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Deckers shares rise on news of record sales and earnings

By   /  Thursday, May 20th, 2021  /  Banking & Finance, Earnings, Latest news, middle, South Coast, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Deckers shares rise on news of record sales and earnings

Deckers Outdoor Corp. has opened retail stores for its footwear brands at its new campus headquarters in Goleta. The Ugg boot parent's stock spiraled on Feb. 28, after the company predicted a first-quarter loss stemming from costs to build out company-owned Ugg stores around the world. (courtesy photo)

Shares of Deckers Brands, the Goleta-based parent company of Ugg and other footwear brands, jumped 7% on May 20 following the announcement of its fourth quarter and full-year 2020 financial results, which included big jumps in both revenue and net income. Net sales increased 19.4% from 2019 to 2020, to $2.5 billion, the most in Read More →

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Procore goes public, stock jumps 34%

By   /  Thursday, May 20th, 2021  /  Banking & Finance, Earnings, Latest news, right, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore goes public, stock jumps 34%

Procore CEO Craig "Tooey" Courtemanche sits in his office at the company's Carpinteria headquarters (Nik Blaskovich photo)

Editor’s note: This article was updated after the market closed at 1 p.m. to reflect Procore’s closing price. Carpinteria-based Procore Technologies began trading on the New York Stock Exchange on May 20 and saw its share price shoot up 33.7% on its first day, to close at $89.59. Procore priced shares of its initial public Read More →

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Cure reports net loss, rising revenue in Q1

By   /  Tuesday, May 18th, 2021  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Cure reports net loss, rising revenue in Q1

Oxnard-based Cure Pharmaceutical saw another spike in revenue in the first quarter of 2021, but net losses also continued to grow. Cure had $1.5 million in revenue in the quarter ended March 31, up 400% from the first quarter of 2020, according to the company’s earnings report, released May 17. The bulk of that growth Read More →

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Latest

Procore awaits IPO

By   /  Monday, May 17th, 2021  /  Banking & Finance, Latest news, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Procore awaits IPO

Editor’s note: This article was updated May 19 to reflect the fact that Procore did not begin trading that day. The Carpinteria-based software company Procore Technologies expects to raise around $615 million in an IPO scheduled for no later than May 21. The Procore IPO is on the New York Stock Exchange’s calendar for the Read More →

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Colonial Pipeline fiasco looks familiar to Central Coast observers

By   /  Friday, May 14th, 2021  /  Columns, Energy, Latest news, Subscriber content  /  Comments Off on Colonial Pipeline fiasco looks familiar to Central Coast observers

Henry Dubroff

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Apeel Sciences broadens its scope with first acquisition

By   /  Friday, May 14th, 2021  /  Agribusiness, Latest news, left, South Coast, Sponsored, Startups, Subscriber content, Technology, Top Stories, Tri-County Economy  /  Comments Off on Apeel Sciences broadens its scope with first acquisition

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Real Estate: Camarillo Amazon warehouses fetch $154M

By   /  Friday, May 14th, 2021  /  Columns, Latest news, left, Real Estate, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Real Estate: Camarillo Amazon warehouses fetch $154M

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