Crocs Inc. said it expects second quarter sales to range between $218 million and $233 million and earnings per share in the range of 3 cents to 7 cents. These estimates compare to previous guidance of revenues ranging from $247 million and $258 million
Author: sportsoneauthor
Crocs Lowers Guidance; Shares Hammered
Crocs Inc. said it expects second quarter sales to range between $218 million and $233 million and earnings per share in the range of 3 cents to 7 cents. These estimates compare to previous guidance of revenues ranging from $247 million and $258 million
Acushnet Reports Waning Results for Q2
Fortune Brands, Inc., parent company of Acushnet Company, reported that company-wide net sales increased 8.6% to $2.10 billion for its fiscal second quarter. For the Acushnet golf business, however, second quarter net sales decreased 4.7% to $452.4 millio
Dick’s Receives Grant for New HQ
Alleghany County’s Redevelopment Authority has approved a request by Dick’s Sporting Goods for a $7.25 million grant to be used for infrastructure work on its new headquarters, reported The Philadelphia Inquirer. The grant money will be used for roads, se
Cybex Ekes Out Q2 Profit
Cybex International, Inc., the fitness equipment manufacturer, reported sales for the second quarter fell 4.6% to $33.1 million from $34.7 million for the corresponding 2007 period. Net income plummeted 88.4% to $128,000, or 1 cent a share, from $1.1 mill
Brunswick Posts Q2 Loss on Charges
Brunswick Corporation reported a net loss of $6.0 million, or 7 cents per diluted share, for the second quarter, compared with net earnings of $56.9 million, or 63 cents per diluted share, from continuing operations for the same period last year. The seco
Nautilus Consolidates U.S. Manufacturing and Distribution
Nautilus, Inc. is consolidating its U.S. manufacturing and distribution facilities. Nautilus will close its Tulsa, Oklahoma facilities by the end of 2008 and transfer the manufacturing of their products, principally, to its facility in Independence, VA. T
GSI Commerce Sees “Mixed” Results from SG
GSI Commerce, Inc. reported that second quarter revenues surged 47% to $193.2 million. Product sales grew 20% to $107.1 million. On a conference call with analysts, GSI Commerce CFO Michael Conn said they saw “strong results” from the pro sports league
Sport Supply to Beat Q4 Expectations
Sport Supply Group, Inc. said its fourth-quarter results “appear higher” than the year-ago period and as much as double current consensus analyst expectations for the quarter of 8 cents per share…
Volcom Enters Multi-Brand Retail as Q2 Sales Grow
Volcom, Inc. preceded its second quarter results with a step into mult-branded retail, announcing the acquisition of Laguna Surf & Sport. A core surf and skate retailer, LS&S operates two stores in Southern California, in Laguna Beach and Aliso Viejo…
Volcom Enters Multi-Brand Retail as Q2 Sales Grow
Volcom, Inc. preceded its second quarter results with a step into multi-branded retail, announcing the acquisition of Laguna Surf & Sport. A core surf and skate retailer, LS&S operates two stores in Southern California, in Laguna Beach and Aliso Viejo…
Rocky Swings to Profit in Q2
Rocky Brands, Inc. reported that net sales for the second quarter increased 2.9% to $60.5 million from net sales of $58.8 million in the second quarter of 2007. RCKY reported net income of $700,000, or 13 cents per diluted share, compared with a net loss
Lacrosse Reports Solid Q2 Despite Outdoor Regression
LaCrosse Footwear, Inc. said second quarter net income rose 47% on a 12% increase in consolidated net sales to $27.8 million for the period. Sales growth, however, came from the work and military markets rather than the outdoor market, where sales actuall
Economy Hits Mid-Tier
Published reports last week indicated that Mervyn's, which operates about 175 stores in seven states, primarily California, may be forced to file for Chapter 11 bankruptcy protection as some of its vendors have halted shipments to the company and key
TJX Looking to Sell Bob’s Stores?
TJX Cos Inc., after long contemplating such a move, is looking to sell its Bob's Stores division, according to Bloomberg News. Potential buyers include Philadelphia-based private equity firm Versa Capital management, the business newswire said. TJX
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal