Huffy Corporation announced late Friday that $3.5 to $5.0 million in accounting entries, related primarily to customer deductions, credits and reserves for inventory valuation and doubtful account receivables for the former Gen-X Sports business, should h
Author: SGB Media
Shoe Carnival Shrugs Off Weaker Comps to Strong Bottom Line Gain in Q2…
Shoe Carnival reported weak comps for the second quarter, but met the Street’s expectation on the bottom line, generating a 25% increase in EPS over 2003. CEO Mark Lemond said they saw a “difficult sales pattern” in the second quarter, but were able to “
Bell Sports Merged with Riddell Sports in $240 Million Deal…
Fenway Partners, Inc., the private equity firm that owns Riddell Sports Group, has acquired Bell Sports and its Bell and Giro helmet brands in a $240 million deal with current Bell Sports owners Chartwell Investments Inc., GarMark Partners LP and Wachovia
Amer Group Q2 Results Hurt by Income Tax Expense, Tobacco Business Exit……
Amer Group still expects to be the number one sports equipment company in the world, but may have slipped in the second quarter in their drive to achieve that goal. Total company net sales in Q2 were impacted by the company’s withdrawal from the tobacco
True Temper Hurt as Retail Weakness Runs up the Supply Chain…
True Temper Sports, Inc. reported net sales for the second quarter decreased to $25.3 million from $32.5 million during the second quarter of 2003. Net income for the second quarter decreased to $1.7 million from $3.8 million in the second quarter of last
Head NV Sees Tax Hit Hurt Q2 Profits…
Head N.V. saw their bottom line take a major hit in the second quarter, as a $20.6 million (€17 mm) income tax expense drove the net loss for the period up 245%, or up 225% when measured in the company’s native Euro currency..
Pacific Sunwear Gets Product Mix in Line with Trends; Q2 Net Jumps 47%…
Pacific Sunwear finally feels they are getting a handle on the merchandising assortment in their d.e.m.o. stores to address the shift to wovens and preppy wear and away from the usual gangsta wear that had dominated the urban-influenced mall retail chain.
Collegiate Pacific Outlines Team Deals…
Collegiate Pacific revealed in SEC filings last week that the acquisition of Kesslers Sport Shop in April of this year was valued at $13.75 million, consisting of $6.5 million in cash and 906,250 shares of BOO common stock valued at $7.25 million…
Outdoor Retailer to Stay Put in Salt Lake City…
Well, we survived another one. Another Summer Market that had too many things to see and too little time to see them. But once again, The B.O.S.S. Report pulled off a marathon adventure at Outdoor Retailer, emerging with the impression once again that o
Amer Q2 Results Hurt by Tax Expense…
Amer Group still expects to be the number one sports equipment company in the world, but may have slipped in the second quarter in their drive to achieve that goal. Total company net sales in Q2 were impacted by the company’s withdrawal from the tobacco
Huffy 2003 Loss to Widen; Will Also See $70 mm Q1 Loss…
Huffy Corporation announced late Friday that $3.5 to $5.0 million in accounting entries, related primarily to customer deductions, credits and reserves for inventory valuation and doubtful account receivables for the former Gen-X Sports business, should h
Head NV Sees Tax Hit Hurt Q2 Profits…
Head N.V. saw their bottom line take a major hit in the second quarter, as a $20.6 million (€17 mm) income tax expense drove the net loss for the period up 245%, or up 225% when measured in the company’s native Euro currency…
Bell Sports Merged with Riddell Sports in $240 Million Deal…
Fenway Partners, Inc., the private equity firm that owns Riddell Sports Group, has acquired Bell Sports and its Bell and Giro helmet brands in a $240 million deal with current Bell Sports owners Chartwell Investments Inc., GarMark Partners LP and Wachovia
Burrell Retires from Garmin; Two New Board Members Appointed
Gary L. Burrell has retired from his position as Co- Chairman and as a director of Garmin. Dr. Min H. Kao, who is the company's CEO and who served with Mr. Burrell as Co-Chairman, will continue as Chairman and CEO. Mr. Burrell and Dr. Kao together fo
Polartec Breaks into the Waterproof – Breathable Category
Malden Mills has chosen the opening day of the Outdoor Retailer Show to announce a major line extension. Tape-able waterproof breathable fabrics will be offered under the sub-brand Polartec Aqua Shell, including one three-ply style, one two-ply with stret
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal