According to the National Golf Foundation, same-store rounds played are up 0.9% for the year, despite a 2.3% decrease for the month of Septemer. The Mid-Atlantic region, with a notable decrease in play days in September, had the largest decrease, down 11.
Month: October 2006
Escalade Sports Looks Outside Mass Channel for Growth…
The Escalade Sports division of Escalade, Inc. reported an increase of 4.5% in net sales for the third quarter to $52.0 million from $49.7 million last year. Operating income at the division, however, decreased 28.4%, while net income dropped 51.7% to $2.
Boa Tech Adds Footjoy to Partner List…
Boa Technology made golf its most recent category venture as it unveiled a partnership with FootJoy in the ReelFit golf shoe. Since 2001, Boa Technology has been used on snowboard boots, athletic shoes, skates, cycling shoes, wakeboard boots, hunting boot
Brunswick Q3 Sales Dip; Earnings Slump 38.8%…
For the third quarter, Brunswick Corporation reported a 1% decrease in net sales to $1.34 billion, down from $1.35 billion last year. Fitness equipment sales increased 7% in the third quarter of 2006 to $136.6 million, up from $127.4 million in the year-a
Skechers Gets BTS and Fashion Athletic Boost in Q3…
Skechers USA, Inc. broke the $300 million barrier for the first time in the third quarter, surpassing guidance for both sales and earnings. Management pointed to “double-digit” growth in kids for back-to-school; domestic wholesale growth of 22%; and “trip
Columbia Sees SKU Count Issues and Close-outs Cut Into Q3 Margins…
While Columbia Sportswear saw a high-single-digit decline in their net income during the third quarter, the impact was not as bad as internal projections at the company initially anticipated thanks to stronger than expected margins at Mountain Hardwear, M
GSI Growing Business, Bottom Line Still Red…
GSI Commerce Inc. beat the high end of its revenue guidance for the third quarter as well as the guidance it gave for the bottom line, but still posted a net loss. The company also announced on a conference call with analysts that it has an “unnamed sport
Volcom Q3 Slowed by PacSun; Taxes Hurt Profits…
After warning the market of its woes with sales to PacSun, Volcom, Inc. found itself sitting better than it thought it would with its largest customer, though sales were still down to the retailer. Taxes and the conversion of its European business to a d
Gravis Footwear Plans Left Coast Move, Names New GM…
Gravis Footwear, a subsidiary of Burton, announced plans for major shake-ups in its operations last week. The company will move its product, sales, and marketing functions to Irvine, Calif. with the transfer expected to be complete in early 2007.
Not onl
The Sports Authority Becomes Sole Retailer of Sims Brand…
The questions about the fate of the Sims snowboard brand after it was acquired by Collective International, LLC in late July were answered this week as the company announced that it had signed an exclusive Master License agreement for the brand with The S
Golf Sales Slump Leads Aldila Bottom Line Downward…
Aldila, Inc. felt a mid-teens decline in its overall net sales result from a 19% drop in sales of golf and related products for the third quarter. Management said in its comments that the average selling price of golf shafts decreased 9% in Q3 with a 12%
Acushnet Q3 Gets Lift from New Product Intro’s…
The Acushnet Golf division of Fortune Brands, Inc., which includes the Footjoy, Titleist, and Cobra brands, saw third quarter sales grow 7.0% to $297.8 million in the period from $278.4 million in thee year-ago period. International growth continued to o
Amer Q3 Impacted by Late Salomon Deliveries…
Amer Sports is continuing along its three-year path towards integrating Salomon, and in the process transforming itself from a €1 billion sporting goods company into a €2 billion company that is heavily invested in the winter sports market. This integrati
Deckers Sees Q3 Upside from Strong UGG Sell-Through; Raises Guidance…
Deckers Outdoor Corporation may not have seen a double-digit increase in its share price last week — it increased 9.2% for the week to close at $53.87 — but almost every other metric exceeded expectations and pushed up growth prospects even higher for t
Coleman Sees Downside to Lack of Hurricane Season…
Jarden Corporation, parent company to Coleman, reported that net sales for the third quarter increased 10% to $1.0 billion compared to $938 million for the same period in the previous year. Sales in the Outdoor Solutions division, which includes Coleman,
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