Skechers USA, Inc. saw the fourth quarter mark the company’s eighth consecutive quarter of year-over-year sales increases. In addition, the company’s domestic retail business saw its tenth consecutive quarter of double-digit year-over-year sales growth.
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Escalade Sports Takes Q4 Hit from Sears Decline…
Escalade, Inc.'s main priority was increasing profitability to reverse last year's decline that resulted from restructuring operations and asset write-downs. As a result, profits were up even though sales were down. ESCA net income grew to $3.1
Shoe Pavilion Rides 5.5% Comps Gain to 18.9% Sales Jump…
For the fourth quarter, Shoe Pavilion, Inc. saw comparable store sales increase 5.5% on top of a 14.7% jump last year. Net sales for the quarter increased 18.9% to $29.5 million from $24.8 million for the same period last year.
Unaudited net income incre
Head NV Sees Bottom Line Benefit from Restructuring Efforts…
Head N.V. is beginning to see the results of its multi-year restructuring efforts trickle down to the bottom line. The company has been shifting much of its manufacturing to Eastern Europe in an effort to reduce labor costs. This year, Head reduced tennis
EU Footwear Duty Changes Could Have Broad Impact…
The European Union has taken the first steps towards placing duties of up to 20% to 25% on Chinese and Vietnamese manufactured footwear because of allegations of dumping practices. The Federation of the European Sporting Goods Industry has been working to
All Regions Post Strong Result for Billabong H1…
Billabong Int’l saw sales revenues increase 16.0% to A$484.3 million ($364.3 mm) from A$417.5 million ($306.4 mm) in the prior corresponding period, while earnings per share lifted 14.2% to A38.6 cents (29 cents) per share.
In the Americas, sales were
Rebel Sport Ltd. Posts Double-Digit H1 Sales Gain…
Rebel Sport Limited’s sales revenue for the fiscal first half increased 13.5% from A$161.9 million ($121.8 mm) last year to A$183.9 million ($135.0 mm) this year. Same store sales increased 7.1%. Consolidated net profit for the first fiscal half-year was
Pacific Brands Sees Record First Half Sales…
Pacific Brands Limited posted record sales of A$834.3 million ($627.6 mm) for the fiscal first half, a 4.5% increase over the same period last year. Branded sales increased during the half by 7.0% to A$772.1 million ($580.8 mm), including results from the
Cabela’s Sees Strong Bottom Line Finish to 2005 Despite Weak Comp Store Sales Results…
Cabela’s finished the year off with a strong quarter, with revenue increasing in all three of the retailer’s channels – brick & mortar, direct, and financial services. However, the company’s destination retail stores continue to comp down and several init
Hi-Tec Continues Growth and Restructuring…
Hi-Tec Sports is implementing the next step of its five-year restructuring plan. To date, the company’s initiatives have been quite successful, with average selling prices climbing, a new U.S. based factory, considerable gains in the golf category, severa
Sport-Haley Swings to Q2 Profit Despite Sales Slip…
Sport-Haley, Inc. net sales for the fiscal second quarter declined 11% to $4.4 million from net sales of $5.0 million for the year-ago period. The decrease in net sales was primarily due to the previously reported discontinuance of Haley Reserve men'
Sport Supply Group Shuffles Board; Shifts Fiscal Year to Model Collegiate…
Sport Supply Group, Inc. changed its tax and fiscal year-end to June 30, and appointed two new independent directors. In addition, the company announced significantly improved results of operations for the fiscal second quarter and half-year ended Decemb
REI Hits $1 Billion in Sales for 2005; Comps Increase 9.6%…
Recreational Equipment, Inc. pointed to favorable weather throughout much of the country and a 10% increase in co-op active membership for an annual sales increase of 15% to $1.02 billion in 2005 from $887 million in the previous year. This is the first t
L.L. Bean Accelerates its New England Expansion Plans…
L.L.Bean plans to open retail stores in three new states in an unprecedented multi-year growth plan for the retailer. The first of several stores planned for Massachusetts will open September 2006 in Burlington, Massachusetts. A new store in Center Valley
Thule Sees Double Digit Sales Gains in 2005…
Thule bounced back from a slow first half and reported a very strong fourth quarter and full-year in 2005. The North American and European divisions both saw considerable sales increases with corresponding bottom-line gains. Full-year sales increased duri