The co-owner of D&R Sports Center, a hunt & fish store in Nanticoke, PA, was sentenced Thursday in federal court for conspiring to illegally ship military equipment from the U.S. to Russia…
Author: Thomas J. Ryan
Thomas J. Ryan
Senior Business Editor | SGB Media
tryan@sgbonline.com | 917.375.4699
Escalade’s Q2 Sporting Goods Sales Climb 9%
Escalade, Inc. reported net income for the quarter reached $1.9 million, or 15 cents a share, against earnings of $366,000, or 3 cents, a year ago. Revenues increased slightly to $35.7 million from $35.6 million a year ago…
U.S. Senate Approves PEP Funding for $80 Million
The U.S. Senate Appropriations Committee approved $80 million in funding for the Carol M. White Physical Education Program (PEP) in 2011. The U.S. House of Representatives will complete work on its 2011 education funding bill later this fall. In recent
Backcountry.com Launches Vendor Social Hubs
With manufacturers looking for new ways to leverage and distribute their brand content, Backcountry.com, in partnership with The North Face, launched their first Vendor Social Hub, a next generation merchandising program that gives manufacturers one hyper
Puma’s Q2 Profit Climbs 16%, Americas Sees Double-Digit Growth
Puma's second-quarter profit rose 16.4%. Revenue rose 2.5%, boosted by sales in the Americas, which advanced 26%. With a “strong outlook” for the second half, management continues to expect sales growth in the low to mid single-digits for the full ye
Golfsmith’s Q2 Earnings Slide 9%
Golfsmith International Holdings, Inc. reported revenues increased 2.8% in the second quarter to $118.0 million from $114.8 million a year ago. Net revenues reflect a 0.4% decrease in comparable store sales and a 0.3% decrease in net revenues from the dir
Sturm, Ruger Sees 11% Q2 Revenue Decline
Sturm, Ruger & Company, Inc. reported sales in the second quarter fell 11% to $64.4 million from $72.4 million a year ago. Earnings slid 5.7% to $8.2 million, or 43 cents a share, from $8.7 million, or 46 cents, a year earlier…
Steve Madden’s Q2 Profit Soars 36%
Steve Madden reported second quarter net sales increased 36.2% to $158.7 million. Net income increased 63.0% to $19.8 million, or 70 cents per diluted share, compared to $12.1 million, 44 cents per diluted share in the prior year's second quarter…
K-Swiss Acquires FORM Athletics, Hires Mark Miller
K-Swiss said it has acquired Laguna Beach-based FORM Athletics. Terms of the deal were not disclosed. FORM Athletics will operate as a division of K-Swiss led by Mark Miller, FORM's incumbent founder and CEO…
Columbia Sportswear Settles Crocs Lawsuit
Columbia Sportswear Co. said it has resolved its pending claims against Crocs, Inc. in Multnomah County Circuit Court in Portland, Oregon…
Sof Sole Partners with The Jimmy V Celebrity Golf Classic
The Jimmy V Celebrity Golf Classic, a premier celebrity golf fundraiser for The V Foundation for Cancer Research, announced that Sof Sole will serve as the 2010 Signature Sponsor for the “Jimmy V Cruise to Key West” event. This fun-filled event will take
Timberland’s Q2 Revenues Climb 5%
The Timberland Company reported a second-quarter 2010 net loss of $23.5 million, or 44 cents a share, after a $13.2 million pre-tax charge for the impairment of certain goodwill and intangible assets. In the year-ago period, the company lost $19.2 million
Callaway Restructures Manufacturing/Distribution Processes
Callaway Golf Company announced a restructuring of its global operations to occur over the next 18 months. The initiative encompasses the reorganization of manufacturing and distribution centers located in Carlsbad, CA and Toronto, Canada; the creation of
Rawlings Signs Exclusive NFL Tailgate License
Rawlings Sporting Goods signed a multi-year agreement to become the NFL's exclusive licensee for select tailgating products, including tent canopies, grills and chairs. The extended deal which will be managed by Jarden Sports Licensing, begins in 20
MTB Bill Passed by Senate
The U.S. Senate passed the Miscellaneous Tariff Bill (H.R. 4380) containing several duty suspensions across many sporting goods categories. Senate approval, which came via Unanimous Consent procedures, followed last week's overwhelming passage (378-4
SGB Today
Active Lifestyle Market Product and Brand Marketing Stories from SGB PRO PR and SGB Premium PR Partners
Post your Product or Marketing News in the SGB PR Portal