Hardgoods sales, which make up anywhere between 45% to 55% of total revenues for most Sports Retailers, posted some pretty healthy gains in the retail first quarter through April. Both the athletic hardgoods and outdoor hardgoods areas posted sales incre
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Famous Footwear Sees Operating Profit Decline on Inventory Clean-Up and Athletic Weakness…
Famous Footwear saw its sixth straight quarter of comp store sales increases in the first quarter ended April 29, posting a 1.9% comp sales gain for the period on top of a 1.5% increase in the year-ago period, but continued efforts to clean up inventories
Crocs Ups Q2 Guidance; Insiders to Sell Off More Shares…
It was a rough ride for CROX shares last week as the company moved to quell unease over a filing by the company with the SEC last week to facilitate a further sell-off of shares by current shareholders. The company will not receive any proceeds from the
Nike Enters Intelligent Footwear Realm with iPod Partnership…
Nike, Inc. and Apple have entered into a partnership to develop what is being billed as a “training tool for runners.” The new Nike+ Air Zoom Moire, which was designed to communicate with an iPod, is the first collaboration between the two brands. The Mo
Adams Golf Sees Q1 Iron Sales More than Double…
Adams Golf rode the strength of its Irons division during the first quarter to overcome weak sales in the driver segment. However, shrinking margins caused the top-line gains to run astray before reaching the bottom-line, where the company posted a mid-s
Top-Flite and Hogan Help Sport-Haley Slim Q3 Loss…
Sport-Haley, Inc. net sales for the fiscal third quarter were $4.7 million, an increase of 5% from net sales of $4.5 million in Q3 last year.
Net sales of Ben Hogan apparel totaled $2.4 million for the quarter, up 4% from $2.3 million last year. Net sale
Golf Galaxy Points to Direct Biz as Culprit for Sales Guidance Miss…
Citing softness in its direct businesses, primarily catalog and e-commerce, and a slower start to the spring season for its retail stores, Golf Galaxy, Inc. warned the street that it would not achieve the guidance it had previously set.
GGXY shares were
Genesco Posts Solid Q1 Profit Gain Despite Weak Comps in the Mall…
Genesco would appear to be the one location in the mall that would see the most upside from the shift from athletic silhouettes to more fashion athletic product. After all, they owned the low profile, or fusion, category long before the other mall guys g
Deckers Looks to Former Keen Team…
Jim Van Dine, former president of Keen Footwear, and Van Dine and Partners have been contracted to collaborate with Deckers Outdoor Corp. management on a variety of projects, from strategic planning and brand development, to operational effectiveness. Va
Easton-Bell Offers More Detail on First Quarter…
The newly formed Easton-Bell Sports hosted a slightly delayed conference call with analysts, investors, and the media after reporting their first quarter results last week (SEW_0621). Easton CEO Tony Palma and CFO Mark Tripp offered several new details co
Clark Resigns CEO Post at Yakima…
Jim Clark resigned his position as CEO of Yakima products and the company has begun the search for a replacement. Clark will continue with the company through the middle of June to assist with transitioning his duties to Jay Wilson, Yakima’s CFO. Mr. Wil
Payless Expands Bottom-Line and ‘House of Brands’…
Payless ShoeSource, Inc. focused on back-end efficiencies in its first quarter to drive a double-digit bottom line increase off of relatively flat sales. In addition, the company took another step in its plan to build a “house of brands” by acquiring the
Sara Lee Moves Closer to Apparel Spin-Off…
Sara Lee Corporation took one step closer to finalizing the spin-off of its apparel division, which will become a separate, independent, publicly-traded company called Hanesbrands, Inc. The company hopes to realize another big win like it did with Coach,
Internet Sales Booming Across the Board…
According to Shop.org, Internet retail sales are going to pass the $200 billion mark in 2006, just three years after passing the $100 billion mark. While the largest categories, excluding travel, are expected to be computer hardware and software with $16.
Adams Golf Q1 Sales Jump 32.7% on Irons Strength
Adams Golf reported total net sales increased 32.7% to $22.3 million for the first quarter of 2006 from $16.8 million for the same period last year. Net sales of drivers decreased 52.0% to $2.4 million from $5.0 million last year. Net sales of irons incre
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