior unsecured notes for an aggregate principal amount of $1.5 billion. Of these notes, $300 million will mature in August 2024, were priced to yield and will bear interest ...
Tags: Bed Bath&Beyond, Notes, Textile
Abercrombie & Fitch Co. announced that it has initiated a process to refinance its existing credit facilities. The existing credit facilities consist of a $350 million unsecured Revolving Credit Facility maturing July 27, 2016 and a $150 ...
Tags: Abercrombie&Fitch, Apparel, Accessories
Cooper Tire & Rubber Co. has entered into an accelerated share repurchase (ASR) program with J.P. Morgan Chase Bank N.A. Under the ASR agreement, the company will repurchase an aggregate of $200 million of its common stock. Cooper will ...
Tags: Auto Parts, Tire, Tyre
Bed Bath & Beyond Inc. announced that its Board of Directors has authorized a new $2.0 billion share repurchase program. The Company expects that the new share repurchase program will commence after the completion of its existing share ...
Tags: Bed Bath&Beyond, share repurchase, Textile
Rocky Mountain Chocolate Factory reported its operating results for the first quarter of FY2015. The Company also announced that its Board of Directors has approved a new 3 million-share stock buyback program. The Company franchises ...
Tags: Chocolate Factory, FY2015, Food
PPG Industries has announced that it has reached a definitive agreement to acquire Consorcio Comex, S.A. de C.V. ("Comex"), an architectural and industrial coatings company with headquarters in Mexico City, Mexico. The transaction is valued ...
Tags: Construction, Decoration, Coating
Lululemon Athletica Inc. reported a drop in profit for the fiscal first quarter amid a tax charge tied to a share-repurchase plan and lowered its outlook for the year. Comparable-store sales for the first quarter decreased 4 percent on a ...
Tags: Sporting Goods, Recreation
Goodyear Tire & Rubber Co. announced an update to its 2014-2016 capital allocation plan that will allow the company to invest approximately $500 million to build a new consumer tire plant to support demand in North America and Latin ...
Tags: Tire, Rubber Tire