Author: SGB Media

Timberland reported 2002 year-end and Q4 sales and earnings last week, handily beating analyst’s estimates and sending TBL shares up 11.8% for the week to close at $34.59 on Friday…

Gildan Activewear Inc. reported net earnings of $5.8 million for the fiscal Q1 ended December 29, 2002, up 107% from $2.8 million in fiscal Q1 2002. EPS doubled to 20 cents. Analyst estimates were 16 cents per share…

The Hockey Company reported late Friday that the company has terminated discussions with Benetton Group SpA regarding THC’s acquisition of Rollerblade…

Merrell is now Wolverine’s leading profit-producing brand, growing over sevenfold since WWW acquired the brand five years ago…

Brown Shoe raised its Fiscal 2002 guidance to $2.48 to $2.50 EPS, up from its previous estimates of $2.35 to $2.40 EPS. The increased guidance is a result of better-than-anticipated January margins, higher wholesale shipments, and the completion of sever

Flat demand for tennis, golf and team sports equipment, fierce competition in golf equipment and weakening demand for winter sports equipment due to poor early season snow conditions in many key markets leaves the prospects for 2003 clouded in uncertainty

Boosted by sales of its new Great Big Bertha II driver and the strength of its putter and glove businesses, Callaway posted a narrower fourth quarter net loss with revenues jumping 16.2% to $122.5 million…

SmartWool reported that the company’s controlling shareholder, RAF Industries, in late January acquired the remaining minority interest of company founders, Peter and Patty Duke. RAF has been invested with SmartWool since 1995 and has held majority inter

Based on the number of press releases Oakley sent out this past week, we would not be surprised by a less than stellar year-end and Q4 report to be released mid-week…

Footstar saw shares close lower for the week, erasing a strong mid-week gain on news that it will expand distribution of its Thom McAn product to up to 1,500 Wal-Mart stores. The move was initially seen as a boon to the retailer that has been hit hard in

The outdoor brand founded on the basic principle of reacting to the needs of the consumer announced the second-largest round of layoffs in its 91-year history…

The Warnaco Group Inc., the parent of industry brands Speedo and Authentic Fitness, emerged from Chapter 11 bankruptcy Tuesday as scheduled. The company said it closed on a $275 million exit financing facility in connection with its bankruptcy emergence

Preliminary reports for Puma AG indicate that the company saw consolidated sales jump 52.1% on a currency-neutral basis to $983.9 million (€909.8 million) from $646.8 million (€598.1 million) last year. Currency-adjusted sales increased by a healthy 54.8

California-based Mr. Rags Acquisition Inc. has filed for Chapter 11 bankruptcy protection. A private investment firm bought the 114 store teen retailer last spring from Claire’s Stores…