Hibbett Sporting Goods posted another record quarter and continues to improve upon its model that enabled the company to deliver an 8.1% return on sales for the first quarter versus its sector-leading 7.1% ROS for the 2003 full year and a 6.6% ROS in Q1 l
Author: SGB Media
U.S. Sporting Goods Retail Starts Year with a Strong Sales Gains…
A number of U.S. sporting goods retailers reported fiscal first quarter results last week, showing as a group a 22.9% increase in sales for the period. (see chart on page 5) The four retailers join Big 5 Sporting Goods, which already reported Q1 results,
Bob’s Stores Adds Value to TJX in Q1…
The TJX Companies, Inc. reported that first quarter sales at Bob's Stores were $61.4 million and posted operating earnings of $1.25 million at the 31-door unit acquired last year after a hard bidding process with Dick's Sporting Goods and their
Famous Footwear Starts to See Traffic Gains; Q1 Operating Profit Up 17%…
Famous Footwear started to see increases in customer traffic for the first time since its new theme and strategy was put in place and the family footwear chain is now starting to see its “new target customer” discover the stores for the first time. The s
SIA Sums Up Winter Season at Retail…
Terrific ski conditions in the West, and record skier visits at many resorts were balanced out this year by bitter cold and an abundance of ice in the East. Still, the SIA retail audit for the entire 2003-2004 retail season showed some respectable growth
Epstein Avoids Jail in JFF Sentencing…
Jon Epstein, the former CEO of Fila USA and Fila’s new parent company, Sport Brands International, was sentenced Friday by U.S. District Judge Karon O. Bowdre to 5 years probation, 6 months home detention, and a $10,000 fine in the Just for Feet fraud cas
Penguin Brands Acquires Nathan…
Penguin Brands is doing its part in the continued consolidation of the industry, closing a deal last week that sees the owner of the Penguin Shoe Care, Penguin Apparel Care, Sorbothane, and ProArc product lines acquire the assets of Nathan Performance. N
VF Corp. Makes Moves to Push Outdoor Business Forward…
Mike Egeck, currently President of The North Face, has been named President of Outdoor – North America for VF Corporation. Egeck will continue to have responsibility for The North Face brand and will add responsibility for the JanSport and Eastpak brands
NSGA Projects 2% Growth for Industry…
In the soon to be released report, The Sporting Goods Market in 2004, the NSGA is expecting 2% growth in the industry for 2004. Sporting goods sales, which have been relatively flat for the past three years, are projected to reach $46.6 billion, compared
Brunswick Offers $150 Million in 5% Notes
Brunswick Corporation announced the offering of $150 million aggregate principal amount of 5% notes due 2011 under a shelf registration statement previously filed with the Securities and Exchange Commission. The company said it intends to use the net proc
Collegiate Pacific Warrant Call Results
Collegiate Pacific reported 98.6% of its outstanding warrants have been exercised resulting in the receipt of approximately $20.9 million in new equity capital.
MLB Partners with Clear Channel and Finish Line
Major League Baseball Properties announced separate partnerships with Clear Channel Entertainment Properties and The Finish Line to launch the second season of the MLB Authentic Collection integrated marketing program “Access To The Show…”
Confluence Watersports Receives Patent for Kayak Seating System
In 2001, the engineers at Confluence Watersports developed the Phase3 Outfitting seating system that gives boaters infinite adjustability to their seating position for a customized and comfortable seating system. Last week the US Patent Office issued a p
SIA Reports Final SnowSports Retail Results…
The terrific ski conditions in the West, and record skier visits at many resorts were balanced out this year by bitter cold and an abundance of ice in the east. Still the SIA retail audit for the entire 2003-2004 retail season showed some respectable grow
VF Corp. Makes Moves to Push Outdoor Coalition Business Forward…
Mike Egeck, currently President of The North Face, has been named President of Outdoor – North America for VF Corporation. Egeck will continue to have responsibility for The North Face brand and will add responsibility for the JanSport and Eastpak brands