Columbia Sportswear continued to log double-digit gains in both net income and sales in the third quarter despite continued softness in the company’s U.S. Outerwear business. COLM said that consumers were shifting away from Outerwear and more toward their
Author: SGB Media
Cabela’s Hurt by Gift Card Delay; Still Posts 61% Jump in Q3 Net Income…
Cabela's Inc. saw comp stores sales decline 3.0% in the third quarter versus a comp store sales gain of 4.2% in the year-ago period, due in large part to a delay in the printing and mailing of a promotional gift card.
Management estimated that co
EQT Partners Flips Thule to New PE Firm; Management Takes 20% Stake…
The auction for Thule has come to an end with British buyout shop Candover winning out as the brand’s new owner. EQT Partners, Thule’s former owner, opted to offer the company up for sale instead of conducting an initial public offering on the Stockholm
K2 Moves Dana Designs under Marmot’s Control
K2 Sports' Dana Design backpack and travel bag division will relocate in November from Vashon Island, WA, and operate under Marmot Mountain, LLC. in Santa Rosa, CA. Dana Design and Marmot products will continue to be developed and marketed as separat
Interbike Adds Westcott to Sales Team
Interbike has added Kevin Westcott to their sales team. Westcott replaces Adam O’Brien as Account Executive for Interbike’s growing portfolio of trade events – Interbike Expo, OutDoor Demo and the inaugural Winterbike, planned for February 2005. No stran
Phoenix Third Quarter Sales Jump 110.9% with Flat Organic Growth
Phoenix Footwear net sales for the third quarter totaled
$23.2 million versus $11.0 million for the third quarter of 2003, an increase of 110.9%. Net income per diluted share was 24 cents for the third quarter as compared to net income per diluted share o
West Marine Fourth Quarter Sales Fall 4.4%; Comps Down 7.7%
West Marine, Inc. earnings reached 29 cents per share for the third quarter ended October 2, 2004. Net income was $6.2 million in the third quarter, compared to net income of $8.1 million, or $0.39 per share, a year ago. Net sales for the third quarter we
Brunswick Third Quarter Sales Jump 23%
Brunswick Corporation net earnings were $72.9 million, or 75 cents per diluted share, for the third quarter of 2004, compared with $37.9 million, or 41 cents per diluted share, for the year-ago quarter. Net sales increased 23% to
$1,273.2 million, up from
TimBuk2 Wins Ebbie Award
Timbuk2 Designs was awarded the Emerging Growth Award at last night's 2004 Ebbies Awards Gala in San Francisco. This award, sponsored by Williams-Sonoma, Inc., is presented to a San Francisco small business or emerging growth company that has demons
Cabela’s Sales Climb 15.9% in Third Quarter
Cabela's Incorporated revenue for the third quarter of 2004 increased 15.9% to $383.8 million compared to $331.2 million for 2003. Net income for the third quarter of 2004 increased 61.2% to $16.5 million, or 25 cents per diluted share, compared to $
Columbia Q3 Sales Climb 11.4%; Income Up 7.9%
Columbia Sportswear Company third quarter net sales were $415.8 million, an increase of 11.4% over net sales of $373.4 million for the same period of 2003. The Company reported net income for the third quarter of 2004 of $68.6 million, a 7.9% increase ove
Cabela’s Files for Secondary Public Offering
Cabela's has filed a registration statement with the SEC for a proposed secondary public offering of 12 million shares of its common stock. All of the shares in the proposed offering will be offered by selling stockholders. Cabela's will not rec
Johnson Outdoors to go Private
Johnson Outdoors' board of directors has approved a definitive merger agreement with JO Acquisition Corp., a newly formed entity established by members of the family of the late Samuel C. Johnson, including Helen P. Johnson-Leipold, Chairman and Chie
Delta Q3 Sales Jump 76.3% on Soffe Acquisition
Delta Apparel, Inc. sales for three months ended October 2,
2004 were $54.3 million, an increase of $23.5 million, or 76.3%, from the prior year quarter due primarily to the acquisition of M. J. Soffe Co. Operating income was $3.1 million for the quarter
Nike Launches Women’s Catalog
Nike will launch its first national catalog for women. The 56-page catalog will feature a full line of apparel, footwear and equipment products and will be mailed 11 times per year in the United States. Female athletes will showcase Nike's women'