This Trio Turned Their Frustration With Flimsy Beach Umbrellas Into A Fast-Growing Startup [Forbes]
Dick's Sporting Goods Inc (DKS)
Last dick's sporting goods inc earnings: 3/10 07:30 am
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Source: Forbes
to set up, don't cast much shade, blow away with the first strong gust, and break easily. Brothers Dane and Scott Barnes and their best friend Alex Slater shared that frustration while visiting their parents' beach houses on Emerald Isle, N.C. In 2016, they decided to do something about it: They launched what became , a fast-growing sun-shade startup in Raleigh, N.C. Today, Shibumi says it has sold more than 300,000 of its shades since the company's inception, with sales growing 75% year over year since 2019. The Classic Canopy, a signature product, goes for $275. Assuming all of the shades sold for that price, that would mean cumulative sales have been $82.5 million. The founders say it has been profitable since year one. Shibumi co-founders Dane Barnes, Scott Barnes and Alex Slater (left to right) tapped their ... [+] frustration with traditional beach umbrellas to create a fast-growing sun shade at their startup Shibumi. The company has continued to grow at a clip, with Shibu
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News
- Dick's (DKS) Down 1.8% Since Last Earnings Report: Can It Rebound? [Yahoo! Finance]Yahoo! Finance
- American Outdoor Brands, Inc. (NASDAQ:AOUT) Q4 2024 Earnings Call Transcript [Yahoo! Finance]Yahoo! Finance
- Celebrate the Fourth of July with savings on camping and outdoor gear [FOX News]FOX News
- Nike set for weak quarterly sales growth as On, Hoka chip away market share [Yahoo! Finance Canada]Yahoo! Finance Canada
- Nike set for weak quarterly sales growth as On, Hoka chip away market share [Yahoo! Finance]Yahoo! Finance
DKS
Earnings
- 5/29/24 - Beat
DKS
Sec Filings
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- 6/13/24 - Form 4
- DKS's page on the SEC website