Wolverine World Wide achieved record revenue for the first quarter of 2004 totaling $224.9 million, a 17.4% increase over first quarter 2003 revenue of $191.5 million. Earnings per share during the first quarter of 2004 grew to $0.30 per share compared t
Month: April 2004
Delta Woodside Sees Wider Q1 Loss on Lower Sales: NYSE Will De-List Stock
Delta Woodside Industries, Inc. reported net sales of $37.9 million for the first quarter ended March 27, 2004, a decrease of 18.4% when compared to net sales of $46.5 million for the year-ago quarter. The decrease from Q1 2003 was the result of reduced u
Timberland Q1 Net Jumps 61.1% on 18.7% Revenue Rise
The Timberland Company reported first quarter net income of $31.1 million, 87 cents per diluted share, compared $19.3 million, or 53 cents per diluted share, in the year a-ago period. Revenue increased 18.7% to $321.8 million, driven by strong gains acro
Sierra Club Elects ‘New’ Board
Sierra Club members turned out in unprecedented numbers
this year to elect five new members to the 112-year-old environmental organization's Board of Directors. A record 22.7 percent of the Club's membership returned 171,616 ballots, compared t
Foot Locker to Redeem $150 Million in 5.5% Notes
Foot Locker, Inc. has provided The Bank of New York, as Trustee under the indenture, with notification that it intends to redeem all of its $150 million outstanding 5.5% convertible subordinated notes, effective June 4, 2004.
Under the terms of the notes,
K2 Adds Two More Brands; Beats Q1 EPS Guidance
K2 Inc. reported record sales for the first quarter ended March 31, 2004, an increase of 76.6% to $277.4 million from $157.1 million in the 2003. Diluted earnings per share in the first quarter increased to $0.27, as compared to $0.01 in the year earlier
Phoenix Doubles Q1 Net Sales; over 10% Organic Growth
Phoenix Footwear Group announced consolidated results for the first quarter ended March 27, 2004. Net sales for the first quarter totaled $18.6 million versus $9.2 million for the first quarter of 2003, an increase of $9.4 million or 102%. Net sales for t
Spiegel Will ‘Rationalize’ Catalog Workforce
The Spiegel Group announced that, as part of its ongoing restructuring process, it is taking steps to rationalize its operations, making headcount reductions at its Spiegel Catalog division and its corporate support staff…
OIA Receives Bi-Partisan Support For Conservation Trust
The OIA has announced that last month, Senators Olympia Snowe (R-ME) and Jon Corzine (D-NJ) drafted a letter to the Chairmen and Ranking Members of the Senate Appropriations Committee and the Subcommittee on Interior. The letter urged the Committee's
Everlast Appoints Four New Independent Directors
Everlast® Worldwide Inc. has announced the appointment of Mark Ackereizen, Teddy Atlas, James McGuire Jr. and Jeffrey Schwartz to its Board effective April 16, 2004. With the addition of Messrs. Ackereizen, Atlas, McGuire and Schwartz, Everlast's Boa
Schutt Sports Inks Sponsorship Deals
Schutt Sports, the NFCA’s Official Training and Field Equipment sponsor, has renewed its agreement with the National Fastpitch Coaches Association for three more years. The new contract extends sponsorship through the 2005-06 academic year. Schutt also h
Russell Athletic Renews Washington State Deal
Russell Athletic, a division of Russell Corporation, has announced the renewal and expansion of its relationship with the Washington State University athletic department, making Russell Athletic the “Official Uniform and Apparel” of Cougar football for an
Brunswick Ups Q1 and Full Year Guidance
Brunswick Corporation said it will report earnings estimated between 48 cents and 50 cents per diluted share for the first quarter of 2004, up from previous guidance of 35 cents to 40 cents per share. BC also raised its estimate for the full year to betwe
Russell Renews Washington State Contract
Russell Athletic announced the renewal and expansion of its relationship with the Washington State University athletic department, making Russell Athletic the “Official Uniform and Apparel” of Cougar football for another five years. The agreement, which r
Douglas No Longer Analog’s GM; Burton Resumes Search
Unforeseen business obligations have forced both Burton and Steve Douglas to re-examine their recently signed deal for Steve to come on board as the new General Manager of Analog Clothing. Steve's many past businesses and the contractual constraints
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