SGB Executive Outdoor
The Sportsman’s Guide Will Again Beat Street Estimates…
For the third quarter in a row, the Sportsman's Guide, Inc. announced that its originally released guidance needed to be raised, an action that sent shares up 24% for the week to close at $22.30 on Friday.
SGDE reported that net sales for the secon
Dick’s SG Gets $10.85 Million from Pennsylvania for Expansion Effort
Pennsylvania Governor Ed Rendell presented a $10.85 million check to Edward Stack, chairman and CEO of Dick's Sporting Goods, for the expansion of the company's corporate headquarters in Findlay Township outside of Pittsburgh. At least 700 new j
Acushnet Q2 Profits Jump 26% on 9% Sales Gain…
The Acushnet Company, the Fortune Brands division that manages the Footjoy, Titleist, Cobra, and Pinnacle golf brands, saw stronger sales, favorable product mix, and manufacturing efficiencies lead to a 25.6% increase in operating profit in the second qua
Oakley and Motorola Launch RAZRWire
Motorola, Inc. and Oakley, Inc. announced the expected availability of RAZRWIRE Bluetooth eyewear in early August. RAZRWIRE is armed with Motorola's third generation Bluetooth technology and supports Bluetooth RF protocol 1.1 and 1.2 ensuring compati
Element 21 Names Curry VP of Sales
Element 21 Golf Company has recently added Jack Curry as VP of sales. Jack is a thirty-year veteran with a successful management history of upwards $50 million in annual sales, and profound expertise in the Golf and Sporting Goods industries. In the past
Gildan Raises Guidance on Higher ASP, Lower Costs…
Gildan Activewear raised third quarter and fiscal year earnings guidance and the company now expects diluted EPS for the third quarter to be at least 10% above its most recent guidance of approximately 50 cents per share. Gildan has already raised its gui
Just Two Bikes Has Two New Owners…
Just Two Bikes in Hugo, Minn. was acquired by the company’s sales and marketing manager, Jim Dugelman, and Dale Hedstrand, president of Focal Point Financial Services. They have acquired the firm for an undisclosed sum from Jim Muellner, who founded JTB i
Sport-Haley Looks for Clean SEC Slate…
Sport-Haley, Inc. is pursuing settlement of claims brought against it and its former controller, Steve Auger, by the U.S. Securities & Exchange Commission. The suit, filed by the SEC in 2003, alleges that Sport-Haley misrepresented inventories, period cos
ORSM Will See Action in Backpacks Again…
The backpack market is receiving more attention from vendors, designers, and marketing teams this year than it has since the words “light and fast” were first uttered in the OR Show hall. With new product offerings coming from many, new technology coming
Russell Corp. Warns on Q2 on Struggle with Operational Costs, Lower Sales…
Despite a sporting goods retail market and consumer base that is now widely accepting performance fabrics as a core item, or perhaps because of it, Russell Corp continues to struggle with the Sporting Goods business in the U.S. RML reported last week that
Quiksilver Sponsors AVP Youth Initiative
AVP Pro Beach Volleyball Tour, Inc. announced a sponsorship agreement with Quiksilver, Inc. making Quiksilver the official sponsor of the first-ever AVP Youth Initiative. The AVP Youth Initiative is a program designed to encourage and promote the sport of
The Stingray’s Waning, What’s Next for Schwinn?
Dorel Industries’ Home Furnishings and Recreational/ Leisure segments, the latter of which is made up entirely by Pacific Cycle, will negatively impact earnings in the second half of the year. The Canadian company’s second quarter results will be announce
Rebel Sports Fiscal Year Comps Inch Up 0.8%…
Rebel Sport Limited, the largest sporting goods and outdoor equipment retailer in Australia, reported annual sales increased 3.8% to A$316.9 million ($238.9 mm). This increase came in spite of a missing week in fiscal calendar year 2005. Comparing year-on
LL Bean Changes Ad Agency, Strategy…
L.L. Bean caught the eye of the advertising and media trade this week with their decision to hire Pile and Co., an advertising consultant firm, to review their advertising program. For the past five years, L.L. Bean has held a contract with Martin/William
Confluence Solidifies Brand Positioning…
Following their recent acquisition of Watermark’s watersports division, Confluence has finalized the positioning for its brands, creating a structure that is designed to allow the company to distribute multiple brands across multiple channels. For any man
