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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
Ski Trab to Distribute in US Via Wasatch
Ski Trab will start distributing skis in the U.S. next season through Wasatch Ski Distribution LLC of Salt Lake City, Utah…
Brown Shoe Appoints SVP-Corporate Real Estate
Brown Shoe Company, Inc. announced the appointment of David G. Krueger to SVP-corporate real estate. In his new role, Krueger will grow and manage Brown Shoe’s real estate portfolio of more than 1,300 retail locations throughout the United States, Canada,
Gramicci Has Back Office and Sales Team Reorganized
Sole Assets Holdings, LLC, a Buxbaum Group affiliate that currently owns the Gramicci brand, has restructured Gramicci’s back office and all of its operations under the guidance of Arnold Rubenstein, the company's operations manager. Notably, Rubenst
The Sportsman’s Guide Will Again Beat Guidance…
For the fourth quarter in a row, The Sportsman's Guide, Inc. has raised its guidance from previous estimates. Net sales for the quarter ended September 30 are now expected to be in the range of $61 million to $62 million, compared with net sales of
Escalade Sports Takes Hit from Decline in Sears Biz…
Escalade Inc. saw lower sales volumes for both of its business segment in the third quarter ended October 1, but the traditionally strong period for the Sporting Goods segment took a big hit as the company’s largest customer discontinued the sale of a key
10-K Notes: Stride Rite Q3 Details; Shuffling the Deck on the Saucony Management Team…
The Stride Rite Corporation filed its form 10-Q for the fiscal third quarter ended September 3, providing more sales and earnings detail for the individual brands and businesses under the corporate umbrella. As indicated in the preliminary release of Q3
Russell Corp. Stands Behind Chairman in Extended Deal…
Russell Corporation has extended the employment contract of chairman and CEO Jack Ward through at least March 2009. Mr. Ward will receive an annual base salary of $850,000, subject to annual review and potential increase, and also will be eligible to rec
Orange 21 Lowers Guidance; Acquires Manufacturer…
Orange 21 will purchase its Italian manufacturer, LEM S.r.l., subject to certain closing requirements. The purchase, several lawsuits, and a reduction in second half sales, have caused the company to restate guidance to the lower end of its previous estim
Timberland CIO, Brigham, Departs
The Timberland Co. confirmed that its CIO, Steve Brigham, will be leaving the company. His departure will be effective on October 31, 2005. Brigham succeeded Yusef Akyuz, who left Timberland in November 2000 to become CIO at The Stride Rite Corp. in Lexi