Garmin Ltd. reported revenues in its Outdoor/Fitness segment revenue increased 54% to $119 million in the second quarter. The gains were largely due to the strength of product introductions in the quarter. Financial highlights from the second quarter incl
Author: sportsoneauthor
Timberland Trims Second Quarter Loss
The Timberland Co. said its U.S. sales fell 13% in the second quarter – historically the company’s weakest – while wholesale shipments fell 10.1% worldwide as it continued to shut under-performing stores and prepare for critical global product launches in
Sport Chalet Feels Pain of Soft SoCal Market
Sport Chalet, Inc. saw sales and earnings decline as the retailer found conducting business in the Southern California market to be a tough thing to do. The retailer did see “fairly good strength” in men's apparel business along with the fitness busi
Big 5 Sporting Goods Q2 Profits Drop
Big 5 Sporting Goods felt pressure from the soft retail environment out west, showing the difficulties extend from the top tier to the volume guys. Same-store sales declined 7.6% for the second quarter, primarily due to a mid-single digit decrease in cust
Under Armour Posts Strong Q2 Sales Growth
Under Armour closed its second quarter with sales above the year-ago period, while cluing analysts in to its plans for new product launches in the back half of this year and the first half of 2009. However, net income declined as a result of front-loaded
Luxottica Sees Strong Growth
Luxottica Group posted its financial results for the second quarter on June 30, showing group consolidated sales of €1.35 billion ($2.13 bn) with €583.4 million ($915.9 mm) coming in from wholesale third parties and €771.1 million ($1.21 bn) from retail.
Finish Line Expands HQ
The Finish Line, Inc. plans to invest more than $34 million over the next five years to expand operations in Indianapolis. The company will add more than 180 jobs while expanding its 800,000-square-foot national distribution center and corporate headquart
Jarden Outdoor Has Small Organic Growth in Q2
Jarden Corporation reportedly increased net sales 30% to $1.4 billion for the second quarter, compared to $1.1 billion for the same period in the previous year. The Pure Fishing, Inc. and K2 Inc. businesses are included in the results of operations from t
Nautilus Sees Q2 Loss from Continuing Ops
Though Nautilus, Inc. saw an increase in sales for its retail business, decreases in the commercial and direct businesses caused the company to post a net loss for the second quarter, compared to a modest profit in Q2 last year. Net sales from continuing
Callaway Golf Gets International Lift
Comping against peaking sales for the FT-i and FT-5 drivers last year proved too tall an order for Callaway in the second quarter as sales declined in the mid-singles. However, the company’s continued focus on operations led to an increase where it counts
OIA PAC Backs Udall
The Outdoor Industry Association’s Political Action Committee has chosen a veteran Congressman and former Outward Bound instructor to receive its first ever campaign contribution…
OIA: Despite Slow June, H1 Retail Sales up 9%
Sales by core outdoor retailers were up 9% in dollars for the first six months of the year, according to a report released last week by the Outdoor Industry Association. The report confirms retail point-of-sale data reported here two weeks ago…
Whitewater, Mass Transit Add to Outdoor Demo
Outdoor Retailer has summoned the forces of public transit, water management and the Snowbasin resort to make this year’s Open Air Demo an historic adventure. For the first time, the demo will allow retailers to paddle whitewater and scale real live grani
Eco Working Group Poised to Hire Convener…
The Eco Working Group of the Outdoor Industry Association is poised to hire and present the firm at Outdoor Retailer that will take over the process of developing an ECO Index the industry can use to measure the environmental impact of its products…
Ogden Expands Contest to Lure Out-of-state Outdoor Ventures
Ogden City has added an out-of-state category and another $20,000 in prize money to its “Concept to Company” contest, which aims to draw outdoor recreation start-ups to the Utah city…
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