Canadian golf specialty retailer Golf Town posted a modest increase in overall sales for the first quarter, but saw a comparable store sales slip in the low-singles foster a widened quarterly loss…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Sport-Haley Q1 Loss Expands Despite 25% Sales Jump
Sport-Haley, Inc. reported a 25% increase in net sales for the third fiscal quarter to $5.3 million from $4.2 million last year. The company did not ship any Top-Flite branded apparel during the third quarter. The net loss for the quarter was $218,000, widening by 15% from a loss of $190,000 last year. Diluted earnings […]
Athlete’s Foot Q1 Comps Slip…
The Athlete's Foot, which is part of NexCen Brands Inc., saw comparable store sales rise 7% worldwide as a 3.5% drop domestically offset a 16% gain internationally. Despite the weak comps domestically, Bob D'Loren, NexCen's president and CE
Backcountry.com Founders Sell Majority Interest to Liberty Media…
Liberty Media Corporation will acquire control of Backcountry.com through a definitive agreement in which Backcountry co-founders, Jim Holland and John Bresee will sell a majority interest in the company…
Walking Company Gains Not Enough for Big Dog…
Big Dog Holdings’ first quarter top line was again lifted by the strong sales results at The Walking Company while the Big Dog Stores were relatively stable from a gross margin dollar standpoint…
Rocky Sees Q1 Profits Decline on Lower Margins
Rocky Brands reported first quarter net sales increased 7.2% to $61.7 million versus net sales of $57.5 million as gains in Work and Hunting categories were offset by declines in the Western business, again due to weakness on the fashion side…
Gregory Parent to be Acquired by BAE Systems…
Armor Holdings, Inc., the parent company to Gregory Mountain Products since January of 2005, has entered into a definitive merger agreement to be acquired by BAE Systems, a global company engaged in the development, delivery and support of advanced defens
The Corner Office Shuffle…
This week saw several top tier executive moves in the outdoor and sporting goods industries. Late on Friday, Polartec, LLC announced that Andrew Vecchione would be taking over as the new president of the company…
OIA Opens Nominations for Board Members…
Outdoor Industry Association is soliciting candidates to fill the open seats on the Board of Directors and represent the interests of the OIA membership. OIA Nominations Committee is now accepting Board nominations. OIA seeks to maintain a strong, balance
Garmin Ltd. to Acquire German Distributor…
Garmin has signed a letter of intent to acquire its German distributor, GPS GmbH. Financial terms of the proposed transaction were not released. Following the acquisition, GPS GmbH is expected to change its name to Garmin Deutschland GmbH…
Rumors Swirl Around Potential Backpacker Magazine Sale…
Folio is reporting that Rodale is in the final stages of selling Backpacker magazine to a private equity backed media company called Active Interest Media…
Zumiez April Comps Up 3%…
Zumiez Inc. saw net sales for the month increase 34.4% to $20.2 million, from $15.0 million last year with comparable store sales increasing 3.0% on top of a 19.3% jump in the year ago period…
DSW Follows Zumiez Lead…
DSW Inc. reported net sales for the first quarter increased 12.8% to $357.0 million compared with $316.5 million for the thirteen-week first quarter ended April 29, 2006. Same-store sales decreased 3.6% for the comparable thirteen-week period versus an in
And Pac Sun Continues in Other Direction…
Pacific Sunwear of California, Inc. saw April sales decrease 10.5% to $79.3 million from $88.5 million last year…
Shoe Pavilion Posts $1.2 million Loses in First Quarter
Shoe Pavilion, Inc. said first quarter sales increased 32.6% to $36.2 million from $27.3 million. Comparable store net sales for the first quarter increased 7.8% from the same period in fiscal 2006. The footwear chain posted a net loss of $1.2 million,
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