The Buckle Q2 Net income Down 11.7% on 2.6% Sales Gain
The Buckle, Inc. reported that net income for the second quarter of fiscal 2003 was $3.6 million, or 17 cents per share, compared with $4.1 million, or 19 cents per share, for the second quarter of 2002. Net sales for the quarter ended increased 2.6% to
K-Swiss Adds Mark Louie to Board of Directors
K-Swiss Inc. announced that Mark L. Louie was unanimously elected to serve on the Company's Board of Directors.
Mr. Louie is a Managing Member and Chief Financial Officer of TechFund Capital, a venture capital firm focusing on early-stage enabling t
Urban Outfitters Reports a 51% Increase in Q2 Earnings; Declares Two-for-One Split
Urban Outfitters, Inc. announced earnings of $9.5 million for the second quarter ended July 31, 2003, a 51% increase over the comparable quarter last year. Second quarter earnings per diluted share rose to $0.47 this year versus $0.32 in the prior year.
Varsity Brands Q2 Net Income Falls 46% on 5.0% Sales Decline
Varsity Brands, Inc. announced net income of $4.7 million, or $0.40 per share on a fully diluted basis, for the second quarter of 2003, compared to net income of $8.7 million, or $0.79 per share on a fully diluted basis, for the quarter ended June 30, 200
Everlast Q2 Net Income falls 50% as Sales Slide 12.2%
Everlast Worldwide Inc. reported second quarter net sales were $12.9 million as compared to $14.7 million reported in 2002. Net licensing revenues advanced 11.8% to $1.6 million. Net income available to common stockholders fell 50% to $.1 million, or $0
Johnston Joins Canari Cyclewear
Canari Cycle Wear announced the appointment of James S. Johnston as General Manager of Canari. Johnston, a 28-year veteran of the performance sports apparel industry, will take up this newly created position at Canari's headquarters in Vista, CA…
Prince Sports Opens New RandD Facility
Prince Sports has has opened a state-of-the-art research and development facility in Trevignano, Italy. Created to form a centralized research and development hub, the new facility will serve as a fully integrated part of the business process and will foc
NRF Report Shows 6.0% GAFS Gain in July
According to the National Retail Federation, July retail sales in the GAFS category increased 0.8% seasonally adjusted from June, and rose 6.0% from the same period last year. Sporting goods, Internet and catalog retailers joined hobby, book and music st
LiquidGolf Holding to Acquire Best Value Golf
LiquidGolf Holding Corporation announced the execution of a Letter of Intent to acquire Best Value Golf Inc., the parent company of golfgods.com…
Vans CFO Departs; Company Sees Better Fiscal Q1
Vans, Inc. announced that Andrew J. Greenebaum, Chief Financial Officer, has decided to leave his position for personal reasons, effective as of August 30, 2003. Scott J. Blechman, currently VP of Finance & Controller, will be promoted to CFO. The compa
Varsity Moves Forward With Buyout Deal
Varsity Brands announced that it is mailing a Proxy Statement to all holders of record of Varsity Brand's common stock as of August 4, 2003, for the purpose of approving the proposed merger pursuant to which the Company would be acquired by a wholly-
Tomat Takes Majority Interest in Lotto Italia SpA
Roberto Danieli is exiting his position with Enerlux S.A.,
a 50% owner of Lotto Sport Italia S.p.A. His 45% share of Enerlux will shift to Andrea Tomat, Adriano Sartor and Gianni Lorenzato, who together already had a 55% control over the company. Revis
Galyan’s Complete Lease-Buyback for Three More Stores
Galyan's Trading Company, Inc. announced on Tuesday the completion of a sale-leaseback transaction for three stores with an investment trust of W.P. Carey & Co. LLC, bringing the total properties the Company leases through the Carey Group to eight. A
Sun Ice Withdraws Acquisition Plan
Sun Ice Limited and the company set up to take it private have jointly announced that the plan to execute the transaction has been withdrawn. The purchasing company was set up as a holding company wholly-owned by Sylvia Rempel, the President, CEO and Cha
TJX Q2 Net Income Off 4.9% on 2.0% Comp Store Gain
The TJX Companies, Inc. announced net sales for the fiscal second quarter were $3.0 billion, a 10% increase over last year, with consolidated comparable store sales increasing 2%. Net income was $123 million and diluted earnings per share were $.24, which