Fortune Brands reported fourth quarter and full year results, pointing to solid results in the Acushnet Golf division that they said “outperformed the market once again,” but the numbers clearly indicate that the division was a drag on overall FO performa
Author: Teresa Hartford
Teresa Hartford
Editorial & Creative Director | SGB Media
teresa@sgbonline.com | 704.651.5741
Escalade Sports Disappoints for Q4, But Helps Escalade, Inc. for Year…
Escalade, Inc. reported that fourth quarter net sales declined 14.5% to $57.6 million from $67.3 million in Q4 last year, due primarily to a shift in timing in sporting goods sales. The Escalade Sports division reported that net sales declined 19% to $37
Johnson Outdoors Closer to Privatizing; Diving and Watercraft Hurt Q1 Earnings…
JO Acquisition Corp., formed by Helen Johnson-Leipold, Chairman and CEO of Johnson Outdoors, to take Johnson Outdoors into the private sector, has filed its preliminary proxy statement with the SEC. Currently, Johnson-Leipold and the participating shareho
Cybex Returns to Profitability in 2004…
Cybex International fourth quarter net sales increased 12.1% to $29.8 million versus $26.6 million in Q4 of 2003. Gross margin fell 210 basis points during the fourth quarter to 34.5%. Net income for the quarter was $1.6 million, a 101% increase compared
Garmin 2004 Income Climbs 15% On 33% Sales Gain…
Garmin reported revenue for the fiscal year was $762.5 million, an increase of 33.1% over the $573.0 million generated last year. The Consumer segment reported revenue for the fiscal year of $591.0 million, up 31% compared to fiscal 2003. Recreation GPS
Oakley’s Fourth Quarter Income Triples on Stronger Military and ‘Thump’ Sales…
In spite of initial reports coming out of Circuit City that Oakley’s ‘Thump’ sunglass/MP-3 player was seeing slow sell through, Oakley managed to pull off a very impressive fourth quarter. Oakley Q4 net sales increased 24.5% to $153.0 million, compared wi
The Timberland Company Looks to International for 2005 Growth; Boots a Drag…
The Timberland Company pointed to double-digit constant dollar gains in Europe and Asia, coupled with balanced growth in its Domestic business and stronger global Footwear sales, as the primary drivers for a 7.2% constant dollar increase in fourth quarter
Outdoor Coalition Grabs Bigger Share of VF Corp. Business in Q4; Vans a Key Focus…
The VF Outdoor Coalition, which includes The North Face, Vans, JanSport, Eastpak, Napapijri, and Kipling, revenues for the fourth quarter jumped 86.8% to $276.5 million from $148.0 million in the year-ago period. Excluding roughly $100 million in revenue
December SnowSports Sales Slow at Specialty; Chain Stores Still Has Gains…
Warm December weather slowed foot traffic in many New England Specialty SnowSports retailers causing nationwide SnowSports Specialty retail sales to slump 5% in units and 2% in dollars during the month. For the same month, SnowSports Chain retailers saw s
Louisiana Court Rejects Bass Pro TIF…
The Louisiana State Supreme Court has ruled that Livingston Parish’s TIF bill, designed to lure Bass Pro into opening a store in the town, was unconstitutional because it used dedicated tax dollars in its funding. The court did not rule on the constitutio
Head Sees Europe and Winter Sports Take Bigger Slice of Pie in Q4, Full Year 2004…
Head N.V. needed a weaker dollar to help post any significant increase in sales revenues for the year, a benefit that the Austria-based company will soon cease to realize as it moves to de-list its shares on the NYSE. Fourth quarter net income fell nearl
Footwear Brands Point to Fashion to Stand Out…
The Outdoor Retailer Winter Market had a number of consistent messages across the show floor, but perhaps none was more prevalent than the story about the move to add more fashion to technical product. The story was heard at the last Summer Market, but e
Johnson Outdoors to Vote on Going Private; Diving and Watercraft Hurt Q1 Earnings…
JO Acquisition Corp., formed by Johnson Outdoors chairman and CEO Helen Johnson-Leipold to take the company private, has filed its preliminary proxy statement with the SEC. The proxy statement outlines both companies’ reasoning for the transaction as wel
The Timberland Company Looks to International for 2005 Growth; Boots a Drag…
The Timberland Company pointed to double-digit constant dollar gains in Europe and Asia, coupled with balanced growth in its Domestic business and stronger global Footwear sales, as the primary drivers for a 7.2% constant dollar increase in fourth quarter
Outdoor Coalition Grabs Bigger Share of VF Corp. Business in Fourth Quarter…
The VF Outdoor Coalition, which includes The North Face, Vans, JanSport, Eastpak, Napapijri, and Kipling, revenues for the fourth quarter jumped 86.8% to $276.5 million from $148.0 million in the year-ago period. Excluding roughly $100 million in revenue
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