Category: Outdoor

Ecco Delivers Record-Breaking Year

March 1, 2013 SGB Update

Ecco, the giant Danish shoe manufacturer, reported revenue climbed 13.7 percent in 2012, to DKK 8.06 billion (U.S. $1.4 bn). Net earnings increased 23.3 percent to DKK 684 million ($119.2 mm). Pre-tax earnings grew 26.0 percent to DKK 1.14 billion ($200 m

Jarden Increases Stock Buyback Program

February 28, 2013 SGB Executive SGB Update

Jarden Corporation announced that its board of directors has authorized an increase to its current share repurchase program. The authorized share repurchase program is now $500 million. The new program includes the remaining $130 million of unused capacit

Under Armour to Outfit USA Olympic Gymnasts

February 28, 2013 SGB Update

Under Armour, Inc. will provide performance apparel, footwear, and accessories for the USA Gymnastics athletes, coaches, and staff for the next eight years, through the 2020 Olympic Games. This is the brand’s first sponsorship of a national governi

Deckers Outdoor’s Q4 Earnings Slide On Modest Sales Gain

February 28, 2013 SGB Update

Deckers Outdoor Corp. reported fourth-quarter earnings fell 22.9 percent, to $98.1 million, or $2.77 a share, from $127.2 million, or $3.18, a year ago. Sales increased 2.2 percent to $617.3 million compared to $603.9 million for the same period last year

J. C. Penney Logs Steep Q4 Loss

February 28, 2013 SGB Update

J. C. Penney reported a net loss of $552 million, or $2.51 per share, in the fourth quarter. Excluding restructuring and management transition charges and non-cash primary pension plan expense, the company's adjusted net loss for the quarter was $427

Outdoor Industry Urged to Rally for Jewell Nomination

February 28, 2013 SGB Update

Outdoor Industry Association called on its members to write their U.S. Senators to support President Obama’s nomination of industry leader and REI CEO Sally Jewell to be the next Secretary of the Interior even as an Alaska senator threatened to bloc

Sturm, Ruger’s Q4 Revenues Soar

February 28, 2013 SGB Update

Sturm, Ruger & Company, Inc. reported that for the fourth quarter of 2012, net sales were $141.8 million and fully diluted earnings were $1.00 per share. For the corresponding period in 2011, net sales were $93.2 million and fully diluted earnings were 54

TJX Companies Comps Rose 7 Percent in Last Fiscal Year

February 27, 2013 SGB Update

The TJX Companies, Inc., which acquired Sierra Trading Post in December, 2012, reported net sales for the 53-week fiscal year ended Feb. 2, reached $25.9 billion, a 12 percent increase over last year. Consolidated comparable store sales for the year on a

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