Ashworth Posts 18% Revenue Jump, But Income Slides 16%

Ashworth, Inc. announced financial results for the second quarter ended April 30, 2005; a quarter in which consolidated net revenue 18% to $64.7 million compared to $54.7 million in the same quarter last year. Net income for the second quarter was $4.8 mi

Brawn Retires From Forzani Board, Walters Steps-Up

The Forzani Group announced that Mr. Robert Brawn would not seek re-election to the company's Board of Directors. His retirement will be effective at the company's Annual General and Special Meeting of Shareholders on June 8th, 2005. Paul Walter

Brown Shoe Sees Sales Up 6.4% on Famous’ 1.5% Comp Gains

Brown Shoe Company, Inc. reported a 6.4% increase in consolidated net sales to $523,283,000 for the first quarter of fiscal 2005, ended April 30, versus $491,832,000 in the year-ago period. Net earnings were $3,779,000 for the quarter, or 20 cents per dil

Shop.org: Online Sales Reach 4.6% Of Total Retail Sales

Shop.org released its annual study, The State of Retailing Online 8.0 conducted by Forrester Research, which announced that of 137 retailers surveyed, 2004 online sales rose 23.8% to $141.4 billion. Excluding travel, online retail sales also rose 23.8% to

The Sports Authority Sees Q1 Comps Inch Up 1.8%

The Sports Authority, Inc. announced results for its first fiscal quarter ended April 30, 2005, in which net income was $8.0 million, or 30 cents per diluted share compared with $4.2 million, or 16 cents per diluted share, including merger integration cos

New Gander Mountain Doors Continue to Drive Growth…

Gander Mountain fought through its seasonally-slow first quarter with its usual strategy to bolster sales – open more stores. The company opened six new stores, including one relocation, bringing the total store count to 87 at the end of the quarter. Gand

Orange 21 Keeps Q1 Losses in Check…

Orange 21 beat analyst’s expectations for the first quarter and kept the company’s net loss under control in spite of new sales and marketing initiatives in the U.S. and Europe. Historically, the first quarter has been the slowest quarter in sales for Ora

Soccer Kit Price Fixing Appeal Declined…

The BBC is reporting that the UK Office of Fair Trade’s Competition Appeal Tribunal has upheld fines against Manchester United, JJB Sports, Umbro, and Allsports for a price fixing scheme involving replica soccer kits. The tribunal reduced the fines impose

Golf Galaxy Latest Specialty Retailer to File for IPO…

Despite a quite unhealthy golf retail market that is plagued by declining rounds of play, price wars on key technology, and a strong commitment from TSA and Dick’s Sporting Goods to the golf category, the world is about to get another public golf specialt

VF Corp. Shuffles the Deck and Refines Roles…

Mackey J. McDonald, chairman and CEO of VF Corporation announced broad-based organizational changes, with a more streamlined leadership structure designed to support the company's long-term growth plans. Eric Wiseman has been promoted to executive vi

True Temper Swims Against Golf Tide…

True Temper took a note from our salmon friends, swimming against the golf industry currents as the company posted decent gains for the quarter over last year. Net sales improved 6.3% to $32.1 million from $30.2 million in the year-ago quarter. Gross ma