Brunswick Corporation has decided to lower production of marine products in the second half of 2007 due to continued weakness in retail markets in the United States and in turn has lowered annual earnings per share guidance. The company said it expects to
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Ashworth VP Finance Resigns
Greg W. Slack has resigned from Ashworth, Inc. according to a filing with the SEC. Slack, who was VP-finance, corporate controller and principal accounting officer of Ashworth, Inc., confirmed that his resignation was not a result of any material disagree
VF Corp. Sees Outdoor, Imagewear Drive Q2 Growth
VF Corporation recorded a 12% jump in second quarter revenues to a record $1.52 billion from $1.35 billion in the same period last year. Income from continuing operations in the current quarter increased 18% to a record $105.8 million, compared with $89.6
JJB Faces Tough Comparisons Against World Cup
JJB Sports plc reported that total revenue for the first half ending July 15, 2007 declined 3.9% from the same period last year, with a comparable store sales decrease of 4.1%. However, excluding revenue from replica products, which was buoyed by the Worl
Play It Again Parent Sees 20% Q2 Top Line Gain
Winmark Corporation, parent company to Play It Again Sports recorded a 20.6% increase in net revenues for the second quarter to $7.6 million from $6.3 million for the same period last year. Net income for the quarter decreased 15.9% to $547,200, or 10 cen
New Balance and MLL Raise Funds for Wounded Warrior Project
Major League Lacrosse and New Balance combined to raise $53,308 for the Wounded Warrior Project (WWP), which is dedicated to bringing comfort and support to wounded servicemen and women and their families. New Balance provided 40 limited-edition camouflag
Gramicci Expands Sales Team
Gramicci apparel has expanded its U.S. sales force with the addition of two outdoor industry veteran sales agencies covering the southeast and Great Lakes. The RoadDogs, lead by founder Paul Marsh will represent Gramicci in the southeast and Sam Powers, P
Brunswick Names VP, General Counsel
Brunswick Corporation named Lloyd C. Chatfield II as vice president, general counsel and secretary reporting to Brunswick Chairman and Chief Executive Officer Dustan E. McCoy…
Oakley Posts 29% Second Quarter Sales Jump
Oakley, Inc. saw second quarter net sales jump 29.3% to $263.2 million, from $203.6 million in the same quarter last year. Net income for the quarter rose 20.1% to $21.5 million, or 31 cents per diluted share. Second quarter U.S. net sales (wholesale and
Delta Falls Well Short of Q4 Net Income Guidance on Restructuring Charges
Delta Apparel reported that sales for its 2007 fourth fiscal quarter will be approximately $92 million. This brings sales for the full 2007 fiscal year to approximately $312 million, almost a 16% increase over the prior fiscal year. As a result of $6.9 mi
Possible Port Strike Could Wreak Havoc With Fall Deliveries
The Ports of Long Beach and Los Angeles currently face a strike that could send ripples throughout the sporting goods industry possibly causing late deliveries of fall and back-to-school product. The International Longshore and Warehouse Union has threate
NHL Teams with Reebok to Launch Flagship NYC Store
The National Hockey League (NHL) and Reebok are launching a new state-of-the-art flagship store, NHL Powered by Reebok scheduled to open in October, 2007. The store will be located in New York City at 1185 Avenue of the Americas, at the corner of 47th Str
Sports, Inc. Reports Success at Athletics Show
Sports, Inc. reports its Athletics show, recently held in St. Charles, MO, was one of the group's most successful ever. “Order volume was up over 30%,” according to Todd Adams, athletics marketing director, while 189 member locations attended. Also a
Fly Fishing Retailer Sees Retailer Registration Up 25%
With new show dates of September 16-18, 2007, FlyFishing Retailer total attendee registration is already up 25% over last year, with retail store registration numbers also boasting double-digit increases…
Callaway Golf Anticipates Strong Q2 Results
Callaway Golf Company expects net sales for the second quarter to be approximately $380 million, representing a year-over-year increase of approximately 11%. Management also estimates that based on these sales levels, earnings per diluted share will incre