Daiwa Seiko Inc. saw fiscal first quarter revenues decline 12.6% to ¥16.56 billion ($170 mm) for the period ended June 30, compared to ¥18.94 billion ($181 mm) in the year-ago quarter. Operating income fell 32.3% to ¥1.38 billion ($14 mm) for the quarter
Category: Outdoor
Dorel Sees Shift to Lower Prices at IBDs
Dorel’s Second quarter Recreational / Leisure division revenue increased by 2.1% to $199.1 million compared to $195.1 million during the same quarter last year. Revenues within the segment’s core bicycle business at the mass merchant level were down from
Asics Corp. Fiscal Q1 Net Plummets Nearly 85%; Forecast Remains
Asics Corporation posted a 16.0% decrease in revenues for the fiscal first quarter ended June 30. Total consolidated worldwide revenues were ¥54.9 billion ($563 mm), compared to ¥65.3 billion ($625 mm) in the year-ago quarter…
Orange 21 Narrows Q2 Net Loss in Tough Market
Orange 21 Inc., the parent company to Spy Optics, reported that consolidated net sales declined 34.8% to $9.1 million for the second quarter compared to net sales of $14.0 million for the three months ended June 30, 2008. Management said that the ongoing
Clarification
Jim Moss, TAPS board member, recently contacted The B.O.S.S. Report wishing to clarify some statements attributed to him in the article New Paddlesports Show Creates Dustup at OR Summer Market, published in BOSS_0930…
Rock Climbing Injuries Increase as Sport Gains Popularity
With approximately 9 million people in the U.S. participating in rock climbing, a new study by researchers at the Center for Injury Research and Policy of the Research Institute at the Nationwide Children’s Hospital revealed a 63% increase in the number o
Access Fund Creates New Tools for Local Climbing Organizations
The Access Fund Land Conservation Campaign (AFLCC) is gaining momentum and helping local climbing access groups save endangered climbing areas. The AFLCC is a multimillion-dollar revolving loan program designed to provide local climbing organizations and
LaCrosse Re-Deploys Former END Employees
Last week, BOSS reported that LaCrosse Footwear made a strategic decision to discontinue END Footwear as a standalone outdoor and running brand (See BOSS_0932)…
Russell Corp. Jobs Headed to Kentucky from Alabama
Fruit of the Loom has announced it will relocate more than 270 apparel jobs from Alexander City and Monroeville in Alabama to its headquarters in Bowling Green, Kentucky. Positions affected include 218 Russell Corporation employees in Alexander City and 5
Under Armour and Patterson Dental Partner Around Mouthwear Line
Patterson Dental, based in St. Paul, Minn., announced that it has become the exclusive distributor of Under Armour Performance Mouthwear. The mouthwear was developed by Bite Tech Inc. and promises to not only protect the jaw from hits but to reduce stress
Investor Files Class Action Suit Against Ruger; Claims Misrepresentation of Facts
Coughlin Stoia Geller Rudman & Robbins LLP has announced that a class action has been commenced on behalf of an institutional investor in the United States District Court for the District of Connecticut on behalf of purchasers of Sturm, Ruger & Company, I
Macy’s Sees Q2 Sales Fall 9.7%, Comps Down 9.5%
Macy's, Inc. reported earnings of 2 cents per diluted share for the second quarter of 2009, ended Aug. 1, 2009. These results include restructuring charges of $34 million ($77 million after tax; 18 cents per share) related to division consolidations
True Temper Q2 Loss Widens Substantially on Global Golf Downturn
True Temper Sports, Inc. reported that net sales for the second quarter were $21.2 million, compared to the $37.7 million in the second quarter of 2008…
GSI Commerce Prices Common Stock Offering
GSI Commerce Inc. has priced its previously announced public offering of common stock at $17.00 per share. The company is selling 3,661,150 shares of common stock…
Wal-Mart Q3 Net Beats Street; Comps Dip 1.2% in Third Quarter
Wal-Mart Stores, Inc. reported net sales for the second quarter were $100.082 billion, a decrease of 1.4% from $101.546 billion in the second quarter last year. Without the negative impact of currency exchange rates equal, net sales for the quarter incre
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