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Latest

Region’s restaurants take it outside

By   /  Monday, August 10th, 2020  /  Central Coast, Restaurants, Small Business, South Coast, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  No Comments

In San Luis Obispo, Santa Barbara and Ventura counties, businesses have been encouraged to take advantage of outdoor spaces around them, and in cities like Paso Robles, Solvang, Santa Barbara and Ventura, cities have shut down main thoroughfares to give restaurants more room to expand into the streets and sidewalks. “It’s a really great opportunity Read More →

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Latest

Montecito Bank & Trust reports big quarter due to PPP loans

By   /  Monday, August 10th, 2020  /  Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  No Comments

Montecito Bank & Trust’s total net income grew more than 15 percent in the second quarter, buoyed by increases in total assets, loan growth and deposit growth, the bank announced Aug. 10. Many of the bank’s key measures grew by leaps and bounds between June 30, 2019 and June 30, 2020. Montecito Bank & Trust’s Read More →

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Latest

Inogen revenue falls, but Q2 earnings beat analyst estimates

By   /  Tuesday, August 4th, 2020  /  Central Coast Health Watch, Earnings, Latest news, South Coast, Technology, Tri-County Public Companies  /  No Comments

The COVID-19 pandemic continued to cut into Inogen’s revenue, as new physician referrals and patient mobility declined during a quarter usually marked by increased patient travel and demand. Revenue fell nearly 30 percent in the second quarter to $71.7 million, missing average analyst estimates, and net income of $2.7 million was down from $9.9 million Read More →

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Latest

Alaska Airlines to add Santa Barbara-San Diego daily flights

By   /  Tuesday, August 4th, 2020  /  Latest news, South Coast, Tourism, Tri-County Economy  /  No Comments

Alaska Airlines will fly direct daily from Santa Barbara to San Diego starting Nov. 20, Santa Barbara Airport announced Aug. 4. Alaska Airlines already offers daily service from Santa Barbara to Seattle and Portland. The new flight reduces travel between San Diego and Santa Barbara from a car trip that can take anywhere from four Read More →

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Latest

Goleta small-business grants available until Aug. 7

By   /  Monday, August 3rd, 2020  /  Latest news, Restaurants, Small Business, South Coast  /  No Comments

Grants are available for Goleta’s small businesses, but only for a short time. The grants are being provided by the Santa Barbara Better Together Fund Small Business Grant Program, which was launched in partnership with the city of Goleta, the Santa Barbara Foundation and Deckers Brands. Grants of up to $10,000 will be available for Read More →

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Latest

Deckers beats expectations with rising sales, shrinking losses in second quarter

By   /  Friday, July 31st, 2020  /  Earnings, Latest news, South Coast, Tri-County Public Companies  /  No Comments

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 →

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Latest

American Riviera Bank earnings tick up in Q2

By   /  Tuesday, July 28th, 2020  /  Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public Companies  /  No Comments

American 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 →

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