Author: SGB Media

Russell Corporation beat street earnings expectations for the seventh straight quarter last week, posting net income of $4.7 million, or 20 cents per share, compared to a loss of $6.1 million, or 19 cents per share in the year-ago quarter. Excluding char

The latest deal to snag Worth Inc., which expands the K2 stable to 16 brands, is a strong complement to the April purchase of Rawlings. Worth should benefit quickly from K2’s manufacturing capabilities, while K2 benefits from Worth’s bat-making prowess..

K-Swiss Inc. saw shares increase 5.4% for the week to close at $37.12 on Friday after the company posted second quarter net income that more than doubled from a year ago and beat the street’s consensus earnings estimate of 65 cents a share. KSWS also rai

Reebok International Ltd. last week said it will declassify its board of directors, reacting to a non-binding resolution offered at its last annual meeting. The company said its board will be declassified over three years as each director’s three-year te

LaCrosse Footwear, Inc. was able to eke out a slight profit for the second quarter compared to a loss of $3.8 million fro the year-ago period. Consolidated net sales decreased 6.9% to $18.6 million from $20.0 million in the second quarter of 2002…

After the Myanmar regime placed Nobel Laureate Aung San Suu Kyi under house arrest, the U.S. House of Representatives passed a bill to place sanctions on any imports from Myanmar, formerly known as Burma.

Saucony relied on a 500 basis point improvement in gross margin to post a 44% improvement in net income and a 40% increase in diluted EPS in the second quarter. However, the improved bottom line masked issues on the top line as sales for the quarter decr

Shares of Big 5 Sporting Goods fell 11.3% for the week to close at $13.70 on Friday after the retailer fell short of Wall Street expectations for the second quarter. Big 5 posted EPS of 28 cents a share for the second quarter, 2 cents lower than analysts

The Motley Fool, an Web-based investor site, is now calling The Sportsman's Guide a “lean, mean moneymaking machine” after the company posted its latest positive results for the second quarter ended June 30th, beating the street estimates by 2 cents

The Nautilus Group may have just been thrown a much-needed life preserver as it continues its downward spiral amid higher ad costs and stiff competition. A U.S. District Court in Washington State last week ruled in favor of the maker of the Bowflex machi

Callaway has settled with another group of defendants in the “Big Easy” knock-off scam. The action came as the result of a court-ordered seizure of the suspected product from Newport Golf in Anaheim, CA in May 2002 that netted 28,000 knockoff club heads

Schoeller Textiles has changed the name of its ComforTemp; Chip Coe added “President” to his Smartwool title; Dahon bicycles sold a record number of folding bicycles so far this year; Tender Corporation and Adventure Medical Kits have gone one step beyond

Luxottica Group announced its final offer to purchase OPSM Group. The offer price of A$3.90 per OPSM Group share is final and will not be increased. The closing date for the offer will be extended by one week and is now scheduled to expire at 7:00 p.m. (S

The Finish Line announced that John Dickkut, Al Goizueta, Mark Kirby, and Mark Lallathin have been named Regional Vice Presidents…