Dick's Sporting Goods, Inc. and Golf Galaxy, Inc. have entered into a definitive agreement and plan of merger whereby Dick's will acquire Golf Galaxy. Under the terms of the agreement, each outstanding share of Golf Galaxy common stock will be c
Author: SGB Media
Dick’s Sporting Goods Beats Q3 Sales and Earnings Guidance
Dick's Sporting Goods, Inc. net income for the third quarter ended October 28, 2006 was $7.8 million and earnings per share was 14 cents, as compared to prior year proforma net income of $0.9 million, or 2 cents per share. Net sales for the quarter i
Sport Chalet Opens 44th Store
Sport Chalet, Inc. will celebrate the grand opening of its new 40,000 sq. ft. store located in San Marcos, California. This location will feature an on-site SCUBA training pool. This is the Company's 44th store…
Collegiate Pacific Fiscal Q1 Sales Climb 4.4%
Collegiate Pacific Inc. first fiscal quarter Earnings per share were 28 cents per fully diluted GAAP share 27% higher than the year ago results of 22 cents per GAAP share. Net sales of approximately $68 million for the quarter were approximately 4.4% bett
Skirving Appointed to U.S. Sales Manager for Lolë
Coalision announced that Julie Skirving will now join the Lolë team as Lolë US Sales Manager. Julie brings with her 18 years of sales experience in the Outdoor industry…
adidas Sees Strong Q3 Organic Growth; Guidance Cut on Reebok Investment
In the third quarter of 2006, adidas Group sales increased 56% on a currency-neutral basis. In euro terms, Group revenues grew 53% to €2.949 billion ($3.754 bn) in the third quarter of 2006 from €1.924 billion ($2.341 bn) in 2005. Sales for the adidas Gro
Head N.V. Q3 Profits Surge on Strong SnowSports Sales
Head N.V., for the three months ended September 30, 2006, net revenues were up 11.1% to €111.9 million ($142.4 mm)and operating profit, before restructuring costs, improved by €4.2 million ($5.3 mm) to a profit of €15.4 million ($19.6 mm). Net profit for
Athlete’s Foot Parent Reports Q3 Loss; Aggressively Seeks Acquisitions
NexCen Brands, Inc., parent company to The Athlete's Foot reported a net loss for the third quarter of 2006 of 2 cents per share, or $822,000, compared to net loss of 2 cents per share, or $835,000 in the third quarter of 2005 and net loss of 3 cents
Holiday eSpending Report Sees Continued On-Line Retail Growth
Goldman, Sachs & Co., Nielsen//NetRatings and Harris Interactive will collaborate on their sixth annual Holiday eSpending Report, conducting weekly surveys throughout November and December 2006. The three firms believe that online retail will continue its
Coleman Parent Prices Secondary Offering to fund Acquisitions and Debt
Jarden Corporation, Coleman's parent company, has priced its public offering of 11.5 million shares of common stock at $36.25 per share. Warburg Pincus and its affiliates are selling 7.5 million shares, bringing their ownership to under 10% of Jarden
Ski and Snowboard Hall of Fame to Host Ceremonies at SIA.07
The U.S. National Ski and Snowboard Hall of Fame and Museum will host their Induction Ceremony at the SIA.07 SnowSports Trade Show for the first time. Jonny Moseley, Julie Parisien and Trace Worthington will all be inducted into the Hall of Fame during a
New Balance and High Gear Ink Licensing Deal for Fitness Monitors
New Balance Athletic Shoe, Inc. signed a licensing agreement with Highgear USA for the New Balance Sports Monitors category. Highgear is an outdoor and fitness instrument brand based in Asheville, NC. Highgear will handle the design, development, and deli
Puma Q3 Net Down 5.2%; U.S. Futures Growth Slows
Puma AG reported that consolidated sales for the third quarter were up 32.2% in currency-neutral terms and by 30.3% when measured in Euros, to €699.2 million ($892 mm). By segments, Footwear increased 19.8%, or 21.5% currency-neutral, to €420 million ($5
Sugoi Hires New EU PR and MarCom Firm
Sugoi Performance Apparel has hired inMotionmar as their new European PR and Marcom agency. Uwe Weissflog, GM of inMotion mar.com based in Ludwigsburg near Stuttgart, Germany, will be responsible for servicing and communicating with key media throughout C
Vietnam’s WTO Ascension Agreement Approved
Following a decision by the World Trade Organization's General Council on November 7, 2006 Vietnam is set to become the WTO’s 150th member. The General Coucil approved the Southeast Asian country’s membership agreement and Vietnam will become a membe
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