Easton-Bell Sports Sees Improving Fourth Quarter Profits on Solid Revenue Gain
With healthy revenues in both its Team Sports and Active Sports segment, Easton-Bell Sports, Inc. reported fourth quarter sales increased 8.2% to $163.8 million. With overall gross margins improving 200 basis points, adjusted EBITDA improved 13.8% to $18.
Crocs Swings to Q4 Profit on Broad Sales Gains
Crocs earned $4.7 million, or 5 cents per share, in net income in the 2010 fourth quarter, rebounding from a loss of $11.4 million, or 13 cents, in the prior-year period…
VF Corp. Outdoor and Action Sports Coalition Grows 20% in Fourth Quarter
VF Corp’s Outdoor & Action Sports Coalition again achieved record revenues, operating income and operating margins in the fourth quarter ended Dec. 31, 2010 and executives reported spring bookings in the Americas are up 17% at year-end…
Volcom Fourth Quarter Revenues Get Lift From Strong U.S. Business
Volcom, Inc. reported a substantial increase in total revenues for the fourth quarter ended Dec. 31 but weak margins and higher expenses resulted in a steep drop in the company’s bottom line…
Garmin Ltd’s Outdoor/Fitness Segment Revenues Up Double-Digits in 2010
Garmin Ltd.’s Outdoor/Fitness segment was its most profitable by a wide margin in the fourth quarter and helped offset a 31.1% drop off in sales to the auto/mobile segment, where its personal navigation devices, or PNDs, continue to lose market shar
No Fear Retail Files for Bankruptcy Protection
No Fear Retail Stores Inc., which has 41 stores in California, Arizona, Nevada and four other states, filed for Chapter 11 bankruptcy protection in San Diego…
Forzani Acquires Team Uniform Supplier
Forzani Group is acquiring a small Toronto-based supplier of custom soccer, hockey, lacrosse, rugby, baseball, basketball and volleyball team uniforms, a move it described as its entry into the team business. Terms were not disclosed…
Scarpa Adds Reps in South-Central U.S.
Scarpa North America added new sales representation in the South-Central territory. Based near Austin, Texas, The Horton Company will represent the Scarpa brand in Texas, Louisiana, Oklahoma, Arkansas and Kansas, effective immediately…
Pacific Brands Writes Down Value of Footwear, Outerwear and Sport Business
Pacific Brands, which markets a wide array of consumer brands in New Zealand and Australia, wrote down the value of its Footwear, Outerwear and Sport business by $174.8m, saying it did not expect the business to rebound for another 12 to 18 months. Exclud
Accell Group’s 2010 Profits Rise 11% on Nearly Flat Sales
Accell Group N.V. said sales rose by just 1% to €577.2 million ($765.6mm) in 2010 as poor weather conditions for bike sales in the fourth quarter and adverse exchange rates led to a drop in the operating result in the second half of of the year. How
OBIT: Snowboard/Surf Trailblazer Chuck Allen
Chuck Allen, an avid surfer and snowboarder who worked tirelessly to promote the board sports, has passed away from complications from a lung illness. He was known from coast to coast as the co-founder of the National Scholastic Surfing Association, or NS
Derby Cycle AG Reports Q4 Revenue Growth of 30.5%
Derby Cycle AG reported revenues grew 30.5% to €37.8 million ($51.5mm) in the first quarter ended Dec. 31 on soaring sales of e-bikes. Germany largest bicycle maker said it sold 80,517 bicycles and 12,634 e-bikes in the quarter, up 5.8% and 138.6% r
Head N.V. Preliminary 2010 Results Show 5% Growth
Head N.V. said preliminary and unaudited financial data indicate its total sales rose 5.0% on a constant currency basis in 2010 as a big boost from winter sports sales countered falling racquet sales. Dive sales rebounded 6% from their nadir in 2009, but
Black Diamond Honors Chinese Distributor
Black Diamond Equipment named Shenzhen Himalaya Trading Co. Ltd. in China as its 2010 Independent Global Distributor of the Year for boosting sales by 82%…
Volcom Reports 22.4% Q4 Sales Increase, Plans to Buy 10 Outlet Stores
Volcom, Inc. said total consolidated revenues increased 22.4% in the fourth quarter and that it had signed a definitive agreement to purchase the assets related to the operation of the 10 existing Volcom outlet stores from a licensee. Fourth-quarter sales
