Fortune Brands reported its fourth quarter in the row of top line growth for its Acushnet Golf division, which includes the Titleist, Cobra and FootJoy brands, as first quarter sales increased 20% to $338.9 million from $282.4 million in the year-ago peri
Author: SGB Media
New NSGA Report Sees Mostly Declining Participation Numbers…
Last week the SGMA released their top-line participation report (SEW_0416) which showed some considerable gains in fitness activities, relatively flat participation in many team sports, and gave an upbeat outlook for the world of outdoor recreation. This
Callaway Posts Profit in Ball Operation in Q1; Top-Flite in the Black Already…
Callaway Golf Company saw shares decline 6.7% to close at $18.01 on Friday on a mix of both good news and bad. But the key issue was the company’s shortfall on the earnings per share line — even after stripping away the Top-Flite impact — as ELY missed
NMa orders Accell to pay $15.1 Million Fine for Price Fixing
The Nederlandse Mededingingsautoriteit, or NMa, [Netherlands Competition Authority] announced that Accell Group has been ordered to pay a fine of €12.8 million ($15.1 million) because of an infringement of the law on Competition with regard to alle
Accell Group Posts Solid Q1
Accell Group N.V. announced at its General Meeting of Shareholders that it had a positive first quarter of 2004. The results in Germany still lag the rest of the group. The production facility in Hungary is, as expected, running at full capacity. Also, sa
Emu Expands U.S. Presence
EMU Australia has added Michael Fischer and Tiana Phillips to the EMU North American team. In his new role, Fischer will serve as the customer service and product line manager and will assist with product development and design for footwear, accessories a
THULE Extends Envoy Program to the Southeast
Thule has announced the hiring of Chris Roberts as the Southeastern Thule Envoy. Launched in 2003, the Thule Envoy program was created to promote dealer and consumer relations through hosting in-store training, assisting with retailer sales events, and a
InterBike Helps Fund Industry Associations
As the cycling season begins to heat up, Interbike is pleased to announce its advocacy and association support
program for 2004, an annual effort that provides necessary funding for a broad collection of advocacy and industry organizations at the local an
Unifi Q3 Net Loss Grows on Restructuring Charges
Unifi released operating results for its third quarter of fiscal year 2004. The Company reported a net loss of $50.0 million or 96 cents per share for the quarter ending March 28, 2004, which compares to net income of $1.1 million or 2 cents per share for
Hibbett Added to SandP Smallcap Index
Hibbett Sporting Goods will replace Butler Manufacturing Co. in the S&P SmallCap 600 Index after the close of trading on Tuesday, April 27, 2004. Butler Manufacturing is being acquired by S&P Global 1200 constituent BlueScope Steel Ltd. in a transaction a
Fortune Brands Net Income up 40% for First Quarter
Fortune Brands reported record results for the first quarter of 2004. Successful new products, expanded customer relationships and productivity gains helped drive broad-based earnings growth. High-return acquisitions and favorable foreign exchange added t
Wolverine Thanks Merrell for Another Solid Quarter
Wolverine World Wide achieved record revenue for the first quarter of 2004 totaling $224.9 million, a 17.4% increase over first quarter 2003 revenue of $191.5 million. Earnings per share during the first quarter of 2004 grew to $0.30 per share compared t
Nike Realigns Regional Managment Teams
Nike is realigning the company's regional management, effective immediately. Eunan McLaughlin, currently vice president of Nike's Asia Pacific region, will become vice president of the Europe, Middle East and Africa region, succeeding Frits van
Specialized and Deda Sign Licensing Agreement
Premiere Italian tubing maker Dedacciai will license patented Specialized Zertz™ viscoeleastic vibration damping technology. Deda will use the proprietary technology under the DAVS (Deda Anti-Vibration System) name in its top-of-the-line carbon and alumin
Dagger Sponsors ‘Girls at Play’ Program
Dagger has signed on for sponsorship of “Girls at Play”, a national series of kayaking clinics for women taking place this spring and summer, led by Anna Levesque, a member of Team D, Dagger Kayak's professional team. Designed to bring more women int
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