While the full-line sporting goods chains are reporting solid quarters, the Hunt/Fish retailers were impacted by the heavy hurricane season during the third quarter of 2005. At the end of October, Cabela’s reported slower sales due to “the CNN effect” fo
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Hurricanes Hit Gander Mountain’s Bottom Line…
While the full-line sporting goods chains are reporting solid quarters, the Hunt/Fish retailers were impacted by the heavy hurricane season during the third quarter of 2005. At the end of October, Cabela’s reported slower sales due to “the CNN effect” fo
Dick’s SG Finds the Right Formula for the Galyan’s Doors and Outdoor Business…
Dick's Sporting Goods reported its second full quarter since it completed the conversion of the acquired Galyan’s stores to the Dick's Sporting Goods format, and the first since it moved to support those stores with the marketing spend generally
As TSA Gets its Operational House in Order in Q3…
The Sports Authority, Inc. swung to a net profit in the fiscal third quarter ended October 29, but also saw a sharp jump in net income when excluding integration costs of merging the TSA and Gart businesses in the year-ago period. The retailer appears to
Under Armour Posts Biggest U.S. IPO Debut in Five Years…
Under Armour hit the public markets running last week, closing up nearly 95% in its first day on the Nasdaq exchange. UARM shares, which were initially priced at $7.50 to $9.50 per share and then raised to a range of $10 to $12 early last week, opened at
FESI Battles EU Anti-Dumping Measures…
The Federation of the European Sporting Goods Industry is fighting anti-dumping measures under consideration by European trade commissioner, Peter Mandelson, which could severely limit footwear imports from China and Vietnam. FESI is making arguments simi
Coleman Rolls Out New Sales Structure…
The Coleman Company is launching initiatives to strengthen its mass store sales organization, while refocusing the sales force mandate to better support its enhanced specialty store sales initiatives. Under the new structure, the mass retail effort will b
Foot Locker Still Sees Europe Drain; U.S. Pleases…
Foot Locker, Inc. looked to strong growth in the Champs and Footaction businesses in the U.S. and hints of a turnaround in the Europe business as positive long-term indicators for the company. But a decline in gross margins attributed to a promotional st
Shoe Carnival Continues to Grab Women’s Business…
Shoe Carnival, Inc. posted its highest quarterly earnings in its history in the fiscal third quarter ended October 29, thanks in large part to a whopping 21.2% comparable store increase in the month of October that lifted the quarterly top-line and increa
ICON Picks Up Jury Award Over Bowflex Claims…
A jury found in favor of ICON Health and Fitness in a court battle against Nautilus that has been on-going since August 2002. The unanimous verdict finds that Nautilus engaged in false advertising when it made three separate statements regarding its Bowfl
Riddell Bell Sees Strong Q3; Builds War Chest to Build Portfolio…
Riddell Bell Holdings relied on acquisitions to fuel the majority of its fiscal third quarter growth, but also managed to drive strong organic growth in both of its divisions. While reported sales more than doubled during the quarter because of these acqu
Collegiate Pacific Sees Acquisitions, Organic Growth More Than Double Q3 Sales…
Collegiate Pacific Inc. reported its results for the first fiscal quarter of 2006 ended September 30, 2005 with sales increasing 124.7% to $65.3 million from $27.7 million during the same period last year. The huge gain comes largely on the heels of the
Zumiez Shows Benefits of Balanced Growth and Monthly Consistency…
Zumiez Inc. strung together three consecutive months of strong comparable store sales gains during the third quarter to average out to a 9.8% overall comp sales increase on top of a 9.0% gain in the year-ago quarter. Management was predictably excited ab
New Stores, Comp Gains Help Golfsmith Q3 Sales…
Golfsmith International saw the addition of six new stores and a weak Q3 last year, combine to create a 15.7% jump in sales revenues for the third quarter of 2005. These revenue gains trickled down to more than double the company’s net income, though off
Orange 21 Hits Q3 Sales Target; Misses Earnings…
Orange 21 Inc.'s net sales for the third quarter climbed 8.4% to $10.8 million compared to $10.0 million in 2004, but net income for the quarter fell to $192,000, compared to net income of $517,000 in 2004. Earnings per diluted share were two cents c