Forzani Group Gets Boost from Ideal Winter Conditions
Benefiting from “outstanding winter conditions” and an aggressive markdown posture, The Forzani Group Ltd. reported a 36% hike in Q4 earnings on a 13% consolidated comp gain…
Fear of Inflation Could Help OIA’s Trade Agenda
Rising concern about inflation could help Outdoor Industry Association’s trade agenda this year as Congress considers lowering tariffs in a bid to counter the rising price of Chinese and other imports on U.S. consumers. The OIA’s trade agenda revolves aro
Avalanche Death Toll Rose by 4 in March
North America closed out March with a total of 51 avalanche deaths, nearly double last year’s total for the entire season and the second highest level in 13 years, according to avalanche.org. As of April 11, the latest death had occurred March 29 near…
TomTom Cuts Q1 Outlook
TomTom, the Dutch navigation device maker, cut its 2008 revenue outlook and warned price cuts would hit first quarter sales and profits. The maker of portable navigation devices (PNDs) for cars and mapping software for handheld computers said quarterly sa
Brown to Move Famous Footwear HQ to St. Louis
Brown Shoe Company, Inc. said it plans to join together employees from its Famous Footwear division headquartered in Madison, WI with its St. Louis-based divisions to create a more connected footwear company. The company will be headquartered in St. Louis
Outdoor Foundation Gets New Name and P.R. Firm
The Outdoor Industry Foundation has changed its name to The Outdoor Foundation and contracted Verde PR & Consulting to provide public relations, marketing, strategic planning, social media outreach, and event support…
Teva Opens Mountain Games to Amateurs
The Teva Mountain Games, billed as the nation's largest outdoor adventure sports festival, has added an amateur category to the GNC Ultimate Mountain Challenge. Launched in 2007, the GNC Ultimate Mountain Challenge is a grueling two-day test of athle
New Balance Sponsors ZOOMA Race Series
New Balance has become the presenting sponsor of the 2008 ZOOMA Women's Race Series, a new national series of women's running events. New Balance will provide all 2008 ZOOMA race participants with performance apparel and will participate in the
Delta Expects Q3 Loss; Misses Guidance
Delta Apparel, Inc. expects fiscal third quarter revenue to be approximately $75 million with a loss per diluted share in the range of 5 cents to 7 cents. These preliminary results compare to the company’s prior expectation of third quarter revenues betwe
Escalade Sports Sees 14% Decline in Q1 Sales
Escalade, Incorporated recorded a 13% decline in first quarter net sales, while switching to a net loss of $0.8 million compared to a gain for the same quarter last year of $1.1 million. Earnings per share for the first quarter was a loss of 7 cents compa
West Marine’s Sales Fall 10% in March
West Marine said net sales declined 10%, or by $12.5 million, for the 13 weeks ended March 29. Comparable store sales for the first quarter decreased 9.4%. The marine supply company's CEO said he sees no evidence the market will rebound in the short
BJ’s Comps Rise 6%
BJ's Wholesale Club Inc reported sales at its stores open at least a year rose 6 percent in March. The same-store sales result included a contribution of 3.4 percent from sales of gasoline, while a calendar shift in the timing of Easter hurt the res
Target’s March Declines Below Expectations
Target Corporation reported that its net retail sales for the five weeks ended April 5, 2008 increased 1.5% to $5.68 billion from $5.59 billion for the five weeks ended April 7, 2007. Comparable store sales decreased 4.4% on the same basis. CEO Bob Ulrich
Neiman-Marcus Recors Slight Rise in March Comps
Neiman Marcus, Inc. reported comparable store sales rose 0.4% to $425 million for fiscal March. Overall net sales increased 1.8% to $430 million for the month from $423 million last year. In the five-week March period, comparable revenues in the Specialty
TJX Sales up 2%, Sees Signs of Improvement
The TJX Companies, Inc. reported that sales for the five-week period ended April 5, 2008 rose 2% while consolidated comparable store sales were flat versus last year. The company said inventories were in excellent shape and that it has begun to see a pick
