Gander Mountain Q3 Comps Fall 8.5%; Reports $7.5 Million Net Loss
Gander Mountain Company third quarter sales increased 20% to $214.4 million while Comparable store sales decreased 8.5%. The company reported a net loss for the third quarter of 2005 of $7.5 million, compared to a $1.7 million restated profit for the thir
GSI Commerce Posts 24% Q3 Revenue Jump; Income Still in Red
GSI Commerce reported that net revenues for the third quarter were $84.9 million, a 24% increase compared to $68.6 million in the same period last year. Merchandise sales from the sporting goods category were $46.5 million, a 29% increase compared to $36.
NRF: October Retail Sales Increase 7.2%; 1.1% Seasonally Adjusted
If October’s sales are any indication, companies are in store for a very happy holiday. According to the National Retail Federation (NRF), retail industry sales for October (which exclude automobiles, gas stations, and restaurants) rose a strong 7.2% unad
Golfsmith Posts 15.7% Q3 Revenue Increase
Golfsmith International had net revenues of $85.5 million for the quarter ended October 1, 2005, up 15.7% from revenues of $73.9 million for the year-ago period. Operating income was $4.1 million, up 57.7% from last year's $2.6 million while net inco
Traptek Makes Time Magazine’s ‘Amazing Inventions’ List
Time Magazine's annual issue introducing “the most amazing inventions of the year” named TRAPTEK technology incorporated in Cannondale’s Carbon LE garments as one of the world’s most amazing inventions for 2005. TrapTek’s invention permanently embeds
Nils Reorganizes Design Teams
Nils re-organized its Design department into three distinct teams with Susie Wiyninger, Aimee Jacobs, and Linda Kinney each managing their own design teams. The goal is to insure fresh and innovative approaches each year in the women's winter sports
Option Snowboards Appoints Dewar as President
Option snowboards and NFA outerwear announced the appointment of Steve Dewar as the company’s new president. Steve brings significant industry experience to his new position including past presidency of two of the snowboard industry’s founding firms, Sims
All Polartec Styles Receive Oeko-Tex Certification
Malden Mills announced that all existing styles of Polartec fabric have received the Oeko-Tex Standard 100 Certification and all new styles will be tested for approval on a rolling basis. Textiles that have been tested to the criteria of the Oeko-Tex Stan
Under Armour Raises IPO Price Range Ahead of Thursday Debut
Under Armour’s road trip has apparently been as positive as most in the industry would have expected, encouraging the company to raise the estimated price range of its IPO to between $10 and $12 per share ahead of its expected debut on Thursday. The new
Fischer Names New Director of Nordic Racing
Fischer Skis announced that Chris Hall will be the company's new director of Nordic Racing. Hall will take over the position recently vacated by Eli Brown's departure to the University of Utah…
Mossimo Posts 38.8% Sales Jump During Q3
Mossimo, Inc. reported a 38.8% increase in third quarter 2005 total net revenues to $6.8 million from $4.9 million for the same period last year. Net earnings for the quarter were $637,000 compared to net a net loss of $125,000 for the same period last ye
Bob’s Stores Q3 Sales Off Slightly to $80 Million
The TJX Companies, Inc. announced net sales for the third quarter were $4.0 billion, a 6% increase over last year's $3.8 billion. Consolidated comparable store sales were flat for the quarter versus last year. Net income was $171 million and diluted
Dick’s Q3 Income Jumps 56% on 2.9% Comp-Store Sales Increase
Dick's Sporting Goods' net income increased 56% to $4.2 million and diluted earnings per share increased 60% to 8 cents for the third quarter of 2005. This compares to prior year net income of $2.7 million and earnings per share of 5 cents, excl
Veltec Completes SheBeest Acquisition
Veltec Sports has completed its acquisition of the women’s clothing company, Shebeest. The Shebeest purchase was first announced during the Interbike tradeshow and was finalized last week…
Puma Signs Agreement with Saudi Football
PUMA and the Saudi Arabian Football Association announced a long-term agreement, which will commence January 1st 2006. Under the agreement, PUMA is named the Official Supplier of all on-field, sideline, training and representation apparel as well as equip
