Huffy Sports Company has won the 2002 Sporting Goods Vendor of the Year award from Target. This marks the second year in a row that Huffy Sports has received the prestigious honor…
Author: James Hartford
Nordica Names Kipp NE Race Coordinator
Nordica USA has appointed Tyler Kipp to the position of New England Racing Coordinator. The New England Racing Coordinator position is new to Nordica and will help solidify service for the company’s growing race program. Kipp will oversee the development
Vans CFO Departs; Company Sees Better Fiscal Q1
Vans, Inc. announced that Andrew J. Greenebaum, Chief Financial Officer, has decided to leave his position for personal reasons, effective as of August 30, 2003. Scott J. Blechman, currently VP of Finance & Controller, will be promoted to CFO. The compa
LiquidGolf Holding to Acquire Best Value Golf
LiquidGolf Holding Corporation announced the execution of a Letter of Intent to acquire Best Value Golf Inc., the parent company of golfgods.com…
NRF Report Shows 6.0% GAFS Gain in July
According to the National Retail Federation, July retail sales in the GAFS category increased 0.8% seasonally adjusted from June, and rose 6.0% from the same period last year. Sporting goods, Internet and catalog retailers joined hobby, book and music st
Delta Apparel Fiscal Q4 Sales Off15%, Earnings fall 59%
Delta Apparel reported fiscal Q4 net sales decreased 15.3% to $36.8 million, when compared from the prior year quarter. Net earnings for the quarter were $1.6 million, down from $3.9 million in the year-ago period. Sales for the year ended June 28, 200
Head Takes Sales Benefit from Reporting Currency, But Q2 Loss Widens
Head N.V. announced net sales for the second quarter ended June 30, 2003 increased 8.7% to $ 79.2 million while the net loss per share was flat at 25 cents for the quarter. The operating loss for Q2 increased from $3.2 million to $9.1 million.
Coastcast Continues Decline; Cites Chinese Competition
Coastcast Corporation reported net sales were $13,133,000 for the second quarter of 2003 vs. $19,945,000. For the six months ended June 30, 2003 as compared to the same period in 2002, sales were $23,864,000 vs. $41,901,000. The company expects to report
Oakley Establishes Annual Dividend Policy
Oakley, Inc. announced that its Board of Directors had initiated an annual dividend policy and declared the Company's initial regular annual cash dividend of $0.14 per share, payable October 31, 2003, to shareholders of record at the close of busines
Oakley Appoints New Board Member
Oakley, Inc. announced the appointment of Tom Davin to the company's Board of Directors and to the Audit Committee of the Board of Directors. Mr. Davin currently serves as the Operating Partner of Brentwood Associates, a middle-market private equity
Sport Supply Group Q2 Earnings Fall as Sales Dip 3.0%
Sport Supply Group announced net income before cumulative effect of accounting change for the quarter ended June 2003 fell 45.2% to $115,000 compared to $210,000 for the quarter ended June 2002. Net sales for the quarter dipped 3.0% to $26.0 million. In
TJX Q2 Net Income Off 4.9% on 2.0% Comp Store Gain
The TJX Companies, Inc. announced net sales for the fiscal second quarter were $3.0 billion, a 10% increase over last year, with consolidated comparable store sales increasing 2%. Net income was $123 million and diluted earnings per share were $.24, which
JC Penney Narrows Q2 Loss on 2.1% Comp Store Gain
JC Penney Company reported a second quarter loss of $0.02 per share compared with a loss of $0.05 per share in last year's quarter. Department stores Q2 LIFO operating profit more than doubled to $51 million compared with $22 million last year, an i
Next Inc. Taps Howard for Top Sales Slot
Next, Inc. has appointed Stan Howard to the position of Vice President Sales and Marketing for the company. Mr. Stan Howard, through the acquisition of Lil Fan Inc and affiliates by Next, has added significant customers and product lines. Mr. Howard has
George Joins Nike’s Team Jordan
Jordan, a division of Nike, Inc., announced the addition of record-breaking Pro Bowl running back Eddie George to Team Jordan, the elite group of professional athletes hand-picked by Michael Jordan to represent the Jordan brand of footwear and apparel…