The Timberland Company reported that revenue and earnings for the third quarter came in lower than last year’s levels, as expected, but also experienced some better-than-expected results in the gross margin line related to reduced close-outs and the tight
Month: October 2006
K-Swiss Expects U.S. Woes to Last Through 2007; International Continues Gains…
K-Swiss, Inc. doesn’t see a turnaround in its business until 2008 and spent much of the time on its quarterly call with analysts last week preparing them for a tough 18 months ahead in the U.S. market. So how does the market respond? How about an 11% in
K2 Inc. Keeps the Deal Machine Rolling as Integration Bears More Fruit…
K2 Inc. continues to see its model come together as it merges more operations and realizes strong synergies on the winter hardgoods and apparel side that are having a very positive impact on the bottom line. After several quarters of integration, a new a
Once Again, Active Lifestyle is the Place to Be…
The active lifestyle market confirmed once again last week that it is the place to be for investors. Public companies in the industry rode the wave of very positive third quarter reports to easily outpace the major stock market indices and a number of bo
Coleman Increases Leave No Trace Support and Signs New Sponsorship with AMC
Following a decade of financial support, The Coleman Company, Inc. has increased its commitment to the Leave No Trace Center for Outdoor Ethics. Coleman's increased commitment to the group will include funding and participation in a unique educationa
Ashworth Appoints New CEO
Ashworth, Inc. named Peter M. Weil as its CEO. Mr. Weil will also continue to serve as a member of the Board of Directors. The company also announced that Winston E. Hickman will remain with the company as its CFO until mid November or until such time as
Billabong Management Reaffirms Guidance
In its Address to the General Meeting, Billabong management reaffirmed earlier guidance, though in a round-about way as Australasian region was expected to record a mid to high single digit rise in sales but wi be flat at the EBITDA level in the 2007 year
Escalade Sports’ Income Down in Q3
The Escalade Sports division of Esacalade, 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 $
Langford Names VP of Sales at Nordica
Kirk Langford has been named Vice President of Sales for Nordica USA. Langford has extensive ski industry experience, most recently as the Executive Vice President of Marker USA. During his 19 year tenure at Marker, Langford was instrumental in contributi
Fox River Names Chief Environmental Officer
Fox River Mills has named Becky Lessard Chief Environmental Officer. Lessard has been with Fox River since 1982 and was most recently vice president of finance & administration.
For the past 20 years, Lessard has led the sustainability team a
Brunswick Q3 Sales Dip; Earning 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. Net earnings from continuing operations totaled $50.4 million, or 54 cents per diluted share, down 38.8% from $82.4 millio
Nike and FC Barcelona Extend Relationship Through 2013
NIKE, Inc. and Futbol Club Barcelona, popularly known as Barca, have signed a new five-year agreement for approximately $189 million (euro 150 million) plus bonuses and royalties, which extends their relationship through 2013. The agreement also includes
Fortune Brands Q3 Top Line Growth Boosted by Titleist
Fortune Brands, Inc. reported net sales increased 23% and diluted earnings per share from continuing operations increased 88% to 98 cents per diluted share, from 52 cents in the year-ago quarter. On a comparable basis – assuming the company had owned acq
Timberland Third Quarter Sales and Earnings Decline
The Timberland Company third-quarter net income was $51.9 million and diluted earnings per share was 82 cents, compared with third-quarter 2005 net income of $69.2 million and diluted EPS of $1.02. Third-quarter revenues were down slightly as gains in new
Hanesbrands Elects New Boardmember
Hanesbrands Inc. elected Jessica Tuchman Mathews, president of the Carnegie Endowment for International Peace to its board of directors…
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