While Heelys, Inc. reported another triple-digit increase in sales and earnings for the first quarter, with earnings growth easily outpacing the revenue jump, a shift in the order book going forward and a proposed share sell-off by existing shareholders m
Category: Footwear
Square-Headed Scarcity Hampers Golfsmith’s Q1…
Golfsmith posted a mid-singles increase in net sales for the first quarter, thanks to the addition of 13 stores that are not included in the comp base. Comparable store sales actually declined 9.3% for the quarter. According to the company, “comparable s
Puma AG Outlook Takes Hit from Major Account, World Cup Comparisons…
Puma AG has run into a snag in its plans to reach $4 billion in sales by the end of its Phase IV initiative, but the company apparently sees the current situation as more of a bump along the road than a shift in direction for the brand. The company is ta
April Results Put a Final Hurt on a Tough Retail First Quarter for Many…
The combination of unpredictable weather patterns with a shift of Easter into fiscal March proved too much for many retailers in April as only the Luxe and Club channels managed to see much improvement over the year-ago month…
Coll Pacific Fiscal Q3 Driven by Organic Growth…
Collegiate Pacific Inc. reported third quarter sales grew 6.4% to $63.2 million, primarily attributable to a 17% organic growth rate generated by its road sales force and end-of-season basketball uniform deliveries, as well as solid uniform demand from sp
Adams Golf Sees Hybrids and Drivers Set Q1 Pace…
Adams Golf rode the strength of its Hybrid irons in the first quarter as it posted double-digit sales gains which trickled down the income statement to a low-teens gain on the bottom line as well…
Warnaco Swimwear Sees Fairly Flat Q1 Sales…
Warnaco, Inc. reported that its Swimwear Group posted a 1.8% improvement in revenues to $136.8 million from $134.4 million in the year-ago period.
Golf Town First Quarter Slows…
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…
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…