GSI Commerce Sees 38% 2006 Sales Jump

GSI Commerce Inc. saw net revenues increase 38% for the fiscal year to $609.6 million from $440.4 million last year.
Merchandise sales increased 74% to $1.2 billion from $682.0 million. Net income increased to $53.7 million or $1.10 per diluted share from

A Fortunate Truth: Global Cooling Aids January…

The retail fourth quarter through January came in like a lamb, but went out like a lion as colder winter temperatures the last few weeks helped drive sales up for the month just as retailers looked to clear their floors of winter goods. For the retailers

Nike Inc. Steps Boldly Toward Future with 23:11 Program…

Nike Inc. held their bi-annual Investor Day entitled “The Customer Decides” in Portland last Tuesday and made a number of very important and unusual announcements to the attendees. They presented, in an uncharacteristic amount of detail, the company&#039

Sport Chalet Continues Expansion; Will Enter Utah

Sport Chalet Inc. was able to report a solid fiscal third quarter with sales, comps, and income all increasing in spite of weak snowfall in most of the western states where the chain is located. The company opened nine new locations since the third quart

LaCrosse Q4 Improves Despite Decrease in Days…

LaCrosse Footwear, Inc. saw sales improve for both its fourth quarter and full year, with even stronger gains on the bottom line. All that despite a decrease in the calendar days covered by the current period compared to the year-ago. Fourth quarter conso

OIA Supports New NPS Budget Proposal…

While much of the newly elected democratic Congress was calling President Bush’s new budget proposal, “dead on arrival,” Outdoor Industry Association expressed strong support for the increased funding for National Parks. The Administration’s proposed budg

Gander Pulls Realistic Airsoft Guns off Shelves…

Gander Mountain Company is pulling realistic replica guns from its stores in Minnesota and will sell only airsoft guns that are obviously and unmistakably toys. Gander Mountain will phase out realistic replica guns, in favor of guns that are more obviousl

Oakley 2006 Sales Jump, But Margins Hurt Net…

Oakley, Inc. finished the year with strong sales results, but felt margin pressures from the company’s initiatives in footwear and apparel, as well as markdowns related to electronics, cause a downward turn in net income. On a conference call with analys

Timberland Restructures for the Future…

In conjunction with reporting its financial performance for the fourth quarter and the year, Timberland announced the departure of the company’s COO, Ken Pucker, who had been with the company for 15 years. Beginning in the second quarter, Timberland will

Nautilus Acquires Manufacturer; Posts Record Q4…

Nautilus, Inc. finished the 2006 fiscal year with a step towards verticality as it announced plans to acquire one of its major manufacturing partners, Xiamen, China-based Land America Health and Fitness Co., Ltd. Consideration for the acquisition is appr

Asics Sees Bottom Line Outpace Q3 Sales Gains…

For the third quarter, Asics Corp. saw net sales increase 17.6% to ¥46.8 billion ($397.4 million) from ¥39.8 million ($339.8 million) last year. Gross margin for the company decreased 80 basis points to 45.1% of net sales from 45.9% during the same period