MANUFACTURING

Callaway Buys Surf City Sportswear Maker

TravisMathew LLC in Huntington Beach was sold to Carlsbad-based Callaway Golf Co. in a $125.5 million cash-and-debt deal expected to close in the third quarter.

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American Vanguard Beats, Shares Pop

Shares of American Vanguard Corp. rose about 16% over the last two trading sessions to more than $20 apiece and a $613 million market cap after the company’s second-quarter profits exceeded Wall Street forecasts.

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Alteryx Shaves Loss on Revenue Gain

Shares of Irvine-based Alteryx Inc. were up more than 15% to a $1.3 billion market cap in after-hours trading on improved quarterly numbers reported after markets closed Wednesday.

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Boot Barn Up in Q1

Shares of Boot Barn Holdings Inc. rose about 17% to $9 and a $242 million market cap during Wednesday trading, after the company reported revenue and profits for the June quarter that beat Wall Street expectations.

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OC Automakers Beat National Pace

Three out of four largest Orange County-based automakers beat the national sales pace for new vehicles in July, according to New Jersey-based market researcher Autodata Corp.

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Edwards Q2 Beats Expectations

Irvine-based Edwards Lifesciences Corp. reported $186 million in profit on sales of $842 million—up 47% and 11% respectively—for the quarter ended June 30.

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Apparel Brand Posts Mixed Results

Costa Mesa-based Volcom Inc. posted $123.2 million in revenue for the first half of 2017, a 4.4% decrease compared to the same period last year, according to Kering, its Paris-based parent.

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Incubator Gets $4.5M for Okami

Aliso Viejo-based Inceptus Medical LLC said it helped Okami Medical Inc. raise a $4.5 million series B financing from U.S. Venture Partners in Menlo Park and other individual investors.

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Rebound Raises $16.5M

Irvine-based medical device company Rebound Therapeutics Corp. raised $16.5 million in Series B financing.

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Vans Up in Q2

Vans, the largest and fastest-growing brand for parent VF Corp., posted a 9% uptick in revenue in its second quarter, which ended July 1.

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Kaiser Beats the Street

Kaiser Aluminum Corp. reported revenue and earnings for the June quarter that beat Wall Street expectations.

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Santa Ana Tech Firm Bought

Cable Exchange, a Santa Ana-based company with 200 employees, was bought by CommScope Holding Co. on undisclosed terms.

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Vizio Seeks $110M in Damages from LeEco

Vizio Inc. filed two separate lawsuits today against LeEco, contending the Chinese conglomerate made false financial statements and claims in the run up to its proposed $2 billion acquisition, which ultimately collapsed in April.

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NB Activist Investor Targets Hain

Newport Beach activist investor Engaged Capital LLC is targeting Hain Celestial Group (NASDAQ: HAIN), a maker of organic drinks and ingredients.

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Axonics Gets $20.5M Series C

Irvine-based device maker Axonics Modulation Technologies Inc. completed a $20.5 million second closing of its series C, bringing the total amount of capital raised for the round to $35 million.

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