Author: Thomas J. Ryan

Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699

Fila USA’s Q2 Sales Jump Double-Digits

August 18, 2015 SGB Update

Fila USA's revenues grew 11.5 percent in the second quarter, to $71.3 million from $63.9 million a year ago, according to the quarterly results of its parent, Fila Korea Ltd. Net earnings in the region improved slightly to $2.38 million from $1.99 mi

Dick’s SG Q2 Surpasses Guidance

August 18, 2015 SGB Update

Dick's Sporting Goods Inc. reported earnings jumped 30.6 percent in the second quarter, exceeding its guidance. Excluding restructuring charges in the prior year, earnings rose 11.1 percent. Same store sales for the Dick's Sporting Goods chain i

Urban Outfitters Q2 Profits Dip

August 18, 2015 SGB Update

Urban Outfitters Inc. reported earnings dipped slightly in the second quarter, to $66.8 million, or 52 cents a share, from $67.5 million, or 49 cents, a year ago. Comparable Retail segment net sales, which include our comparable direct-to-consumer channel

Fila USA’s Q2 Jump Double-Digits

August 17, 2015 SGB Update

Fila USA's revenues grew 11.5 percent in the second quarter, to $71.3 million from $63.9 million a year ago, according to the quarterly results of its parent, Fila Korea Ltd. Net earnings improved to $2.38 million from $1.99 million…

L.A. Gear Moves into Children’s Footwear Category

August 17, 2015 SGB Update

L.A. Gear announced the launch of its Kid's category and kicks off with two styles dubbed the Liquid Gold L.A. Lights and Liquid Berry L.A. Lights. The collection will be initially available at select Shiekh Shoes locations…

Report: Adidas Lands NHL Jersey Contract

August 17, 2015 SGB Update

Adidas will take over the NHL's uniform provider from sister company, Reebok, starting in the 2016-17 season, according to Canada's TSN.ca. The long-term deal is expected to be finalized in September…

Compass Diversified’s Q2 Earnings Up Sharply

August 7, 2015 SGB Update

Compass Diversified Holdings Inc. (CODI), which owns a number of middle-market companies including Ergobaby and Liberty Safe, reported net income of $26.6 million in the second quarter ended June 30 compared to $12.3 million a year ago…

Outdoor Retailer Delivers Again

August 7, 2015 SGB Update

While many of the mysteries around the event weren’t resolved, including whether the show will continue in Salt Lake City and what time of the year the show should take place, Outdoor Retailer Winter Market 2015 marked another ringing success…

Fox Factory’s Bike Sales Climb 24 Percent

August 7, 2015 SGB Update

Fox Factory Holding Corp., the maker of bicycles and power vehicles, reported second-quarter sales increased 12.5 percent to $97.2 million. The sales gain reflected a 23.9 percent increase in sales of bike products…

Topo Athletic Receives Funding, Adds Board Seats

August 7, 2015 SGB Update

Topo Athletic announced the appointment of two new board members and Series B funding from legacy investor Norwest Venture Partners (NVP). Founded by footwear veteran and former Vibram USA CEO, Tony Post, Topo Athletic recently saw 110 percent year-over-y

Asics Revenues Expand Double-Digits in Six Months

August 7, 2015 SGB Update

Asics reported sales increased 13.4 percent in the six months ended June 30, to ¥221.7 billion ($1.77 bn). Sales rose 7.9 percent in currency-neutral terms. Year-ago figures were restated to reflect a change in how it reports regions. Net income on the ad

Fitbit Crushes 2015 Q2 Earnings Expectations

August 6, 2015 SGB Update

Fitbit Inc., in its first report since going public, reported earnings and sales that blew past Wall Street expectations. Profits adjusted for expenses tied to the IPO rose 179.7 percent to $51.3 million, or 21 cents a share, from $18.3 million, or 9 cent

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