Analytics Company Catapult Buys XOS Digtial TSN Profits For FY '15 Only Down Slightly NextVR Draws $20M From Chinese Investor Int'l Speedway Corp. Lowers '16 Expectations Source: Disney Buying 33% BAM Tech Stake Bruin Sports Buys Video Streaming Firm Nike's North American Profits Take Dip Titleist Owner Acushnet Files For IPO Sources: DraftKings, FanDuel In Talks For Merger WME-IMG Expanding Its Chinese Business
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).