Wolverine World Wide Inc. Chairman and CEO Tim O’Donavan said that Merrell and the Outdoor Group continue to be the company’s most significant growth driver, but also indicated that three of the company’s four major marketing groups contributed to the con
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Skechers Ups Q4 Guidance…
Skechers USA expects to exceed a billion dollars in sales in 2005 on stronger-than-expected fourth quarter sales. SKX has raised its guidance for the quarter and the year ended December 31, now estimating diluted earnings per share to be in the range of
Under Armour Sees More Balance Across Genders; Outlook Disappoints Street…
Under Armour, Inc. Founder, President, and CEO Kevin Plank sounded like an old pro in his inaugural quarterly conference call with investors and analysts last week, but the company’s outlook for 2006 may have been the catalyst that saw investors pull back
K-Swiss Gets Europe Help to Offset the Classic Downturn in Domestic Market…
K-Swiss Inc. saw its reliance on its classics positioning take a bite out of its U.S. business in the fourth quarter, but the top-line came in slightly above the company’s guidance thanks to continued strength in the international business and better-than
SGMA Board Sees New Faces; Leadership Shifts…
During the recent and final Super Show, the SGMA made several changes to its Board of Directors. Richard Bourne, the COO & president of Asics America, Paul Ehrlich, the general counsel at adidas America, and Chris Considine, the president of Wilson Sport
December Weak at Golf Courses Across the Country…
The National Golf Federation reported that same-store rounds played in the U.S. were down 8.1% for December 2005 versus the same month last year. The estimate is based on data from operators at 1,573 golf facilities. The decrease for the month was enough
Outdoor Coalition Again Drives VF Corp. Gains…
VF Corporation continued to capitalize on the success of its Outdoor Coalition during the 2005 fourth quarter, with total revenues climbing 23% to $343.9 million compared to $279.9 million last year. The division was driven by growth across nearly all ODC
Sport Chalet Sales Increase on Difficult Comparison…
After experiencing a very strong snow season in California last year and reporting one of its most successful winter seasons ever, Sport Chalet was able to maintain some slight growth against some very difficult comparisons. The company reported a 3.7% sa
LaCrosse Quarterly Sales Increase Can’t Boost Year…
LaCrosse Footwear Inc. reported consolidated net sales of $29.7 million for the fourth quarter of 2005, up 3.8% from $28.7 million in the fourth quarter of 2004. Sales in 2004 included General Services Administration (GSA) delivery orders for uniform boo
adidas Chief Sees Performance Opportunity for Reebok Brand…
Speaking via satellite video at the first global investor conference at the WSA show, adidas Group Chairman and CEO Herbert Hainer said he felt Reebok could be positioned as more of a performance brand than it has recently. He was responding to questions
Fitness Equipment Leads Amer to Strong Q4…
Amer Sports reported that fourth quarter net sales increased 114% to €558.5 million ($664 mm) from €261.0 million ($339 mm) in the year-ago quarter. The Salomon acquisition contributed €255.2 million ($304 mm) to the quarter’s top-line, a 0.8% increase ov
Riddell Bell / Easton Deal Forms $600 MM Company…
Riddell Bell Holdings has entered into an agreement to acquire 100% of the outstanding capital stock of Easton Sports, Inc. from JAS D. Easton, Inc., the current owners, for $385 million in cash. At the time of the closing of the transaction, JAS will pur
Footstar Facing SEC Civil Action…
Footstar, Inc. received a Wells notice from the SEC in connection with the Commission's outstanding enforcement proceedings into the facts and circumstances that gave rise to the company's restatement of financial results from 1997 through 2002.
Timberland Q4 Sales Inch-Up; Sees Slower 2006…
The Timberland Company saw modest sales increases during the fourth quarter of 2005 driven by gains in the U.S., Europe, and Asia while apparel and accessories were the strongest categories. The company is well on its way towards completing its Caribbean
Litigation Charges Put the Hurt on Cybex Bottom Line…
Cybex International, Inc. posted double-digit sales increases for the fourth quarter and the full-year, but saw litigation charges hurt what would have otherwise been strong bottom-line gains.
Net sales for the fourth quarter were $36.0 million, compare
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