Black Diamond, Inc. reported total sales in the fourth quarter of 2011 increased 6 percent to $36.3 million, compared to $34.2 million in the fourth quarter of 2010. The maker of climbing, ski and other outdoor gear also disclosed that it cleared $63.4 mi
Author: Charlie Lunan
Black Diamond Near Closing on First Acquisition Since IPO
Black Diamond, Inc. CEO told analysts Monday that the company is close to closing its first acquisition since acquiring Gregory Mountain Product’s in 2010. CEO Peter Metcalf disclosed the news item in the company's fourth-quarter earnings call,
The North Face Accepting Explore Fund Grant Applications
The North Face opened the first cycle of the 2012 Explore Fund grant-giving program, which will provide $125,000 in micro-grants to support non-profit organizations that are getting youth outdoors. To date, The North Face has provided $650,000 in grants t
Golfsmith Disclose Potential Deal, Sees Strong End to Q4
Golfsmith International Holdings, Inc. spent $1.3 million exploring a strategic transaction and possible sale in the fourth quarter, the company disclosed Friday. The disclosure came as the golf retailer reported its net revenues grew 2.3 percent to 74.5
Hydrapak Lands OEM Deal to Make Quiksilver SUP Pack
Hydrapak has been chosen by Quiksilver as the full-service OEM provider for the Quiksilver Swig pack. Slated to hit store shelves this summer, the Swig pack is designed for the stand-up paddle surf market…
Adidas Outdoor Sponsoring Hueco Rock Rodeo
Adidas Outdoor will serve as the title sponsor of the 19th Annual Hueco Rock Rodeo bouldering competition set in the desert oasis of Hueco Tanks, Texas, this weekend…
Olympics, Customization to Fuel Oakley Sales in 2012
Luxottica Group expects Oakley sales to achieve double-digit growth for the seventh consecutive year in 2012 with a boost from the Summer Olympics and its online customization offer…
Insurance Settlement to Boost Johnson Outdoor 2012 Earnings
Johnson Outdoors Inc. has received a $3.5 million settlement resolving a claim with its insurance carriers that will contribute approximately 22 cents per diluted share in positive earnings in the current fiscal year…
The Buckle’s Comps Rise Nearly 15 Percent in February
The Buckle, Inc. announced that comparable store net sales for the four-week period ended Feb. 25, increased 14.8 percent, while net sales for the period increased 17.4 percent to $86.7 million…
State Stores Reports All Regions Had Positive Comps in February
Stage Stores, Inc. reported that its total sales for the four week February period ended Feb. 25, increased 7.1 percent to $101 million from $94 million in the prior year four week period ended Feb. 26, 2011. Comparable store sales increased 3.7 percent..
Stein Mart’s Sales Flatline in February
Stein Mart, Inc. eked out a 0.7 percent increase in comparable store sales in the four-week period ended Feb. 25 and reported total sales for the period reached $80.7 million, up 0.3 percent from $80.4 million in February…
Costco’s U.S. February Comps up 7 Percent Excluding Fuel
Costco Wholesale Corporation reported net sales of $7.04 billion for the four weeks ended Feb. 26, an increase of 10 percent from $6.38 billion in the same four-week period of the prior fiscal year. U.S. comp store sales, excluding fuel sales, grew 7 per
Roxy Collaborates with Plastics Industry on Facebook Promotion
Quiksilver Inc.’s Roxy brand has partnered with the plastics industry to launch a graphic design contest for snowboards on Facebook that will also draw attention to the benefits of using plastics in winter sports gear…
TJX Companies Rides Warm Weather to 9 Percent Comp Gain in Febrary
The TJX Companies, Inc. reported that strong demand for spring apparel helped power a 9 percent increase in comp sales at its stores in the four-week period ended Feb. 25, 2012. Total sales reached $1.6 billion, up 12% over the year earlier period…
Amazon Reigns at Top of Retail Customer Satisfaction Index
Despite slipping a tad, Amazon remained at the top of the American Consumer Satisfaction Index for all retailers in the fourth quarter, again edging out traditional retailers such as Walmart, Target and Costco…