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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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.
Collegiate Pacific Q3 Boosted by Acquisitions
Collegiate Pacific Inc. saw fiscal third quarter net sales increase 120% to $59.4 million from $27.0 million for the same period last year. The more than double sales increase was attributed to acquisitions and double-digit organic sales growth. Gross ma
SIA: 05/06 Snow Sports Sales Increase 4%
Overall sales for the entire winter sport market (including specialty and chain stores), were up 4% in dollars to $2.3 billion for the August 2005 through March 2006 period,
compared to $2.2 billion reported last year, according to the SIA Retail Audit. U
SIA: 05/06 Chain Sports Sales Up 6%
Overall sales for the entire winter sport market (including specialty and chain stores), were up 4% in dollars to $2.3 billion for the August 2005 through March 2006 period,
compared to $2.2 billion reported last year, according to the SIA Retail Audit. U
Orange 21 Q1 Sales Up; Net Loss Falls
Orange 21 Inc. saw net sales for the first quarter of 2006 increase 11% to $9.4 million from $8.5 million last year. The company reported a net loss for the quarter of approximately $1.7 million, or 21 cents loss per diluted share compared to a net loss o
adidas Group Provides Nice Surprise for Q1…
Analysts were ecstatic about the surprisingly positive first quarter turned in by the adidas Group that reflected strength in both the Brand adidas and TaylorMade-adidas Golf segments. While currency-neutral revenues jumped 40% when including two months
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