Author: sportsoneauthor

Winmark Corp. Reports Drop in Yearly Income

February 24, 2009 SGB Executive

Winmark Corporation, the parent of Play It Again Sports, said net income for the year ended Dec. 27, 2008 of $1.1 million or 21 cents per share diluted, compared to net income of $3.0 million or 54 cents per share diluted, in 2007…

Garmin Q4 Revenue Falls 14%, FY08 Up 10%

February 23, 2009 SGB Update

Garmin Ltd. said total revenue for the fourth quarter ended Dec. 27, 2008 was $1.05 billion, down 14% from $1.22 billion in fourth quarter 2007. Total revenue for fiscal year 2008 was $3.49 billion, up 10% from $3.18 billion in 2007. The Outdoor/Fitness s

School Budgets Face Another Squeeze

February 23, 2009 SGB Update

Already under pressure for years, school budgets are expected to take another huge hit due to the economic downturn. At some schools, athletic spending has already been frozen for the remainder of the year, but with many budgets already set for the curre

Crocs Posts Q4 Loss; Sees Same for First Quarter

February 23, 2009

The Crocs Inc. fourth quarter loss was narrower than its recent guidance, but the company followed up that loss with a forecast for a significant loss in the first quarter…

Signature Eyewear Achieves Fourth Year of Profitability

February 23, 2009 SGB Update

Signature Eyewear, Inc., the maker of Cutter & Buck and Hummer eyewear, was able to pull off its fourth consecutive year in the midst of an economic meltdown. The company reported net income of $622,000 on net sales of $24.5 million for the fiscal year en

Skechers Posts Q4 Loss as Margins Shrink

February 23, 2009 SGB Update

Skechers USA Inc. said it posted a loss in the 2008 fourth quarter, a loss the company attributed to the weak retail environment. Lower margins for the period were the result of the company cutting inventories to match lower consumer demands. Net sales f

Element 21 Cuts Operating Loss

February 23, 2009 SGB Update

Element 21 Golf Company generated fiscal Q2 revenue of $430,651, an increase of 168% compared to revenue of $255,801 in the same period in fiscal 2007…

Sport-Haley Sees Fiscal Q2 Results Tumble Across Board

February 23, 2009 SGB Update

Sport-Haley, Inc. reported net sales of fashion apparel in its second quarter ended December 31 were $3.2 million, a decrease of 26%, from net fashion apparel sales of $4.4 million for the comparable three-month period in the prior fiscal year…

Cabela’s Rides Upside from Firearms Sales Growth

February 23, 2009 SGB Update

Very strong results from firearms and hunting equipment, along with efforts to significantly improve inventory levels helped Cabela’s to sustain only modest declines in sales and gross profit for the fourth quarter of fiscal 2008. Amid a harrowing environ

Westfield to Cut Operating Hours

February 23, 2009 SGB Update

According to reports, Westfield Group will cut operating hours at most of its 55 U.S. malls. Most of Westfield Group's malls will open 30 minutes later and close 30 minutes earlier on weekdays, spokeswoman Katy Dickey said. About a third will close a

Chick’s Headquarters to Close

February 23, 2009 SGB Update

According to local reports, the Covina, CA headquarters for Chick’s Sporting Goods will close as its new owner, Dick Sporting Goods, continues to absorb operations…

1 … 1,125 1,126 1,127 1,128 1,129 … 1,715