SGB Footwear

Big 5 Third Quarter Profits Soar on Lower Costs and Rising Sales

November 9, 2009 SGB Update

Big 5 Sporting Goods' Q3 earnings surged 77.8% due to a combination of improving sales, slightly better merchandising margins and lower expenses. The 1.6% comp decline represented its second straight quarterly gain and its strongest comp since the Q4

Easton-Bell Sees Third Quarter Team Segment Sink Sales 11.3%

November 9, 2009 SGB Update

In a quarter that is largely dependant on football and hockey sales, Easton-Bell Sports, Inc. saw lagging Team Sports sales fall 19.0% to $91.2 million from $112.6 million in the year-ago period. Sequentially, the decline mark a small improvement from sec

Under Armour Partners With IMG and Signs MMA Champ Georges St-Pierre

November 9, 2009 SGB Update

Under Armour and IMG Worldwide, announced an exclusive partnership highlighted by the development of a unique comprehensive athletic training platform that will establish a global measurement standard for improved sports performance, health and fitness ca

Sport Supply Group Raises Fiscal Year Outlook

November 9, 2009 SGB Update

Sport Supply Group reported sales rose 5.3% to $77.5 million in the first quarter ended Sept. 30, from $73.6 million in the year-ago period. Earnings were basically flat at $5 million though earnings per share improved to 37 cents from 35 cents due to few

Adams Golf Settles Stockholder Class Action Litigation

November 9, 2009 SGB Update

Adams Golf has agreed to settle and resolve a stockholder class action lawsuit initially filed in June 1999, certain of its current and former officers and directors, and the three underwriters in Adams Golf's July 1998 initial public offering. Adams

Dorel’s Rec. and Leisure Division Sees Declining Sales and Earnings

November 9, 2009 SGB Update

Dorel Industries Inc. Recreation & Leisure Division reported that sales declined 6.1% to $518.5 million compared to $552.2 million last year. Excluding the impact of the new business acquisitions and foreign exchange variations on the segment's non-U

Garmin’s Q3 Sales Slide Despite Record Sales from OD/Fitness

November 9, 2009 SGB Update

Garmin Ltd. reported revenues slumped 10.2% in the third quarter of 2009, reflecting significant weakness from the company’s Auto/Mobile and Aviation segment that more than offset growth from the Outdoor/Fitness and Marine segments. Revenues for the

Genesco Acquires Sports Fan-Attic

November 9, 2009 SGB Update

Genesco Inc. announced that its Hat World subsidiary acquired Sports Fan-Attic, a Tampa, Fla.-based retailer of licensed sports headwear, apparel, accessories, and novelties. Sports Fan-Attic operates 37 stores largely in regional malls in seven states.

SportScanInfo: Early Winter Weather Helps Push Outdoor Sales Increase in October

November 9, 2009 SGB Update

An early start to winter this year spurred sales of cold weather footwear and apparel at the sporting goods industry retailers and chain stores that report sales to SportScanInfo. With snow falling in the Rockies and abnormally cold weather hitting the No

Kirk Richardson Named Interim President of Mountain Hardwear as Wallenfels Departs to Timbuk2

November 9, 2009 SGB Update

Mountain Hardwear named Kirk Richardson to serve as interim president while the company conducts a search for a permanent replacement for co-founder and president Mike Wallenfels, who has resigned to become CEO of Timbuk2 Designs…

OIA: September Outdoor Sales Down in Spite of Holiday Shift

November 9, 2009 SGB Update

According to the most recent OIA Topline Report, sales for chain, internet, and specialty outdoor stores declined 4% compared to last September, moving from $350 muillion to $336 million. This decline occurred in spite of a holiday shift, moving Labor Day