Category: Footwear

Heelys Posts Q2 Loss on 5.2 Percent Sales Decline

August 10, 2011 SGB Update

Heelys, Inc. reported that net sales decreased5.2 percent to $8.3 million for the three months ended June 30 from $8.8 million for the three months ended June 30, 2010. Domestic net sales increased $517,000, from $2.2 million for the three months ended Ju

Shock Doctor Inks Vikings’ Harvin

August 10, 2011 SGB Update

Minneapolis-based Shock Doctor said that Minnesota Vikings wide receiver Percy Harvin will join its Team Shock Doctor, an elite group of athletes who use Shock Doctor sports protective gear…

Trek to Warehouse and Fulfill Dealers Online Orders

August 10, 2011 SGB Update

Trek Bicycle unveiled “Trek Sync,” a program whereby Trek will warehouse and fulfill aftermarket product orders placed on Trek retailers’ websites. To help its dealers begin selling more online, Trek is providing its dealers access to i

Escalade Sports Posts Double-Digit Sales Increase in Q2

August 9, 2011 SGB Update

Escalade, Inc. revenues for the second quarter of 2011 were up 14 percent over the same quarter last year and year-to-date revenues were up 13 percent over the same period last year. After additional investment in new product development and marketing, th

Fox Racing Shox, Profits Rise 52.7 Percent in Q2

August 9, 2011 SGB Update

Compass Diversified Holdings disclosed that profits at its Fox Racing Shox unit soared 52.7 percent in the second quarter ended June 30 on a 32.5 percent increase in sales to $45.9 million. The company also released earnings for its recently acquired Libe

Adams Golf Sees Q2 Profits Shrink Despite Sales Gains

August 9, 2011 SGB Update

Adams Golf reported net sales of $34.1 million for the second quarter, compared to $31.6 million for the year-ago period, an increase of 8 percent year-over-year. The company posted a net profit of $2.9 million, or 36 cents per fully diluted share, for th

Descente Swings to Small Fiscal Q1 Profit

August 8, 2011 SGB Update

Descente reported sales for the fiscal first quarter ended June 30 increased 11.3 percent to ¥16.47 billion ($202 mm) from ¥14.76 billion ($161 mm) in the year-ago period. Gross margins slipped 40 basis points to 47.6 percent of sales for the quarter, co

Broder Bros. Q2 Net Income Triples

August 8, 2011 SGB Update

Broder Bros., Co. reported that second quarter 2011 net sales were $227.1 million compared to $211.6 million for the second quarter 2010. Net income for the second quarter 2011 was $16.0 million, or $1.54 per diluted share, compared to $5.0 million, or 5

Asia Bike Makes ”Good Start” in Debut

August 8, 2011 SGB Update

''A good start to a high standard'' is how Ludwig Meier, member of the management of Messe Friedrichshafen, summed up the first ''asia bike,'' which made its premier in China from July 27th to 30th, 2011…

Asia Outdoor Continues Rapid Growth

August 8, 2011 SGB Update

The sixth Asia Outdoor continued to grow at double digit rates across most metrics in its sixth year, according to show owner Messe Friedrichshafen. Exhibition space grew 31 percent at the July 27-30 show,w hich drew a record 19,180 visitors, up 17 percen

Costco’s July Comps Up 10 Percent

August 4, 2011 SGB Update

Costco Wholesale Corporation reported net sales of $6.74 billion for the month of July, the four weeks ended July 31, 2011, an increase of 15 percent from $5.86 billion during the similar period last year…

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