Golfsmith net revenues increased 13.4% to $106.5 million for the third quarter compared with $94.0 million last year. The increase includes contributions from 15 new stores, which were partially offset by a 4.4% decrease in direct revenues and a 0.2% decr
Category: Outdoor
Grassroots Hires Donaldson as Marketing Coordinator
The Grassroots Outdoor Alliance hired a new marketing coordinator to add to its team in Asheville, NC. Tyler Donaldson joins Grassroots from Third Screen Media, a mobile advertising company based in Boston. Donaldson comes to the group with a background
Oakley Shareholders Approve Luxottica Merger
Oakley, Inc. shareholders approved the merger agreement with Luxotitica Group S.p.A. at a special meeting. Following the consummation of the merger, Oakley will become an indirect wholly owned subsidiary of Luxottica Group. Based upon the preliminary tall
Nautilus, Inc. Adopts Shareholder Rights Plan
Nautilus Inc. said its board adopted a shareholder rights plan, a provision that would make hostile takeovers difficult. An acquisition of 20% or more of its outstanding shares without the board's approval would trigger the rights plan…
Louis Garneau Names U.S. Brand Manager
Louis Garneau USA has appointed Bernard Desrochers as the company's new brand/product manager based in the United States. Bernard Desrochers comes to Louis Garneau USA with over 20 years of industry experience that has stretched from working in Rese
Crocs, Inc. Shares Plunge Despite Strong Quarter…
Crocs, Inc. saw yet another quarter of triple-digit sales and earnings growth, but the company’s stock price fell more than 31% for the week following their earnings release, due primarily to lower-than-expected guidance for 2008…
Sports Chalet Opens Two Stores in Arizona
Sport Chalet, Inc. opened two stores in Arizona, its 50th and 51st stores. With these two openings, Sport Chalet will have seven stores in the greater Phoenix metropolitan area…
Volcom Shares Drop On Guidance Decrease; Sales and Income Both Up Over 40%…
Volcom, Inc. finished its first full quarter shipping product into its new European operations with management describing the results on a conference call with analysts as “right on target.” However, because of the general caution pervading the soft retai
UA’s Kevin Plank Sells Stock
Under Armour, Inc. announced that Kevin Plank, chairman and CEO of Under Armour, filed a Form 4 with the SEC to report the sale of 1.5 million shares of stock, or about 10% of his holdings. The filing that on November 1, Plank and his family foundation an
Jarden Corp. Margins Slip Following
Jarden Corporation reported solid top-line growth and better than expected adjusted EPS and net income. The sales growth was in large part due to its acquisition K2 Inc. and Pure Fishing, both of which closed in August of this year. On the bottom line, mu
LaCrosse Q3 Sales Increase 12% Despite Warmer Weather…
LaCrosse Footwear Q3 sales rose 12% to $36.9 million from $32.8 million. Outdoor segment sales rose 7% to $21.8 million; work revenues grew 20% to $15.1 million from $12.5 million.
SIA Moves Trade Show to Denver for 2010…
SnowSports Industries America (SIA) will move its annual trade show to Denver from Las Vegas starting in January 2010. SIA has signed an agreement to hold the event in Denver for ten years. Speaking to BOSS , Bob Gundram, who is chairman of SIA's tr
Garmin Reports 24% Rise in Fitness/Outdoor Sales
Garmin Ltd. said its outdoor/fitness sales grew 24% to $88 million in the third quarter and that retail orders indicated holiday sales of personal navigation devices, or PNDs, would be strong. Outdoor/fitness was the second largest and third fastest grow
Grassroots Adds Idaho Mountain Touring to Membership…
The Grassroots Outdoor Alliance welcomed Idaho Mountain Touring to its membership ranks, the organization’s 34th member and 73rd store. Chris & Jill Haunold, owners of IMT, said that the main reasons they pursued joining Grassroots were “the pooling of re
Pacific Cycle Q3 Earnings Decline as Sales Inch-Up…
Dorel Industries Inc., the parent company to Pacific Cycle, which includes the Schwinn, Mongoose and GT brands, saw third quarter revenue increase slightly to $440.1 million, compared to $436.3 million last year. Net income for the three months was $26.4
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