Author: James Hartford

Luxottica Group S.p.A. issued a clarification regarding its business with Oakley. The release was in response to inquiries by members of the financial community related to Oakley's second quarter financial report that indicated that sales to Sunglas

Vans, Inc. announced net sales for the fourth quarter ended May 31, 2003 were flat at $63.3 million, with gains at company-owned retail stores masking a 12% decline in the U.S. wholesale business. The net loss from continuing operations, including a $10.

Callaway Golf reported net sales for the second quarter declined 4.1% to $242.1 million, with foreign currency exchange rates favorably impacting net sales by approximately $7.5 million. Net income was down 8.1% to $34.1 million, versus $37.1 million for

Unifi, Inc. has signed a non-binding letter of intent to form a joint venture type company with Kaiping Polyester Enterprises Group Co. in Kaiping, Guangdong, China to manufacture and sell certain polyester and nylon products. It is anticipated that Unifi

Johnson Outdoors Inc. announced Thursday it anticipates third quarter earnings to be in the range of $0.57 – $0.61 per diluted share. Third quarter results will reflect one-time charges of between $3.3 million and $3.8 million pre-tax stemming from a vol

Oakley, Inc. reported second quarter net sales slipped 0.9% to $143.8 million compared with $145.1 million in the prior year period. Net income for the second quarter totaled $18.2 million, or $0.27 per diluted share, compared with net income of $22.3 mi

The Nautilus Group, Inc. announced that Gregg Hammann has joined Nautilus as President and Chief Executive Officer effective immediately. Brian Cook, current Chief Executive Officer and Chairman, will continue with the company as Chairman…

Sears and other department stores like the retailing giant continue to increase their dominance in the home fitness equipment market. Based on an NSGA analysis of consumer purchases of three major types of exercise equipment – treadmills, exercise bikes a

Bicycle imports fell to 3.5 million units in the first quarter of 2003, 13% fewer than in the same quarter last year, according to U.S. Department of Commerce data.
Most categories showed significant declines. The only category that showed an increase wa

Worth Inc. announces a lawsuit filed against the Amateur Softball Association on July 10th in Oklahoma City Federal Court based on an ASA announcement on June 30, 2003 that a new bat standard based upon a new high-speed test system is to become effective

Huffy Corporation announced that net earnings for the second quarter of 2003 were $2.8 million or $0.18 per common share, compared to net earnings of $1.3 million or $0.12 per common share for the second quarter of 2002. Net sales for Q2 increased 25.8%

Blair Corporation, a national catalog and multi-channel direct marketer of women's and men's apparel and home products, has formed Allegheny Trail Corp. to launch a wholesale business targeted primarily at outdoor sporting goods and recreational

Winmark Corporation announced $756,400, or $.12 per share diluted, compared to net income of $724,000, or $.12 per share diluted, in 2002.