Columbia Sportswear, parent company to Mountain Hardwear and Montrail, reported first quarter sales last week, (BOSS_0917) and The B.O.S.S. Report caught up Mountain Hardwear and Montrail president Mike Wallenfels for more details on the results from the
Author: sportsoneauthor
adidas Group Struggles with North America
Herbert Hainer, CEO and chairman of the adidas Group, warned previously that North America would be the company's “most challenging” market in 2009 and that prediction has certainly come to fruition in the first quarter of the year. On a currency-ne
Golfsmith Narrows Q1 Loss Despite Comps Decline
Golfsmith International managed to narrow its losses in the first quarter, but top-line sales and comp store sales suffered from a significant drop in ticket prices as the consumer continues to scale back discretionary purchases in response to the economy
Aldila Q1 Sales Drop Sharply
Aldila, Inc. net sales fell 34.7% to $13.8 million for the first quarter from $16.7 million in the year-ago period. The drop was attributed to the continued decline in first quarter golf industry sales. The company also reported a net loss of $48,000, or
LaCrosse Footwear Acquires END Footwear in $500,000 Deal
As Sports Executive Weekly was going to press late Friday, LaCrosse Footwear announced it had entered into a definitive agreement to purchase certain assets of Environmentally Neutral Design Outdoor, Inc., or END Footwear…
Puma AG Begins Restructuring Following Slow First Quarter
Puma AG finished the first quarter with slight declines in worldwide brand sales and similar declines in earnings, exclusing a hefty restructuring charge. The decline in sales came from the EMEA and Asia/Pacific regions, while the Americas reported health
Weather, Holiday Drives Comps to Slight Growth in April; Discounters Thrive
Following a somewhat respectable March that saw several retailers raise guidance for the quarter, same-store sales for April saw the largest monthly gain since August on strength provided by several key factors. Tax rebates, warm weather, and the Easter h
Iconix Raises Guidance; Acquires Stake in Ed Hardy
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
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…
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