Cabela’s second quarter was bolstered by strong sales from the addition of four new locations and healthy single-digit growth in the company’s consumer direct business. While comparable store sales slipped slightly, about one percentage point of the decl
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Nautilus Sees Q2 Sales Slower than Expected…
Nautilus experienced softer-than-expected consumer demand that made Q2 sound like a bit of a roller coaster ride for management. Company Chairman & CEO Gregg Hammann said, “There were days where it looked like we were going to have an unbelievable quarter
Cybex Bottom Line Benefits from Valuation Reserve Reduction…
Cybex International, Inc. reported net sales for the second quarter of $30.0 million, an increase of 10.1% when compared to the $27.2 million posted in the same period last year. Gross margin increased 80 basis points to 86.3% of sales from 85.5% last yea
InSport Doubles Military Sales with U.S. Marines Contract…
InSport Int’l received a $2 million contract to provide advanced base layer garments to the U.S. Marine Corps. Under the terms of the contract, InSport will produce two base layer products specifically designed to meet the unique needs of Marines in physi
Sport Chalet Sees Late Winter Boost Q1 Sales…
Sport Chalet, Inc. started their 2007 fiscal year with a bang, posting a double-digit sales increase in the first quarter ended July 2. SPCH said the gain was due to unusually late snowfall in local resorts, which drove demand for winter related items ea
Obituary: Bill Meistrell
Bill Meistrell was a pioneering waterman and lifeguard whose inventions, talents, and exploits helped transform surfing and diving into worldwide phenomena and billion-dollar industries. He died from Parkinson's disease on Tuesday, July 26th at his
Sporting Goods Sales Detract from Everlast’s Q2 Revenues…
Everlast Worldwide Inc.’s second quarter net revenues were down 4.9% to $9.8 million from $10.3 million in the same period in 2005. Net licensing revenues for the quarter increased 3.4% to $3.0 million from $2.9 million last year. Revenues from sporting g
Berkshire Hathaway Completes Russell Corp. Deal…
At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri
Garmin Continues Upward Momentum in Q2…
Garmin continues its sharp growth curve, riding on the popularity of personal navigation devices and outdoor/fitness GPS devices. The company grew sales during the second quarter by 64% to $432.5 million. 1,281,000 units were sold in the second quarter of
Nikwax Sees Upside in North America
Nikwax N.A. saw a Canadian sales increase of 18% during the first half of 2006 over the same period of 2005 and a 22% increase in the United States market for the first two quarters. Nikwax aftercare waterproofing products have continued to face increasin
Easton-Bell Takes Bike Business In-House
Easton-Bell Sports and Veltec Sports, Inc. have decided to end their distribution agreement and sales representatives of Easton-Bell Sports will take over Easton distribution effective September 1st. Veltec will continue selling Easton wheels and componen
Zumiez Posts Strong July Comps
Zumiez Inc. total net sales for the month increased 44.6% to $19.8 million from $13.7 million last year. The company's comparable store sales increased 8.4% for the four-week period on top of a 12.7% jump during last year’s month.
Comps were 12.4%,
Pacific Cycle Sees Inventory Reduction at Retail Impact Bottom Line; Looks Beyond Bikes…
Dorel’s recreational and leisure segment, which is made up almost entirely of Pacific Cycle, parent company to the Schwinn, Mongoose, and GT brands, saw a tough second quarter as mass merchant customers looked to reduce inventories and an excess Stingray
Riboud Resigns from Quik Board
According to a filing with the SEC, Franck Riboud has resigned from his position as a director of Quiksilver, Inc. The company expects that Mr. Riboud will continue to work with them on an advisory basis…
Cybex Names Ahearn as Treasurer and CAO
Cybex International, Inc. appointed James M. Ahearn as Treasurer and Chief Accounting Officer. Mr. Ahearn, 56, has been employed by Cybex for more than five years. He has served as Cybex’s Treasurer since 2003, prior to which Mr. Ahearn served as Cybex’s
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