Cervélo Cycles announced that their slander action
initiated against Guru has been settled. As part of the settlement Guru’s president Tony Giannascoli has offered a written apology in which he apologizes for “untrue statements” made by his sales staff. H
Author: SGB Media
Rocky Swings to Q1 Profit on 59% Sales Increase
Rocky Shoes & Boots, Inc. reported net income increased to $0.1 million, or one penny per diluted share, for the first quarter of 2004 compared to a net loss of $623,000, or 14 cents per diluted share, in the prior year period. Net sales increased to a f
Motor and Outdoor Division Boost Sales at Johnson Outdoors
Johnson Outdoors announced increased net sales, operating profits and earnings for their second fiscal quarter ended April 2, 2004. Gains were attributable to continued strong top-line and bottom-line performances by the Motors and Outdoor Equipment Group
Life Link Adds Bert Hopp to Rep Force
Life-Link Backcountry Travel has appointed Bert Hopp, President of Hopp Outdoors LLC, as the new sales representative for Michigan, Indiana, Ohio and Kentucky.
Bert has extensive experience in Outdoor Industry Sales, as well as Life-Link Bert represents:
Galyans Opens Denver Area Store
Galyans Trading Company is set to celebrate the grand opening of its 84,000 square foot sports and outdoor adventure store April 30 at Belmar Center, a newly developed lifestyle center six miles west of downtown Denver. The store is the fourth in Colorado
Columbia Income Jumps 34.2% on 22.4% Sales Increase
Columbia Sportswear Company announced record first quarter net sales of $206.7 million for the quarter ended March 31, 2004, an increase of 22.4% over net sales of $168.9 million in 2003. The Company reported record net income for the first quarter of $20
K-Swiss Q1 Earnings Rise 59.5%, But Forecast Moves Lower
K-Swiss announced net earnings for the first quarter increased 59.5% to $21.8 million, or 57 cents per diluted
share, compared with $13.6 million, or 36 cents per diluted share, in Q1 last year. Diluted EPS rose 58.3%. Total worldwide revenues increased
John Moore Joins Mossimo as VP and Creative Director of Modern Amusement
John Moore has joined Mossimo as Vice President and Creative Director of Modern Amusement. Mr. Moore joins Mossimo from Abercrombie & Fitch where he was Senior Director of Global Concepts. As Creative Director of Modern Amusement, Mr. Moore will focus on
GoLite and Timberland Team Up for Adventure Racing
GoLite and The Timberland Company are teaming up to co-sponsor one of the most experienced adventure racing teams in the sport. Team GoLite/Timberland will be racing in 2004’s major professional adventure races, including the Subaru Primal Quest, the Raid
Pacific Acquisition Helps Dorel Boost Q1 Sales 41.5%
Dorel Industries posted a record quarter in sales citing
continued organic growth at Dorel Juvenile Group USA and the benefits of Pacific Cycle. Total revenues for the first quarter ended March 31, 2004 were up 41.5% to $391.8 million, compared to $276.9
Garmin Reports 28% First Quarter Sales Increase
Garmin's revenue for Q1 2004 increased 28% to $158.3 million from $123.8 million last year. Net income was $34.7 million, or 32 cents diluted EPS, compared to $41.5 million or 38 cents diluted EPS last year. Q1 net income included a $7.6 million fo
Brian Reed Joins Alpha Golf as Nat’l Sales Mgr.
Alpha Golf announced the addition of Brian Reed of Los Angeles, Calif., as its new national sales representative who will be dedicated to driving the Alpha Golf brand among major golf retailers and distributors throughout the country.
Insurance Problems Impact Dorel’s EPS
Due to a dispute with one of its insurance carriers over the aggregate amount of insurance available to the Company, Dorel Industries is recording a charge for liability claims in the amount of US$6.5 million pre-tax in the first quarter ended March 31, 2
Brunswick Net Earnings Jump to $48 million; Sales Up 28%
For the quarter ended March 31, 2004, Brunswick Corporation reported a net sales increase of 28 percent to $1,199.6 million, up from $934.5 million a year earlier. Operating earnings rose to $78.5 million compared with $13.0 million in the year-ago quart
Bite lands LPGA Distribution Deal
Bite Footwear will distribute, through an agreement with Benchmark a.k.a. RMP Athletic, the LPGA’s new apparel line for women. The line bears the LPGA logo and will be available this May…