K•Swiss Inc. reported a 60.5% drop in first quarter net earnings $7.1 million from $18.0 million for the year-ago period. In diluted earnings per share terms, earnings decline to 20 cents from 51 cents last year. For the first quarter of 2008, total world
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Gildan to Miss Earlier Q2 Guidance
Gildan Activewear Inc. expects to report adjusted diluted EPS of approximately 35 cents for its second quarter ended March 30, 2008, up 13% from last year, but down from early guidance. The company had previously projected EPS of approximately 42 cents fo
Sport Supply Group Reports 4.1% Q3 Sales Growth
Sport Supply Group, Inc. reported net sales increased 4.1% to $65.8 million for the fiscal third quarter ending March 31, 2008. Gross margin increased 50 basis points to 36.6% of net sales for the quarter, which helped boost net income 94% to $3.4 million
The SportsOneSource Group Expands Research Capabilities
The SportsOneSource Group has expanded its market research capabilities through the addition of survey and panel data analysis reporting. The new group, led by a new manager of market research analysis, broadens the product and service offerings for the
Johnson Outdoors Posts Q2 Net Earnings Drop
Johnson Outdoors Inc. reported a slight dip in fiscal second quarter net sales to $121.8 million from $122.0 million for the prior year second quarter. Earnings from continuing operations dropped 61.9% to $0.8 million, or 9 cents per diluted share, from e
Pukka Headwear Acquires seven7under headwear
Pukka Headwear has acquire seven7under headwear from John Bond. As a part of the acquisition, Pukka has added Mr. Bond as VP of sales. A twenty two-year headwear industry veteran, Bond most recently spent seven years as the president Imperial Headwear. Pl
Skechers Posts 11.6% Q1 Net Sales Jump
Skechers USA, Inc. recorded an 11.6% increase in net sales for the first quarter to $384.9 million from $344.9 million for the same period in 2007. Net earnings for the quarter were a record $32.8 million versus net earnings of $23.9 million for the first
Singtex to Build bluesign-Compliant Facility
Singtex Industrial Co., LTD, Taiwan has signed a contract to perform bluesign screening within its new dyeing and finishing facility with bluesign technologies ag. Singtex will rely on the bluesign standard in managing all environment, health and safety i
Native Partners with Recreational Boating and Fishing Foundation
Native Eyewear has entered a partnership with the Recreational Boating and Fishing Foundation to help promote the Anglers Legacy “Take the Pledge” program. This program asks avid anglers to take at least one new person fishing each year and share their p
NRF: Mother’s Day Spending to Fall Short of 2007
Mother’s Day might not be as rosy for mom this year, with consumers planning on scaling back on the quantity of gifts they buy for the holiday. According to NRF’s 2008 Mother’s Day Consumer Intentions and Actions Survey, conducted by BIGresearch, consumer
Callaway Expects Q1 Sales to Rise 9.4%
Callaway Golf Company expects to report first quarter net sales of approximately $366 million, increasing 9.4% from $334.6 million last year. In addition, the company expects net earnings to increase approximately 25% to a range of 59 cents to 61 cents pe
Wolverine Posts 2.6% First Quarter Revenue Increase
Wolverine World Wide, Inc. reported revenue totaled $288.2 million for the first quarter of 2008, a 2.6% increase over first quarter 2007 revenue of $281.1 million. Gross margin as a percentage of net sales increased 160 basis points to 42.2% from 40.6% f
Crocs Stock Plummets on New Estimates
Shares of Crocs' stock slid more Wednesday, falling below $10 after yesterday's Tuesday's news that it lowered its first quarter revenue guidance to $195 million to $200 million and said it expected to break even or lose up to 5 cents per d
Phoenix Footwear Q4 Sales Down, But Net Loss Slims
Phoenix Footwear Group, Inc. reported a 3.2% decrease in net sales from continuing operations for the fourht quarter to $19.4 million from $20.1 million last year. Sales of Tommy Bahama products grew by 99% for the quarter. Net loss for the quarter totale
Gander Reports 11.9% Q4 Comps Decline; Net Drops
Gander Mountain Company reported sales of $317.6 million for the quarter ended February 2, 2008, a decrease of 2.8% from $326.9 million for the prior year period. Comparable store sales decreased 11.9% in the fourth quarter. Net income for the fourth quar
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