Real Estate: Lower State Street becoming a billionaire’s row for hotel owners
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Federal, state authorities flag 71 bridges in tri-county region as ‘poor’
Each day, an estimated 72,500 vehicles cross a bridge on the southbound lanes of Highway 101 over railroad tracks at the Montalvo Metrolink station in Ventura. In Santa Barbara County, bridges on the northbound and southbound lanes of Highway 101 over San Jose Creek, west of Highway 217 in Goleta, carry about 60,500 vehicles every Read More →
Sonos shares up after Q1 earnings report
Santa Barbara-based Sonos delivered revenue growth and beat analysts’ expectations when it announced its results for the first quarter of 2022 on Feb. 9. Sonos, a maker of audio speakers, generated record revenue in the first quarter, with sales worth $664.5 million, a 3% increase year-over-year, driven largely by strong demand in both existing and Read More →
Hoka, Ugg drive Deckers to record-high revenue
Goleta-based Deckers Brands saw revenue increase more than 10% in the third quarter of its 2021-22 fiscal year, beating analysts’ expectations in both revenue and net income with its Feb. 3 earnings release. Deckers’ revenue hit $1.18 billion for the quarter ended Dec. 31, its largest figure ever for a single quarter, CEO David Powers Read More →
Montecito Bank and Trust assets grew 20% in 2021
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American Riviera Bank reports growth in income, loans, assets
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