Outdoor Industry Association questioned the Bush Administration's sharp downward revision of recreation's role in the U.S. Forest Service's contribution to the U.S. economy. But OIA said the bottom line is that even the new, unrealistically
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Delta has Tough Q4; Strong Year; Acquires Junkfood Clothing
Delta Apparel, Inc. reported net sales for the three months ended July 2, 2005, were down 9.1% to $66.3 million from $72.9 million last year. Net income for the quarter was $3.2 million, a 40.7% drop from $5.4 million in Q4 last year. For the fiscal year,
Sara Lee Apparel Names CFO
Sara Lee Branded Apparel Americas/Asia appointed E. Lee Wyatt Jr. to the position of chief financial officer. In assuming the CFO position, Wyatt will be responsible for many of the new roles that Sara Lee Branded Apparel Americas/Asia will be required to
Vibram Awarded CDTA Corporate Award
Vibram has been named as the 2005 Corporate Award recipient by the Continental Divide Trail Alliance (CDTA). The award was presented during the Outdoor Retailer Summer Market in Salt Lake City, Utah, and officially changes hands from past winner, Vasque,
Initial Second Quarter Retail Results Send Industry Stocks Lower…
As the first wave of second quarter reports started to come in for the sporting goods and athletic specialty retail sectors last week, the sluggish nature of the sales gains put just enough doubt in the minds of investors to send all industry stock indice
The Sports Authority Cuts Promotional Position, Boosting Q2 GM and Net Income…
The Sports Authority saw shares rise for the week after providing some goods news in the bottom line results. The gain in net income was due in large part to a shift away from BOGO sales and other promotional vehicles that may have limited top-line growt
Dick’s Takes a Hit from Galyans Stores Performance Shortfall…
Dick's Sporting Goods shares took a beating for the week after the retailer had to admit that they may have over-estimated the performance at the acquired Galyans stores that were all converted to the Dick’s Sports Goods nameplate this spring. Manag
Gander Mountain Q2 Loss Widens on Comp Sales Decline; Cuts Guidance…
Gander Mountain was fending off some very inquisitive analyst and investors during its second quarter conference call after reporting lower than expected earnings results and cutting its full-year sales guidance. Comps in the camping and fishing departmen
Foot Locker Sees Europe Slice into Nike Marquee Upside in the U.S…
Foot Locker, Inc. lost almost all of the benefits from increased Nike marquee product in the U.S. in the fiscal second quarter ended July 30 as the Europe business continues to trend lower. The region is still generating double-digit operating margins, b
Double-Digit Comp Gain Triples Zumiez’ Q2 Bottom Line…
Zumiez first analyst conference call as a public company displayed the company’s ability to ride the fine line between impressing Wall Street and at the same time maintaining a core image that appeals to the retailer’s teen surf & skate audience. Twenty o
The Walking Company Gets Healthier in the Dog House…
The Walking Company, which is now a division of Big Dog Holdings, Inc., saw second quarter revenues increase 19.8% to $21.5 million from $17.9 million in the year-ago period, thanks in large part to an 18.3% increase in comparable store sales. TWC also s
Mossimo Doesn’t Want His Company Back That Badly…
Mossimo Giannulli, founder, chairman, and co-CEO of Mossimo, Inc., has withdrawn his proposal to acquire all outstanding shares of the company not owned by him for $4.00 per share, essentially taking the company private again. Giannulli said that, while h
Riddell Bell Sees Double Digit Organic Growth in Second Quarter…
Riddell Bell Holdings second quarter net sales increased 208.0% over last year, primarily due to the acquisition of Bell Sports, posting revenues of $103.8 million in the quarter ended July 2, compared to $33.7 million in Q2 last year for just the Riddell
TPS Hockey Moves North of the Border…
TPS Hockey and its parent company, Hillerich & Bradsby Co., owner of the Louisville Slugger brand, have signed a Letter of Intent to sell majority interest in their global hockey operation to TPS Sports Group Inc., a Canadian company lead by industry vete
Sport Supply Group Has Rough Q2 on Calendar Shift, Government Orders…
Sport Supply Group, Inc. had a pretty rough go of things in the second quarter as a decline in sales brought on by a calendar shift and the inability to anniversary a government order cut net income in half. Revenues for Q2 declined 7.5% to $23.2 million