TPG Takes 53% Majority Stake In CAA Overseas Group Launching Bid To Buy Reebok ISC's Q3 Revenues Jump 11% Oyo Sports Gets $11M Equity Infusion Nike Revenue Up In Q1 Gametime Closes On Venture Capital Round Cox Enterprises Buys Mobile Outfit Experience Wasserman Receives $100M Investment New York State OKs Lawsuit Against RBS Stats LLC Buys Bloomberg Sports
Upcoming Conferences and Events
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).