Deckers beats expectations with rising sales, shrinking losses in second quarter
Goleta-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 →
Hair: Procore campus, listed at $48M, sells for undisclosed amount
Procore’s Carpinteria campus, which also houses a couple of other buildings, was recently sold to an out-of-town investor. The 9.3-acre shorefront campus at 6303-6309 Carpinteria Ave., once the headquarters of CKE Restaurants, was sold by an investment group, which Hayes Commercial Group partners Francois DeJohn and Steve Hayes represented in the sale. The three-building campus Read More →
Breakthrough gives citrus growers hope
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LTC sees big revenue drop after rent losses
LTC 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 →
Saalex, AeroVironment help NASA get to Mars with morning Perseverance launch
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Coalition set to unveil aerospace economic plan
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Towner: Businesses have a crucial role to play in suppressing COVID-19
Last week, California Governor Gavin Newsom reintroduced restrictions on public venues in attempt to control a surge in COVID-19 infections. The order called for closing all indoor operations at bars, wineries, tasting rooms, movie theaters, family entertainment centers, zoos, museums and cardrooms. Closer to home, Ventura County public health officials are closely watching the number Read More →
