Weakening Direct Sales Hinders Golfsmith in Q3
Due to a significant drop-off in direct sales and stiffening competition in the golf retail industry, Golfsmith International Holdings, Inc. struggled to generate sales growth for the third quarter…
Heelys Explores Strategic Alternatives After Tough Q3
Heelys Inc. has retained Houlihan Lokey as financial advisor to evaluate possible strategic alternatives to increase shareholder value. It also reported a sharp Q3 earnings decline on a 52.3% revenue freefall…
Nautilus Sees Direct, Commercial Sales Hurt Q3
Sales continued to fall steeply at Nautilus, Inc. in the third quarter ended Sept. 30 due to weakness in both the direct and commercial businesses, where sales dropped 34% and 4.5%, respectively…
Dorel’s Pacific Cycle Unit Thrives in Q3
Dorel Industries reported sales of its Pacific Cycle division to mass merchants were stronger than expected in the third quarter, but said it had to delay orders for new Cannondale models due to supply constraints. Q3 orders for Cannondale’s 2008 models w
U.S. Approves Plan for Interstate Bike Routes
The American Association of State Highway and Transportation Officials (AASHTO) have just approved a National Corridor Plan laying out the framework and guidelines for the development of what could become the largest official bicycle route network in the
Sugoi Hires Mountain Hardwear Exec as COO
SUGOI Performance Apparel, a division of Dorel Industries, hired B. James Bottoms as its COO. Bottoms arrives at SUGOI from Mountain Hardwear, Inc., where as director of operations he served on the five-person executive team overseeing all aspects of the
Easton-Bell Sports Sees 7.8% Q3 Sales Gain
Easton-Bell Sports, Inc. reported net sales increased 7.8% for the third quarter, to $203.4 million from $188.6 million a year ago. Team Sports sales increased $6.7 million, or 6.3%, due to strong growth in ice hockey equipment and modest growth in footba
Deckers Discusses Broadening Product Line, Retail Plans and Tougher Patent Enforcement at Annual Investors’ Day
Deckers Corp. laid out three main opportunities for growth of its juggernaut Ugg brand at its annual investors’ day last week and provided updates on its plans for Simple, Teva and Tsubo. The company expects to open up to 30 shops in the United States, A
Dorel’s Pacific Cycle Unit Thrives in Q3 As Cannondale Misses 2009 Shipments
Dorel Industries Inc. reported sales of its Pacific Cycle division to mass merchants were stronger than expected in the third quarter, but said it had to delay orders for new Cannondale models due to supply constraints. Q3 orders for Cannondale’s 2008 mod
Sport Supply Group Reports Record Q1
Sport Supply Group, Inc. reported record sales of $73.6 million and a diluted EPS of 35 cents for its first quarter ended Sept. 30, 2008, despite an increasingly troubled economy. Net sales grew 4.6% from $70.4 million to $73.6 million while net income gr
Zumiez October Comps Drop 13.1%, Net Sales Rise 1.2%
Zumiez Inc. had comparable store sales decrease 13.1% for the four-week period ended Nov. 1, 2008 and total net sales increase 1.2% to $25.0 million. The significant drop in comps caused the company to re-think its fourth quarter expectations…
Broder Bros. Shrinks Q3 Loss
Broder Bros., Co. reported third quarter 2008 net sales inched up 2.4% to $252.3 million from $246.4 million a year ago. Income from operations was $7.8 million compared to a loss from operations of $3.1 million for the third quarter 2007. The Q308 net lo
American Apparel’s Comps Vault 22% in October
American Apparel, Inc. reported that for the month of October, same-store sales increased 22% over the year ago period, on a constant currency basis. For the month of October 2007, comps jumped 44%…
West Marine Q3 Revenues Drop 4.5%
Net revenues attributable to West Marine's stores division decreased $7.5 million to $159.8 million in the third quarter ended Sept. 27, 2008, a 4.5% decrease compared to the third quarter of 2007, primarily due to a $7.5 million decrease in comparab
October Same-Store Sales Decline 15.7% for Nordstrom
Nordstrom, Inc. reported sales of $529 million for the four-week period ended November 1, a decrease of 15.5% compared with sales of $626 million a year ago. Same-store sales decreased 15.7%, compared with the same period in 2007…
