VF Corp.'s first-quarter earnings climbed 7.2 percent, beating expectations and boosted by its Timberland acquisition last year as well as double-digit growth across all its coalitions. Bucking a trend of reductions by others, VF also lifted its 2012
Category: Sports/Fitness
Deckers 1Q Net Falls 54 Percent As Margins Weaken, Cuts Year View
Facing surging sheepskin prices and the impact of the warm winter weather on its boot category, Deckers Outdoor Corp. had predicted a tough first quarter. But with margins creeping up, results came in even worse than expected. The company also sharply cut
Crocs Q2 Momentum Continues, Futures Concern
Crocs Inc.'s quarterly results beat Wall Street expectations as strong demand in Asia and the Americas offset weakness in Europe. But the cushy footwear maker joined a long line of vendors disappointing investors with orders coming in less than hoped
Skechers Sees FY Profit Rebound Despite Q1 Loss
Skechers USA swung to a first-quarter loss, but results were in line with expectations and the company said it expects to return to profitability later this year. The loss of $3.7 million, or 7 cents per share, compared to a profit of $11.8 million, or 24
West Marine Says Warm Weather Boosted Q1 Store Sales
West Marine, Inc. reported net revenues rose 6.7 percent to $121.5 million in the first quarter. Comparable store sales, which grew 4.3 percent, were boosted by growing fulfillment of wholesale orders through retail stores and early spring weather, which
Cabela’s to Open Two Denver-Area Stores
Cabela's Incorporated plans to extend its footprint in the Colorado market with the opening of two Denver-area locations – Thornton and Lone Tree…
Unifi Inc. Credits Q3 Profit to Stronger Polyester Pricing
Unifi Inc. earned a profit in the third quarter ended March 25 as higher prices for its polyester fiber continued to offset slightly lower volumes. The company said inventory destocking by apparel retailers and brands has largely run its course, laying th
Callaway Golf Signs Kelly Kraft
Callaway Golf Company signed U.S. Amateur Champion Kelly Kraft to a multi-year contract to play and endorse Callaway Golf equipment…
Smith and Wesson Touts 300,000 Facebook Fans
Smith & Wesson Corp. announced that the company's Facebook page has reached a significant milestone with over 300,000 likes on the social networking site…
Reed Footwear Hires New Sales Teams
Reed Footwear, Seattle based footwear company specializing in neoprene boots and fishing waders, has filled multiple sales positions throughout the country…
Injinji Hires OutsidePR
Injinji, the Toesock manufacturer, has hired OutsidePR to conduct a broad-ranging branding and product publicity campaign…
Skechers Posts Loss in Q1 on Sales Decline
Skechers USA, Inc. reported first quarter sales were $351.3 million compared to $476.2 million in the first quarter of 2011. The loss from operations for the first quarter of 2012 was $4.4 million compared to earnings from operations of $15.3 million in t
EMS Announces Grand Opening Of Larger Manchester, CT Location
Eastern Mountain Sports will host a grand opening of a larger store in Manchester, CT on April 27-29. Located next to PetSmart in the Plaza at Buckland Hills, the 18,831 square foot space is nearly three times the size of the former location…
USSA Appoints Chief Marketing Officer
Michael Jaquet, a senior executive with CBS Sports network and lifelong ski marketing visionary, has been named chief marketing officer for the U.S. Ski and Snowboard Association (USSA)…
Escalade Reports 9 Percent Increase in First Quarter Revenue
Escalade, Incorporated announced that net income for the first quarter of 2012 was $1.6 million, or 12 cents per share, compared to net income of $1.2 million, or 9 cents, for the same quarter in 2011. Net revenues for the first quarter of 2012 were 9 per
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