Groupon says its focus is on the bottom line, rather than top-line growth.
Online sporting goods retailer Global Sports Inc. has filed a registration with the Securities and Exchange Commission to offer 5,000,000 shares of common stock. The company develops and operates sporting goods sites for traditional sporting goods retailers such as the Athlete's Foot and Sports Authority as well as for general merchandisers, media companies and Internet companies such as WebMD.
When available, the company says, a preliminary prospectus will be available from Robertson Stephens or Merrill Lynch. A registration statement relating to the King of Prussia, Pa.-based company's common stock has been filed with the Securities and Exchange Commission, but has not yet become effective.