Puma AG Plots Five Year Growth Course
Puma AG belted out robust third quarter results, prompting it to hike its 2010 forecasts for sales and profitability. The performance provided an ideal setting to unveil its ambitious five-year growth plan…
Sturm Ruger Third Quarter Sales Slip on Tough Year-Ago Comparisons
Sturm, Ruger & Company reported sales for the third-quarter ended Oct. 2 slipped 18.0% to $58.4 million from the year-ago period on decreased retail transactions of firearms and a steep dip in sales of auto-loading rifles, or “black guns.” Ear
Under Armour Sees Q3 Sales, Earnings Surge on Eve of Crucial Basketball Launch
Under Armour one again rode sales of its flagship performance apparel segment and direct sales to consumers past analysts earnings estimates for the third quarter and subsequently hiked full year earnings guidance roughly five percentage points above orig
Shimano Inc. Third Quarter Net Income Jumps on Strong Bicycle OEM Reorders
Shimano Inc. reported net sales for the first nine months ended Sept. 30 reached ¥155.9 billion ($1.74 bb), up 15.9% from the comp period in 2009. Operating income rose 86.6% to ¥25.6 billion ($286 mm), while net income rose 83.4% to ¥14.4 billion ($16 mm
Callaway Q3 Losses Expand on Fewer Promotions, Tepid Buying Environment
After posting a small profit in the second quarter on easy year-ago comparisons Callaway Golf crashed back to reality during the third quarter as cash-strapped consumers continued to avoid big ticket purchases…
Brunswick Corp. Sees Light from International Sales
Brunswick Corporation’s overall net sales rose 22% to $814.4 million in the third quarter of 2010…
Skechers Falls Short of Q3 Expectations
Skechers USA Inc. posted very strong double-digit third-quarter earnings and sales growth and backlogs are continuing to rise at double-digit rates, but results still fell short of Wall Street expectations as a lackluster performance of toning during the
Acushnet Third Quarter Sales Dip on Cobra Divesture
Fortune Brands, Inc., parent of Acushnet Co., reported slight sales growth of 0.2% for the third quarter, although the Acushnet Golf segment dipped 4.8% to $265.2 from $278.6 in the year-ago period…
Deckers Outdoor Raises 2010 Outlook on Robust Third Quarter Growth
Carried by continued momentum by its Ugg blockbuster brand as well as an encouraging recovery at Teva, Deckers Outdoor Corp. posted strong double-digit growth in third-quarter earnings and revenues. The company again hiked its guidance for the year…
Delta Apparel Posts Sees Decline in Net Income Despite Rise in Net Sales
Delta Apparel, Inc. saw net sales jump 8.9% to $107.9 million for the first fiscal quarter ended Oct. 2 from $99.1 in the prior-year period. However, DLA saw a considerable 38.5% decline in net income, dropping to $1.6 million, versus $2.6 million, in the
Iconix Sports Brands Growing at Wal-Mart
Iconix Brand's three core sports brands – Starter, OP (Ocean Pacific) and Danskin Now – are growing nicely at Wal-Mart despite an overhaul of the giant discounter's merchandising team…
Garmin Acquires Distributor
In a recent acquisition, Garmin purchased full rights to Belanor AS, the distributor of Garmin’s automotive, outdoor recreation, fitness and marine products in Norway, for an undisclosed sum…
REI Bulking up in New York City Region
REI plans to open stores in Yonkers, N.Y., Carle Place, N.Y. and Paramus, N.J. in the spring of 2011, increasing to five the number of stores it has in the New York City metropolitan area and setting the stage for more head-on competition with Eastern Mou
The Nielsen Company to Refinance $330M in Debt
The Nielsen Company B.V., owner of the Outdoor Retailer and Interbike trade shows, disclosed plans to refinance debt due 2014 through the issue of $330 million in notes in a private transaction that will lower its interest rates by 100 to 225 basis point
ATK Receives More than $200 Million in Orders for Small-Caliber Ammunition
ATK has received additional orders for small-caliber ammunition under an Indefinite Delivery Indefinite Quantity contract with the U.S. Army Contracting Command, Rock Island Contracting Center, according to a company-issued press release…
