Antigua Enterprises Inc. reports net sales for the third quarter ended Sept. 30, 2005 were $12.2 million dollars, down slightly from $12.3 million posted during last year's third quarter. Net income was nearly halved at $0.3 million, down from $0.6
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Amer Sports Sees Less Impact from FX Rates…
With the close last week of its deal to acquire Salomon, Amer Sports is touting its own designation as the world’s number one sports equipment company, but now adds more footwear and apparel to its mix of business. Long focused on the hardgoods end of th
Lawsuits Hurt Cybex Bottom Line in Q3…
Cybex reported net sales for the third quarter increased 6.6% to $26.7 million from $25.0 million last year. However, a one-time, $4.1 million litigation-related charge caused the company to report a net loss of $3.5 million for Q3, or 23 cents per share,
Snow Pants Get Quota Exemption…
Late last week, OIA and SIA were both notified that the Committee for the Implementation of Textile Agreements determined that certain imports of ski and snowboard pants from China do not contribute to the market disruption. CITA based this determination
Brunswick Q3 Bowling Gains Offset Fitness Dip…
Brunswick Corp. saw net sales increase 13% to $1.43 billion for the third quarter, up from $1.27 billion a year earlier. Net income totaled $88.4 million, or 89 cents per diluted share, up 21% from $72.9 million, or 75 cents per diluted share, for the thi
K-Swiss Sees Potential for Low Profile Classics…
K-Swiss is apparently hoping to capture a little of the European magic and bring it back home to the mall next year. With Domestic sales dipping yet again in the third quarter, primarily due to weakness in the Classics LE business, the company is now tal
Deckers Offers Conservative Outlook for 2005 and 2006; Shares Take a Hit…
Deckers Outdoor Corp. was able to capitalize on its early ramp up of inventories of UGG product for the fall season, posting strong growth in earnings and sales for the third quarter, but a more conservative outlook for the fourth quarter, full year 2005
PUMA and FIFA in Settlement Over Cameroon Kit
FIFA and PUMA have reached an out-of-court settlement in their legal dispute over Cameroon's one-piece playing kit. FIFA had previously fined Cameroon for wearing the uniforms during the African Cup in 2004, ruling that all teams must wear a separate
Volcom Posts Strong Sales Gains; Tax Rate Cuts into Bottom Line Improvement…
Volcom posted another strong quarter, but an increased tax rate hurt otherwise strong gains on its bottom line. Sales were up across all segments and regions, with the exception of the Snow segment, which saw flat growth on the loss of the Galyan’s busin
Skechers Posts Another Strong Quarter, But Guidance Has Analysts Nervous…
Skechers posted its seventh consecutive quarter of net sales increases and its sixth quarter of net income gains with owned-retail comprising approximately 20% of total business, but gave guidance for the fourth quarter and full year that was below analys
Cabela’s Expansion Continues Despite Slowdown…
While the Cabela’s expansion strategy managed to boost overall sales, the company still saw a heavy impact from back-to-back Gulf Coast hurricanes and the ensuing “CNN effect” that kept consumers at home watching TV and away from retail. This effect not o
Gander Mountain Warns on Forward Results…
Gander Mountain no longer expects to meet the guidance given at the end of August when the company reported its second quarter sales and earnings. The company now expects that comparable store sales in the third quarter will decline 9% to 10% versus 2004
GSI Postpones Release of Q3 Results; Sees Wider Loss…
GSIC postponed the release of its 2005 third quarter results because the company’s internal auditor and controller in August 2005 found potential discrepancies amounting to approximately $283,000 that were recorded as part of the company's Q4 2004 re
Russell Corp. Feels Hurricane Hurt; Not as Bad as Anticipated…
After issuing warnings earlier this month that reduced the lower range of EPS guidance by two cents, excluding the anticipated 16 cents to 20 cents negative affect of recent hurricanes, the market was braced for the worse from Russell Corp. As it turned
Callaway Gets Q3 Lift on Easy Comparisons…
On the surface, the third quarter results for Callaway Golf Company appear to reflect a business that is experiencing meteoric growth after a very difficult period of integration with the acquired Top-Flite business and product launches in the woods categ
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