Shamrock Looking To Sell Stake Of Learfield Learfield Sports Reportedly Up For Sale Van Wagner Sports Invests In CineSport Puma Reports Decline In Q1 Earnings ESPN Helps Boost Disney's Q2 Income IMG Reportedly Rejected $2B Bid SMI Reports Loss Of $1.3M For Q1 Callaway Golf Sees $42M Q1 Profit UA Exceeds Q1 Earning Expectations IMG Golf Acquires IGP S&E
Upcoming Conferences and Events
Featured Story
Shamrock Capital Looking To Sell Majority Stake Of Learfield 19 Months After Acquisition06 / 14 / 13Shamrock Capital Advisors, an L.A.-based private equity firm that owns the majority of Learfield, is looking to flip the college sports media and marketing agency. Shamrock acquired close to 80% of Learfield for $80M in December '11 and has begun the process of selling it after nearly 19 months of o... Tags: Finance |
More Stories
SMI Posts A Net Loss For '11
Challenging economic conditions and decreased ticket prices swung Speedway Motorsports Inc. to a net loss in '11. The company today reported a net loss of of $6.4M compared to net gain of $44.5M in '10. Its total revenues increased by $3.6M largely as a result of a $7M increase in event-related reve ...
Tags: Finance, Speedway Motorsports Inc.
ESPN Helps Boost Disney's Q1 Profit
A strong performance by ESPN "helped drive a 12% increase" in Walt Disney Co.'s Q1 net income compared with a year earlier, according to Dawn Chmielewski of the L.A. TIMES. Net income rose to nearly $1.5B for the period, up from $1.3B a year earlier. Disney reported that revenue for the quarter ende ...
Tags: Finance, ESPN, Walt Disney Co.
Under Armour Reports Q4 Revenue Growth
Under Armour today announced net revenues increased 34% to $403M during Q4 of '11. Net income increased 42% to $33M. Diluted earnings per share were $0.62, compared with $0.44 per share during Q4 last year. Apparel net revenues increased 27% to $323M, compared with $254M in the same period ...
Tags: Finance, Under Armour
ISC Sees Net Income Of $69.4M For FY '11
Despite seeing total revenues decrease by $15.6M last year, Int'l Speedway Corporation today reported net income of $69.4M for FY '11. Admissions revenue decreased 10% from '10 to $144.4M, but ISC did not host IndyCar Series events at its Kansas, Chicagoland, Watkins Glen or Homestead trac ...
Callaway Golf Reports Q4 Losses
Callaway Golf yesterday reported "wider fourth quarter losses," but said that it “is hitting expense reductions goals and that sales and profits will improve" in '12, according to the AP. Callaway said that it “lost $65.6 million in the quarter, compared with a loss of $34.9 mi ...
Tags: Callaway Golf, Finance
Nike Revenues Up 18% For Q2
Nike yesterday reported a 3% "profit for its second quarter that ended Nov. 30,” according to Allan Brettman of the Portland OREGONIAN. Nike reported net income of $469M and diluted earnings per share increased 6% to $1, reflecting a 4% "decline in the weighted average diluted common shar ...
Walt Disney Sees Strong Q4 Earnings
Walt Disney Co. "reported strong fourth-quarter earnings, buoyed by gains at Disney Channel and ESPN and at the Burbank company's theme parks," according to Dawn Chmielewski of the L.A. TIMES. ESPN, which "set viewership records for the fourth consecutive year, also benefited from fee increases and ...
Tags: Finance, Walt Disney Co., ESPN
SMI Q3 Revenues Jump 43% From '10
Traffic delays at Kentucky Speedway may have been a negative for fans, but the first NASCAR Sprint Cup race at the track was a positive for SMI's bottom line. The company today reported that Q3 revenues rose 43% to $177M, which it attributed in part to hosting the first Cup race at Kentucky Spe ...
Tags: Finance, Speedway Motorsports Inc.
Under Armour Reports Strong Q3 Revenue
Under Armour officials yesterday said that while the company's core apparel lines “drove strong revenue results in the third quarter, the company is preparing to launch even more products, including sneakers, as well as to enter new markets, such as China,” according to Liz Kay of the Ba ...
Tags: Finance, Under Armour, Puma
Nike Sees Record Revenue In First Quarter
Nike “set records for revenue and diluted earnings per share in the first quarter that ended Aug. 31,” according to Allan Brettman of the Portland OREGONIAN. The company credited “strong demand for its products as well [as] attention to controlling expenses and tax efficiencies&rd ...
