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
Author: SGB Media
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…
Rossignol Global Sales are down; N.A. Holds Steady…
The Rossignol Group is reporting that first quarter sales were down 5.3% to €37.0 million ($45.4 million) compared to €39.1 million ($43.2 million) for the company’s fiscal first quarter last year. The Ski division, which made up roughly 80% of the group’
The Search is Over at Malden…
The four-year search for a new CEO has been concluded at Malden Mills. Michael Spillane, the former president for Children’s Apparel & Men’s Underwear and Loungewear at Tommy Hilfiger U.S.A, has been named the president and chief executive officer…
Sport Chalet Expands Team Business; Posts Solid Q1…
Sport Chalet, the SoCal-based retailer that has built a business out a strong commitment to SnowSports, Outdoor, SCUBA, and other performance sports, has made the move to capture more of the team sports business. The retailer has acquired Bassco Sporting
TEA Bill Likely Stalled Until 2005…
The Senate-House conference committee working on reauthorization of the TEA-LU bill met twice this week, according to America Bikes Campaign Manager Emeritus, Martha Roskowski. TEA-LU provides funding for bicycle infrastructure, pedestrian trail systems,
Unifi Makes Progress; Still Bleeds Red…
Unifi reported that net sales for the company’s fiscal fourth quarter fell 7.0% to $191.7 million compared to net sales of $206.1 million for the prior year. Gross margins were 5.9%, a 270 basis point decline from the 8.6% margins reported last year. Unif
Delivery Issues and Weather Plague West Marine…
After revising its guidance downward earlier in the quarter, West Marine reported that sales increased 8.6% to $253 million in the second quarter of 2004, compared to $233 million last year. Comparable store net sales for the second quarter increased 4.6
PUMA Sees U.S. Futures Growth Push Higher…
PUMA AG again looked to Europe in the second quarter to lead the gain in sales for the period, but opened a few eyes on Tuesday when they announced that the currency-neutral growth rate in the order backlog for the Americas, which includes the U.S. market
Brunswick Gets Top-Line Help Across the Board; Fitness a Drag on Profits…
Brunswick Corporation reported a strong second quarter, with double-digit sales gains evident across all divisions, while significant net income growth was impacted only by a decline in operating margins in the company’s Fitness division, which includes t