Zumiez Inc. reported total net sales for the fourth quarter increased 42.3% to $75.4 million from $53.0 million in the year-ago quarter. The company posted net income for the quarter of $6.8 million or 47 cents per diluted share versus net income of $4.2
Category: Outdoor
Schutt Sports Appoints President and COO
Schutt Sports has appointed Eric Ashleman as president & COO. Julie Nimmons will continue as CEO. For the last four years, Eric has worked for the Danaher Corporation, first serving as VP of operations for Joslyn Manufacturing in Chicago, IL, as presiden
Under Armour Makes Changes to Management Team
Under Armour, Inc. promoted Wayne Marino to Executive Vice President/Chief Financial Officer. In addition, William Kraus was named Senior Vice President of Marketing; Richard Zielinski was appointed as Vice President, Technical Services. Tony O'Neill
West North Central States Sees Sales Growth Outpace U.S. as a Whole
In the West North Central states (MN, IA, MO, ND, SD, NE, KS), sales at sporting goods sales outgrew the total for the U.S. as a whole by 10.9 percentage points for the period stretching from the 1997 Census to 2002. For the region, sales grew 34.4% from
L.L. Bean Sales Increase 4% in 2005
L.L.Bean announced its fiscal 2005 sales results as well as its intention to pay performance bonuses to employees. For the 2005 fiscal year ending February 26, 2006, L.L.Bean reported record annual net sales of $1.47 billion, a 4% increase over 2004. The
Golfsmith Hopes to Raise $115 Million in IPO
Golfsmith International Holdings, Inc., has filed a registration statement with the U.S. Securities and Exchange Commission relating to a proposed initial public offering of its common stock through which the company estimates raising $115 million. The co
Sears Holdings Makes Progress in Sears Canada Offer
Sears Holdings Corporation has received notice that five of the eight senior officers of Sears Canada Inc. intend to either accept the Sears Holdings' offer and tender all of the common shares held by them to the offer or sell the shares into the mar
Nautilus Restates 2005 Q4 and Year
Nautilus, Inc. filed a report with the SEC stating that the company will report adjustments to the preliminary Q4 and full year 2005 results, previously reported on February 2, 2006. In addition, the Company will report two material weaknesses in its inte
TNF Opens Urban Flagship Store in Rome
The North Face opened its first Italian urban flagship retail store at Via Delle Convertite 22/23 in the heart of historic Rome. The opening marks the Company’s twelfth retail store in Europe and its first urban location in Italy. The North Face also has
UVEX Sports Appoints New Winter Division Reps
UVEX Sports, Inc. is expanding the sales team for its winter sports division and has hired Sport One Sales and Ray Dargie to handle increased demand for its innovative goggles, helmets and eyewear and OnGuard Locks. Sport One Sales is a multi-million dol
Marmot Tent Wins Backpacker Editor’s Choice
Backpacker Magazine announced that the Marmot Aeolos 2
person tent received its 2006 Editors Choice Award for the tent category for “outstanding innovation in design, materials and performance.” Recognized as one of the most prestigious awards in the outd
adidas Honored as Cannes 2006 Advertiser of the Year
The Organizers of the 53rd Cannes Lions International Advertising Festival have announced that adidas will be awarded the prestigious Advertiser of the Year award, which will be presented to Erich Stamminger, president and CEO of the adidas brand, in hono
Gander Mountain Sees Upside in Slower New Store Growth, Building Private Label…
Gander Mountain managed to impress Wall Street with fourth quarter earnings results that far outstripped previous guidance and consensus estimates. But the hunt/fish/camp retailer is still seeing difficult comparisons to previous performance at many of i
L.L. Bean Sales Hit $1.47 Billion in 2005…
L.L. Bean reported net sales of $1.47 billion for its 2005 fiscal year ended February 26, a 4% increase over 2004 net sales of $1.41 billion. L.L. Bean’s e-commerce site became its primary sales channel for the first time this year, out-stripping brick &
K2 Inc. Profits Hurt by Goodwill Write-Down…
K2 Inc. reported healthy organic growth for the 2005 fourth quarter, but a large write-down related to the company’s goodwill and intangible assets negatively impacted earnings by $253.2 million for the quarter and the year. This charge resulted from K2’
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