Deckers beats expectations with rising sales, shrinking losses in second quarter
Earnings, Latest news, South Coast, Tri-County Public CompaniesGoleta-based Deckers Brands, the parent company of Ugg and Teva, saw its net sales increase in the second quarter as the footwear company continued to beat expectations and trim expenses. Sales increased 2.3 percent, to $283.2 million, compared to $276.8 million at the same point in 2019. The company still took a loss, but the Read More →
LTC sees big revenue drop after rent losses
Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public CompaniesLTC Properties’ net income dropped more than 90 percent from the second quarter of 2019 to the second quarter of 2020, as the Westlake Village-based senior-housing property investment trust wrote off $17.7 million in rent. LTC’s stock dropped after the July 31 earnings announcement. It opened at $38.38 on Aug. 1 and was at $36.78 Read More →
Coalition set to unveil aerospace economic plan
Central Coast, Latest news, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Oxnard’s Cure makes $20M buy of CBD firm
Agribusiness, Health Care & Life Science, Latest news, Tri-County Economy, West Ventura CountyThis article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
American Riviera Bank earnings tick up in Q2
Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public CompaniesAmerican Riviera Bank saw a slight rise in its unaudited net income in the second quarter, but the Santa Barbara-based bank is still facing a decreased net income for the year as it prepares for loan losses. The bank’s unaudited net income in the second quarter of 2020 was $1.56 million, up from $1.51 million Read More →
EVMatch of Santa Barbara wins prestigious $25,000 climate prize
Energy, Latest news, Small Business, TechnologySanta Barbara electric vehicle infrastructure platform EVmatch took home a prestigious award on July 27 for its climate efforts, including a $25,000 prize. The startup, which connects EV drivers with residential and commercial charging stations, was among 10 winners of the 2020 Keeling Curve Prize. “These projects—like our former winners—were vetted by top climate experts Read More →
Cottage, Dignity open new urgent care clinics in Oxnard, Solvang
Health Care & Life Science, Latest newsTwo new urgent care facilities operated by different Central Coast health care agencies opened within days of each other in late July. On July 27, Dignity Health opened an urgent care facility in Solvang. A day later, Cottage Health opened an urgent care facility in Oxnard. Urgent care is for medical issues that need medical Read More →
