After entering into an agreement with an affiliate of Sun Capital to be acquired for $8.00 per share, it appears that Goody's Family Clothing has chosen a different part as the company, along with GMM Capital LLC, and Prentice Capital Management, LP,
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Everlast Signs Licensing Agreement with Spris Corp.
Everlast Worldwide Inc. announced that it has signed a licensing agreement with South Korea's Spris Corp. The agreement, which is the third signed between Everlast and Spris, calls for Spris Corp. to produce men's, women's and children'
Sara Lee CEO Elected as Chairman of Board
Sara Lee Corporation's board of directors elected current President and CEO, Brenda C. Barnes, to the position of chairman of the board. Barnes' new title is chairman and CEO. In a planned succession, she succeeds C. Steven McMillan, who has se
Cabela’s Posts 12% Q3 Sales Increase to Record Level
Cabela's Incorporated reported total revenue for the third quarter ended October 1, 2005 increased 12.0% to a record $429.8 million compared to $383.8 million for the same period last year. Third quarter net income was $16.3 million, or 25 cents per
Columbia Sees Q3 Sales Slip 1.4%; Income Down 3.1%
Columbia Sportswear announced net sales of $409.8 million for the quarter ended September 30, 2005, a decrease of 1.4% from net sales of $415.8 million for the same period last year. Net income for the third quarter was $66.5 million, a 3.1% decrease comp
Sport-Haley VP, Sales Submits Resignation
Mark Maley, VP, sales of Sport-Haley, Inc. has submitted a letter of resignation to the company. Until January 16, 2006, Mr. Maley will continue to serve as VP, sales of the company. The company has not appointed anyone to act as VP, sales after Mr. Maley
LaCrosse Amends Credit Agreement
LaCrosse Footwear, Inc. executed a First Amendment to Credit Agreement to its existing credit agreement with Wells Fargo Bank, National Association, along with a Revolving Line of Credit Note. Under the Amendment and Note, the maximum aggregate principal
Garmin Sees Q3 Revenues Increase 30%
Garmin Ltd. announced revenue for the third quarter ended September 24, 2005 increased 30% to $251.3 million from $193.6 million in the year-ago quarter. Net income increased to $102.5 million, or 94 cents diluted earnings per share, compared to $67.1 mil
Cybex Reports Q3 Sales Increase 7%; Income Falls to Red
Cybex International, Inc. reported net sales for the third quarter of 2005 were $26,690,000, compared to $25,038,000 for the corresponding 2004 period, an increase of 7%. the company reported a net loss for the third quarter 2005 of $3,535,000, or 23 cent
Rocky Sees Q3 Sales Boosted by EJ Acquisition
Rocky Shoes & Boots, Inc. announced that net sales for the three months ended September 30, 2005, increased 88.0% to a record $94.1 million from $50.1 million for the corresponding period a year ago. Net income rose to a record $6.5 million from $4.9 mill
Volcom Posts 38% Revenue Increase, Sees Taxes Hurt Bottom Line
Volcom, Inc. announced that for the third quarter ended September 30, 2005, total revenues increased 38% to $51.2 million, compared with $37.2 million in the third quarter of 2004. Gross profit as a percentage of total revenues increased to 51% for the th
Aldila Sees 79% Q3 Sales Jump Carry Income Up 15.2%
Aldila, Inc. reported net sales of $19.3 million for the third quarter ended September 30, 2005, a 79% increase from net sales of $10.8 million for last year's third quarter. The company reported net income of $3.8 million, or 68 cents per fully dilu
Nordica Partners WIth Go Fast Energy Drinks
Nordica USA and Go Fast announced their partnership for the 2005 – 2006 ski season. Go Fast will supply Nordica representatives with energy drinks to keep ski shop employees fueled for the busy selling season. Additionally, Go Fast will be supplying sampl
Wolverine Promotes Two, Adds Responsibilities to One
Wolverine World Wide, Inc. announced key promotions and organizational changes including promoting Gordon Baird to president of the Heritage Brands Group and Ted Gedra to president of the Wolverine Footwear Group. Wolverine also announced that Stephen L.
Hibbett Renews Credit Facilities
Hibbett Sporting Goods, Inc. renewed its unsecured credit facilities through November 2006 with AmSouth Bank for a maximum of $15.0 million and with Bank of America, N.A., for a maximum of $10.0 million. The credit agreements take the form of two master n