Amer Sports has revised its segment reporting with new business segments reporting. The new structure will be divided into Salomon, Wilson, Precor, Atomic, and Suunto. This new segment structure is in line with the Group's current organization struct
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Bowling, Billiards, and Fitness All Help Brunswick Q1…
Brunswick Corporation posted sales of $1.46 billion for the first quarter, an increase of 4.1% over sales of $1.40 billion during the year-ago quarter. Net earnings were $67.4 million, or 70 cents per diluted share, for the first quarter of 2006, down 28.
K-Swiss Looks to International for Any Positives…
K-Swiss, Inc. looked to the International business in the first quarter for any goods news as both sales and order backlog surged for the period. But the increase in revenues wasn’t enough to move the total revenue line back into positive territory as on
Deckers Ramps Up Marketing for All Brands Amid Sharp Sales and Earnings Declines…
While the Teva and UGG brands under Deckers’ umbrella experienced several quarters of consistent growth, Simple has been somewhat of a neglected stepchild. However, in the first quarter of 2006, these roles were reversed as Simple was the only brand to sh
adidas Looks to Fight Back Over Three-Stripe Ruling…
adidas is filing suit against the four tennis grand slam events and the International Tennis Federation, who oversees those majors, in an effort to overturn a ruling that would limit the size of the adidas three-stripe logo worn by sponsored athletes. Wi
Volcom Takes Another Tax Hit in First Quarter…
Volcom, Inc. again had another strong top-line quarter in Q1, but the tax man cometh again in the period and erased the benefits to the bottom line. Sales were up across all segments and channels as well as both domestically and internationally. VLCM to
Skechers Sees Sales Gain for 9th Straight Quarter…
Skechers USA, Inc. saw record sales for its first quarter, with double-digit sales growth in both the domestic retail and wholesale businesses, as well as double-digit sales growth in the international distributor channel. In fact, the only down point fo
K2 Inc. Sees Synergy Boost in Q1 to Beat Street…
K2 Inc. managed to shrug off increased raw material and labor expenses to exceed Street estimates and internal guidance for both sales and earnings during the first quarter of 2006. The Team Sports business was the primary driver with every significant se
Callaway Has Solid Q1 Earnings Gain on Flat Sales…
For the second consecutive first quarter Callaway Golf Company took a hit on its share price after pre-announcing expectations for the period. Management apparently expected a different reaction this year than last year when it pre-warned that sales and
Acushnet Benefits from Earlier Product Launches…
Fortune Brands reported that excellent reception on new high performance products from Titleist and Cobra fueled a record first quarter for its Acushnet Golf division, which also includes the FootJoy brand. Sales for the period increased 9.0% to $372.5 m
Columbia Expects Decline in 2006 Earnings Despite Double-Digit Backlog Gains…
Columbia Sportswear shares took a hit last week after the company posted a meager gain in the top-line and a decline in profits. The company offered a fairly mixed view for the year, forecasting double-digit revenue growth, but also suggesting that earni
Military Sales Hurts Rocky Shoes and Boots Q1…
Rocky Shoes & Boots, Inc. net sales for the first quarter were $57.5 million, down 6.5% from $61.5 million for the corresponding period a year ago. The decrease in sales is primarily attributable to the decline in footwear sales to the military, which wer
New Stores Hurt West Marine Bottom Line…
The hit did not come as a shock to the company as it generally takes a full boating season before a new store will positively contribute to earnings.
Net sales for the first quarter were $132.6 million, an increase of 5.8% when compared to net sales of $1
GSI Commerce Posts Strong Q1 Revenue Gains…
GSI Commerce, Inc. had a strong first quarter with revenue increases in the mid-twenties, but it was unable to translate this growth to the bottom line. At the tail-end of the quarter, the company launched its newest partner site, shopNFL.com. The new s
Cybex Back-End Efficiencies Boost Bottom-Line…
Cybex International, Inc. reported net sales for the first quarter 2006 were $28.9 million compared to $24.8 million for the corresponding 2005 period, an increase of 17%.
Gross margin increased 70 basis points to 36.5% of net sales from 35.8% in the yea
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