Forzani Sees Flat Q2 Operating Earnings on Flat Sales; Gen-X Helps Margins…
The Forzani Group Ltd. saw flat operating earnings for the fiscal second quarter ended August 1 on lower sales and improved margins resulting from cleaner inventories, more closeout sales, and sales from private label products…
G-III Exits Sports Fashion Business and China JV…
G-III fought a slowing sport fashion market and finished their fiscal 2005 Q2 with a net loss of $1.7 million, or a loss of 23 cents per share, compared to net income of $2.7 million or 37 cents per share in theyear-ago period…
Ashworth Sees Charge to Shed Suit; Gekko Helped Top and Bottom Line…
At first glance the Ashworth bottom line numbers for their fiscal third quarter ended July 31 would have you concerned about the health of the business. However, a $3.0 million pre-tax charge related to a tentative settlement of a five-year-old securitie
EMS Management in Buyout Deal…
Over the past few years, EMS has been described as “lacking oomph,” or “aimless” without a CEO or GMM, but the company still produced respectable results with an estimated $180 million in sales in 2003. Late last year, Will Manzer came on-board as the com
Cutter and Buck Triples Fiscal Q1 Profits; Sales Growth Next…
Cutter & Buck took a big hit in the Golf specialty channel in their fiscal first quarter ended July 31, but pointed to new moves being made to reverse the declining trend. Jim Grundberg, who held product marketing positions at both Callaway and TaylorMade
Quiksilver Sees Global Brand Model Clicking on all Cylinders in Fiscal Third Quarter…
Quiksilver beat earnings estimates for the fiscal third quarter ended July 31, posting diluted EPS of 32 cents for the period against analysts expectations for 29 cents a share, thanks in large part to a nice improvement in gross margin, continued sales s
Retail Sector Q2 Profits Again Outpace Sales…
Industry retailers continued their momentum in building a stronger bottom line in the second quarter, again easily outpacing the growth in the sales line for the period. Even after stripping out the benefits of acquisitions and excluding the impact of in
Riddell Acquires New Impact Monitoring Technology
Riddell Sports Group has acquired a new impact monitoring system called the Head Impact Telemetry System, or HIT System(TM), from Lebanon, NH, based Simbex LLC. The acquisition will enable Riddell to continue to be the technology leader in protective equi
Ryders Hires Former Oakley Manager as US Sales Manager
Ryders Eyewear has appointed Mitch Heiner to the position of US Sales Manager. Heiner will be managing all sales responsibilities for the current 15 Ryders Eyewear US markets as well as leading the charge into new territories. He will be based in Misson
RFA Media and Golite Renew Partnership for Adventure Sports magazine’s Mobile Tour
GoLite renewed their agreement to remain one of the major sponsors of Adventure Sports magazine's Mobile Tour next year. RFA Media is expanding the Mobile Tour to stop at over 100 events in 2005.This year's highly successful Tour is traveling to
Forzani Q2 Earnings Down a Third on Huffy Charge, Comp Sales Decline
The Forzani Group Ltd. reported net earnings for the fiscal sesond quarter ended August 1 were C$2.6 million, or 8 cents per diluted share, versus C$3.9 million, or 12 cents per diluted share, in the year-ago period. FGL took a four cents write-down of a
Quiksilver Fiscal Q3 Net Up 64% on Stronger U.S., Asia Sales
Quiksilver, Inc. reported that consolidated revenues for the fiscal third quarter ended July 31, 2004 increased 34% to $337.9 million from consolidated revenues of $251.5 million in fiscal Q3 2003. Consolidated net income for Q3 increased 64% to $19.5 mil
G-III Sales Fall 3.1% in Fiscal 2005 Second Quarter
For the three-month period ended July 31, 2004, G-III reported net sales of $43.9 million and a net loss of $1.7 million, or 23 cents per share, compared to net sales of $45.3 million and net income of $2.7 million, or 37 cents per diluted share last year
Ashworth Sales Climb 12.8%; Income Falls 76.2% on Settlement Charges
Ashworth's consolidated net revenue for the third quarter ended July 31, 2004 increased 12.8% to a record $42.8 million as compared to $38.0 million for the third quarter of 2003. Consolidated third quarter net income was $0.5 million or $0.04 per di
Russell Corp. Fills CFO Spot
Russell Corporation has named Robert D. Koney, Jr. chief financial officer for the company. Koney, 47, will be responsible for all corporate financial areas as well as investor relations. He will join the company September 15 and it is anticipated that he