GSI Commerce looks to have possibly turned a corner in 2006 as the company posted its first year of positive free cash flow. In all, the company saw growth in both sales and service fee revenues, but it was a provision for income taxes adding approximatel
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Collegiate Pacific Posts Less Than Stellar Q2…
Collegiate Pacific posted sales increases in the second quarter as well as improved margins and flat expenses, but was forced to lower its annual guidance as the sales gains were not quite up to expectations. According to Adam Blumenfeld, CEO, “top line g
Hibbett Forms Holding Company…
Hibbett Sporting Goods, Inc. moved itself under the command of the holding company it created named Hibbett Sports, Inc. The holding company was formed to “correct a technical error with respect to certain of the company's shares and to separate the
Cybex Q4 Sales Increase 6%, Annual Results Stronger
Cybex International, Inc. posted its eighteenth consecutive quarter of year-over-year sales growth in Q4 with sales reaching $38.2 million, up 6.1% from $36.0 million in the year-ago quarter. For the same period, net income increased 13.8% to $2.8 million
SIA: Chain Snow Sports Sales Remain Flat
According to SIA’s retail audit, conducted by Leisure Trends, overall brick & mortar sales for both specialty and chain stores were down 3% in dollars to $1.46 billion for the August through December period, compared to $1.50 billion reported last year. I
Amer Sports Continues with Salomon Integration…
Amer Sports finished its first year with Salomon under its corporate umbrella with relatively strong sales and earnings results, especially when considering the amount of integration and restructuring the company underwent over the past twelve months. How
Golf Galaxy Officially Part of Dick’s Sporting Goods…
Dick's Sporting Goods, Inc. completed its acquisition of Golf Galaxy, Inc. with each outstanding share of Golf Galaxy common stock converted into the right to receive $18.82 per share in cash, without interest…
Shoe Pavilion Net Income Drops for Q4 and Year…
Shoe Pavilion, Inc. saw fourth quarter net sales increase 38.6% to $40.8 million from $29.5 million last year. Comparable store net sales for the quarter increased 8.6%. Sales from new and relocated stores contributed $10.9 million in the quarter. Gross p
Sport-Haley Sees Red in Fiscal Second Quarter…
Sport-Haley, Inc. remains on a search for a place to sell its Top-Flite branded apparel after Wal Mart stopped carrying the brand after in September 2006. The loss of that customer hurt sales, which paired with the loss of a major order for the Ben Hogan
Chelsea FC Shrinks Annual Loss
Chelsea FC plc reduced its fiscal loss 42.9% from £140.4 million ($261.0 mm) last year to £80.2 million ($142.6 mm) this. Turnover increased 2.3% from £146.6m ($272.5 mm) to £150.0m ($266.8 mm). Merchandising increased by 44% from £7.7m ($14.3 mm) to £11.
Coleman Continues Growth Under Jarden…
Coleman’s parent company, Jarden Inc., has been quickly transforming the mass retail outdoor equipment company into a well-funded, higher margin consumer products company that happens to specialize in camping and outdoor gear. Under previous ownership, ma
Callaway Opens Doors to Investors, Clarifies Three-Year Outlook…
Callaway Golf held an investor’s conference last week to update The Street on its progress in the turnaround plan initiated late in 2005. Callaway management delved into fiscal, operational, and international matters, all in an effort to show the investm
Garmin Sees Triple-Digit Q4 Earnings Growth…
Garmin managed to nearly double the volume of GPS sales during fiscal 2006, with total revenues jumping from just over $1 billion at the end of 2005 to $1.77 billion at the end of 2006. The fourth quarter was particularly strong and accounted for 35% of t
Interbike Looks at Timing and Venue Options…
During the tenth annual Bicycle Leadership Conference, Interbike hosted a breakfast presentation titled “Guiding Our Future” in which show director Lance Camisasca shared post-Interbike survey results. The roundtable discussion that followed covered sever
SIA: December Equipment Sales Stagnate…
The warm weather retailers and vendors have been talking about finally worked its way through the food chain and showed up in SIA’s monthly retail audit. With almost no snow in the Eastern and Midwestern regions during December – the month that accounts f
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