K-Swiss Inc. reported that the net loss for the third quarter was $15.4 million, or 43 cents per diluted share, compared with a net loss of $28.3 million, or 80 cents per diluted share, for the prior-year period. Total worldwide revenues increased 30.8 pe
Author: James Hartford
JC Penney Announces Stock Awards for New Execs
In accordance with New York Stock Exchange rules regarding equity inducement awards, J. C. Penney company, Inc. announced that it is granting previously disclosed equity awards to Ron Johnson, its newly appointed chief executive officer, and Michael R. Fr
Sturm, Ruger Sees Sales and Earnings Surge in Third Quarter
Sturm, Ruger & Company, Inc. reported net sales of $80.5 million and earnings of 57¢ per share for the third quarter, compared with net sales of $58.4 million and earnings of 32¢ per share in 2010…
ICE Seizes 58 Counterfeit MLB Product Websites
With the conclusion of Major League Baseball's 2011 World Series, U.S. Immigration and Customs Enforcement's (ICE) Homeland Security Investigations (HSI) and the National Intellectual Property Rights Coordination Center (IPR Center) have announc
Amer Sports Q3 Net Income Up on Strength from Winter and Outdoor Division
Amer Sports reported net sales for the third quarter increased 17 percent in local currency terms to €559.2 million ($792 mm). The growth was said to be particularly strong in Winter Sports Equipment, which grew 24 percent in currency-neutral terms
Joe Puryear Scholarship Established by Sherpa Adventure Gear
Sherpa Adventure Gear is pleased to announce that a young student has been chosen and is now receiving a full education through a scholarship honoring the company’s memory and friendship of alpinist Joe Puryear…
ASA Wraps Another Successful Sportfishing Summit
The American Sportfishing Association (ASA) and the city of New Orleans hosted the 2011 Sportfishing Summit October 12-14, with industry leaders representing more than 100 companies and organizations from the United States, Canada and around the globe mee
Golfsmith Swings to Q3 Profit on Solid Sales Growth
Golfsmith International Holdings, Inc. reported third quarter net revenues increased 8.3 percent to $101.0 million as compared to net revenues of $93.3 million for the third quarter of fiscal 2010. Comps rose 3.4 percent for the period. Net income for th
Skechers USA Q3 Net Income Falls 77 Percent
Skechers USA, Inc. reported that net sales for the third quarter of 2011 were $412.2 million, compared to $554.6 million in the third quarter of 2010, and income from operations was $2.3 million, compared to $55.6 million in the third quarter of 2010…
Puma Posts Flat Q3 Earnings Growth Despite Strong Top-Line Gain
Puma saw third quarter sales growth moderate just a bit from its nine-month year-to-date pace but still posted a solid double-digit increase in revenues for the period on a currency-adjusted basis. Gross margins and net income remained flat to last year&
Smith and Wesson Secures Two Texas Law Enforcement Contracts
Smith & Wesson Holding Corporation has been awarded firearm contracts in Texas from the Austin Police Department and from the San Antonio Police Officers Association. Both organizations converted to firearms from the Smith & Wesson Military & Police (M&P)
U.K. Retail Comps Lag Inflation in September
U.K. retail sales rose 0.3 percent in September on a like-for-like basis from September 2010, when sales had risen 0.5 percent. On a total basis, sales were up 2.5 percent, against a 2.2 percent increase in September 2010…
Scottish Retail Sales Up 0.8 percent in September
Total Scottish retail sales in September were up 0.8 percent on September 2010, when they had increased 2.3 percent, according to recent data released by the Scottish Retail Consortium. Like-for-like sales were 0.6 percent lower than a year ago, when they
NRF: Consumers Plan to Take Advantage of Holiday Sales to Self-Gift
Armed with savvy shopping skills and a renewed focus on value, consumers this holiday season will shop at a variety of locations and channels as they scope out ways to get the best bang for their buck. According to the NRF’s 2011 Holiday Consumer I
Report: Golf Apparel Sales Post Significant Increases Through August
Golf Datatech reports that retail year-to-date golf apparel sales through August 2011 show significant increases in every category and in every channel over the same period in 2010…
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