SGB Executive

Huffy Corp. Files Chapter 11; Fights to Stay Alive…

Huffy and all of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy code citing liquidity issues, significant operating losses associated with portions of its former Canadian operations, increasing public company

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…

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

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

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

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

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

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

WaterMark Moves to Portland; Maintains Smaller Presence in Arcata

WaterMark will relocate some of its business functions to Portland, Oregon, beginning in early 2005. The company will maintain a portion of its operations in Arcata in order to take advantage of ongoing efficiencies, and has renewed the lease on its Arca

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

Rocky Q3 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