Cabela’s, Inc. Third Quarter Earnings Slip on Pre-Opening Expenses…
Cabela’s was again able to post strength in the top-line for the third quarter with gains in net sales and comps, but the bottom-line suffered due to some shifts in mix and two under-performing retail stores…
Luxottica Sees Sunglass Hut Drive Growth in N.A…
Luxottica Group management shed some light on the thinking behind their $2.1 billion deal to buy California sports optics maker Oakley Inc., pointing out in a conference call with analysts that North American sales of premium sunglasses were a bright spo
SIA Moves Trade Show to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver from Las Vegas starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. Speaking to BOSS , Bob Gundram, who is chairman of SIA's tr
Garmin Reports 24% Rise in Fitness/Outdoor Sales
Garmin Ltd. said its outdoor/fitness sales grew 24% to $88 million in the third quarter and that retail orders indicated holiday sales of personal navigation devices, or PNDs, would be strong. Outdoor/fitness was the second largest and third fastest grow
Rocawear Signs First Fragrance License
Rocawear, which was acquired by Iconix Brand Group in March 2007, has signed its first license agreement for fragrance with Elizabeth Arden, Inc. A debut fragrance is planned to launch in the fall of 2008. Financial terms were not disclosed…
Broder Bros. New Distribution Center Up and Running
Broder Bros., Co., continued its distribution center expansion program by opening a new 415,000 square foot facility in Lewisberry, PA., less than 10 miles from Harrisburg…
Poulos Joins Prince as Global Category Director for Footwear
Prince Sports, Inc. has hired former Nike and Adidas executive George Poulos as the company’s new Global Category Director in charge of footwear. In his new role, Poulos will be responsible for refining and managing Prince’s implementation of the company’
UA’s Kevin Plank Sells Stock
Under Armour, Inc. announced that Kevin Plank, chairman and CEO of Under Armour, filed a Form 4 with the SEC to report the sale of 1.5 million shares of stock, or about 10% of his holdings. The filing that on November 1, Plank and his family foundation an
Big 5 Q3 Sales Increase 3.6% on Slight Comps Gain
Big 5 Sporting Goods Corporation saw third quarter net sales increase 3.6% to $231.3 million from $223.3 million for the same period last year. Same store sales increased 0.1% for the third quarter. Net income for the fiscal 2007 third quarter was $8.4 mi
Callaway Increases Guidance on 22% Q3 Sales Increase
Callaway Golf Company net sales for the third quarter were $235.5 million, an increase of 22% compared to $193.8 million for the same period in 2006. Fully diluted earnings per share were two cents on 67.6 million shares outstanding compared to a loss per
Cabela’s Reorganizes Senior Management
Cabela’s Incorporated made several organizational changes designed to better align the Company’s business units with its multi-channel strategy. Michael Callahan, SVP of retail operations, will assume SVP of business development and international operatio
Delta Fiscal Q1 Slips to Loss Despite Sales Gains
Delta Apparel net sales for the fiscal first quarter, which ended September 29, 2007, increased 15.8% to $72.6 million compared to $62.7 million in the prior year’s first quarter. The increase was driven primarily by the FunTees and Junkfood businesses, b
20 Degrees North Inks Xterra Footwear and Apparel License
20 Degrees North has signed a licensing agreement with TEAM Unlimited to design, market and produce performance and lifestyle footwear, apparel and accessories under the Xterra brand name. All products – geared for the ageless, active-minded multi-sport
Iconix Q3 Licensing Revenue Nearly Doubles
Iconix Brand Group licensing revenue for the third quarter of 2007 increased 93% to approximately $42.7 million, as compared to approximately $22.1 million in the third quarter of 2006. Net income for the third quarter increased 114% to $17.0 million vers
Under Armour Q3 Income Climbs 25%; Sales Jump 46%
Under Armour, Inc. net revenues increased 46.3% in the third quarter to $186.9 million from $127.7 million a year ago. Apparel revenues catapulted 44.8%. Net income increased 25.4% to $20 million, or 40 cents a share, from $16 million, or 32 cents. Result
