Featured Story

StubHub's Q3 Revenue Up 5%, Aided By International Growth, Early NHL Sales

Published in SportsBusiness Daily on 10 / 19 / 17

StubHub during its Q3 that ended Sept. 30 generated $275M in revenue, up 5% from the comparable period last year, according to earnings released late yesterday by corporate parent eBay. The company also posted $1.2B in gross sales, up 2%. The eBay earnings report credited StubHub’s internation...

Read More

Tags: Finance, StubHub

More Stories

09/28/99
KNIGHT VISION: NIKE CEO SAYS FOGDOG BEST ONLINE SALES OPTION

Nike formally announced its strategic partnership with Fogdog Sports in exchange for a 12% stake in the online retailer. Fogdog will have an exclusive position with Nike among online-only retailers fo

Tags: Finance, Nike

09/28/99
HAS ACTION PERFORMANCE/NASCAR RELATIONSHIP TURNED SOUR?

After announcing last year that it had been hired "to develop and operate a comprehensive" e-commerce system for NASCAR''s Web site, Action Performance has instead built its own e-commerce site and th

Tags: Finance, NASCAR, Walt Disney

09/27/99
JUST FOR FEET SECURES $215M IN CREDIT; STOCK ON RISE TODAY

Just For Feet (JFF) "got its cash late last week but not before worries about delays in lining up a credit line clobbered its stock," according to Jerry Underwood of the BIRMINGHAM NEWS. JFF''s stock

Tags: Finance

09/27/99
A MONUMENTAL FEET? FOGDOG GETS OK TO SELL ALL NIKE PRODUCTS

Nike, which has previously "blocked" Internet-only stores from selling its items, "has reversed its stand" and will allow CA-based Fogdog Sports to sell the full Nike product line online, according to

Tags: Finance, Nike, Reebok

09/23/99
DID THE FEET FAIL INVESTORS? JFF TAKES HIT ON WALL STREET

Just For Feet (JFF) "took a dive on Wall Street yesterday, losing almost half its value since Tuesday when it said it might sell some of its stores," according to Judith Schoolman of the N.Y. DAILY NE

Tags: Finance

09/22/99
QUAKER SET TO REFOCUS EFFORTS ON GATORADE BRANDING

As part of a cost-cutting plan, Quaker Oats announced it will reduce its work force by 10%, or 1,400 employees. But the company will invest $230-245M in expanding U.S. and Canadian production capacity

Tags: Finance

09/22/99
FINANCE NOTES

In Palm Beach, John Murawski reported that FL-based Visual Edge Systems CEO Earl Takefman and President Richard Parker "have been ousted by the company, and now the two sides are bickering over $550,0

Tags: Finance

09/17/99
JUST EARNED IT: NIKE RELEASES IMPROVED FIRST-QUARTER RESULTS

Nike''s first-quarter earnings of $200M, or $.70 a share, is a 25% increase over the year-ago period, but its reported $2.5B in revenue marked no growth from a year ago, according to Deborah Adamson o

Tags: CBS, Finance, Nike, Viacom

09/14/99
FINANCE NEWS: INSIDE SFX'S ACQUISITION OF HENDRICKS SPORTS

The SPORTSBUSINESS JOURNAL''s Josh Gotthelf reports that SFX Entertainment paid $15.7M "in cash" to Randy and Alan Hendricks for their firm in June, and the two could receive "up to an additional" $5M

Tags: Finance

09/09/99
REEBOK LAYS OFF 120; CUTBACKS WON'T AFFECT VENUS, IVERSON

Reebok "laid off" 120 employees in MA yesterday, about 10% of its work force, according to Gregg Krupa of the BOSTON GLOBE, who writes that more layoffs "may be announced later this month." Reebok Dir

Tags: Finance, Nike, Reebok

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug