Vail Resorts, Inc. revealed that the SEC has issued a formal order of investigation with regard to how the resort tallies initiation fees for its private clubs…
Author: SGB Media
TNF and NFL Drive VFC…
VF Corporation reported sales in the company's Outdoor businesses rose 17% in the fourth quarter and 3% in 2002. An increase of 22% in first quality sales of The North Face brand and an 11% increase in international Outdoor sales were partially off
Snowboard Drives Strong Season…
SIA reported that chain store sales for snow sports equipment and apparel were up 2.2% to $293.9 million for the 2002 season through December, when compared to the same period of 2001. Unit sales were behind last year, tracking down 9.3%…
Hibbett, Wal-Mart, Kohl’s Continue Solid Gains…
Quick – What do Hibbett and Wal-Mart have in common other than owning small-town markets?
The two, along with Costco and Kohl’s, are the ONLY retailers in the chart on the following chart that reported positive same-store sales growth for January against
TBL Easily Beats Analyst Estimates…
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 Ups Market Share, Doubles EPS…
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…
THC Kills Rollerblade Deal…
The Hockey Company reported late Friday that the company has terminated discussions with Benetton Group SpA regarding THC’s acquisition of Rollerblade…
Merrell Paves the Way for WWW…
Merrell is now Wolverine’s leading profit-producing brand, growing over sevenfold since WWW acquired the brand five years ago…
Brown Shoe Raises 2002 Estimates…
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
Amer Downplays 2003 Prospects…
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
Callaway Uses Driver to Exit Rough…
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 Founders Sell Interest…
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
Oakley Pushes Pre-Earnings Press…
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…
A Roller Coaster Week at Footstar…
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
LL Bean: Tough Economy, Cut Jobs…
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…