Ruger Named “Manufacturer Of The Year” by NASGW
Sturm, Ruger & Company, Inc. has been presented with the Firearms Manufacturer of the Year award by the National Association of Sporting Goods Wholesalers for the third consecutive year…
Warnaco Swimwear Posts Loss After FINA LAZR Ruling Charge
Warnaco's swimwear segment reported a Q2 operating loss of $7.4 million after a $3.6 million charge ($2.2 million after-tax) to write off inventories of its Speedo LZR Racer product. The loss compared to a year-ago deficit of $10.2 million, which inc
Batters Up Schedules Annual Meeting
Batters Up USA will hold its annual meeting in conjunction with the American Baseball Coaches Association convention on Jan, 7-10 in Dallas at the Hilton Anatole Hotel…
Crocs Returns to Profitability and Growth in Q3
Crocs, Inc. reported its first profit and year-over-year sales gain since second quarter 2008 and posted healthy future orders, led by demand for the new Crocband collection. Year-over-year spring-summer 2010 wholesale pre-books are running up 131% in the
Badger Sport Acquires Pro-Line to Enter Headwear Market
Badger Sport, of Statesville, NC, announced the purchase of Pro-Line Athletic, Fort Worth, TX. Terms were not disclosed. In a statement, Jerry Carr, president and owner of Badger Sport, said, “Pro-Line is a great fit for Badger Sport. It has been our goal
Big 5 Third Quarter Profits Soar on Lower Costs and Rising Sales
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
M.J. Soffe Looking to Add Capacity
M.J. Soffe is looking to increase capacity in screen printing following strong demand for its decorated products. In an interview with The Fay Observer in Fayetteville, NC, Soffe President Ken Spires said that “our sales guys really did a great job in get
Easton-Bell Sees Third Quarter Team Segment Sink Sales 11.3%
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
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
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
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
Macy’s Comps Slip 0.8% in October
Macy’s, Inc. reported total sales of $1.69 billion for the four weeks ended Oct. 31, a decrease of 1.3% from $1.71 billion a year ago. On a same-store basis, Macy’s, Inc. sales were down 0.8% in October…
Target’s October Sales Up 2.8%; Comps Slip 0.1%
Target Corporation reported that its net retail sales for the four weeks ended Oct.31, 2009 were $4.54 billion, an increase of 2.8% from $4.42 million for the four weeks ended Nov. 1, 2008. On this same basis, October comparable-store sales decreased 0.1%
J.C. Penney Comps Drop 4.5%, Raises Q3 EPS Guidance
J.C. Penney Co., Inc. reported that comparable store sales for the four-week period ended Oct. 31, 2009, decreased 4.5%, slightly better than the company’s guidance for sales to decrease 5% to 8%. In last year’s October period, comparable sto
TJX’s October Comps Surge 10%, Hikes EPS Guidance
The TJX Cos. reported sales for the four-week period ended Oct. 31, were $1.7 billion, up 15% over the $1.5 billion achieved a year ago. Consolidated comps increased 10%…
