The Sportsman's Guide reported sales for the second quarter 2004 were $38.9 million compared to the $38.0 million reported for the same period one year ago. The Company reported net earnings of $797,000, or $0.15 per fully diluted share for the quar
Author: SGB Media
Dorel Posts 11.3% Increase to Earnings; Pacific Cycles’ Division Revenues at $102 Million
Dorel Industries second quarter 2004 net earnings increased 11.3% to $18.1 million or 55 cents per share compared with $16.3 million or 50 cents per share earned in 2003. Revenues for the period were $403.5 million compared to 2003 Q2 revenues of $264.7 m
Boreal Terminates U.S. Distribution Agreement
Calzados Boreal has terminated their the US Distribution agreement between Boreal and The Ralph Libonati Company (RLC) by mutual agreement. Boreal would like to thank RLC for their work and dedication during the last two seasons and wishes the best to RLC
Big 5 Net Income Climbs 19% on 8.5% Sales Increase
Big 5 Sporting Goods second quarter, net sales increased 8.5% to $184.5 million from $170.1 million in the second quarter of fiscal 2003. Same store sales increased 3.9% versus the same quarter last year, representing the company's 34th consecutive
Warnaco Swings to Profitability as Q2 Sales Climb 4.0%
The Warnaco Group second quarter net revenues increased to $332.1 million compared to $319.3 million for the second quarter of fiscal 2003. The Company saw solid revenue gains in both its Swimwear and Sportswear Groups, which were partially offset by a d
LaCrosse Q2 Sales are Flat; Back in the Red
For the second quarter of 2004, LaCrosse reported consolidated net sales of $18.6 million, up slightly from $18.58 million in the second quarter of 2003. consolidated net loss was $237,000, or $0.04 loss per share, in the second quarter of 2004, compared
Cybex Nets $7.25 Million in Private Placement
Cybex International has entered into definitive agreements with new institutional investors for the sale of 2,430,000 shares of the Company's Common Stock, for aggregate gross proceeds of approximately $8.0 million. After commissions and offering exp
Action Optics becomes Smith Action Optics
Smith Optics has decided to give its 'Action Optics' brand a name change. Beginning this fall, Action Optics will be called Smith Action Optics, and will become a premium polarized collection under the Smith brand. The new branding is intended
Spyder Acquired in $100 Million Cash Deal…
In a deal that has been in the works for several months, Apax Partners last week finalized its acquisition of Spyder Active Sports in a transaction valued at approximately $100 million, including assumption of debt. Apax is one of the largest private equ
Dick’s Closes Galyans Deal; Plans More Stores…
Dick's Sporting Goods completed its $362 million acquisition of Galyan's on Thursday via a deal structured as a merger. With the 48 Galyans doors, Dick’s now has 221 stores in 32 states and had combined sales of about $2.2 billion in the last f
Cabela’s Sees New Store Drive Top-Line; Earnings Hurt by Finance Unit…
Cabela’s saw a securitization transaction involving their credit card receivables impact their Financial Services segment’s' securitization income by roughly $2.0 million after tax, or three cents per diluted share, in the second quarter ended July 3
Gravis Expands Management Team…
Gravis footwear has added three new Director-level employees as part of a new emphasis by the Burton senior management team on the division. Anne-Marie Dacyshyn is the new Director of Product Marketing, Jason Heffron is the new Director of Marketing Commu
Rocky Q2 Boosted by Military; Sees New Focus on Retail…
Rocky Shoes & Boots benefited not only from their latest military deal, but also from the company’s focused expansion of products in footwear, apparel and Gates gloves throughout the quarter. Overall, Rocky posted a 25.5% sales increase to $27.4 million
Supply Shortages Slow Garmin in Q2…
Garmin boosted their sales by 32.2% during the second quarter to $189.7 million. The consumer division accounted for 78% of Garmin’s sales for the quarter, and reported $148.5 million in revenue, a 30% increase compared to the second quarter of 2003. Mos
Johnson Outdoors Gets Military Lift; Makes Watercraft Operations Changes…
Johnson Outdoors continued its reliance on military and Marine Electronics through the third quarter, although some important new programs are being implemented to bring the rest of the company back to higher levels of performance…