Author: James Hartford

Unifi Posts Fiscal Q1 Loss on 18.6% Sales Decline

October 22, 2003 SGB Update

Unifi, Inc. announced a net loss of $4.6 million or 9 cents per share for the fiscal first quarter ended September 28, 2003, which compares to net income of $4.3 million or 8 cents per share for the prior year September quarter. Net sales for the Septemb

Smith Optics Seeks Help on Goggle Round Up

October 22, 2003 SGB Update

Smith Sport Optics Inc. has reported that the 24,000 goggles stolen from a customs depot on the Canadian border
three years ago have finally resurfaced. Smith has been attempting to purchase the goggles from closeout distributors to get them off the mark

Search Is On For New Co-Sponsor of SoBe/Cannondale Team

October 22, 2003 SGB Update

Team director Matt Jewett is confident he'll be able to land a new sponsor for the SoBe/Cannondale mountain bike squad, following SoBe's decision earlier this week to not renew its sponsorship of the pro-am team for 2004. Started in 1999, the t

Pro Golf of America Gets Aggressive on Store Growth

October 22, 2003 SGB Update

Pro Golf of America is finding opportunities for growth in the golf retail sector by opening a record number of new stores this year. The company projects that it will lead the golf retail category with 15 new store owners in 2003. That growth is expect

Huffy Corp. Elects D’Aloia to Board of Directors

October 21, 2003 SGB Update

Paul R. D'Aloia has been elected to the Board of Directors of Huffy Corporation. D'Aloia, who was elected President and Chief Operating Officer in August 2003, joined Huffy Corporation in 1997 as President and General Manager of the Huffy Sports

NRF: Average Consumer Spending Up 3.6% for Holiday

October 21, 2003 SGB Update

The consumer spirit is alive and well this holiday season, according to the findings of a new National Retail Federation survey. The NRF 2003 Holiday Consumer Intentions and Actions Survey, conducted by BIGresearch for NRF, found that the average consume

Tango to Manufacture U.S. Olympic Apparel

October 20, 2003 SGB Executive SGB Update

Tango Inc. has entered into an agreement with Global Manufacturing Group to produce and print garments for the US Olympic Association, up to and including the 100th Anniversary Olympiad in Athens, Greece. Global has been chosen as the exclusive manufactu

Phil Knight Creates Charitable Trust

October 20, 2003 SGB Update

NIKE, Inc. confirmed Monday that Philip H. Knight, chairman, president and chief executive officer, has contributed 7,000,000 shares of Nike Class B Common Stock to a charitable remainder trust, of which he is a trustee. Knight converted 7 million shares

Delta Apparel Q1 Earnings Fall 67% on Lower Prices

October 17, 2003 SGB Update

Delta Apparel, Inc. saw net sales of $30.8 million for the quarter ended September 27, 2003, up 6.6% from $28.9 million net sales achieved in the prior year quarter. The higher sales were the result of a 21.3% increase in unit volume, partially offset by

Top-Flite Reaches Five-Year Agreement with Union

October 17, 2003 SGB Update

Callaway Golf Company announced that a five-year collective bargaining agreement between its wholly owned subsidiary, The Top-Flite Golf Company, and the Boilermaker's Union Local 1851 has been ratified. The union represents the production and mainte

Head Sees Diving Division Chief Retire

October 16, 2003 SGB Update

Head N.V. announced that Claudio Ferrantino, the Managing Director of the Diving Division and President of HTM Sport S.p.A., Italy, will be retiring at the end of the year.
Claudio joined the company in 1973 as the export sales director and became Preside

Timberland Q3 Profits Up 8.3% as U.S. Business Dips

October 16, 2003 SGB Update

The Timberland Company reported third quarter net income of $53.3 million, or diluted earnings per share (EPS) of $1.47, compared with third quarter 2002 net income of $49.2 million, or diluted EPS of $1.30. Third quarter revenue increased 6.6% to $444.0

West Marine Q3 Net Income Up 16.6% as Comps Inch Up 1.2%

October 16, 2003 SGB Update

West Marine, Inc. reported net income for the third quarter ended September 27, 2003 of $8.1 million, or $0.39 per share, an increase of 16.6% compared to net income of $6.9 million, or $0.35 per share, a year ago. Net sales for the quarter were $191.9 mi

1 … 187 188 189 190 191 … 282