Rocky Shoes and Boots Q3 Gains Fueled by Retailer Expansion…
Rocky Shoes & Boots is riding a two-tiered wave made up of increased military sales and aggressive expansion strategies among several key retail customers. RCKY third quarter sales increased 21.0% to $50.1 million in sales, with roughly 10%, or $5.1 mill
RockyMounts Relocates; Finds New Growth Opportunities
RockyMounts, the Boulder, CO based roof-top rack manufacturer has relocated its production to a new 5,200-square-foot facility to accommodate the growing business and make it easier to produce larger tandem products. A local paper is reporting that the co
Sierra Designs Parent Lowers Third Quarter Earnings Guidance…
Kellwood has lowered guidance for the third quarter and now expects net earnings to be in the range of $28.5 million, or approximately $1.00 per diluted share, which is roughly 12% below the guidance provided in August of $32.5 million, or $1.15 per share
Oakley Sees Soft Q3; Backlog Up 49% on ‘Thump’ Sales…
Oakley is counting on the success of its new ‘Thump’ sunglass/MP3 player and increased military sales to meet full-year 2004 guidance after posting a small 2.2% sales gain in the third quarter that was primarily fueled by its owned-retail business. Sungl
Deckers Q3 Net Income Jumps Through the Roof on Nice Year ‘Round Gains…
Deckers Outdoor Corp. found its third quarter fortunes lined with sheepskin as their UGG brand continued its meteoric growth and DECK pushed net income up more than 1100% on the leveraging of SG&A expenses. Return on Sales came in at more than 10.5% of s
Escalade Sports Gets Q3 Lift from Early Shipments…
Escalade Sport reported sales for the third quarter increased 13.3% to $61.5 million from $54.3 million in the year-ago period, an increase the company said was due primarily to earlier shipments. Escalade Sports saw net income increase 11% for the quart
Deckers Q3 Net Income Jumps Through the Roof on Nice Year ‘Round Gains…
Deckers Outdoor Corp. found its third quarter fortunes lined with sheepskin as their UGG brand continued its meteoric growth and DECK pushed net income up more than 1100% on the leveraging of SG&A expenses. Return on Sales came in at more than 10.5% of s
Timberland Feeds Off Int’l Gains in Q3…
Timberland saw a larger portion of its sales come from the International segment market in the third quarter, thanks in large part to FX rates shifts in currency. The Consumer Direct business — while lagging the growth rate of the Wholesale business – w
VF Corp. Gets Nice Q3 Lift from Acquisitions; The North Face Again Stands Out…
If you pulled a Rip Van Winkle and went to sleep ten years ago and awoke just this last week, you would probably think that you had done so in some sort of bizarro world where VF Corporation, which relied on selling jeans to the value market and intimate
K2 Inc. Keeps the Machine Moving as Acquisitions Start to Pay Off…
K2 Inc. was reaping the benefits of their marketing initiatives in the SnowSports industry in the company’s third quarter, as sales increased 98.5% to $333.5 million year-on-year and net income jumped almost 300%. KTO shares jumped 6.5% for the week to c
Acushnet Takes Dip in Q3; Looks to New Products to Lift Margins…
Fortune Brands management said the company’s Acushnet golf business, which includes the Footjoy, Cobra, Titleist, and Pinnacle brands, reported third quarter golf sales dipped 2.0% to $269.6 million versus $275.2 million in the year-ago period…
Callaway Price Cuts and Top-Flite Issues Slice Margins; Leads to Q3 Loss…
Callaway Golf Company’s efforts to compensate retailers for new lower prices on clubs by shipping additional goods at no charge put a major dent in margins in the third quarter, pushing the company deep into the red for the period even as a new CEO search
Kryptonite Parent Company Takes $10 Million Hit from Lock Snafu…
Ingersol Rand, parent company to Kryptonite Locks, took a $10 million write down in conjunction with the BIC pen issue reported last month in SEW_0438. Operating margins for the company’s Safety & Security segment declined from 21.2% of sales in Q3 2003 t
Fireman Looks to Re-Inject Energy into Reebok…
Perhaps it was the Red Sox coming back to crush the Yankees in the ALCS, or perhaps it was the renewed vigor he now feels he has to attack the business after his heart bypass surgery two years ago. Whatever the reason, Paul Fireman feels he has the energ
Speedo and USA Swimming Extend Contract
Speedo and USA Swimming have extended their 20-year partnership through 2012. This unprecedented eight-year extension will enable the two organizations to maximize the sport’s long-term marketing efforts following a surge in popularity resulting from this