Callaway Golf Company saw the third quarter produce the strongest top-line quarterly growth the company has realized thus far in fiscal 2007, while also swinging to a net profit on the bottom line after a net loss in the year-ago quarter. While an extend
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
SoCal Wildfires Should Have Little Effect on Industry…
As wildfires stoked by abnormally strong Santa Ana winds ravaged the Southern California interior over the past two weeks, the sporting goods industry looked to the Action Sports and Golf markets, where many industry companies have headquarters in the re
Delta Apparel Fiscal Q1 Hurt by Soffe Decline…
Delta Apparel, Inc. said sales of Soffe products sunk 14.3% in Q1, driven by weak consumer demand, capacity constraints in decorating apparel, and delayed shipments on certain sourced product…
SIA Moves Tradeshow to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver starting in January 2010 from Las Vegas . SIA has signed an agreement to hold the event in Denver for ten years. In an exclusive interview, Bob Gundram, chairman of SIA's
Sport Supply Group Turns from Integration to Revenue Growth Following Q1…
Sport Supply Group, formerly Collegiate Pacific, reported modest revenue growth in the first quarter, but paired those gains with double-digit growth in net income as the company continues to work on integrating the businesses it has acquired over the pas
Iconix Eyes Wal-Mart Expansion; Licensing Revenues More Than Double in Q3…
Iconix Brand Group officials said they've been working closely with a new team of merchants at Wal-Mart to expand the Danskin Now business, and are pleased with the progress…
Nike Adds Gloves to NFL Deal…
Nike, Inc. expanded its current footwear and promotional rights agreement with the NFL to include branded gloves on-field and at retail, as well as grassroots programming. Under the deal, athletes will be able to wear Nike gloves displaying the Swoosh lo
Reebok Faces Issues with New NHL Edge Jerseys …
It seems that while Reebok’s desire to create a new uniform that kept players dry on the ice was a step in the right direction, the company forgot about one crucial element: wicking. Rather than sweat and moisture being fed out of the fabric and into the
Dragon Gives a Boost to Oakley’s Third Quarter…
As Sport Executive Weekly reported two weeks ago, Oakley, Inc. saw 25% sales growth (see SEW_0743) in Q3 with its subsidiary Dragon Optical providing “solid growth.” In an exclusive interview with SEW, Dragon’s Scott Sorensen, director of marketing, rep
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20% or more of its outstanding shares without the board's approval would trigger the rights plan…
Under Armour Posts Strong Q3, but Inventory, Slowing Sales Gains Create Angst…
Under Armour, Inc. shrugged off a very sharp increase in inventories a the end of the third quarter as a strategic planned increase, convincing Wall Street to give them some more time to prove out their model that has relied on very rapid sales growth sin
Crocs, Inc. Shares Plunge Despite Strong Quarter…
Crocs, Inc. saw yet another quarter of triple-digit sales and earnings growth, but the company’s stock price fell more than 31% for the week following their earnings release, due primarily to lower-than-expected guidance for 2008…
Cabela’s, Inc. Third Quarter Earnings Slip on Pre-Opening Expenses…
Cabela’s was again able to post strength in the top-line for the third quarter with gains in net sales and comps, but the bottom-line suffered due to some shifts in mix and two under-performing retail stores…
Timberland Continues to See Declines in Q3; Shuffles Leadership Team…
Timberland saw another quarter of double-digit declines as the company’s boot and kids businesses continue to under-perform. Declines came from both the U.S. and Europe , with global footwear and apparel revenues showing double-digit revenue shortfalls.
Volcom Shares Drop On Guidance Decrease; Sales and Income Both Up Over 40%…
Volcom, Inc. finished its first full quarter shipping product into its new European operations with management describing the results on a conference call with analysts as “right on target.” However, because of the general caution pervading the soft retai
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