The Finish Line’s Q4 Earnings Top Estimates

The Finish Line reported earnings declined 5.4 percent to $40.4 million, or 87 cents in its fourth quarter ended Feb. 28, but adjusted earnings topped Wall Street's consensus target. Sales improved 6.3 percent to $551.3 million with comps ahead 2.6 p

Finish Line’s Q4 Profits Top Estimates

The Finish Line reported fourth-quarter earnings topped Wall Street’s targets as better full-price selling at the Finish Line chain, healthy sales at its Macy’s partnership, and robust digital momentum offset below-plan profits at Running Spec

Quiksilver Appoints Pierre Agnes CEO

Quiksilver, Inc. announced that Pierre Agnes, president of Quiksilver, Inc., has been promoted to chief executive officer and added to the board of directors. He succeeds Andy Mooney, who is no longer with the company…

Shock Doctor Merges with McDavid

In a merger of two of the leading sports protection companies, Shock Doctor Sports and McDavid Inc. jointly announced that they have agreed to merge their companies. Financial details weren't disclosed…

Speedo’s Parent Swings to Profit

PVH Corp, the parent of Speedo and Izod, reported fourth-quarter revenues inched 0.8 percent to $2.07 billion but grew 5 percent on currency-neutral (c-n) basis. Said Manny Chirico, chairman and CEO, on a conference call with analysts, “Overall we w

Adidas Sees 15 Percent Annual EPS Growth Through 2020

At its Investor Day, the Adidas Group presented a new strategic business plan, “Creating the New,” designed to accelerating growth significantly. Revenues are projected to increase at a high-single-digit rate on average per year on a currency-neutra

Competitor Group Appoints President

Competitor Group, Inc. appointed Josh Furlow as president, overseeing all of CGI’s global business. Furlow was previously executive vice president of events…

New Balance Launches First Soccer Advertisement

New Balance launched the brand’s first football (soccer) advertisement ‘#NBFootball’; aimed at encapsulating New Balance’s approach to the sport. Directed by award winning filmmaker Marie Schuller, the film stars New Balance Footba

Big 5 Acknowledges More Board Nominations

Big 5 Sporting Goods Corp. noted that in addition to the three candidates for election previously announced by Stadium Capital Management, LLC, Engaged Capital, LLC also has nominated four other director candidates for election to the company's board

Karmaloop Files for Bankruptcy, Seeks Buyer

Karmaloop Inc., one of the leading online sellers of streetwear, filed for Chapter 11 bankruptcy protection and is seeking a buyer. The bankruptcy filing in Delaware listed $10 million to $50 million in assets…