Puma AG Sees Growth Moderating as U.S. Sales Decline
Puma AG reported that first quarter consolidated sales grew 7.4% currency neutral (2.0% in Euro terms) to €655.8 million ($859 mm) from €642.8 million ($773 mm) in Q1 2006.Net earnings grew 3.7% for the period to €96.6 million ($127 mm), compared to €93.1
PolarPak Reports Delivery Delays
Sport Innovation Group, owner of the PolarPak brand, reported that delivery on all Polarpak Hydration Systems, which includes the Polarpak and Moflow reservoirs along with the Flowjo waist pack, were delayed until early- to mid-June. The company noted cha
Rocky Brands Sees Q1 Profits Decline on Lower Margins
Rocky Brands first quarter, 2007 net sales increased 7.2% to $61.7 million versus net sales of $57.5 million in the first quarter of 2006. Net income was $800,000 versus net income of 900,000 and diluted earnings per share were 14 cents compared to dilute
Heelys Controls Expenses to See Income Outpace Sales Gains in Q1
Heelys, Inc. reported a 262% jump in net sales for the first quarter to$49.4 million from $13.7 million for the year-ago period. For the first quarter gross profit was 35.4% of net sales, down 60 basis points from 36.0% of net sales for the first quarter
Orange 21 Class Action Suit Settlement Reached
Orange 21 Inc. reported that the United States District Court for the Southern District of California issued an order approving the company's agreement to settle the consolidated securities class action that was pending in the Court against certain o
Unifi Director Resigns from Post
Unifi, Inc. reported in a filing with the SEC that William A. Priddy, Jr. resigned as a member of the Board of Directors…
Cabela’s Slowed by Cooler Weather in Q1…
Cabela's Inc. said cooler than normal weather put the chill on sales gains during the first quarter. The outdoor retailer said it expects results to be above its long-term, mid-teens growth objectives for the remaining three quarters of the year, en
Dick’s Sporting Goods Partners with Lacrosse Champions
Dick's Sporting Goods has become a sponsor for The Philadelphia Barrage, the 2006 Major League Lacrosse Champions. At each Barrage home game, Dick's will provide coupons to fans giving $10 off a $50 purchase at local Dick's locations. Dick
Big 5 Posts Strong Earnings Gains in Q1…
Big 5 Sporting Goods Corp shrugged off issues with less-than-favorable winter weather in the first quarter to start the year with fairly solid results. While the west coast retailer posted a same-store sales increase of just one percent for the period, t
Le Coq Sportif Owner Takes Back U.S. Distribution…
Le Coq Sportif, the French sport brand acquired by the Swiss investment fund Airesis in 2006, has re-acquired U.S. distribution from Itochu International. Tim McCool, a former adidas and Nike executive, has joined the Le Coq Sportif team to lead the North
Chick’s Sporting Goods to Open 15th SoCal Location…
Chick’s Sporting Goods has completed the first phase of its expansion plans with the opening of three new stores since November of last year and plans to open its largest store this fall in Norco, Calif. Jim Chick, president and CEO of Chick's Sporti
Group Opposing NYC Bat Ban to File Lawsuit on Monday
“Don’t Take My Bat Away,” a group representing coaches, players, youth baseball enthusiasts and batmakers, will formally file a lawsuit against the City of New York on Monday, May 7th, to stop a ban on the use of metal and composite bats in city high scho
Chick’s Sporting Goods to Open 15th SoCal Location
Chick's Sporting Goods has completed the first phase of its expansion plans with the opening of three stores since November of last year and plans to open its largest store this fall in Norco, Calif. Jim Chick, president and CEO of Chick's Spor
Cabela’s Revenues Up 14.2%; Net Down 22%
Cabela's Inc. reported revenues for the first quarter increased 14.2% to $462.1 million from $404.8 million. Net income decreased 22% to $7.1 million, or 11 cents a share, from $9.1 million, or 14 cents, a yera ago…
DancinDogg Golf Moves to New HQ
DancinDogg Golf has moved to a new location in Traverse City, Mich. Now headquartered at 1371 Trade Centre Drive in Traverse City, Mich., DancinDogg Golf’s new location includes an expanded warehouse, assembly area, and offices. In addition, the new locat
