#PlaybyPlay Episode 25: Malibu Boats (NasdaqGS: $MBUU) Announces Q1 2021 Fiscal Results and AMMO (OTC: $POWW) Completes Acquisition of Brass Casing Division, NBPA Votes to Start Season on Dec 22 and WWE (NYSE: $WWE) Celebrates Undertaker’s Legacy in November
Point Roberts, WA, Delta BC –November 6, 2020 - Investorideas.com, a leader in investor news and research issues today’s edition of Play by Play covering what’s new in sports and esports headlines plus recent news from publicly traded companies..
Listen to the
podcast:
https://www.investorideas.com/Audio/Podcasts/2020/110620-PlayByPlay.mp3
Read
this in full at https://www.investorideas.com/news/2020/play-by-play/11061MBUU-AMMO.asp
Listen to Investor Ideas podcasts on Spotify
Play by Play – the latest sports headlines,
esports and sports stock news
Malibu Boats, Inc. (NasdaqGS:MBUU) has announced its first quarter
fiscal 2021 results. Some highlights include an increase over Q1 2020 in net
sales of 5.2 percent to $181.0 million, an increase in gross profits over Q1
2020 of 14.3 percent to $45.7 million, and an increase in net income over Q1
2020 of 32.1 percent to $22.0 million. The company’s CEO, Jack Springer,
commented:
“Our team delivered a
phenomenal start to fiscal year 2021. We captured insatiable demand for our
innovative boats, while at the same time flexing our competitive leadership and
vertical integration capabilities to support fantastic margins in our
seasonally lowest margin quarter. During the quarter, we benefited from the hot
retail environment, customer desire for larger boats with more features and
options, and flawless execution of our operational excellence initiatives. As a
result, we have not skipped a beat, as we further drove market share gains and
extended our leadership position in our highly attractive markets.”
Ammunition and munition components manufacturer
AMMO, Inc. (OTC:POWW) has completed the $27 million
acquisition of the Jagemann Stamping Company’s (JSC) brass casing division.
According to the press release, the casing division was “regarded as one of the
best-in-class brass suppliers to the ammunition and munition components
industry for decades.” Fred Wagenhals, AMMO’s CEO, explained:
“We targeted JSC’s
well-established brass casing division in 2018 and closed the transaction in
early 2019, rebranding the operations as Jagemann Munition Components (JMC),
because of the industry leading position they had established based upon their
cutting-edge equipment and world class team. We have seamlessly integrated that
team and operation into the AMMO operations since closing in 2019 and are
excited to have concluded the transaction with the early payoff of the Seller
Note.”
NBPA
Votes to Start Season on Dec 22 and WWE Celebrates Undertaker’s Legacy in
November
The Associated
Press
reports that the NBA’s Players Association voted yesterday to begin its
upcoming season on December 22. The vote by the National Basketball Players
Association (NBPA) included a representative player from each team in the
league. However, player salaries in the shorter-than-usual season, and “how the
league and the players will navigate testing and other health and safety issues
amid the ongoing coronavirus pandemic,” remain unresolved issues. The NBPA said
in a statement:
“Additional details
remain to be negotiated and the NBPA is confident that the parties will reach
agreement on these remaining issues relevant to the upcoming season.”
WWE (NYSE:WWE) has announced Undertaker’s Final Farewell, celebrating legendary wrestling
superstar Undertaker and capping off his career, as part of the Survivor Series on Sunday, November 22.
The WWE is commemorating 30 years of the wrestler’s legacy throughout the
month. An excerpt from the press release details the toast to the star’s
career:
“WWE is celebrating "30 Years of the
Deadman" throughout November, including recently debuted documentaries
"Meeting The Undertaker"
and "WWE Untold: The Phenom and The
Legend Killer" on WWE Network as well as "The Mortician: The Story of Paul Bearer" premiering this
Sunday, November 8 and "Brothers of
Destruction," which premiered in October at the Austin Film Festival,
and will stream on WWE Network on Sunday, November 15. In addition, Undertaker
will be a special guest on "Steve
Austin’s Broken Skull Sessions" immediately following Survivor Series.”
Sam Mowers,
Investorideas.com
Read
other editions of Play by Play and sign up for news alerts here
Sign up to get Play by Play- the latest sports, esports headlines and
sports stock news
Sports
Stocks - esports, sports media, sports teams, sports betting, fantasy sports,
sports equipment and more...
Like Sports Stocks? View our Sports Stocks
Directory Get News Alerts
on Sports Stocks
Investors
can trade these stocks and other ideas on our site using our list of top stock trading apps including Robinhood , Acorn, Stash and
others.
About Investorideas.com - News that Inspires
Big Investing Ideas
Investorideas.com is a recognized news source
publishing third party news, research and original financial content. Learn
about investing in stocks and sector trends with our news alerts, articles, podcasts and videos,
looking at cannabis, crypto, AI and IoT, mining, sports biotech, water,
renewable energy and more. Investor Idea’s original branded content includes
the following podcasts and columns : Crypto Corner , Play
by Play sports and stock news column, Investor Ideas Potcasts Cannabis News
and Stocks on the Move podcast and column, Cleantech
and Climate Change , Exploring
Mining the AI
Eye .
Play
by Play is also part of the Investor Ideas membership content
Disclaimer/Disclosure: Investorideas.com is a
digital publisher of third party sourced news, articles and equity research as
well as creates original content, including video, interviews and articles.
Original content created by investorideas is protected by copyright laws other
than syndication rights. Our site does not make recommendations for purchases
or sale of stocks, services or products. Nothing on our sites should be
construed as an offer or solicitation to buy or sell products or securities.
All investing involves risk and possible losses. This site is currently
compensated for news publication and distribution, social media and marketing,
content creation and more. Disclosure is posted for each compensated news
release, content published /created if required but otherwise the news was not
compensated for and was published for the sole interest of our readers and
followers. Contact management and IR of each company directly regarding
specific questions. More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp Learn
more about publishing your news release and our other news services on the
Investorideas.com newswire https://www.investorideas.com/News-Upload/ and
tickertagstocknews.com
Global investors must adhere to regulations of each country.
Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp
Copyright
and ownership: Play by Play is an Investorideas.com content brand
To contribute
interviews, story ideas and find out more about sponsorship opportunities:
Learn more
about other branded content and sponsorship opportunities at Investorideas.com
Follow us on Social Media
Follow us on Twitter https://twitter.com/Investorideas
Follow us on Facebook
https://www.facebook.com/Investorideas
Follow us on YouTube https://www.youtube.com/c/Investorideas
Join our Investor
Club https://www.investorideas.com/membership/
Contact Investorideas.com
http://www.investorideas.com/About/Contact.asp
800-665-0411
Sports Stocks - esports, sports media, sports teams, sports
betting, fantasy sports, sports equipment and more...
Like Sports Stocks? View
our Sports Stocks Directory Get News Alerts on
Sports Stocks
No comments:
Post a Comment