Dick's Sporting Goods came out of the gate running for the start of the 2005 fiscal year, exceeding internal projections for net income as well as analysts’ expectations. DKS had issued guidance in March that estimated earnings in the 15 cents to 17
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Easton-Bell Weighed Down by Fees and Debt…
The newly formed Easton-Bell Sports started their first quarter with healthy top-line increases, but considerable deficits on the bottom line. Net sales for the first quarter increased 27.4% to $111.2 million from sales of $87.2 million last year. This in
Collegiate Pacific Acquisitions and Organic Boost Q3…
Collegiate Pacific Inc. posted a strong third quarter that saw sales from the company’s acquired Dixie, OTS, Kesslers, and Salkeld (or DOKS) division combine with a “12% to 13%” organic sales increase combine to boost sales 120%. The company also launche
Another Victory for Golf Vendors Fighting Counterfeits…
Following a request by the U.S. Golf Manufacturers Anti-Counterfeiting Working Group, Chinese law enforcement officials have raided four factories and three warehouses involved in the production and distribution of counterfeit golf clubs and equipment in
Margins and Sales Decreases Leave True Temper in the Red…
True Temper Sports, Inc. posted net sales for the first quarter of $31.7 million down 1.2% from $32.1 million for the same quarter last year. Gross margin decreased 350 basis points to 36.6% of net sales from 40.1% of sales last year. SG&A expenses also d
Umbro Sees U.S. Sales Slow…
At the Umbro Annual General Meeting, Peter McGuigan, CEO, said that sales for the year are in line with expectations. International Wholesale Sales and Royalty Income are anticipated to continue to grow. Asia has delivered a “particularly pleasing perfo
Golfsmith Lowers Expenses; Increases Sales…
Golfsmith International saw a strong sales result transfer down to the bottom line, where the company’s net loss was more than halved during the seasonally slow first quarter. Due to the timing of sales, a net loss in the first quarter is typical in much
Phoenix Footwear Q1 Organic Sales Up 7.3%…
Phoenix Footwear Group, Inc. net sales for the first quarter increased 52.8% to $40.3 million, compared to $26.4 million for the first quarter of 2005. Organic sales increased 7.3% in the quarter. Gross margin in the first quarter was 38.9%, a decrease o
Orange 21’s Q1 Weighed Down by New Factory…
Orange 21 first quarter earnings were heavily impacted by the integration of its recently acquired factory, LEM, in Italy. In addition sales did not meet expectation due to delayed deliveries and manufacturing issues experienced at LEM. Net sales for the
SIA Retail Audit Sees Strong Finish for Snow Sports Season…
The 2005-2006 SnowSports retail season was like many of the past few years, strong in certain parts of the country and difficult in others. However, at least this year every major ski area was able to open for business for most of the season, unlike last
Congress Passes Key Conservation Issues…
The U.S. Congress last week passed several key measures that promote conservation issues in the federal budget. The House approved amendments that will help keep wetlands and rivers clean, prevent logging in wild forests, and maintain a moratorium on offs
Outdoor U. Continues Momentum in Northeast…
The most recent Outdoor University was held at Camp Becket near Becket, MA. The event drew over 74 retail attendees from 45 stores and ten states with sales reps from 55 companies offering 400 hours of instruction. Combined with its two upcoming sister ev
Paddle Organizations Sue for Chattooga Access…
American Whitewater along with several other paddling organizations filed suit to restore public access for paddling the headwaters region of the 52-mile Wild and Scenic Chattooga River. According to reports filed on American Whitewater's website, th
USFS Launches Youth Education Program…
The Department of Agriculture Forest Service launched its new and improved Junior Forest Ranger (JFR) program by enrolling nearly 100 fifth-grade students from Denver's Ellis Elementary School into the conservation education program. The updated prog
Implus Acquires YakTrax…
Implus Footcare, LLC acquired YAKTRAX snow and ice traction devices. Total Implus revenue with the new brand is projected to approach $70 million for fiscal year 2006. Steve Couder, national sales manager for YAKTRAX, will continue to lead sales for the n