Notes: More KY Shop Burglaries; Topps Earnings; Northeast Show on the Move
The wave of burglaries at card shops in SEC country continues. Sometime early Wednesday morning, someone climbed into Louisville Sports Cards—by cutting a hole through the roof, no less.
The shop was closed on Wednesday to assess damage and take inventory. Over 100 sports card boxes including three full cases were stolen.
No suspects have been identified yet according to shop owner Chris Buckler, but detectives are working to gather exterior security camera footage from the surrounding businesses. The value of the missing inventory is over $50,000.
Here’s a list of the boxes that were stolen:
The break-in in Louisville comes after two Lexington shops were also burglarized in recent weeks, along with stores in Alabama and Tennessee.
Sports Card Warehouse in Lexington became the most recent victim of the crime wave that’s also impacted other stores in the south.
Fox 56 talked with the owner and local police:
Topps reported total net sales for the first quarter ended April 3, 2021 increased 55% over the same period a year ago to approximately $166.6 million.
“We are very pleased with the strength exhibited by our business during the first quarter,” stated Michael Brandstaedter, Chief Executive Officer of The Topps Company. “The strong momentum we experienced last year has continued in 2021, and we are excited about our growth opportunities over the near and long term.”
Last month, Mudrick Capital, a publicly-traded special purpose acquisition company, filed its preliminary proxy in connection with its proposed business combination with Topps and the company expects to report full first quarter 2021 results concurrent with the filing of the first amendment to the proxy by MUDS.
Upon closing of the transaction, the combined company will be named Topps and will be listed on NASDAQ under the new ticker symbol “TOPP.”
After 29 years in the same location, Doug Keating of Cardboard Promotions says he’s moving the largest monthly show in New England to a new location.
The show is leaving the Holiday Inn in Mansfield, MA for the Holiday Inn North in Dedham, about 20 minutes north.
The first show in the new location—and the first one since the pandemic– will be Sunday, June 20 with Derek Sanderson as the autograph guest and over 85 tables.
Here’s a Q&A from the Laredo (TX) Morning Times with long-time San Antonio area shop owner Charlie DiPietro.