Crocs CFO Resignation & New CFO Appointment
Crocs CFO Healy resigns, replaced by Reagan from SharkNinja. Revenue decline expected. Cost-saving measures are being implemented amid an uncertain environment.
Academy Sports and Outdoors reduces China reliance by 20%
Sportswear retailer Academy Sports and Outdoors has cut down on the percentage of goods it sources from China, saying that lessening the company’s reliance on a single country “best positions” the business for the years ahead, CFO Carl Ford said during a Dec. 10 earnings call.