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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
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
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
adidas Sponsors Boston Marathon for 20th Year
adidas celebrates its 20th year as the official footwear and apparel supplier of the Boston Marathon. In 2008, adidas continues its commitment to the marathon by playing a key role in the race and Boston Athletic Association (B.A.A.) marathon programs in
Forzani to Pull BPA Bottles From Shelves
The Forzani Group Ltd. reports that it will pull Bisphenol-A (“BPA”) bottles from its shelves, citing worries over the health risks involved with the product. Although the official report on BPA from Health Canada is not expected to be released until May,
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
New Balance Sponsors ZOOMA Race Series
New Balance has become the presenting sponsor of the 2008 ZOOMA Women's Race Series, a new national series of women's running events. New Balance will provide all 2008 ZOOMA race participants with performance apparel and will participate in the
NBA Store and NBAStore.com Expect Strongest Season Ever
The NBA Store on Fifth Avenue had its best March ever with a 46% sales increase over last year. Since the beginning of the 2007-08 season, sales are up over 17% versus last year. Online sales at NBAStore.com have also eclipsed all previous records with a
Delta Expects Q3 Loss; Misses Guidance
Delta Apparel, Inc. expects fiscal third quarter revenue to be approximately $75 million with a loss per diluted share in the range of 5 cents to 7 cents. These preliminary results compare to the company’s prior expectation of third quarter revenues betwe
Escalade Sports Sees 14% Decline in Q1 Sales
Escalade, Incorporated recorded a 13% decline in first quarter net sales, while switching to a net loss of $0.8 million compared to a gain for the same quarter last year of $1.1 million. Earnings per share for the first quarter was a loss of 7 cents compa
Gottschalks March Comps Drop 15.4%
Gottschalks Inc. same store sales for the month of March decreased 15.4% from the prior year. Total sales for the month decreased 16.6% to $49.1 million compared to $58.9 million in the same period of fiscal 2007. On a year-to-date basis, same store sales
Wal-Mart Sees March Comps Increase 1.1%
Wal-Mart Stores, Inc. reported that total company net sales increased 7.9% to 36.97 billion for the five-week fiscal March from $34.26 billion last year. Net sales at Wal-Mart Stores increased 5.0% to $23.21 billion from $22.12 billion for the year-ago mo
Buckle Same-Store Sales Jump 20.9% in March
The Buckle, Inc. saw March comps jump 20.9% over the year-ago period. Net sales for the five-week fiscal month ended April 5, 2008 increased 28.7% to $63.6 million from net sales of $49.4 million last year…
Stage Stores March Comps Drop 10.3%
Stage Stores, Inc. reported total sales for the five week March period decreased 6.6% to $141.1 million from $151.0 million for the prior year period. Comparable store sales decreased 10.3% this year versus an increase of 12.4% last year…