Kohl's executives discussed 2006 financial performance and outlined future growth plans at the company's annual shareholders' meeting ehld this week. Kohl's plans to open 110 to 115 stores in Fiscal 2007, including its initial entry i
Category: Outdoor
Aldila Q1 Earnings Suffer from Margin Hit; Will Exit Hockey Biz
Aldila, Inc. reported that net sales were were essentially flat in the first quarter, posting revenues of $20.7 million this year versus $20.8 million in the year-ago quarter. However, net income was down nearly 38% to $2.7 million, or 48 cents per dilut
Gildan Q2 Sales Boosted By KY Derby Acquisition
Gildan Activewear Inc. reported a 26.3% jump in second quarter net sales to $232.1 million from $183.8 million in the second quarter of last year. In addition, the company announced plans for a 2-for-1 stock split while reiterating guidance for the full f
Dorel Q1 Sales Flat Despite 7.6% Rec/Lesiure Gain
Dorel Industries Inc. saw revenue for the first quarter total $455.7 million, up slightly from $451.0 million last year. Net income for the first quarter was $27.9 million or 85 cents per diluted share compared with $24.2 million or 74 cents per diluted s
Genesis Agency Focuses on Serving Specialty Running
The Genesis Agency, a sales and distribution program tailored to the specialty running, cycling and outdoor markets will be setting up offices in New York, Chicago and Austin. The Genesis Agency, led by Paul Perrone, the former director of running at Fila
WHAM-O Hires Director of Licensing
WHAM-O Inc., whose portfolio includes Frisbee, the Original Slip 'N Slide, Hula Hoop and Hacky Sack, hired Chris Guirlinger as director of licensing. Guirlinger is charged with expanding the outbound licensing program in support of WHAM-O's port
Yakima to Open SoCal Distribution Center
Yakima will open a new distribution center in Riverside, Calif., that will decrease delivery time by 50% for western customers. Retailers can expect a one to two day transit time instead of the previous distribution schedule of four to five days. Yakima
Crocs First Quarter Sales More Than Triple
Crocs, Inc. saw revenues for the first quarter increase 217% to $142.0 million from $44.8 million for the first quarter last year. Net income for the quarter was $24.9 million, or 61 cents per diluted share, compared to $6.4 million, or 17 cents per dilut
Cabela’s Revenues Up 14.2%; Net Down 22%
Cabela's Inc. reported revenues for the first quarter increased 14.2% to $462.1 million from $404.8 million. Net income decreased 22% to $7.1 million, or 11 cents a share, from $9.1 million, or 14 cents, a yera ago…
Spyder Strengthens Operations Team
Spyder Active Sports has hired two operations professionals to drive efficiencies within its complex worldwide supply chain and delivery infrastructure. Beverly Nestor joins Spyder as director, global supply chain and Alan Leslie has been named director,
Aldila ‘s Net Drops 37%
Aldila Inc., the maker of golf shafts, said first quarter revenues rose to $20.7 million, slightly down from $20.8 million a year ago. Net income dropped to $2.7 million, or 48 cents a share, from $4.3 million, or 78 cents, a year ago. The company also sa
Weyco Posts Record Quarter
Weyco Group, Inc. reported net earnings grew approximately 7% to $5.7 million, up from $5.3 million in 2006. The $5.7 million of earnings is the highest first quarter earnings ever reported by the company…
Payless ShoeSource Recalls Toddler Shoes
Payless ShoeSource Canada Inc. is voluntarily recalling approximately 4,200 prewalk and toddler size Airwalk(R) Compel shoes sold in Canada because of a risk that small plastic rivets that attach the back strap to the shoe can separate and detach, posing
Burton Snowboards Names Marketing Agency
Burton Snowboards has named NMA Entertainment & Marketing as its marketing agency. NMA will develop marketing strategies including entertainment outreach components, product integration opportunities, entertainment driven strategic alliance partnerships a
Brooks Sports Commemorates Beloved Team Member
On Saturday, April 21, Elizabeth “Liz” Duncan, Brooks Sports Customer Service Representative, was hit by a car in Seattle and died at the scene. Brooks is setting up a scholarship fund and will release a special shoe in her honor…
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