Category: Outdoor

Galyan’s 2002 Profits Quadruple on 24% Sales Gain

March 20, 2003 SGB Update

Galyan's Trading Company announced earnings per share on a fully diluted basis were $1.09 per share, on net earnings of $18.7 million for the fiscal year 2002, compared to $0.32 per share on a fully diluted basis, on net earnings of $4.6 million for

G-III 2002 Profits Plunge 84% as Sales Flatten

March 20, 2003 SGB Update

G-III Group, Ltd. reported net sales for the twelve-month period ended January 31, 2003 were $202.7 million compared to $201.4 million last year. The Company reported net income of $382,000, or $0.05 per diluted share, for the twelve months ended January

Goody’s Posts 2002 Profit on Flat Sales

March 19, 2003 SGB Update

Goody's Family Clothing, Inc. reported net earnings for the year ended February 1, 2003 were $7.6 million, or $0.23 per diluted share, compared with a net loss of $20.2 million, or $0.62 per share, for fiscal 2001. Total sales for fiscal 2002 were $

Phoenix Footwear Group, Inc. Updates 2003 Outlook

March 19, 2003 SGB Update

Phoenix Footwear Group, Inc. commented on its recent failed bid for Antigua Enterprises, Inc. and also announced that for the 12 months ended December 31, 2003, it expects to generate earnings, after one-time charges related to relocation of the company&#

Hibbett Beats the Street in Q4…

March 17, 2003 SGB Update

Hibbett Sporting Goods shares were up 6% for the week to close at $24.40 on Friday as the small-market sporting goods operator beat both the Thomson First Call consensus estimate of 40 cents a share and HIBB's prior guidance of 39 cents to 41 cents a

Galyan’s Profits Up on Weak Comps…

March 17, 2003 SGB Update

Galyan’s, like so many others in our space, had strong profits on weak sales in the fourth quarter ended February 1, 2003. And like so many other retailers — given the economy and world events — they were unable to give sales guidance for the first qua

…As SVP’s Exit in Cost-Cutting Move

March 17, 2003 SGB Update

Vans announced that Art Carver, SVP of Global Operations, and Bob Nagel, SVP of Sales and Apparel, are leaving the company as of May 31, 2003. Vans CEO Gary Schoenfeld described the move as “an effort to reduce fixed costs”…

Nike and Hurley Matching Up Nicely

March 12, 2003 SGB Executive SGB Update

Nike and Hurley International stunned the action-sports industry last year when the athletic shoe giant bought the relatively small but well-regarded Costa Mesa surf and skateboard clothing company. Skeptics feared the worst…

The Finish Line Promotes Four New VP’s

March 11, 2003 SGB Update

The Finish Line, Inc. Alan H. Cohen, President and Chief Executive Officer announced the promotion of four new vice presidents. Jason Prodouz has been named VP – Planning & Allocation, Todd M. Kuebel has been named VP – Inventory Management, Cindy Loren

Goody’s Ferbruary Comps Decrease 11.2%

March 6, 2003 SGB Update

Goody's Family Clothing, Inc. reported total sales for the fiscal month of February 2003 of $66.3 million, a decrease of 12.0% from total sales for the fiscal month of February 2002 (the four weeks ended March 2, 2002) of $75.3 million…

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