Delta Apparel net sales for the fiscal first quarter, which ended September 29, 2007, increased 15.8% to $72.6 million compared to $62.7 million in the prior year’s first quarter. The increase was driven primarily by the FunTees and Junkfood businesses, b
Author: sportsoneauthor
20 Degrees North Inks Xterra Footwear and Apparel License
20 Degrees North has signed a licensing agreement with TEAM Unlimited to design, market and produce performance and lifestyle footwear, apparel and accessories under the Xterra brand name. All products – geared for the ageless, active-minded multi-sport
Quiksilver Inks Deal to Sell Cleveland Golf
Quiksilver Inc. has reached a definitive agreement to sell 100% of the stock of its Cleveland Golf Company Inc. subsidiary to SRI Sports Limited, based in Japan. The transaction value is $132.5 million and is expected to close during before January 31, 20
Garmin Makes Counter-Offer for Tele-Atlas
Garmin intends to make a public offer for all the outstanding shares of Tele Atlas N.V. on a fully diluted basis at an indicative offer price of €24.50 in cash per share, implying an equity value for the Company of €2.3 billion. The intended Offer will be
Garmin Q3 Sales Climb 79%; Earnings Grow 57%
Garmin Ltd. third quarter revenue was $729 million, up 79% from $408 million in third quarter 2006. Outdoor/Fitness segment revenue increased 24% to $88 million and the marine segment revenue increased 17% to $48 million. Diluted earnings per share increa
Iconix Q3 Licensing Revenue Nearly Doubles
Iconix Brand Group licensing revenue for the third quarter of 2007 increased 93% to approximately $42.7 million, as compared to approximately $22.1 million in the third quarter of 2006. Net income for the third quarter increased 114% to $17.0 million vers
Half-Moon Outfitters Raises $6,000 for Coastal Conservation League
Half-Moon Outfitters hosted it�s 7th Annual Island Giant Kayak Race Saturday, October 27th at the Isle of Palms, South Carolina. This event raised $6000 for the Coastal Conservation League, who fight to protect the natural environment of the South Carol
Grassroots Adds Idaho Mountain Touring to Roster
The Grassroots Outdoor Alliance has added it's 34th Member and 73rd store to their membership base of outdoor specialty retail stores. Idaho Mountain Touring joined the independent outdoor retail group this week…
Cabela’s Hires New CHRO
Cabela’s Incorporated hired Charles Baldwin as vice president and chief human resources officer. Baldwin will be responsible for managing Cabela’s growing family of employees and attracting, retaining and developing talent for Cabela’s…
Crocs Q3 Sales Increase 130%
Crocs revenues for the third quarter increased 130% to $256.3 million compared to $111.3 million for the quarter ended September 30, 2006. Net income for the quarter ended September 30, 2007 was $56.5 million, or 66 cents per diluted share, compared to $2
Under Armour Q3 Income Climbs 25%; Sales Jump 46%
Under Armour, Inc. net revenues increased 46.3% in the third quarter to $186.9 million from $127.7 million a year ago. Apparel revenues catapulted 44.8%. Net income increased 25.4% to $20 million, or 40 cents a share, from $16 million, or 32 cents. Result
Jarden Q3 Income Slips Despite 28% Sales Increase
Jarden Corporation third quarter sales increased 28% to $1.3 billion from $1.0 billion the prior year. Net income was $21.2 million, or 28 cents per diluted share, compared to $51.3 million, or 78 cents per diluted share, for Q3 of 2006, a 58.7% decline.
Pacific Cycles Q3 Earnings Decline as Sales Inch-Up
Dorel Industries Inc. third quarter revenue was $440.1 million, up slightly from $436.3 million last year. Net income for the three months was $26.4 million or 79 cents per diluted share, compared to $25.1 million, or 76 cents, a year ago. Pacific Cycle’s
SIA Moves Trade Show to Denver for 2010
SnowSports Industries America (SIA) will move their annual trade show to Denver starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. SIA worked with the dates available at the Colorado Convention Center — the s
Sports Direct Doubles Stake in Umbro
Sports Direct, headed by U.K. billionaire Mike Ashley, filed papers notifying the London stock exchange that the retail chain has acquired a 29.9% stake in Umbro, almost doubling its original holdings in the company. Previously, Sports Direct owned roughl
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