Nike Reports Relatively Strong Q2 TaylorMade CEO Sharpe Talks About His Plan Adidas Meets Expectations With Q3 Results MSG Could Double In Value With Split ScoreBig Closes $18M Series D VC Funding MSG Considers Splitting In Two Callaway Golf's Q3 Revenue Beats Projections Under Armour's Apparel & Footwear Sales Rise By 29% TPG Takes 53% Majority Stake In CAA Overseas Group Launching Bid To Buy Reebok
Merchandise Trailer Cutbacks, Earnhardt Help MA Post Q1 Profit
Published April 15, 2008
|Earnhardt Jr. Merchandise Helps Motorsports
Authentics Post First Profitable Quarter
POSITIVE OUTLOOK: NASCAR SCENE's Bob Pockrass reported MA execs are "cautiously optimistic about breaking even this year." MA, "at least in part," reaped the benefits from Earnhardt's change from Budweiser to National Guard and Amp, "as well as the change in his team and number." MA lost $6.5M in Q1 '07 and "nearly $43[M]" total last year. Pockrass noted there are "still some merchandise haulers that are not making money and will be re-evaluated" (SCENEDAILY.com, 4/10).