The November sale of the company’s Athletic Training Equipment Company division to Wilson Team Sports has enabled Sport Supply Group to post a net gain in earnings for its fiscal third quarter ended December 26.
Author: sportsoneauthor
SIA SnowSports Retail Audit Reveals Deeper Price Deflation at Specialty…
According to the preliminary SIA Retail Audit for the first five months of the 2003/2004 winter season, total sales for the winter sports market increased by 1.5% to $1.35 billion compared to $1.33 billion in 2002. Unit sales were up 4.6%, signaling some
Patagonia Pushes for Dam Removal on Lower Snake River
As a result of a partnership between The Save Our Wild Salmon Coalition (SOS) and outdoor apparel company Patagonia, Inc., over ten-thousand emails and letters have been sent to President George W. Bush since October 30th, urging him to remove four dams o
Footstar Announces Possible Bankruptcy
Footstar, Inc. reported that it has received a waiver and extension until February 27, 2004 of the requirement to provide financial statements to the syndicate of banks, led by Fleet National Bank, that provide the Company's $345 million senior secur
Sportsman’s Guide Net Earnings Up 53.3% on 8.6% Sales Increase
The Sportsman's Guide reported results of operations for the quarter and year ended December 31, 2003 that were at the high end of the Company's most recent guidance. Sales for the quarter were $71.7 million, an increase over the $66.3 million
Phoenix Footwear Q4 Sales Up 53% with 10% Organic Growth
Phoenix Footwear Group announced consolidated results for the fourth quarter and full-year ended December 27, 2003. Net sales for the fourth quarter totaled $11.3 million versus $7.4 million for the fourth quarter of 2002, an increase of $3.9 million or
TSA Hires New Brand Strategy Firm
Watt International, a wholly-owned subsidiary of Envoy Communications Group Inc. announced that it has been selected by North America's largest sporting goods retailer, Sports Authority, Inc., as its branding and design agency of record…
Cutter and Buck Responds To Insurance Case Ruling
Cutter & Buck Inc. responded to the court's issuance of an order rejecting the company's claims against Genesis Insurance Company. Cutter & Buck had sought reinstatement of its directors' and officers' liability insurance policy, which
Oakley Breaks $500 Million Barrier; Q4 Net Income up 540%
Oakley announced Q4 and full year results ended December 31, 2003. Q4 net sales increased 18.1% to $121.6 million, compared with $102.9 million in 2002. Net income for Q4 was $3.2 million, or $0.05 per diluted share, compared with $0.5 million, or $0.01 p
Accell to Acquire Juncker B.V.
Accell Group N.V. has signed a letter of intent for the acquisition of Juncker B.V. in Veenendaal, a company which trades in bicycle parts and accessories. The acquisition is an important step for Accell Group in the Dutch bicycle parts and accessories ma
Mossimo Makes One Last Move Against Cherokee
Cherokee Inc. announced today that Mossimo, Inc. has now asked the Supreme Court of the State of California to review the unanimous decision of the California Court of Appeal, which affirmed a June 17, 2003, Judgment entered in Cherokee's favor by t
Parkdale America Tangled in Antitrust Case; Fines may Impact Unifi
Unifi has been informed by Parkdale America, a private company in which Unifi holds a 34% interest, that Parkdale participated in activities with competitors in the markets for open- end and air-jet cotton and polycotton yarns used in the manufacture of h
VF Posts Record Q4 Numbers on 6% Sales Increase
VF Corporation announced record results for the fourth quarter and record earnings for the full year. Q4 earnings from continuing operations rose 52% to $.96 per share, compared with $.63 per share in 2002. Income from continuing operations was $105.6 mil
Sport Haley Sales Up 18% in Fiscal Q2
Sport-Haley reported unaudited earnings for the fiscal quarter and six months ended December 31, 2003. Net sales for the fiscal quarter were $4.8 million, an increase of $722,000 or 18%, from net sales of $4.0 million for the same quarter in the prior fis
Fleetwood Permanently Prevented From Using Coleman TM
The Coleman Company confirmed that a Kansas District Court ruled that neither Fleetwood Enterprises, Inc., nor its subsidiary, Fleetwood Folding Trailers, Inc., have any right to use the Coleman trademark or any right to prevent The Coleman Company from u