Big 5 Sees First Comp Gain in Six Quarters
Big 5 Sporting Goods reported a better-than-expected quarterly profit on tighter cost control and forecast third-quarter profit above Wall Street expectations. The Q209 comp gain reversed six straight quarters of comp declines…
Sport Chalet’s Fiscal First Quarter Sales Down on 14.7% Comp Sales Decline
Sport Chalet, Inc. saw sales decrease 8.9% to $79.4 million for the first quarter of fiscal 2010 from $87.1 million a year ago. Comps tumbled 14.7%. The net loss was narrowed to $3.0 million, or 21 cents per share, compared to a loss of $4.5 million, or 3
Aldila Sees Q2 Loss Widen on Shaft Sales
Aldila, Inc. reported second quarter losses widened on declining sales that suffered from a 21% decline in golf shaft sales. The golf shaft specialist reported net sales fell 22.5% to $10.6 million from $13.6 million in the year-ago period. Net loss was $
JD Sports Acquires Canterbury Rugby Brand
JD Sports Fashion Plc acquired the insolvent European arm of rugby apparel-maker Canterbury of New Zealand and global rights to the Canterbury brand. The U.K. chain bought Canterbury’s global brand, goodwill, and “certain fixed assets” for £6.5 million po
SEC Seeks More Than $22 Million from Former Kmart CEO
The Securities and Exchange Commission is seeking more than $22 million from the former CEO of Kmart Corp., Charles Conaway, for “intentionally lying” to Wall Street and concealing information from Kmart directors prior to its bankruptcy filing in 2002…
Weather Helps and Hurts Second Outdoor Sales
As consumers and analysts feel like they are beginning to see the end of the recession, spending on outdoor footwear, apparel and equipment seems to be turning around. Like many metrics recently cited by economists, the retail point-of-sale data compiled
Liberal Season Proposed for Upcoming Late Waterfowl Season
U.S. Fish and Wildlife Service today proposed continuation of liberal hunting season lengths for the upcoming 2009-2010 late waterfowl seasons, according to a release. Duck hunting season lengths would be 60 days in both the Atlantic and Mississippi Flywa
Sportsmen Urge Congress to Renew Their Commitment to Conservation in Highway Bill
With President Obama’s signing of the $7 billion short-term extension of the Surface Transportation Authorization Act on Friday, Aug. 7, the Theodore Roosevelt Conservation Partnership calls for an increase in conservation-related policies and funding as
Delta Waterfowl: Hunter Numbers Not as Bad as they Appear
Several anti-hunting groups were quick to take credit when news of declining hunter numbers broke, but a closer look at the data suggests the numbers are more reflective of changing demographics than changing attitudes, said a release by Delta Waterfowl..
Brunswick Corporation Announces Proposed Private Offering
Brunswick Corporation announced its intent, subject to market and other conditions, to offer $250 million aggregate principal amount of senior secured notes due 2016 in a private offering to qualified institutional buyers in accordance with Rule 144A and
United Football League Launches UFL Store at GetUFL.com
The United Football League said its online retail store, GetUFL.com, will launch Monday, August 10(th). The UFL's e-commerce launch is in advance of the League's press conferences next week in Las Vegas, San Francisco, Orlando and New York to an
Cliff Keen Launches New Web Site
Cliff Keen Athletic has launched a new Web site for the 2009-10 scholastic calendar. The company said the new CliffKeen.com site is re-designed to better serve the company’s considerable stable of growing customers, universities, retailers, and club wres
Nautilus Q2 Sales Fall; Considers Strategic Alternatives for Commercial Business
Nautilus second quarter net sales fell 36.4% to $60.8 million, compared to net sales of $95.6 million for Q2 2008. On an operating basis, the retail and direct businesses were profitable while the commercial business recorded a loss. The company is consid
Cordura Launches Cordura Cares Program
Invista's Cordura brand team has unveiled a new sustainability platform: the Cordura Cares program. The program consists of three pillars: Sustainable Performance, Enduring Materials, and Corporate Responsibility. These pillars are anchored by the t
Field Logic Promotes Weinkauf to EVP and CMO
Field Logic, the maker of the Block, the GlenDel Buck and Rage expandable broadheads, has promoted Mike Weinkauf to the position of executive vice president and CMO, effective immediately…