Deckers Outdoor Corp. reported sales increased 11.7 percent in its three-month transition period ended Mar. 31, to $294.7 million, led by a 15.8 percent gain for Ugg. Deckers showed a loss of $2.7 million, or 8 cents a share, better than the company'
Year: 2014
Cabela’s Hits Q1 Earnings Guidance Amid Plummeting Gun and Ammo Sales
Cabela's Inc. said its first quarter profits met forecast after an anticipated, double-digit decline in same-store sales on the anniversary of last year's surge in gun and ammo sales. Despite the sharp decline, the retailer reported that the 14
New Balance Foundation Supports Camp Sunshine’s 30th Anniversary
To help kick off Camp Sunshine’s 30th anniversary, the New Balance Foundation has offered a $300,000 challenge – matching all gifts from new and returning donors – to encourage support for the national retreat in Maine for children with life threate
Lost Surfboards Taps Quiksilver Veteran as First GM
Lost Surfboards has named surf industry veteran Dave Lester as its first general manager to oversee day-to-day operations. He joins the company from Quiksilver, where…
Accell Group Tells Shareholders Results Improving
Accell Group N.V. told shareholders Thursday that sales and profits improved in the first months of 2014 compared with the same period of 2013 as favorable weather in Europe stimulated sales of its bicycles…
Adidas Shifts Production From Strike-Disrupted China Factory
Adidas is shifting some production away from Yue Yuen's factory in Dongguan, China, where a strike has lasted 9 days. Adidas said in a statement released to media outlets, “In order to minimize the impact on our operations, we are currently rea
Unifi’s Q1 Profits More Than Double
Unifi Inc. reported net income for the March 2014 quarter was $4.7 million, or 25 cents per basic share, compared to net income of $1.4 million, or 7 cents per basic share, for the prior year quarter, reflecting improved operating results in the company&#
West Marine Widens Q1 Loss
West Marine Inc. reported net revenues were $113.3 million in its first quarter ended Mar. 29, a decrease of 0.8 percent compared to last year. Comparable store sales decreased by 1.7 percent. The net loss in the period widened slightly to $11.0 million,
Amer Sports Says Exchange Rates Offset First Quarter Sales Growth
Amer Sports reported net sales increased 6 percent currency-neutral in the quarter ended March 30, but said earnings before income taxes fell nearly 22 percent as the euro continued to rise against other currencies. The Finnish company said a mild winter
Under Armour Lifts FY Guidance on Strong Q1
Under Armour, Inc.'s net revenues jumped 36.0 percent in the first quarter of 2014 to $642 million, representing a sixteenth straight quarter of at least 20 percent top-line growth. Net income surged 73.3 percent in the first quarter of 2014 to $13.5
Patagonia’s New Venture Fund Backs Waterless Laundering Technology
Patagonia has joined Nike and Adidas to become the latest athletic apparel brand to invest in water saving textile technology. The outdoor brand made a strategic investment in CO2Nexus Inc., a Colorado company that has developed a sustainable method of pr
Investor Group led by Bernard Mariette Purchases Lolë Parent
A group of strategic and financial investors led by Bernard Mariette, CEO & President of Coalision Inc., have purchased a majority interest in Coalision from Kilmer Capital Partners. This investment will enable Coalision's growing activewear brand Lo
U.S. Fish and Wildlife Programs Create Jobs and Money
The U.S. Fish and Wildlife Service announce that a peer-reviewed analysis finds that the agency’s habitat restoration programs are extraordinary engines for the U.S. economy…
Callaway Golf’s Q1 Net Income Improves 15 Percent
Callaway Golf Company reported its first-quarter showed a 22 percent increase in sales, driven by double digit growth in woods (+33 percent), irons (+29 percent), and golf balls (+24 percent). Additionally, income from operations increased 54 percent to $
NSSF Report: Mobile Eye Helps Explain What Truly Attracts Customers
The National Shooting Sports Foundation has issued a new report whose findings are based on the use of mobile eye-tracking technology to reveal what really attracts shoppers to products…
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