Timberland posted a slightly wider second quarter loss, hurt by weakness in its casual footwear and apparel business and a stronger U.S. dollar. But Jeffrey Swartz, president and CEO, said some strengthening in fall orders shows that a rebuilding process
Author: sportsoneauthor
Johnson Outdoors Improves Fiscal Q3 Profits; Watercraft Division Struggles
After beginning a comprehensive cost-reduction plan in December of 2008 that which included an aggressive $20 million cost savings target, lower capital spending and significant reduction in peak working capital, Johnson Outdoors is reporting higher earni
Unifi Fiscal Q4 Sales Fall 26%; Sees Brighter Future
Conditions within the textile supply chain continued to improve throughout the fiscal fourth quarter for Unifi, Inc., as excess inventory levels are being depleted and production levels are becoming more closely aligned with consumer demand…
Columbia Exceeds Guidance in Second Quarter; Mountain Hardwear Sales Slip
Overall, the second quarter for Columbia Sportswear came in better than the outlook the company provided in April due to a smaller decline in net sales than anticipated,along with diligent expense management and the favorable effect of cost control measur
Sturm, Ruger Sees Second Quarter Sales Spike; Outlook Calls for Slower Growth
Sturm, Ruger, & Company saw second quarter sales skyrocket 87% on strong sales from new products, but management noted that the buying-surge sparked by the November elections is showing signs of slowing. Despite a 14% quarter-over-quarter increase in sa
Rocky Brands Sees Second Quarter Sales Fall Across All Divisions
Rocky Brands, Inc. said sales for the second quarter ended June 30, 2009 decreased 15.4% to $51.2 million versus net sales of $60.5 million in the second quarter of 2008. The company reported a net loss of $1.4 million, or 25 cents per diluted share, vers
Cabela’s Ups Guidance After Q2 Profit Jump
Following a first quarter that saw management voice concern over an increase in bad debt expenses, Cabela’s Inc. rebounded mightily in the second quarter to post better-than-expected profits as delinquent accounts decreased in every classification and ch
LaCrosse Sees Q2 Boost from Military Sales
LaCrosse Footwear reported second quarter sales increased 8% to $30.0 million, up from $27.8 million a year ago. Net income was $1.7 million, or 26 cents a share, up 15% from $1.4 million or 22 cents, a year ago…
Taking A Look Inside the Amazon/Zappos Deal
Amazon.com revealed details of its acquisition of Zappos in a filing with the Securities and Exchange Commission Monday. The filing notes that Amazon began discussing an acquisition of Zappos in 2005 and indicates that Tony Hsieh, the online footwear reta
Head NV Sees H1 Sales Drop; Hints at Liquidity Issue
Head N.V. expects net revenues at constant currency to be as much as 10% below year-ago levels. The Amsterdam-based company said it is “still experiencing difficult trading conditions, particularly in diving and to some extent in winter sports.”…
WSA Show Now Just a Shell of Its Former Self
The writing may be on the wall when someone can get a Deluxe room at the Las Vegas Hilton for $39.95 the day before the WSA Show — and that’s before the $25 in casino credits that came along with the deal. True story for Sports Executive Weekly editors a
Speedo Blasts FINA’s Move to Ban Fast Bodysuits
Speedo, the creator of the LZR Racer suit that helped break scores of swimming world records over the last year, last week blasted the sport's governing body for its decision to ban high-tech bodysuits.
FINA ruled on July 24 that males will be restri
Brunswick Q2 Sales Plummet on Sinking Engine, Boat Sales
Brunswick Corporation quarterly results continue to reflect the difficult economic conditions as the company reported net sales for the second quarter of 2009 were $718.3 million, down 52% from $1.49 billion a year earlier…
ORSM Attendance Dips but Energy Stays High
Outdoor Retailer said it “did see a dip in overall attendance” at its recent Summer Market show but the event still tallied more than 18,000 overall attendees and approximately 5,000 buyers. However, the level of energy and enthusiasm of the retailers and
Hanesbrands Q2 Profit Falls on Charges
Hanesbrands Inc. reported that total net sales in the second quarter declined by 8% to $986.0 million, while GAAP earnings per diluted share were 32 cents per share compared with 60 cents per share in the year-ago second quarter. Excluding restructuring a
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