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Published in SportsBusiness Daily on 12 / 18 / 14

Let's just say there are a lot of people unhappy that medical info on Matt Kemp got out publicly. All sorts of confidentiality issues there — Ramona Shelburne (@ramonashelburne) December 18, 2014 While YES and NYCFC announce partnership deal at presser, YES is showing Yankees Maga...

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05/06/14
Adidas Sees Q1 Sales, Profit Drop

adidas' Q1 net profit “plunged because of unfavorable currency effects and weakness at its TaylorMade-Adidas Golf business,” according to Neetha Mahadevan of the WALL STREET JOURNAL. Net profit “fell 34%” to $283.2M, while sales “fell 6%” to $4.92B. adidas “ ...

Tags: Finance, Adidas

04/30/14
Bad Weather In Bristol Hurts SMI's Q1 Revenue

Speedway Motorsports Inc. said cold, wet weather during the NASCAR Sprint Cup Series race weekend at Bristol Motor Speedway dampened total revenue for Q1 this year. The company, which owns nine motorsports facilities, generated $84.5M in total revenue for the quarter, a slight uptick from the $ ...

Tags: Finance, Speedway Motorsports Inc.

04/25/14
UA Sees Big Sales, Profit Gains In Q1

Under Armour saw "profit and sales soar in the first quarter, beating analysts' estimates, but the market punished the athletic wear brand's stock, which fell" more than 7% on Thursday, according to Lorraine Mirabella of the Baltimore SUN. UA attributed its "strong performance" in Q1 to "demand ...

Tags: Finance, Under Armour

04/25/14
Callaway Posts Strong Q1 Results

Callaway Golf saw "market share gains across nearly all of its club and ball product lines," which propelled the company to "strong financial results for the first quarter, but concerns that the momentum won’t last sparked a sell-off" of its shares on Thursday, according to Mike Freeman of the ...

Tags: Finance, Callaway Golf

04/24/14
CDI Posts Small Loss During Q1

Revenue from Churchill Downs Inc.’s "three main business segments -- racing operations, casinos, and online betting -- were all up" in Q1 compared with the same period last year, but CDI "still posted a small loss for the period," according to financial documents cited by Matt Hegarty of DAILY ...

Tags: Finance, Churchill Downs Inc.

04/22/14
Sochi Games Provide Q1 Jolt For NBCUniversal

The Sochi Games "boosted TV ratings, revenue and profit" at NBCUniversal, while parent company Comcast "reported its second quarterly video subscriber increase in a row," according to Georg Szalai of the HOLLYWOOD REPORTER. NBCU "aired the Winter Games on its broadcast and cable networks in the late ...

Tags: NBC, Finance, Comcast Corp.

04/18/14
Disney: Cable Network Unit Growth To Continue

Disney on Thursday indicated that profits at its "ESPN-dominated cable networks unit would grow in the 'high single digits' on a compounded annual basis for the next three years," according to Brooks Barnes of the N.Y. TIMES. It is "rare for Disney to provide public insight into its future earnings, ...

Tags: Finance, ESPN, Walt Disney

04/14/14
WME Plans To Cut $151M Out Of IMG

INSIDE IMG: THE FINANCIALS Revenue By Division Year College Media & Entertainment Sports Total 2011 $331 ...

Tags: William Morris Endeavor, IMG, Finance

04/14/14
WME Plans To Cut $151M In Costs Out Of IMG

INSIDE IMG: THE FINANCIALS Revenue By Division Year College Media & Entertainment Sports Total 2011 $331 ...

Tags: William Morris Endeavor, IMG, Finance

03/21/14
Nike's Q4, FY '15 Forecasts Below Expectations

Nike's Q3 results "beat analysts' estimates," but after a conference call with analysts on Thursday, the markets "had soured -- reacting to forecasts of lower-than-expected fourth-quarter revenue and slower growth in the next fiscal year," according to Allan Brettman of the Portland OREGONIAN. ...

Tags: Finance, Nike

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