Thule has been stringing together acquisitions quite rapidly over the past few months with several European brands folded into the portfolio, including anhaenger-center.com, Pewag Schneeketten Group, and Star Industrier. Most recently, the company signed
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Execute Sports Has Tough Q1…
Execute Sports net sales for the first quarter decreased 7% to $595,534 from $639,610 last year. The company attributed the sales decrease to the discontinuation of its motocross business line, but noted that the decrease was offset by increased sales fro
Sports Retailers See Better Softgoods Drive Sales Growth in First Quarter…
The U.S. sports retail business was a bit of a mixed bag in the first quarter as early numbers from the public companies started to come in over the last two weeks. Dick’s Sporting Goods and Big 5 Sporting Goods both posted solid comp store sales gains i
True Temper Q1 Sales Slip; Net into Red
True Temper Sports, Inc. posted net sales for the first quarter were $31.7 million down slightly from $32.1 million recorded during the first quarter of 2005. Net income for the first quarter decreased approximately $0.4 million, to a net loss of $0.2 mil
Cloudveil Launches iClinic Video Sales Clinics
Cloudveil and its Midwest rep group, Pemba Serves, debuted iClinic, an alternative to in-person rep clinics. The iClinic concept gives retailers and floor staff the opportunity to download a podcast on a specific brand or product 24/7. The potential of th
American Skiing Co. Eastern Weakness Continues
American Skiing Company reported particularly strong visitation levels for its western resorts in the winter operating season, bolstered by good skiing and riding conditions, but eastern resorts, where the company has most of its business, reported a slow
Hibbett Q1 Sales Jump 10.5% on New Store Strength
Hibbett Sporting Goods, Inc. posted a 10.5% increase in first quarter net sales to $126.9 million compared with $114.8 million. Comparable store sales decreased 0.07% in the first quarter after an increase of 8.2% last year. Net income for the first fisc
Quiksilver Extends Eddie Aikau Tournament
Quiksilver and the Aikau Family announced a 10-year joint commitment to continue The Quiksilver Big Wave Invitational, in Memory of Eddie Aikau at Waimea Bay, Hawaii, through the winter season of 2015/2016. The Quiksilver Big Wave Invitational is held eac
Cybex Prices Secondary Offering
Cybex International, Inc. priced a secondary offering of 3.5 million shares of common stock at $5.50 per share. Of the total shares being offered, 1.75 million shares will be issued by CYBEX and 1.75 million shares will be sold by the selling stockholders
Easton-Bell Q1 Sales Jump 27.4%
Easton-Bell Sports posted net sales for the first quarter of $111.2 million, a 27.4% jump from sales of $87.2 million last year. Team Sports first quarter net sales increased 67.3% to $45.7 million from $28.2 million. This increase is primarily attributab
Foot Locker Sees Weakness in Europe Slows Bottom Line Growth
Foot Locker, Inc. posted net income of $59 million for the first quarter ended April 29, 2006, up 2.1% from net income of $58 million for the year-ago period. Earnings per share reflected the net increase at 38 cents per share, up a penny from 37 cents f
All Concepts Help TJX Q1
The TJX Companies, Inc. reported a 7% net sales for the first quarter to $3.9 billion on a consolidated comparable store sales increase of 1% over last year. Net income was $164 million, and diluted earnings per share were 34 cents, a 21% increase over 28
Golf Manufacturers Continue Fight Against 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
Zumiez Acquires Fast Forward Chain
Zumiez Inc. has signed a definitive agreement to acquire Fast Forward, an action sports retailer with 19 stores and a web presence. Of the 19 stores, 16 are in Texas, with one store in California and two stores in Oklahoma. Zumiez will fund the acquisitio
Nike Loses South American Converse Contract Dispute
Nike, Inc. received a less that hoped for ruling in an arbitration case arising from a contract dispute between the company's Converse subsidiary and Alon International, S.A., a former licensee for Converse in Brazil, Argentina, Paraguay and Uruguay.
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