Ashworth, Inc. named Peter M. Weil as its CEO. Mr. Weil will also continue to serve as a member of the Board of Directors. The company also announced that Winston E. Hickman will remain with the company as its CFO until mid November or until such time as
Category: Outdoor
Amer Sports’ Q3 Impacted by Late Deliveries…
Amer Sports is continuing along its three-year path towards integrating Salomon, and in the process transforming itself from a €1 billion sporting goods company into a €2 billion company that is heavily invested in the winter sports market. This integrati
Coleman Increases Leave No Trace Support and Signs New Sponsorship with AMC
Following a decade of financial support, The Coleman Company, Inc. has increased its commitment to the Leave No Trace Center for Outdoor Ethics. Coleman's increased commitment to the group will include funding and participation in a unique educationa
Unifi Q1 Loss Widens; Acquires Dillon Yarn Division…
Unifi’s fiscal first quarter net sales from continuing operations slipped 7.2% to $169.9 million compared to $183.1 million for the prior year’s September quarter. The textile company’s net loss from continuing operations for the quarter was $11.0 million
Once Again, Active Lifestyle is the Place to Be…
The active lifestyle market confirmed once again last week that it is the place to be for investors. Public companies in the industry rode the wave of very positive third quarter reports to easily outpace the major stock market indices and a number of bo
Thule’s Organic Growth and Acquisitions Boost Earnings
For the first nine months of 2006, Thule reported a 25.7% increase in sales to SEK2,998 million ($401.8 mm) from SEK2,384 million ($327.5 mm) last year. On an organic basis, the company reported a 9.5% sales increase for the period. During the period, Thu
K-Swiss Expects U.S. Woes to Last Through 2007; International Continues Gains…
K-Swiss, Inc. doesn’t see a turnaround in its business until 2008 and spent much of the time on its quarterly call with analysts last week preparing them for a tough 18 months ahead in the U.S. market. So how does the market respond? How about an 11% in
Columbia Sees Margins Impact Bottom Line in Q3, But Company Lifts Guidance…
While Columbia Sportswear saw a high-single-digit decline in their net income during the third quarter, the impact was not as bad as internal projections at the company initially anticipated, thanks to stronger than expected margins at Mountain Hardwear,
Amer Q3 Impacted by Late Salomon Deliveries…
Amer Sports is continuing along its three-year path towards integrating Salomon, and in the process transforming itself from a €1 billion sporting goods company into a €2 billion company that is heavily invested in the winter sports market. This integrati
American Skiing Co. Shrinks Net Loss in 2006
American Skiing company reported total consolidated revenue of $307.8 million for fiscal 2006, compared with $276.5 million for fiscal 2005. On a GAAP basis, net loss attributable to common stockholders for fiscal 2006 was $65.7 million, or $2.07 per basi
Acushnet Q3 Gets Lift from New Product Intro’s…
The Acushnet Golf division of Fortune Brands, Inc., which includes the Footjoy, Titleist, and Cobra brands, saw third quarter sales grow 7.0% to $297.8 million in the period from $278.4 million in thee year-ago period. International growth continued to o
WSA Sells Assets to Farber and Stone
WSA’s business operations have been purchased by WSA Global Holdings, LLC, a new, privately-held company under CEO Skip Farber and COO Diane Stone, who have directed WSA’s efforts for the past three years. In its history, WSA has operated as both a for-pr
Golf Sales Slump Leads Aldila Bottom Line Downward…
Aldila, Inc. felt a mid-teens decline in its overall net sales result from a 19% drop in sales of golf and related products for the third quarter. Management said in its comments that the average selling price of golf shafts decreased 9% in Q3 with a 12%
Gravis Footwear Plans Left Coast Move, Names New GM…
Gravis Footwear, a subsidiary of Burton, announced plans for major shake-ups in its operations last week. The company will move its product, sales, and marketing functions to Irvine, Calif. with the transfer expected to be complete in early 2007.
Not onl
Volcom Q3 Slowed by PacSun; Taxes Hurt Profits…
After warning the market of its woes with sales to PacSun, Volcom, Inc. found itself sitting better than it thought it would with its largest customer, though sales were still down to the retailer. Taxes and the conversion of its European business to a d
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