Gildan Activewear Inc. announced its intention to close its Montreal sewing plant, which currently provides approximately 2% of the Company's overall sewing requirements. The continuing growth in Gildan's integrated sewing production will be sup
Author: James Hartford
The Finish Line Fiscal Year Net Income Up 35% on 8.0% Sales Gain
The Finish Line, Inc. reported fiscal 2003 net sales increased 8% to $757.2 million for the fifty-two weeks ended March 1, 2003 compared to $701.4 million for the fiscal 2002. Comparable store net sales increased 3% for the year. On a GAAP basis, net in
Everlast 2002 Net Income Up 4.7% on 24% Sales Increase
Everlast Worldwide Inc. reported net sales for the year ended December 31, 2002 increased 23.9% to $65,613,012 as compared to $52,951,510 reported in 2001. Net income grew 50.2% to $997,443, or $0.32 per basic share, compared with $664,056, or $0.21 per
Stride Rite Fiscal Q1 Net Income Up 17% On 8.0% Sales Gain
The Stride Rite Corporation reported net sales for the first quarter of fiscal 2003 were $152.3 million, an 8% increase from the $140.7 million in the comparable period of fiscal 2002. Net income for the first quarter of fiscal 2003 totaled $8.8 million,
K2 Inc. Completes Merger with Rawlings Sporting Goods Company
K2 Inc. announced completion of its merger with Rawlings Sporting Goods Company, Inc. Earlier Wednesday, shareholders of both companies met separately to approve the merger, the final step in consummating the transaction for which all regulatory reviews a
adidas Teams with Magic Johnson to Offer Authentic Collegiate Jerseys
Starting this fall consumers will be able to purchase the authentic collegiate jerseys of legendary athletes featuring sports greatest names and numbers as they appeared on their alma matter's uniforms. This new offering is the result of a collabor
Torpedo Sports Posts Fiscal Q2 Loss on 29% Sales Decline
Torpedo Sports USA, Inc. announced overall sales decreased 28.9% to $2.4 million during the quarter ended January 31, 2003, as compared to the quarter ended January 31, 2002. The loss from operations, if you exclude non-cash stock-based compensation, was
Big Dog 2002 Net Income 45% as Sales Dip 3.2%
Big Dog Holdings, Inc. announced earnings for the year ended December 31, 2002, were $3.8 million, or $.45 EPS as compared to $2.6 million, or $.31 EPS, for 2001. Merchandise margins for the year increased to 56.8% as compared to 56.3% last year. Big Dog
Sport Court, Inc. Names New President
Charlie Graves has been appointed President of Sport Court, Inc. Headquartered in Salt Lake City, UT, Sport Court, Inc. is the leading provider of backyard recreation game courts, putting greens, and indoor performance sports flooring…
Danskin De-Registers Stock; Terminates Reporting
Danskin, Inc. will file a Form 15 Friday with the Securities and Exchange Commission to deregister its common stock and terminate reporting obligations under the Securities Exchange Act of 1934…
True Temper 2002 Sales Decline 3.3%
True Temper Sports, Inc. reported that 2002 sales declined by 3.3% to $107.4 million in 2002 from $111.1 million the prior year. Full year net income decreased to $9.3 million from $24.6 million in the prior year. Net income increased 35% from $6.9 mill
K2 Inc. and Rawlings Announce Merger Exchange Ratio
K2 Inc.and Rawlings Sporting Goods Company, Inc. have announced the exchange ratio in connection with K2's proposed merger with Rawlings. If the merger with Rawlings is completed, each Rawlings stockholder will receive 1.080 shares of K2 common stock
The Hockey Company Posts 2002 Profit on 7.3% Sales Gain
The Hockey Company reported net sales in fiscal year 2002 ended December 31, 2002 grew by 7.3% to $212.7 million from $198.2 million in 2001. Net income for the year ended December 31, 2002 was $4.3 million compared to a $10.5 million net loss for the ye
GoLite Finds Military Deals Sometimes Cumbersome
Demetri Coupounas, president of Boulder-based GoLite, is glad that America's elite warriors have adopted the company's lightweight sports gear for battle. But it's not as though he went after the business. GoLite generally doesn't
Reebok Sees Earnings, Profits Rise, But CEO Gets No Raise
Although Reebok International Ltd. saw its profits rise smartly in 2002, the salary and bonus of chairman and chief executive Paul Fireman remained roughly the same at about $3.08 million, according to a proxy filed Monday to the Securities and Exchang