Genesco Launches Stock Repurchase Authorization
Genesco Inc. announced that its board of directors has authorized it to repurchase up to $35 million of the company's common stock…
Hanesbrands Completes Acquisition of Gear For Sports
Hanesbrands Inc. has completed its acquisition of GearCo, Inc., known as Gear For Sports, a seller of licensed logo apparel in collegiate bookstores and other channels…
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…
Alpinist Joe Puryear Dies While Climbing in Tibet
Joe Puryear—the highly respected American alpinist and consultant to equipment maker Sherpa Adventure Gear — died while climbing Labuch Kang (7367 meters) in Tibet. Puryear, a Washington native, fell while ascending a ridge when a cornice gave way…
Nearly 500,000 Acres Enrolled in Cooperative Federal Effort to Protect Birds in Spill Zone
Agriculture Secretary Tom Vilsack and Interior Secretary Ken Salazar have launched a coordinated effort with landowners across eight states to protect and feed birds migrating toward the Deepwater Horizon/BP oil spill zone in the Gulf of Mexico had more t
Delta Apparel Sees 8.9% Climb in Q1 Sales
Delta Apparel, Inc., the parent of M.J. Soffe, reported sales increased 8.9% in its first quarter ended Oct. 2, to $107.9 million. Net income declined 38.5% to $1.6 million, or 19 cents a share, from $2.6 million, or 30 cents, a year earlier…
Amer Sports Names CFO to Replace Paalanne
Amer Sports' Senior Vice President, Finance Jussi Siitonen has been appointed CFO of Amer Sports as of Jan. 1, 2011 to replace the current CFO and Executive Vice President Pekka Paalanne, who will retire…
Nike to Launch Online Golf Community
Nike Golf is set to release a new digital golf community labeled as — The Grind. On Nov. 1, 2010, golfers will be able to join The Grind via www.nikegolf.com and connect with other golf athletes in hopes of improving their performance…
