Cabela's Incorporated is in negotiations with Coors Brewing Company to build a massive 200,000-square-foot store in Wheat Ridge, Colorado, and plans to have it open for business by mid-2006. The store, to be built as part of a development along I-70
Author: James Hartford
GSI Commerce Narrows Q3 Loss; SG Sales Up 45%
GSI Commerce Inc. increased third quarter net revenues 44% to $68.6 million and reported a net loss of $3.0 million, or 7 cents per share, versus a loss of $5.5 million in the year-ago period. Net revenues from the sporting goods category increased 23% t
Big 5 Sees Q3 Net Income Jump 38% on 2.6% Comp Sales Gain
Big 5 Sporting Goods Corporation reported that net sales for the 2004 third quarter ended September 26 increased 6.8% to $195.8 million from $183.3 million in the third quarter of fiscal 2003. Same store sales increased 2.6% versus the same quarter last
Amer Group Q3 Suffers from Charges, Tobacco Exit
Amer Group reported that third quarter net sales declined 6.4% to €278.7 million ($340.8 mm) from €297.9 million ($335.6 mm) in the year-ago quarter. Excluding the FX rate effect and the withdrawal from tobacco business in March, sales would have increas
Saucony Sees Another Solid Quarter, But Futures Slow
Saucony, Inc. reported that net sales for the 2004 third quarter increased 32% to $42.3 million, compared to $32.0 million in the third quarter of 2003. Net income increased 59% to $3.4 million, compared to $2.2 million in the third quarter of 2003. Bac
Columbia Signs Outdoor Accessories Licensee
Columbia Sportswear Company has signed a license agreement with Coast Cutlery for the design, manufacture and marketing of a line of outdoor accessories, including knives, multi-tools, compasses and LED lights. Additionally, hiking sticks, binoculars, fie
Nautilus Q3 Profits Up on Land Sale; Sales Up 6.3%
The Nautilus Group, Inc. reported that third quarter net sales increased 6.3% to $123.2 million compared to $115.9 million for the corresponding period last year. Net income during the period was $7.4 million, or 22 cents per diluted share, compared to $6
Bell Sports Inks Tony Hawk to Helmet Deal
Bell Sports has signed skateboard champion Tony Hawk to the company's roster of premier athletes wearing Bell helmets. Hawk will wear the Bell Faction helmet in 2004 and is working with Bell to design a signature line for 2005. Hawk is a six-time X G
Bravo Completes Variflex Acquisition
Variflex, Inc. and Bravo Sports, a privately held leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and in-line skating markets, announced that Bravo Sports has completed the acquisition
Columbia Signs License Deal for Insulated Products
Columbia Sportswear Company has signed a license agreement with California Innovations, Inc. for the design, manufacture and marketing of a line of insulated products, including coolers, lunch packs, thermal mugs and bottles. Baby and diaper bags, designe
Escalade Sports Sees Early Shipments Boost Q3
Escalade Sports' sales of sporting goods products increased 13% for the quarter to $61,486,000 bringing year to date net sales to $107,795,000, a 17% gain over the prior year's comparable period. For the quarter, the increased sales are primaril
Collegiate Pacific to Exceed Fiscal Q1 Estimates
Collegiate Pacific now sees consolidated net sales for its first quarter ended Sept 30, 2004 exceeding $27 million vs. $5.9 million in the year ago period, and vs. consensus estimates of $22.5 million…
Reebok Sees 30.5% Increase in Q3 Net Income; THC Helps
Reebok International Ltd. reported net income for the third quarter increased 30.5% to $82 million, or $1.36 per diluted share, compared to net income of $63 million, or 96 cents per diluted share, in the third quarter of 2003. Net sales for the 2004 thi
New Day, Same Story: Margolis Out and Fireman Assumes Reebok Reins
Paul Fireman, chairman and chief executive officer of Reebok International Ltd., announced Thursday that Jay Margolis has resigned as president and chief operating officer of Reebok, and as a director on the Reebok Board. Fireman has committed to the Ree
Outdoor Coalition Accounts for 69% of VF Corp. Q3 Sales Gain
VF Corp. reported that third quarter sales rose 25% to $1,792.6 million from $1,435.4 million in the year-ago quarter. Net income increased 24% to $155.4 million from $125.3 million, with diluted earnings per share rising 21% to $1.38 from $1.14. Combine