Category: Outdoor

Value City Amends Q4 Earnings Overstatement

April 29, 2003 SGB Update

Value City Department Stores, Inc. announced Tuesday that, due to an administrative error, fourth quarter 2002 diluted earnings per share were overstated in a press release dated April 7, 2003 when the Company reported diluted earnings per share of $0.16

Oxford Industries to Acquire Tommy Bahama Parent

April 29, 2003 SGB Update

Oxford Industries, Inc. has signed a definitive agreement to purchase all of the outstanding capital stock of Viewpoint International, Inc., owner of the Tommy Bahama(R) brand. The transaction is valued at up to $325 million consisting of $240 million in

Brunswick Q1 Earnings Up 47% on 8% Sales Gain

April 24, 2003 SGB Update

Brunswick Corporation saw a 47% increase in diluted earnings per share in the first quarter of 2003 to $19.8 million, or $0.22 per diluted share, in line with previously announced expectations. For the quarter ended March 31, 2003, the company had net s

Kmart Reorg Plan Approved, Will Exit Chapter 11 May 5th

April 23, 2003 SGB Update

Kmart Corporation announced that the U.S. Bankruptcy Court entered an order Tuesday evening confirming the company's First Amended Joint Plan of Reorganization, as modified. With this and other actions, Kmart is set to complete its “fast-track” reor

SGMA Releases 2003 ESPN Sports Fan Poll

April 23, 2003 SGB Update

Do you want to be the first one on the block to know the stats – on the American sports fan? You can find all this information in the ESPN Sports Poll/SGMA State of Sports Report (2003 edition), released by SGMA International. This survey examines inter

West Marine Appoints Nelson as CFO

April 23, 2003 SGB Update

West Marine, Inc. has announced that Eric Nelson, vice president — Finance, will be assuming a new role as senior vice president and chief financial officer effective May 7, 2003. Nelson, age 46, joined the Company in March 2000 as vice president and con

Shoe Show Averages a Store Opening Every Five Days

April 22, 2003 SGB Update

Back in 1960, Robert Tucker opened a 2,500-square-foot shoe store in downtown Kannapolis.

Today, he reigns over a 644,000-square-foot headquarters in Concord, overseeing a shoe retailing chain with more than 860 stores. Shoe Show Inc. is one of the

Rocky Shoes and Boots Completes Gates-Mills Deal

April 21, 2003 SGB Update

Rocky Shoes & Boots, Inc. announced it completed the purchase of GATES, other trademarks and intellectual property, customer orders and relationships, as well as certain assets including finished goods and raw materials inventory from Gates-Mills, Inc…

West Marine Q1 Loss Widens as comps Drop 10%

April 18, 2003 SGB Update

West Marine, Inc. reported net sales for the quarter ended March 29, 2003 of $111.1 million, which includes the net sales of 62 newly acquired BoatU.S. stores, up 14.4% from $97.2 million in 2002. Comparable store net sales decreased 10.2% from 2002. Net

Wolverine Sees Broader Brand Growth as Q1 Profits Rise 16%

April 16, 2003 SGB Update

Wolverine World Wide, Inc. saw first quarter 2003 revenue grow 8.0% to a record $191.5 million compared to the $177.3 million reported for the first quarter of 2002. EPS increased 20.0%, reaching a record $0.18 per share compared to the $0.15 per share r

Footstar Sees Another Finance Exec Exit

April 15, 2003 SGB Update

Footstar, Inc. announced that Kathy Guinnessey, Vice President Finance and Treasurer, has decided to leave the Company effective April 18, 2003 to accept a position at another company. Ms. Guinnessey's responsibilities will be assumed by Stephen R.

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