Quarterly conference calls with financial analysts are usually rather muted, and the most excitement usually experienced is a double-digit sales increase, but tempers flared among investors at Johnson Outdoors’ Q4 call on Thursday as management attempted
Category: Outdoor
Lotto Hires New Marketing and Communications Director
The Lotto Sport Italia Marketing & Communication Office has hired a new Director. Edoardo Artaldi, the former director has decided to take a step in a new professional direction. His role has been recently filled by Alberto Landi, now Italian Sports brand
Wolverine Sues to Protect Moc Patents…
Wolverine World Wide has filed a patent infringement lawsuit against Harbor Footwear and Kohl’s for allegedly violating Merrell design patents on three separate models – The Jungle Moc, Jungle Slide and Winter Moc. Harbor Footwear and Kohl's are sell
180s Takes on J.C. Penney for Patent Infringement…
In a second vendor v. retailer patent infringement case, 180’s has won a preliminary injunction against J.C. Penney and Drew Pierson Marketing. 180s is alleging that J.C. Penney and Pierson infringed upon two of 180s' patents relating to wrap-behind
Johnson Outdoors Q4 Loss Widens Despite Stronger Sales
Johnson Outdoors Inc. reported that total company net sales increased 9.2% for the fiscal fourth quarter ended October 1, driven by the Marine Electronics and Outdoor Equipment business units, but posted a net loss of $3.8 million, or 44 cents per diluted
Dick’s Posts Q3 Net Loss on Galyan’s Integration; Beats Guidance
Dick's Sporting Goods reported net income for the third quarter, excluding merger integration and store closing costs, of $2.9 million, or 5 cents per diluted share as compared to earnings guidance of 3 – 4 cents per diluted share before merger costs
Genesco Q3 Net Income Up 28.4% as Sales Jump 36%
Genesco Inc. reported that net sales for the fiscal third quarter increased 36% to $288 million compared to $212 million for Q3 2004. Earnings before discontinued operations were $12.5 million, or 55 cents per diluted share, for the period compared to $9
Knight to Step Down as Nike CEO; Successor Named
Nike, Inc. has appointed William D. Perez as President, Chief Executive Officer, and Director effective December 28, 2004. Mr. Perez will succeed Nike, Inc. co-founder, Chairman and CEO Philip H. Knight, who will continue as Chairman of the Board. Mr. Pe
Gander Mountain Q3 Net Halved on Weaker Comps
Gander Mountain Company reported that total sales for the fiscal third quarter ended October 30 increased 24.4%, or $34.9 million, to $178.1 million. Comparable store sales decreased 7.5% after a 12.5% increase in the third quarter of fiscal 2003. The com
Globe Appoints New VP of Global Marketing
Globe has appointed Michael Marckx to Vice President of Global Marketing. Marckx will oversee the marketing and direction of the Globe and Gallaz brands. Marckx’s appointment is effective immediately. Marckx has over 18 years of experience in all facets o
Accell Boosts Earnings Outlook; Proposes Stock Split
Accell Group N.V. is adjusting its profit forecast upwards. For the full year 2004 the company now expects an increase of earnings per share by at least 30% compared to 2003. The principal reasons underlying this adjustment are solid sales of bicycles, bi
Level Gloves Launches U.S. Company
Level Gloves has established a US based company, Level USA Inc, in Stowe, Vermont. The company was formed in July, 2004. Level is based in Sondrio, Italy, just minutes from the world famous resort of Bormio, sight of the 2005 World Alpine Ski Championship
Quiksilver Boosts Q4 Sales and Earnings Outlook
Quiksilver, Inc. now expects fourth quarter fiscal 2004 revenue to range between $345 million and $348 million, an increase of 28% to 29% compared to $269 million for the fourth quarter of fiscal 2003. The Company also stated that it expects diluted earni
Wallenfels Takes the Reins at Mountain Hardwear
Mountain Hardwear announced that beginning January 1, 2005, Mike Wallenfels will transition to President of Mountain Hardwear. Wallenfels will succeed Jack Gilbert, who has served as President from the Company’s founding in 1993. Gilbert will step down f
Jim Stanley Joins SMS
SMS Clothing has announced the appointment of Jim Stanley as their new sales rep covering the mid-west: MN, WI, IL, ND, SD, MO, IA, KS, NB, and upper MI. Stanley joins this emerging outwear company with five years experience as a rep in the sporting goods
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