Senior executives from leading outdoor manufacturers, retailers and associations across the country gathered today to endorse Senator John Kerry for President and Senator John Edwards for Vice President. They announced their endorsement at a press confer
Author: SGB Media
Callaway Will Miss Estimates; Suspends Future Guidance
Callaway Golf is suspending previously announced quarterly and annual earnings guidance in an effort to fully review the business given the appointment of its new CEO. Specifically, the company is re-evaluating the timing of new product launches and the s
Luxottica Appoints Three New Directors to Board
Luxottica Group, at the Group's Ordinary and Extraordinary Meeting held in Milan, Italy, shareholders approved the appointment of three additional directors to the Board, for a total of 12, as already provided in the Company's By-laws: Sergio Er
Retail Sector Q2 Profits Again Outpace Sales…
Industry retailers continued their momentum in building a stronger bottom line in the second quarter, again easily outpacing the growth in the sales line for the period. Even after stripping out the benefits of acquisitions and excluding the impact of in
Quiksilver Sees Global Brand Model Clicking on all Cylinders in Fiscal Third Quarter…
Quiksilver beat earnings estimates for the fiscal third quarter ended July 31, posting diluted EPS of 32 cents for the period against analysts expectations for 29 cents a share, thanks in large part to a nice improvement in gross margin, continued sales s
Cutter and Buck Triples Fiscal Q1 Profits; Sales Growth Next…
Cutter & Buck took a big hit in the Golf specialty channel in their fiscal first quarter ended July 31, but pointed to new moves being made to reverse the declining trend. Jim Grundberg, who held product marketing positions at both Callaway and TaylorMade
EMS Management in Buyout Deal…
Over the past few years, EMS has been described as “lacking oomph,” or “aimless” without a CEO or GMM, but the company still produced respectable results with an estimated $180 million in sales in 2003. Late last year, Will Manzer came on-board as the com
Ashworth Sees Charge to Shed Suit; Gekko Helped Top and Bottom Line…
At first glance the Ashworth bottom line numbers for their fiscal third quarter ended July 31 would have you concerned about the health of the business. However, a $3.0 million pre-tax charge related to a tentative settlement of a five-year-old securitie
G-III Exits Sports Fashion Business and China JV…
G-III fought a slowing sport fashion market and finished their fiscal 2005 Q2 with a net loss of $1.7 million, or a loss of 23 cents per share, compared to net income of $2.7 million or 37 cents per share in theyear-ago period…
Forzani Sees Flat Q2 Operating Earnings on Flat Sales; Gen-X Helps Margins…
The Forzani Group Ltd. saw flat operating earnings for the fiscal second quarter ended August 1 on lower sales and improved margins resulting from cleaner inventories, more closeout sales, and sales from private label products…
Dick’s Provides a Closer Look at Galyan’s Deal at Investor Conference…
Ed Stack, chairman and CEO of Dick's Sporting Goods, also spent some time with investors at the Goldman Sachs conference, again reiterating that the retailer will continue its goal of achieving 15% of total sales coming from private label. Stack see
Manzer Leads EMS Management Team in Buyout…
For years Eastern Mountain Sports has been quietly doing business through its 84 stores in the Northeast and Colorado, in fact some would argue, almost too quietly. Over the past few years EMS has been described as “lacking oomph,” or “aimless” without a
Colorado Groups Ask for Roadless Protection…
Representatives from the National Wildlife Federation, Colorado Government, The Central Wilderness Coalition and Outdoor Industry Association all gathered in Denver this past week to voice concerns about the changes in the roadless policies in federal for
Forzani Sees Flat Q2 Operating Earnings on Flat Sales; Gen-X Helps Margins…
The Forzani Group Ltd. saw flat operating earnings for the fiscal second quarter ended August 1 on lower sales and improved margins resulting from cleaner inventories, more closeout sales, and sales from private label products…
Columbia Reiterates Key Strategies…
Tim Boyle, president and CEO of Columbia Sportswear, presented his company’s business plan and future strategies at the 11th Annual Goldman Sachs Global Retail Conference held in New York City. Boyle opened with a bit of a history lesson, explaining the e