Warnaco's swimwear segment reported a Q2 operating loss of $7.4 million after a $3.6 million charge ($2.2 million after-tax) to write off inventories of its Speedo LZR Racer product. The loss compared to a year-ago deficit of $10.2 million, which inc
Author: sportsoneauthor
Crocs Returns to Profitability and Growth in Q3
Crocs, Inc. reported its first profit and year-over-year sales gain since second quarter 2008 and posted healthy future orders, led by demand for the new Crocband collection. Year-over-year spring-summer 2010 wholesale pre-books are running up 131% in the
Puma AG Sees Declines in All Regions and Segments in Third Quarter
Puma AG saw its business turn negative in the third quarter after posting flat growth in Q2, led by a downward turn in the U.S. market. Consolidated net sales declined 6.3% in third quarter on a currency-adjusted basis, and revenues declined 5.5% to S
October Retail Comp Store Sales Up 2.1% on Easy Comparisons, Weather Influence
Zumiez Inc. reported comps for the four-week period ended Oct. 31 decreased 8.9% on net sales that slipped 1.5% to $24.7 million from $25 million a year ago. Weekly comps were negative 8.9%, negative 5.5%, negative 13%, and negative 8.1% for weeks one thr
Big 5 Third Quarter Profits Soar on Lower Costs and Rising Sales
Big 5 Sporting Goods' Q3 earnings surged 77.8% due to a combination of improving sales, slightly better merchandising margins and lower expenses. The 1.6% comp decline represented its second straight quarterly gain and its strongest comp since the Q4
Sport Chalet Cuts Fiscal Q2 Losses Despite Steep Comp Drop
Sport Chalet's sales decreased 7.9% in the second quarter ended Sept. 27, to $88.8 million as comps fell 12.4%. But its net losses were slashed to $1.2 million, or 9 cents a share, from $4.2 million, or 30 cents, a year ago. The Los Angeles-based spo
Easton-Bell Sees Third Quarter Team Segment Sink Sales 11.3%
In a quarter that is largely dependant on football and hockey sales, Easton-Bell Sports, Inc. saw lagging Team Sports sales fall 19.0% to $91.2 million from $112.6 million in the year-ago period. Sequentially, the decline mark a small improvement from sec
Under Armour Partners With IMG and Signs MMA Champ Georges St-Pierre
Under Armour and IMG Worldwide, announced an exclusive partnership highlighted by the development of a unique comprehensive athletic training platform that will establish a global measurement standard for improved sports performance, health and fitness ca
Sport Supply Group Raises Fiscal Year Outlook
Sport Supply Group reported sales rose 5.3% to $77.5 million in the first quarter ended Sept. 30, from $73.6 million in the year-ago period. Earnings were basically flat at $5 million though earnings per share improved to 37 cents from 35 cents due to few
Adams Golf Settles Stockholder Class Action Litigation
Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial public offering. Adams
Dorel’s Rec. and Leisure Division Sees Declining Sales and Earnings
Dorel Industries Inc. Recreation & Leisure Division reported that sales declined 6.1% to $518.5 million compared to $552.2 million last year. Excluding the impact of the new business acquisitions and foreign exchange variations on the segment's non-U
Garmin’s Q3 Sales Slide Despite Record Sales from OD/Fitness
Garmin Ltd. reported revenues slumped 10.2% in the third quarter of 2009, reflecting significant weakness from the company’s Auto/Mobile and Aviation segment that more than offset growth from the Outdoor/Fitness and Marine segments. Revenues for the
Amazon Closes Zappos Acquisition
Amazon.com, Inc. completed its acquisition of Zappos.com. Thanks to an increase in Amazon's stock price, Amazon will pay $1.2 billion, or $117.40 a share, for the business, up from $928 million when the deal was first announced on July 22. As expect
Genesco Acquires Sports Fan-Attic
Genesco Inc. announced that its Hat World subsidiary acquired Sports Fan-Attic, a Tampa, Fla.-based retailer of licensed sports headwear, apparel, accessories, and novelties. Sports Fan-Attic operates 37 stores largely in regional malls in seven states.
SportScanInfo: Early Winter Weather Helps Push Outdoor Sales Increase in October
An early start to winter this year spurred sales of cold weather footwear and apparel at the sporting goods industry retailers and chain stores that report sales to SportScanInfo. With snow falling in the Rockies and abnormally cold weather hitting the No
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