Keen Footwear has announced that Angel Martinez has joined the company as named president and Jim van Dine has signed on as National Sales Manager…
Author: James Hartford
The Finish Line Promotes Two New SVP’s
The Finish Line, Inc. announced the promotion of two new senior vice presidents. Michael J. Smith, age 45, has been named Senior Vice President-Loss Prevention. Mr. Timothy R. Geis, age 42, has been named Senior Vice President- Footwear…
PUMA Q1 Net Income Doubles on 47% Sales Gain; Futures Up 50%
PUMA’s strong sales growth continued during the 2003 first quarter as consolidated sales increased by 47.4% from €232.8 million to €343.2 million ($370.7 million). On a currency-neutral basis, sales were up by 57.1%. Consolidated net income rose from €2
Deckers Q1 Earnings Double as Sales Increase 9.0%
Deckers Outdoor Corporation announced first quarter net sales increased 9% to $36.1 million versus $33.3 million in the same period last year. Net earnings for the quarter increased to $4.2 million compared to earnings before a cumulative effect of change
Johnson Outdoors Q1 Results Tempered by Wolfskin Exit
Johnson Outdoors sales decreased 15% to $83.3 million and operating profit declined 26% to $6.1 million compared with last year's second quarter that included the Jack Wolfskin business. Income from continuing operations increased 10% to $4.3 millio
K-Swiss Q1 Earnings Up 41% on 44% Sales Gain; Backlog Surges 63%
K-Swiss Inc.reported that net earnings for the first quarter of 2003 increased 41.1% to $13.6 million, or $0.72 per diluted share, compared to the prior-year period. Total worldwide revenues increased 43.7% to $115.9 million compared with $80.7 million i
Reebok Q1 Net Income Up 9% as Sales Growth Slows
Reebok International Ltd. reported net income for the first quarter ended March 31, 2003 of $41 million, or $.63 per diluted share, an earnings per share increase of 9.0% when compared to Q1 last year. Net sales for the quarter were $798 million, an incr
GolfGear International Names Three New Sales Reps
GolfGear International has appointed three new sales reps, all veterans of the golf industry. Chris Holiday, senior vice president of sales and marketing, annonced the additions. Bill Blake will cover North Carolina, Ken Dudley will be responsible for C
Skechers Q1 Profits Plummet on Lower Sales, Higher Inventories
Skechers USA, Inc. reported net sales for the first quarter of 2003 totaled $208.6 million compared to $244.9 million in the first quarter of 2002. Net earnings for the quarter were $8.5 million versus $20.3 million in the first quarter of the prior year.
Columbia Q1 Profits Jump 66% on Strong Footwear, Sportswear Sales
Columbia Sportswear announced net sales of $168.9 million for the first quarter ended March 31, 2003, an increase of 17.9% over net sales of $143.3 million for the same period of 2002. COLM reported $14.9 million in net income for the quarter, a 65.6% in
Hibbett Promotes Kowal to Vice President
Hibbett Sporting Goods, Inc. announced Steve Kowal has been promoted to Vice President, Construction and Property Management. Mr. Kowal was previously Director of Construction and Property Management for HIBB…
Johnson Outdoors Inc. Receives $12 Million Delivery Order on D.O.D. Tents
Johnson Outdoors Inc. was awarded a $12 million delivery order for the production and delivery of 2,000 Modular General Purpose Tent Systems (MGPTS). The company was awarded the original MGPTS contract in September 1997 and continues to build tents and ac
Coastcast May Be Latest to Go Private
Coastcast Corporation reported that the Company's board of directors voted Thursday to establish a special committee of the board to consider whether it is in the Company's best interests to remain an independent publicly-traded company, and to
Luxottica Q1 Net Income Down 35% on 20% Sales Decline
Luxottica Group S.p.A. announced consolidated net sales for the first quarter of 2003 declined 20.0% to euro 704.5 million. Assuming constant exchange rates, consolidated net sales for the quarter would have declined by 6.6%. Wholesale sales declined 15
Brunswick Q1 Earnings Up 47% on 8% Sales Gain
Brunswick Corporation saw a 47% increase in diluted earnings per share in the first quarter of 2003 to $19.8 million, or $0.22 per diluted share, in line with previously announced expectations. For the quarter ended March 31, 2003, the company had net s