Wanted: New Owner for Yet Another Venerable Sporting Goods Brand
Huffy Corporation has retained Lazard Freres & Co. LLC to advise the company on financing and strategic alternatives, “including the sale of the Company or of product segments within the Company”. With higher than anticipated costs associated with the re
Nautilus Q1 Net Income Shrinks; Lowers Q2 Forecast
The Nautilus Group, Inc. reported that net sales for the first quarter ended March 31, 2004 were $130.9 million compared to $129.4 million for the corresponding period last year. Net income during the period was $6.4 million, or 19 cents per diluted shar
Big 5 Doubles Q1 Net Income on 5.2% Comp Sales Gain
Big 5 Sporting Goods Corporation reported that net sales for the fiscal first quarter ended March 28, 2004 increased 10.0% to $181.0 million from $164.5 million in the first quarter of 2003. Same-store sales increased 5.2%. Net income increased to $6.8
Columbia Income Jumps 34.2% on 22.4% Sales Increase
Columbia Sportswear Company announced record first quarter net sales of $206.7 million for the quarter ended March 31, 2004, an increase of 22.4% over net sales of $168.9 million in 2003. The Company reported record net income for the first quarter of $20
Galyans Opens Denver Area Store
Galyans Trading Company is set to celebrate the grand opening of its 84,000 square foot sports and outdoor adventure store April 30 at Belmar Center, a newly developed lifestyle center six miles west of downtown Denver. The store is the fourth in Colorado
Life Link Adds Bert Hopp to Rep Force
Life-Link Backcountry Travel has appointed Bert Hopp, President of Hopp Outdoors LLC, as the new sales representative for Michigan, Indiana, Ohio and Kentucky.
Bert has extensive experience in Outdoor Industry Sales, as well as Life-Link Bert represents:
Motor and Outdoor Division Boost Sales at Johnson Outdoors
Johnson Outdoors announced increased net sales, operating profits and earnings for their second fiscal quarter ended April 2, 2004. Gains were attributable to continued strong top-line and bottom-line performances by the Motors and Outdoor Equipment Group
Rocky Swings to Q1 Profit on 59% Sales Increase
Rocky Shoes & Boots, Inc. reported net income increased to $0.1 million, or one penny per diluted share, for the first quarter of 2004 compared to a net loss of $623,000, or 14 cents per diluted share, in the prior year period. Net sales increased to a f
Russell Q1 Earnings Fall 85% on Heavy Closeouts, LIFO Impact
Russell Corporation reported fiscal 2004 first quarter net sales of $251.8 million, a 10% increase over the comparable period last year. The Spalding and Bike acquisitions accounted for $22.7 million of the increase. The base Russell business was flat ve
Soffe Margins Fuel 153% Fiscal Q3 Net Income Gain at Delta Apparel
Delta Apparel, Inc. reported that sales for the fiscal third quarter ended March 27, 2004 increased 73.6% from the prior year quarter, due primarily to the acquisition of M. J. Soffe Co. Soffe sales increased 4.8% to $22.6 million in fiscal Q3, a record
Brian Reed Joins Alpha Golf as Nat’l Sales Mgr.
Alpha Golf announced the addition of Brian Reed of Los Angeles, Calif., as its new national sales representative who will be dedicated to driving the Alpha Golf brand among major golf retailers and distributors throughout the country.
Sportsman’s Guide Again Points to Internet Sales for Profit Gains
The Sportsman's Guide, Inc. reported that sales for the first quarter were $44.6 million compared to the $43.7 million reported for the same period one year ago. The SGDE reported net earnings of $1.2 million, or 22 cents per fully diluted share, fo
Aldila Swings to Q1 Profit on 50% Sales Increase
Aldila, Inc. reported net sales of $15.3 million and net income of $2.3 million, or 46 cents per share, for the three months ended March 31, 2004. In the comparable 2003 first quarter, ALDA had net sales of $10.2 million and a net loss of $169,000, or thr
GSI Commerce Narrows Q1 Loss on Continued Sales Gains
GSI Commerce Inc. narrowed its net loss for the fiscal first quarter ended April 3, 2004 to $4.0 million, or 10 cents per share, an improvement of $1.5 million, or 4 cents per share, compared to last year's first fiscal quarter. Net revenues were $6
Saucony U.S. Sales Drives Q1 Increase; Profits Up 63%
Saucony, Inc. reported that net income increased 63% to $4.2 million in the first quarter of 2004, compared to $2.6 million in the year-ago period. Diluted earnings per share increased to 58 cents per Class A share and 64 cents per Class B share, compared
