SGB Executive

TJX 2003 Net Income Up 14% on 1% Comp Store Gain

The TJX Companies, Inc. announced diluted earnings per share for the 53-week fiscal year increased to $1.28, a 19% increase over $1.08 per share in the prior 52-week fiscal year. Net income was $658 million, a 14% increase over the $578 million reached la

Brown Shoe 2003 EPS Flat on 0.5% Sales Decline

Brown Shoe Company, Inc. reported net earnings for full year 2003 were $46.9 million, or $2.52 per diluted share, versus $45.2 million, or $2.52 per diluted share, in fiscal 2002. Excluding all special charges and recoveries for both years, net earnings

Callaway Declares Dividend

Callaway Golf Company announced that the Finance Committee of the Board of Directors has approved a dividend with respect to the fourth quarter of 2003 of $.07 per share, payable April 2, 2004, to shareholders of record as of March 12, 2004.

InterBike Releases Survey Results

Interbike recently conducted a survey of its 2003 attending exhibitors and retailers to gain valuable feedback on the event. Conducted on behalf of Interbike by
International Cycle Works, Inc., the purpose of the survey was to gauge exhibitor and attende

Accell Group Posts 12% Rise in Sales and 35% Profit Growth

Accell Group N.V. booked full-year 2003 net profit of € 9.2 million ($10.4 mm), a rise of 35% compared with 2002 net profit of € 6.8 million ($6.4 mm). Turnover rose 12% to €289.6 million ($327.8 mm)compared to 2002 turnover of €259.4 million ($245.4 mm)

Lowe Alpine Restructures International Operations

Lowe Alpine intends to relocate its head office, international sales and product design functions from the Kendal, UK site to a new purpose developed facility at the Group headquarters in Italy. The move represents a significant investment by the company

Phoenix Footwear May File Secondary Offering

Phoenix Footwear Group, Inc. announced that it may file a registration statement with the Securities and Exchange Commission by the end of the second quarter of 2004 for a proposed follow-on offering that the Company anticipates will include newly issued

2003 Sales Up 32% for Marin Bikes

Marin Bikes announced that its fourth quarter sales surged 32% in 2003. Additionally, January 2004 was the strongest January ever in the company¹s 18-year history.Much of the boost can be attributed to the tremendous expansion of Marin's Canadian bus

REI Posts 19% Net Income Gain on 9.5% sales Increase

For 2003, REI's operating income increased over 17% from $47.6 million to more than $56 million, with $19.1 million in net income – an increase of more than $3 million or 19% from the previous year. REI also had a 9.5% increase in total sales, from 2

Wolverine Wins Plus Award

For the fifth consecutive year, retailers nationwide have selected Wolverine Boots and Shoes to be the recipient of the Plus Award for overall design excellence in the work category. Wolverine Boots and Shoes has been the sole winner of the work award sin

Bass Pro Shop Will Open in Indiana

General Growth Properties has signed Bass Pro Shops to be an anchor location at the River Falls Mall located in Clarksville, Indiana. Tentatively scheduled for a fall 2005 opening, the Bass Pro Shops store will serve as a “catalyst for a major reinvention

Raleigh Appoints New President and COO

Raleigh America announced the appointment of Steve Meineke as president and chief operating officer to drive the company’s rejuvenated brands, products, services and marketing direction…

GSI Posts Q4 Profit on 26% Revenue Increase

GSI Commerce reported net revenues for the fourth quarter of fiscal 2003 increased 26% to $95.2 million compared to net revenues of $75.3 million for the Q4 2002. Net income was $2.7 million for Q4 of fiscal 2003, an improvement of $17.5 million compared

Dick’s Completes Convertible Notes Offering

Dick's Sporting Goods announced the completion of its private offering of $172.5 million issue price of 2.375% senior convertible notes due 2024. The company recently had announced the pricing of $155 million issue price of the notes. In connection w

Arc’Teryx Taps Bergstrom for Design Team

Arc'teryx Equipment announced the addition of Susanna Bergstrom to its snowsports design team.Bergstrom, better known as 'Sanna', is a recent graduate of the University
of Derby in the UK, where she earned her masters degree in performance