K-Swiss Inc. led all sporting goods industry gainers on Wall Street last week after reporting stronger-than-expected second quarter earnings on a still-very-sluggish domestic business. The weakness in the U.S. caused revenues to fall short of the company
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Sporting Goods Lead Top-Line Gains for GSI Commerce…
GSI Commerce Inc. saw net revenues increase 30.1% in the second quarter to $119.6 million from $91.9 million last year. Revenues from product sales totaled $94.5 million in the quarter, jumping up 27.5% from $74.2 million last year. Product sales of sport
Volcom Takes Hit on PacSun News; Guidance Okay…
Volcom, Inc. posted strong sales and earnings gains for the second quarter, but the real story was a warning that Pacific Sunwear, the company’s largest customer, was not going to be providing the same level of top-line support in the future, forcing them
Columbia’s Q2 Earnings Hurt by Margin Issues…
In spite of a double-digit increase in sales, Columbia reported a sharp decline in net income for the second quarter, largely due to lower margins and higher SG&A expenses. The decline in margins was caused by Columbia’s expanded product offering, which m
Columbia’s Q2 Earnings Hurt by Margin Issues…
In spite of a double-digit increase in sales, Columbia reported a sharp decline in net income for the second quarter, largely due to lower margins and higher SG&A expenses. The decline in margins was caused by Columbia’s expanded product offering, which m
Callaway Golf Continues to Struggle with Top-Flite Business as Base Business Shows Promise…
Callaway Golf Company said its three-year targets outlined earlier this year are still “quite alive and well” despite a number of bumps in the road so far. Top-Flite continues to be a drag on the overall numbers with the stabilization of that business pr
Hockey Strong, But Golf Falters for Aldila in Q2…
Aldila, Inc. net sales decreased 20.2% to $17.4 million for the fiscal second quarter from $21.8 million in the year-ago period. In a conference call with analysts, management said that sales of golf and related products were 25% lower than in the compar
K2 Inc. Sees Integration Upside for Q2…
K2 Inc. has been busy integrating acquisitions over the last year and a half and the results are trickling down to the bottom line through a 100 point gross margin gain to a 47.4% increase in net income. However, without any new acquisitions to integrate,
Thule Sees Strong Growth In North America…
Thule is moving ahead with its plans to double the size of the company by the end of 2007, and is actually well on its way to accomplishing this goal by the end of the current financial year, one year ahead of schedule. This would make Thule an $825 milli
Coleman Q2 Sales Climb; Looking for Acquisitions…
Jarden Corporation, the parent company to Coleman, reported strong sales and earnings growth for the second quarter of 2006. Sales increased 28% to $962 million compared to $754 million in the previous year. Martin Franklin, president and CEO of Jarden, a
Hi-Tec Sees 20% First Half Sales Increase; Inks China Deal
Hi-Tec is reporting a sales increase of 20% for the first half of the year, exceeding internal expectations for the brand. Much of the growth was driven by the company’s outdoor category, but management said that the increase was a direct result of organi
prAna Adds to Liz Claiborne Top and Bottom Line
Liz Claiborne reported better than expected earnings for the second quarter of 2006, with its newly acquired businesses, prAna and Mac & Jac – a high-end fashion apparel company, contributing $17 million in sales with $7 million in expenses for the quarte
Phoenix Predicts Profitable Q2 on 20% Organic Growth
Phoenix Footwear Group is predicting that 2006 second quarter net sales will be over $34 million, more than double the $15.4 million recorded in the second quarter of 2005. The expected increase is from both organic growth and newly acquired business unit
Rocky Sees 12.5% Q2 Sales Decline on Military Sales
Rocky Brands, Inc.’s second quarter net sales decreased 12.5% to $57.3 million compared to $65.5 million for the corresponding period a year ago. The majority of the decline was due to approximately $5.8 million of footwear sales to the military compared
LaCrosse Footwear Sees Outdoor Sales Up 5%
For the second quarter of 2006, LaCrosse Footwear, Inc. posted net sales of $21.8 million, an increase of 10% from $19.8 million for the same period last year. Net income was $1.2 million or 19 cents per diluted share in the second quarter of 2006, up 189
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