Oakley, Inc., on this preliminary basis, generated fourth quarter net sales of $162.4 million for the fourth quarter, up 6.2% from $153.0 million in the same period the previous year. Net income totaled $9.2 million, or 13 cents per diluted share, compare
Author: sportsoneauthor
Oakley Launches New Multi-Brand Growth Strategy
Oakley, Inc. announced several strategic initiatives it believes will position the company for sustainable revenue growth, improved long-term earnings growth and return on investment. Within the context of those strategic initiatives, the company also pro
Royal Precision Owners Looking for Strategic Alternatives
Royal Associates, Inc., 100% owner of Royal Precision, today reports that it is seeking strategic alternatives to increase shareholder value. Royal Precision has substantially completed its plan to increase productivity and anticipates increased efficienc
Icebreaker Inks Sponsorship Deal with Sun Valley Heli Ski Guides
Icebreaker is joining forces with Sun Valley Heli Ski Guides as the official outfitter of performance layering for the company’s professional guides. Sun Valley Heli Ski Guides has been bringing skiers into untracked Sawtooth powder since 1966, and celeb
Fromson Steps Down from Cascade Designs
After 23 years at Cascade Designs Inc., Lee Fromson will be stepping down as President on February 28, 2006. In 2005, the CDI Employee Stock Bonus Plan was revised. While that revision improved the financial structure of CDI, it resulted in a change to
Chain Store SnowSports Sales Increase 17%
Sales at chain stores were up 17% compared to last season, according to the SnowSports Industries America Retail Audit. In dollars, that translates to $347.1 million in sales compared to $298.0 million for the same period last season. Unit sales were up
Specialty SnowSports Sales Jump 12% Through December
Overall sales for the entire winter sport market, including specialty and chain stores, were up 13% in dollars to $1.5 billion for the August through December period of 2005, compared to $1.3 billion reported last year, according to the SnowSports Industr
Anne Obenchain Joins OIA as Director of Member Services
Outdoor Industry Association appointed Ann Obenchain as the Director of Member Services overseeing member communications, events, and research for the association. Ann is joining OIA from Kelty, where she has served as the Director of Marketing since 1998
Lafuma Files for $30 million Secondary Public Offering
For the first time since its initial public offering in May of 1997, Lafuma has launched a capital increase operation with pre-emptive subscription rights, for a total of €25.3 million ($30.4 mm)…
Wolverine Fourth Quarter Sales Climb 4.4%; Fiscal 2005 Exceeds $1 Billion
Wolverine World Wide, Inc. reported record revenue and earnings per share for its fourth quarter and 2005 fiscal year, marking its fifth consecutive year of record results.
For the fourth quarter of 2005, the Company reported revenue of $321.0 million, a
VF Corp. Revenue Climbs 4% on Outdoor Coalition Strength
VF Corporation announced record results for the fourth quarter and full year 2005. Net income in the fourth quarter rose to a record $127.5 million from $125.3 million, with earnings per share rising to $1.13 from $1.10. Total revenues increased 4% to a r
Timberland Joins New Environmental Reporting Group
The Timberland Company has joined the Facility Reporting Project, a new initiative of the Boston-based Ceres coalition aimed at improving sustainability reporting and environmental performance at individual facilities across the country…
ATTA Hosts 2nd Annual Adventure Travel World Summit
The Adventure Travel Trade Association will host the second annual Adventure Travel World Summit in Seattle on October 19, 20 and 21, at the Bell Harbor International Conference Center on Elliot Bay…
Mugs Stump Award Recipients Announced
Black Diamond Equipment, Patagonia, Climbing Magazine, Mountain Gear and W.L. Gore, announced the recipients of the 2006 Mugs Stump Award. Created in 1992 in memory of Mugs Stump, one of North America’s most visionary climbers, the award grants money to s
Genesco Re-affirms Guidance
Genesco Inc. management said that they remain comfortable with previously announced guidance for the fourth quarter and fiscal year 2006. Genesco plans to announce its results for the fourth quarter and fiscal year 2006 and to discuss the results and the
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