Quiksilver to Re-Open Rossignol Tender Offer; Raises $400 Million in Note Sale…
Quiksilver, Inc. has successfully completed its tender offer for the outstanding share capital of Skis Rossignol S.A., acquiring approximately 6.0 million shares during the offering period for €19.00 per share. Upon the anticipated closing of the transac
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
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
Callaway Plays Coy, But Sees Upside…
If someone didn’t know any better they would think that senior management at Callaway Golf Company had very little reason to endear themselves to the investment community these days. Based on the tone and attendance on the second quarter call with analys
Oakley Sees A Bright Summer Leading to an Electronic Holiday…
Oakley, Inc. posted a strong Q2 with record sales beating street estimates and gross margin improvements from better product margins helping to bolster the bottom line. New product offerings from the company showed remarkable sell-through, prompting COO
Gart’s Specialty Sports Ventures Now Has Bay to Base Presence in NorCal…
Specialty Sport Ventures LLC, which is owned by the former owners of Gart Sports, has struck a deal to acquire six northern California Any Mountain stores out of bankruptcy. The deal is expected to close August 1. Any Mountain Ltd., which filed for Chapt
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
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
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
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
Recall: Mountain Buggy
The CPSC, in cooperation with Sycamore Kids Inc., announced a recall of the Mountain Buggy Urban Single and Urban Double Jogging Strollers. The recall affects about 2,200 units, as the handlebar can crack or break causing it to possibly detach while in us
Lacoste Wins China Court Croc Appeal…
The Shanghai Higher People's Court has settled a dispute that challenged Lacoste’s ability to market their ubiquitous crocodile logo in China. According to the official Xinhua news agency, the Court overturned a lower court ruling that had held that
Play it Again Parent Q2 Revenues Slip…
Winmark Corporation second quarter revenues declined 4.5% to $6.4 million, compared to $6.7 million last year. The company’s gross margins ballooned to an amazing 78.0%, 740 basis points above the 70.6% reported last year. However, SG&A expenses jumped up
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
