Thanks to better-than-expected Q1 results driven by the successful roll out of Op, Starter and Danskin Now at Wal-Mart as well cost-cutting efforts, Iconix Brand Group raised its guidance for the full year.
Iconix also acquired a 50% interest in Hardy Wa
Author: SGB Media
Gaiam Posts Q1 Loss on Lower Sales
Gaiam, Inc. revenue for the first quarter ended March 31 decreased 14.2% to $55.9 million from $65.2 million recorded in the same period last year. The reduction in sales was primarily due to a decrease in consumer spending, closure of businesses and repo
Crocs, Inc. Q1 Net Loss Widens on Declining Sales and Gross Margins
Crocs, Inc.’s forecast for a “significant loss” in the first quarter-after a grueling fourth quarter in 2008-was dead-on as the company reported first quarter revenue of $134.9 million, down 32.0% from $198.5 million in the year-ago period. The company q
K-Swiss Inc. Cuts 2009 Guidance After Q1 Loss and Order Backlog Declines
While making progress in re-launching its classic tennis shoe and establishing itself in the running/triathlon category, K-Swiss said it is still fighting an uphill battle against the struggling economy. The company lowered its guidance for 2009 after pos
Dorel Sees Rec/Leisure Division Q1 Profits Slide on Mass Declines
Dorel Industries Inc. revenues in its Recreational/Leisure division rose 14.9% to $161.4 million from $140.5 million in the year-ago period. Operating earnings declined 32.6% to $10.0 million from $14.8 million a year ago…
Johnson Outdoors Boosts Fiscal Q2 Profits with Sharp Expense Cuts
Thanks to heavy cost cutting, Johnson Outdoors was able to turn double-digit sales declines and lower gross margins into a huge increase in net income. Management stated that the “outdoor recreational industry is particularly volatile in uncertain economi
Head NV Q1 Net Revenues Fall with Double-Digit Decline in Diving and Winter
Head N.V. net revenues fell in the first quarter as both the company’s Diving and Winter Sports divisions felt the impact of the weaker economy with double-digit declines in sales. Even the Racquet Sports division saw a 3.8% decline in sales in the quarte
Insight Tech-Gear Names Hanson as Dir. of Commercial Sales
Insight Tech-Gear, a developer and manufacturer of illumination, laser aiming and thermal imaging solutions for the federal, law enforcement and commercial markets, has named Brent Hanson its director of commercial sales…
Georgia DNR Announces Changes To State WMA Program
The Department of Natural Resources’ Wildlife Resources Division today announced that beginning July 1, there will be three less wildlife management areas (WMA) in the state’s program and one WMA will be reduced in size…
Umarex Hires Out Of Bounds For Creative
Umarex USA, a supplier of sporting air guns and high quality small bore firearms, has announced the naming of Out of Bounds Creative as the agency of record for Umarex USA's firearm lines. Out of Bounds is an Ogden, UT-based advertising agency specia
Sportfishing Industry Association Launches New Outdoor Sports Show
The American Sportfishing Association (ASA) announced the addition of a fourth show to its East Coast-based fishing, hunting and outdoor consumer show roster. The Greater Philadelphia Outdoor Sportshow will take place February 25-28, 2010, at the Greater
More Than 100 Safari Club Members Visit Capitol Hill
Over 100 Safari Club International (SCI) members met with Members of Congress on the Hill last week in conjunction with SCI's annual May Board meeting in Washington, DC.
More Than 100 Safari Club Members Visit Capitol Hill
The FishAmerica Foundation, the conservation and research foundation of the American Sportfishing Association, said that grant monies for marine and anadromous sportfish habitat restoration are available for projects in the coastal United States, the Grea
Conservation Leaders Meet With Obama Administration
The President's budget contains both positive and potentially dubious news for sportsmen, according to a release by Ducks Unlimited. Today's budget request calls for increased funding for wetlands and waterfowl habitat programs, but also limits
Moving Comfort Names Bright Pink Beneficiary for Support Your Girls
Moving Comfort has advanced into the second phase of its philanthropic campaign with its “Support Your Girls” Pink Project. In honor of October National Breast Cancer Awareness Month, Moving Comfort will donate five dollars from the sales of their limited
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