Play it Again Parent Sees Flat Q4 Profits on Declining Revenues
Winmark Corporation reported that net income for the year ended December 25, 2004 of $4.1 million, or 63 cents per share diluted, compared to net income of $4.0 million, or 63 cents per share, in 2003. Net income for Q4 was $980,100, or 15 cents per shar
Cybex Doubles Q4 Net Income on 12% Sales Gain
Cybex International, Inc. reported net sales for the fourth quarter were $29.8 million versus $26.6 million for the comparable 2003 period, an increase of 12%. Net income for the quarter ended December 31, 2004 was $1.7 million, or 10 cents per share on a
Big 5 Q4 Comps Climb 2.6%; Will Restate Earnings
Big 5 Sporting Goods Corporation reported for the 2004 fiscal fourth quarter, net sales increased by 13.4%, to $217.6 million from $191.8 million in the corresponding 13-week fourth quarter of 2003. Same store sales increased 2.6%. Net income increased to
Garmin Beats Q4 Revenue and Earnings Guidance
Garmin announced record fourth quarter and fiscal year revenue and net income. The company's consumer segment experienced 27% revenue growth during the fourth quarter. Total revenue for the quarter increased 30% to $220.9 million from $170.1 million
Oakley Q4 Sales Up 24.5%; Income Jumps 213%
Oakley fourth quarter net sales increased 24.5% to $153.0 million, compared with $122.9 million in the fourth quarter of 2003. Net income for the fourth quarter totaled $10.0 million, or $0.15 per diluted share, a 213% increase compared with $3.2 million,
Michelle Moorehead is New Nike VP of Global Strategic Planning
Nike announced the appointment of Michelle Moorehead as vice president of global strategic planning, effective immediately. Moorehead succeeds Curt Roberts, who became the vice president and general manager of Nike Vision, Timing and Tech Ventures in May
Timberland Q4 Net Up 14% on 9.4% Revenue Increase
The Timberland Company reported record fourth quarter net income of $45.0 million and diluted earnings per share of $1.29, compared with fourth quarter 2003 net income of $39.5 million and diluted EPS of $1.10. Fourth quarter revenue increased 9.4% to $4
Specialty SnowSports Sales Down 3% Through December
Sales for the entire winter sport market, including specialty and chain stores, were down 1.3% in dollars to $1.33 billion for the August through December period of 2004, compared to $1.35 billion reported last year, according to the SnowSports Industries
Senegal Football Association Signs Long-Term Agreement with PUMA
PUMA and the Senegalese Football Association (Fédération Sénégalaise de Football, SFA) today, mutually announced a long-term agreement that will see the 2002 African Cup of Nations finalists and World Cup quarterfinalists endorse the PUMA brand beyond the
Outdoor Research Inks $1.6 Million Marine Glove Contract
Outdoor Research has signed a $1.6 million contract with the U.S. Marine Corps to produce 80,000 pairs of PS150 Contact Gloves manufactured with Polartec® Power Stretch with X-Static®. The gloves will allow soldiers to conduct precise technical work such
Former Vans Exec Pleads Guilty in Kickback Scheme
Former Vans Inc. VP Scott Brabson pleaded guilty Monday to four federal charges, admitting that he obtained $4.7 million in bribes and kickbacks from Chinese factories that manufactured Vans shoes and clothing. Additionally, federal officials also report
VF Corp. Gets Acquisition Boost to Best Estimates
VF Corporation reported that fourth quarter sales rose 12% to $1.56 billion from $1.39 billion in the prior year's fourth quarter. Net income increased 19% to $125.3 million from $105.6 million, with earnings per share rising 15% to $1.10 from 96 cen
InSport Returns to Triathalon After Three-Year Hiatus
InSport International has unveiled a new line of triathlon apparel for the Spring 2005 season. InSport revisited
this product category after recognizing the resurgence of popularity in multisport events as runners and joggers are now looking to expand to
adidas the New Supplier to Chelsea FC
Chelsea Football Club and adidas today announced an eight-year sponsorship agreement. Under the terms of the agreement, which comes into effect for the 2006/7 season, adidas will become the Official Sportswear Supplier, Official Product Supplier and Offi
Michel Perraudin to Leave adidas-Salomon…
Michel Perraudin (57), member of the adidas-Salomon Executive Board, responsible for Global Human Resources, Key Projects and Corporate Services, will leave the Executive Board of adidas-Salomon AG effective March 31, 2005 to allow him to allocate more ti