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
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
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
Perry Ellis Sees Q1 Revenues Jump 14%, Spurring 8% Income Increase
Perry Ellis International, Inc. reported record total revenue for the first quarter ended April 30, 2005 of $225.6 million, a 14.3% increase of $28.2 million over the $197.4 million reported for the first quarter ended April 30, 2004. Net income grew to $
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
Riddell Bell Restructures; Will Shutter Chicago Presence…
Riddell Bell Holdings first quarter showed a 209.2% increase in sales due entirely to the acquisition late last year of Bell Sports. The company said that it will not attempt to give comparable results for the separated businesses, and combined results wi
Sport-Haley Reduces Fiscal Q3 Loss on Ben Hogan Strength…
Sport-Haley net sales fell 17.0% to $4.5 million in their fiscal third quarter from net sales of $5.4 million in Q3 last year. The decline was primarily due to the discontinuance of “Haley” men's fashion golf apparel from the spring ‘05 line along w
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
Golfsmith Reflects Golf Sector Weakness in First Quarter…
Golfsmith did little to give the market hope for golf specialty retail last week as the retailer posted a 2.8% decrease in total sales to $64.0 million for the fiscal first quarter ended April 3, compared to $65.8 million in the year-ago period. The net
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