The benefits that Head sees from reporting in U.S. Dollars wasn’t enough to save them in the first quarter as the company struggles with the impact of weather on their Winter Sports business and a weaker tennis market and weather conspired to impact a Rac
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Speedo Brand Sales Decline Drags Down Warnaco Q1 Swim Results…
Warnaco reported that its Swimwear Group, which includes Speedo, Ocean Pacificm and a number of designer brands, held back total company consolidated growth for the first quarter as sales in the division rose just 1.4% for the period to $157.4 million, co
Roger Talermo Provides More Insight into the Amer Sports Salomon Acquistition…
When Roger Talermo joined Amer Group ten years ago he had a very clear and ambitious goal in mind for the company. He wanted it to become the largest sports equipment manufacturer, period. Shortly before Mr. Talermo took the helm as chairman and CEO, the
Pacific Sunwear Q1 Growth Stymied by Weather, Shift in Trends…
Pacific Sunwear saw some key categories at its PacSun stores go negative or slow down in April, impacting same-store and total sales for the first quarter, while the company continues to chase the trends at both of its nameplates as fashion trends shift a
Quiksilver Hawking at Kohl’s…
Kohl's Corp. and Quiksilver, Inc. jointly announced the signing of a license agreement under which Quiksilver would grant exclusive rights to the Tony Hawk clothing brand to Kohl's. The license encompasses a range of apparel and related products
The Buckle Sees Q1 Profits Jump 46%…
The Buckle, Inc. reported that net sales for the first quarter ended April 30 increased 11.4% to $105.5 million. Comp store net sales were up 6.4% for the quarter, on top of an 11.6% increase in last year’s quarter. Net income for the quarter jumped 46.4%
Adams Golf Sees Q1 Decline in Fairway Woods Overshadow Driver Gains…
Adams Golf would have seen flat operating income in the first quarter without a $965,000 reimbursement from its insurance company related to the embezzlement of $970,000 by a former employee. The loss had been expensed in the years when the activity occu
NGF: Rounds Played Down for March…
Same-store rounds played in the U.S. fell 10.8% in March 2005 vs. March 2004, according to data provided to NGF by golf course operators around the country. The resulting year-to-date figure is 5.2% lower than the same period last year. In the Sunbelt, w
Sport Supply Group Gets Q4 Lift; Swings to Profit for Year…
Sport Supply Group, Inc. reported its fourth consecutive quarter of significantly improved operating results, with revenue for the fiscal fourth quarter ended March 31, 2005 increasing 12.8% to $27.4 million from $24.2 million in the year-ago period. SSG
Johnson Outdoors Shows Mixed Results in Fiscal Q2; Watercraft Improves…
The predicted slowdown in military tent sales became a reality at Johnson Outdoors during their fiscal second quarter ended April 1, but the softness in the category was offset by sales growth in the Marine Electronics division, driven by the acquisition
Pacific Cycle Up 30% in First Quarter, But is Sting-Ray Effect Waning…
Dorel continues to outperform Wall Street’s expectations for both sales and earnings with much of the top line growth coming from the acquired Pacific Cycle, which makes up Dorel’s Recreation and Leisure Division. Total company sales for the first quarte
SIA: Chain Stores End Season Outpacing Specialty Stores in SnowSports Sales…
SIA’s season-end Retail Audit is reporting that sales for the entire SnowSports retail market climbed 1.9% to $2.25 billion for the August 2004 through March 2005 season versus $2.20 billion in sales last season. Unit sales were down 7.8%, but higher ASP’
Consolidation Strikes Again in the Paddlesports Market…
In a move that is sure to change the face of the paddlesports industry once again, Confluence Holdings last week acquired one of their largest competitors, WaterMark Paddlesports. Rumors about a pending merger deal had been floating around the industry f
Orange 21 Sees Sales Jump 32%, But Income Still Red
Orange 21 Inc. announced net sales for the first quarter ended March 31, 2005 were $8.5 million compared to $6.4 million in the first quarter of 2004, an increase of 32%. The net loss for the first quarter of 2005 was approximately $495,000 versus a net l
Sport Chalet Announces Effects of SEC Clarification
Sport Chalet, Inc. announced that, as a result of a clarification issued by the SEC on February 7, 2005 affecting many retail companies, the company has reviewed and corrected its lease accounting practices. The effect on the company's previously rel
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