Hibbett Sports Q4 Net Rises on 7 Percent Comp Gain
Hibbett Sports, Inc. reported earnings rose 27.0 percent in the fourth quarter ended Jan. 28, to $15.8 million, or 59 cents a share, from $12.5 million, or 44 cents, in the 2010 fourth quarter. Revenues increased 10.1 percent to $190.7 million compared wi
Smith and Wesson Q3 Sales Surge 23.8 Percent
Smith & Wesson Holding Corporation reported that net sales from continuing operations reached $98.1 million in the third quarter ended Jan. 31, up 23.8 percent from a year earlier, thanks to strong sales of M&P handguns, M&P sporting rifles, and all Smith
Bicycles Drive Profits at Dorel Industries in 2011
The success of Cannondale’s latest innovations helped propel Cycling Sports Group (CSG) to 25 percent sales growth in 2011, despite a decline in fourth quarter sales caused largely by the decision to ship new models a quarter earlier than last year,
Taiwan’s President Announces Major Expansion of Bike Trails at Taipei Cycle Trade Show
In its first two days, the Taipei Cycle trade show in Taiwan attracted a record 5,627 international visitors, up 13.6 percent from last year, according to the Taiwan External Trade Development Council, or TAITRA. Among those in attendance were the preside
Dorel’s Cycling Sales Dip in Q4 on Shift in New Model Shipments
Sales of Cannondale, GT, Schwinn and other bicycles sold by Dorel Industries Recreational/Leisure Segment declined by $3.5 million, or 1.7 percent in the fourth quarter ended Dec. 31, 2011. The decline, however, was due largely to a shift in the timing of
Zumiez’s Q4 Profits Climb 25 Percent
Zumiez Inc. reported net income in the fourth quarter of fiscal 2011 increased 24.9 percent to $18.7 million, or 60 cents per share, from $15.0 million, or 49 cents, in the fourth quarter of the prior fiscal year. Total sales increased 17.7 percent to $18
DSW Adds Two More Manhattan Stores
DSW Inc. announced the opening of its newest store on 34th Street in Manhattan. The store is located in the heart of New York's fashion district. DSW also announced plans to open a store on the Upper West Side at 79th and Broadway in early summer 201
Orthofeet Announces New Executive Hires in Manufacturing and Pedorthic Education
Orthofeet, a manufacturer of biomechanically designed footwear, today announced two additions to their executive team. Mike DiSotto is joining as VP, manufacturing, and Dennis Janisse, C.Ped., is director of scientific affairs…
Brown Shoe Sinks Into Red in Fourth Quarter
Brown Shoe Co., the parent of Famous Footwear, reported a loss of $8.2 million, or 21 cents a share, in the fourth quarter against earnings of $3.4 million, or 4 cents, a year ago. On an adjusted basis, net earnings were $4.1 million, or 10 cents per shar
Bergans USA LLC Announces First Rep Hires
Bergans has added reps Bob Kirkup of Ontario, Canada, Terry Mullins of Minneapolis and Kurt Watkins of Kirkland, WA to represent it in the United States. The hires follow the Norwegian outdoor brand's decision in January to open a U.S. subsidiary, Be
Adams Golf Sees 12 Percent Revenue Gain in 2011
Adams Golf reported record net sales of $96.5 million for the year ended Dec. 31, 2011, as compared to $86.2 million for the year ended Dec. 31, 2010, an increase of 12 percent year-over-year. The company realized a net profit of $14.5 million, or $1.79 p
Learn to Ski Initiative Surpasses 2011 Participation Levels
Organizers of 2012 Learn to Ski and Snowboard Month (LSSM) estimate that the number of beginner lessons taught during January as part of the initiative totaled nearly 100,000, up from 75,000 over the previous year, despite lack of snow in the early part o
Kenneth Cole Productions Retains Financial Adviser
Kenneth Cole Productions Inc. said a special committee of independent directors has retained Bank of America Corp.'s (BAC) Merrill Lynch as an adviser to help the apparel maker evaluate a buyout offer from the company's founder…
Easton-Bell Q4 Sales Surge on Earlier Spring Shipments
Easton-Bell Sports, Inc., which markets and licenses sporting goods under the Easton, Bell, Giro, Riddell and Blackburn brands, reported net sales surged 16.9 percent in the fourth quarter as it shipped baseball, softball and other spring sports items ear
REI to Plant Flag in Florida in 2013
REI (Recreational Equipment, Inc. will open its first store in Florida in in spring 2013 after opening a store in San Antonio, Texas this fall…
