Author: James Hartford

Vail Resorts Decentralizing Sales and Marketing Group

July 29, 2003 SGB Executive

Vail Resorts, Inc. is restructuring its sales and marketing focus and organization. Due to the growing number of resorts outside of Colorado, including Heavenly Resort, the Grand Teton Lodge Company, seven RockResorts luxury resort hotels, and the locati

Reebok Puts Its Stamp on the Specialty Market…

July 28, 2003 SGB Update

The award for analyst bad timing has to go to Merrill Lynch who last week downgraded shares of Reebok from BUY to NEUTRAL, citing “the possibility of increased inventory and a growing risk from its increased presence at Foot Locker” as reported by Dow Jon

Burlington to Accept WL Ross Acquisition Offer

July 28, 2003 SGB Update

Burlington Industries, Inc. on Friday announced an agreement with WL Ross & Co. LLC by which Ross' $608 million acquisition proposal has been designated the highest and best of several bids received in connection with the sale process approved last M

Sportsman’s Guide Doubles Q2 Profits on 9% Sales Gain

July 28, 2003 SGB Update

The Sportsman's Guide, Inc. sales for the second quarter were $38.0 million, an increase over the $34.8 million reported for the same period one year ago. The Company reported net earnings of $646,000, and earnings of $0.12 per fully diluted share f

Luxottica Q2 Retail Comp Stores Sales Off 3.7%

July 28, 2003 SGB Update

Luxottica Group saw consolidated net sales for the second quarter decline 19.6%, or down 5.2% currency neutral, to €707.0 ($804.0) million verus the year-ago quarter. Consolidated net income for the quarter was €67.7 ($76.99) million and consolidated net

Ross Ups Burlington Bid in Sale Process

July 28, 2003 SGB Update

Burlington Industries, Inc. announced that the purchase price in its July 25th acquisition agreement with W.L. Ross & Co. LLC had been increased from $608 million to $620.08 million, both subject to various adjustments. The increase resulted from the sale

Wolverine to Acquire Sebago; Forms Outdoor Group

July 25, 2003 SGB Update

Wolverine World Wide has entered into a letter of intent to acquire the business and select net operating assets of Sebago, Inc. for cash. Additional terms were not disclosed. Sebago will be part of a newly formed outdoor group that will include both Me

Golfsmith Acquires Don Sherwood Golf

July 25, 2003 SGB Update

As part of its national expansion plan, multi-channel retailer Golfsmith International Inc. has announced the acquisition of San Francisco-based Don Sherwood Golf and Tennis World. The terms of the transaction were not disclosed…

Rocky Shoes Q2 Profits Surge 1000% on 14% Sales Gain

July 24, 2003 SGB Executive

Rocky Shoes & Boots, Inc. reported net income was $1.1 million for the second quarter 2003 compared with $0.1 million for the same period last year. Net sales rose 13.9% to $21.9 million for the quarter ended June 30, 2003 from $19.2 million for the seco

Reebok Taking Share as U.S. Q2 Brand Sales Surge 14%

July 24, 2003 SGB Update

Reebok International Ltd. reported net sales for the second quarter increased 12%, or about 7% on a currency-neutral basis, to $803 million. Net income for the quarter was $26 million, or $.41 per diluted share, as compared to net income of $25 million

Cybex Swings to Q2 Profit on 17.2% Sales Gain

July 24, 2003 SGB Update

Cybex International, Inc. reported net sales for the quarter ended June 28, 2003 were $21.1 million versus $18.0 million for the comparable 2002 period. The net profit for the quarter ended June 28, 2003 was $183,000, or $0.02 per diluted share, compared

1 … 208 209 210 211 212 … 282