SGB Executive

West Marine Sees Q2 Net Income Jump Despite Soft Sales

West Marine, Inc. posted a 42% jump in net income for the second quarter to $20.1 million, or 92 cents per share, from $14.2 million, or 66 cents per share, for the same period last year. Net income for the second quarter last year included a $3.5 million

Brunswick Q2 Fitness Shows Strength, Rest of Biz Soft

Brunswick Corporation recorded second quarter net sales decreased slightly to $1.52 billion, down from $1.54 billion a year earlier. Net earnings from continuing operations decreased 37.7% to $58.9 million from $94.5 million last year. Fitness segment sal

Hanesbrands Q2 Earnings Decline on Slight Sales Increase

Hanesbrands Inc. Q2 net sales were $1.12 billion, up by $2 million comparable to last year, and earnings per diluted share were 26 cents, which, as expected, were significantly lower than a year ago primarily because of several factors related to the comp

K-Swiss Q2 Earnings Drop on Domestic Sales Decline

K-Swiss Inc. net earnings and net earnings per diluted share for the second quarter of 2007 were $7.7 million or 22 cents per diluted share, compared with $20.3 million or 58 cents per diluted share, in the prior-year period. Total worldwide revenues decr

Johnson Outdoors Q3 Sales and Earnings Climb

Johnson Outdoors Inc. Q3 net sales were $150.6 million, an increase of 11% compared with $135.5 million in the prior year quarter. Net earnings were $8.3 million or 89 cents per diluted share compared to $6.6 million or 72 cents per diluted share in the p

Columbia Net Income More Than Doubles on 3% Q2 Sales Gain

Columbia Sportswear Company recorded net sales of $218.6 million for the second quarter, increasing 3% from $211.6 million last year. Net income for the quarter was $10.0 million, a 108% increase from $4.8 million last year. Compared to the second quarter

Volcom Q2 Income Slips on 25% Sales Increase

Volcom, Inc. second quarter ended June 30, 2007 total revenues increased 25% to $57.7 million, compared with $46.1 million in the second quarter of 2006. Net income for the second quarter of 2007 was $6.2 million, or 25 cents per diluted share. This compa

Deckers Q2 Sales Jump 26%; Net Income Slips

Deckers Outdoor Corporation recorded a 26.4% increase in second quater net sales to $52.7 million from $41.7 million last year. Net income, however, slipped 6.7% to $2.5 million from $2.7 million in the year-ago period. UGG Brand sales increased 65.2% to

Fila Appoints New VP of Footwear

Fila named Gary Wakley as Vice President, Footwear. Mr. Wakley joins Fila from Prince Sports Inc. where he spent the past three years as Senior Director of Footwear and Apparel. With more than 36 years experience in the footwear and apparel industry, Mr.

Saucony Launches New Branding and Marketing Campaign

Saucony, Inc. unveiled its new brand initiative and visual identity. The multi-faceted program is part of Saucony's offensive marketing strategy to “create the strongest running brand in the industry.” The new brand platform, that includes an updated

Lululemon Ups IPO Price Range

Just a couple weeks after slimming the size of its IPO from 18.2 million shares to 16.4 million shares, Lululemon Athletica Inc. said in a filing with the SEC that it now intends to seel its shares for $15 to $17 per share, up from earlier plans of $10 to

Nokona Back to Work One Year After Fire

Nokona Athletic Goods Company reports that all is well one year after it burned to the ground, the 70 year old building destroyed by fire. With nothing left standing but the casts to build the baseball gloves and the spirit of its employees, Nokona has re

Kokatat Hires New Reps

Kokatat has hired Megan Kress and Kelly Blades as new sales reps for the Midwest territory. This territory has been split up into 2 sub-territories. Megan will be covering west of Lake Michigan (IA, IL, MN, and WI) and Kelly will cover east of Lake Michig

Everlast Sees Another Investor Complain About Sale Proceedings

Shortly following the letter Aquamarine Capital Management sent, Everlast Worldwide's largest independent stockholder, Burlingame Asset Management, LLC sent a letter to the EVST's board of directors reiterating the case made by Aquamarine that t

Cybex Sees 20% Q2 Sales Jump, Bottom Line Down on LY Benefit

Cybex International, Inc. reported a 15.7% jump in net sales for the second quarter to $34.7 million from $30.0 million last year, driven by “strong sales” of both the strength and cardio products. The company reported net income for the second quarter of