SGB Executive

Adams Golf Q1 Net Halved on Double-Digit Sales Decline

Adams Golf reported that net sales declined 16.2% to $23.5 million in the first quarter from $28.0 million for the year-ago period. The company had net income of $0.4 million, or 5 cents per fully diluted share, for the first quarter 2009, as compared to

Eddie Bauer Widens Loss

Eddie Bauer Holdings, Inc. reported a Q1 net loss of $44.5 million, a 25.2% fall from $19.3 million a year ago. The operating loss increased by 11.0%, or $2.8 million to $28.2 million in the quarter, primarily due to lower net merchandise sales and gross

Heely’s Q1 Net Sales Fall 30%

Heelys, Inc. said net sales for the first quarter ended March 31, 2009 were $9.2 million, a 29.8% fall compared to net sales of $13.1 million in the corresponding period a year ago. Gross profit was $2.9 million, or 30.8% of net sales, compared to gross p

Urban Outfitters Q1 Sales Slide 2%; Comps Down 9.6%

Urban Outfitters, Inc., a specialty retail company operating under the Anthropologie, Free People, Terrain and Urban Outfitters brands today announced income from operations of $46.0 million or net income of 18 cents per diluted share for the three months

Kohl’s Q1 Comp Sales Slide 4.3%, Increases FY09 Guidance

Kohl’s Corporation reported net income for the quarter ended May 2, 2009 of $137 million, or 45 cents per diluted share, compared with $153 million, or 49 cents per diluted share, a year ago. Net sales were $3.6 billion, an increase of 0.4% for the quarte

Wal-Mart Posts Flat Q1 Profits

Wal-Mart Stores Inc reported a flat quarterly profit as the stronger U.S. dollar offset increased sales from shoppers seeking deals in its stores amid a global economic slowdown. Profits were flat at $3.02 billion for its fiscal first quarter ended April

Sport-Haley Sees Loss Widen in Q3

Sport-Haley Inc. reported net sales of fashion apparel for the three months ended March 31, 2009, were $2.92 million, a decrease of $1.9 million, or 40.0%, from net fashion apparel sales of $4.8 million for the comparable three-month period in the prior f

AboutGolf Names President and COO

aboutGolf has named Chuck Faust as its new president and COO. Faust—who officially began his new duties on April 27—is leading and directing aboutGolf’s entire scope of daily operations. Bill Bales remains the company’s CEO, with a heavy focus on research

Merrell and National Park Foundation Form Long-Term Partnership

Merrell and the National Park Foundation (NPF) have partnered to get more people living active and outdoor lives. A long-term agreement recently formalized, represents a partnership between Merrell and the NPF that will work to make the National Parks mor

Moosejaw Mountaineering Launches Mobile Version of Website

Moosejaw Mountaineering has launched a new mobile version of its website, m.moosejaw.com. Moosejaw’s new mobile service allows shoppers to use any smartphone to browse Moosejaw’s catalog, price compare, read customer reviews and view customer product phot

Sport Footwear Retail Selling Prices Rise in Fiscal First Quarter

After a down period in the 2008 fourth fiscal quarter through January, Sport Footwear sales rebounded in the retail fiscal first quarter ended May 3, posting a low- to mid-single-digit increase in sales for the period. Based on retail point-of-sale data

True Temper in Red in Q1 as Sales Tumble 48.5%

True Temper Sports reported first-quarter sales dropped 48.5%, to $18.4 million from the $35.8 million level in 2008. The golf company recorded a net loss of $11.5 million during the first quarter of 2009, compared to a net loss of $1.6 million the first

Baseball Participation Grows Across Europe

The International Baseball Federation (IBAF) released a series of updates on the progress of baseball’s growth across Europe, and the efforts all partners are putting towards growing the game. All indicators, from professional players playing abroad to th

Federal Grants Available for Shooting Range Projects

Shooting clubs and range operators have until June 30 to apply for federally funded grants that can be used to construct, maintain or expand public shooting-range facilities in Washington state…