Russell Corporation said the company fell short of several planned cost reductions for the second quarter, a miss that was the primary reason for a sharp decline in profits for the period despite the revenue gains delivered by the acquisitions of Brooks S
Category: Outdoor
OIA Applauds Senators’ Work to Keep LWCF Alive…
Created in 1964, the LWCF Act directed $900 million per year to create and protect America’s parks, forests, and wildlife refuges. Earlier this year, both the House and the Bush Administration advocated zeroing out the program. However, The Senate Interio
Big City Mountaineers and Mountain Hardwear Extend Apparel Deal
For the second year in a row, Big City Mountaineers will be raising more than $20,000 through the sale of co-branded Mountain Hardwear apparel. Thanks to Polartec®, Mountain Hardwear, Northern Mountain Supply, and National Geographic Adventure magazine al
Brunswick Pulls A Q2 Growth Trifecta…
Brunswick Corporation saw growth across the board in the second quarter ended June 30, with each of its three reporting segments posting gains in sales, earnings, and operating margins. For the company as a whole, net sales increased 12% to $1.6 billion,
Aldila Branding Initiative Helps Boost Second Quarter Sales 53%…
Aldila second quarter net sales increased 53% to $21.8 million from $14.3 million in the year-ago period. The average selling price of golf shafts increased 31% on a 20% increase in unit sales. The future looks bright as well as the order backlog of sales
Escalade Sports to Take Full Year Hit on Sears Changes…
Escalade Sports saw second quarter net sales decline 3.7% to $28.6 million from $29.7 million in the year-ago period. Operating income was down 8.0% for the period, resulting in a 10.3% operating margin. Net income in the Sporting Goods unit of Escalade
Timberland Sees the Domestic Wholesale Business Suffer in the Second Quarter…
The Timberland Company is starting to warm up to the idea of becoming a multi-brand platform in footwear and apparel, apparently coming to terms with the possibility that their core brand may not play as well as they would like in some of the more perform
Nautilus Hitting on All Cylinders, But Where Does Pearl Fit…
Nautilus Inc. now feels their addressable market is $11.9 billion when they include the acquisition of Pearl Izumi. This includes $5.4 billion in fitness in the Americas, $4.5 billion of fitness outside the Americas and $2 billion in high performance appa
Cybex Gets Back into Positive Territory…
After Cybex posted a net loss last quarter, management was still optimistic about the year ahead, predicting growth in the second half. It appears the company is a quarter ahead of schedule as second quarter net sales jumped 13.0% to $27.2 million compare
Coleman Making a Comeback Under New Ownership…
Jarden Corporation, the parent company for the Coleman business, saw its second quarter sales more than triple due to the acquisitions of American Household, Coleman’s former parent company. Net sales increased 279% to $754 million compared to $199 millio
Big 5 Expects 2.7% Comp Sales Increase For Q2
Big 5 Sporting Goods Corporation reported that it achieved its 38th consecutive quarter of positive same store sales performance for the fiscal quarter ended July 3, 2005. The company expects to report, based upon preliminary sales results, a same store s
EOG Sees Growth in Outdoor Industry
The European Outdoor Group conducted research showing the outdoor-sports industry is on course for success. The Outdoor industry has recorded a growth in all key markets compared with 2003 with sales of €1.98 billion in 2004 (2003: €1.96 billion), the clo
Backbone Media Adds Another Vertibrae
Backbone Media has hired Greg Williams to meet growing demand for PR in the outdoor, fitness and lifestyle markets. Williams, formerly the Advertising Director at Climbing magazine, has joined the team to work closely with Polartec and to support a burgeo
Golf Galaxy Hits Public Market; IPO Prices Over Offering
Golf Galaxy, Inc. on Thursday announced the initial public offering of 3,950,000 shares of its common stock at $14.00 per share. The golf specailty retailer had planned the IPO in the $11 to $13 range. Golf Galaxy has granted the underwriters an option t
Black Diamond Wins AMGA Industry Award
Black Diamond Equipment is the 2005 recipient of the American Mountain Guides Association’s Industry Award. AMGA Executive Director Mike Alkaitis will present the award to Peter Metcalf, CEO of Black Diamond, at this August’s Outdoor Retailer Show.