Big 5 Has Tough Q1; Sees Traffic Improving
Big 5 Sporting Goods saw first quarter earnings fall 31.7% on a 4.4% comp store sales decline, but Steve Miller, BGFV’s chairman, president and CEO, said traffic and average selling prices had shown “meaningful improvement” since it provided its last upda
Brunswick Posts Q1 Loss as Sales Fall Nearly 50% for Period
Brunswick Corporation’s total sales for the first quarter were $734.7 million, a 45.4% decline from year-ago sales of $1.35 billion. The company said this drop was primarily the result of marine sales that had dropped 52.4% as weakness in the global marin
Excess Inventories at Retail Impact Unifi’s Third Quarter…
Unifi is seeing excess inventory at retailers and vendors work its way up to the suppliers. The company reported fiscal third quarter net sales fell 30.0% to $119.1 million compared to $169.8 million for the prior year’s fiscal third quarter. The cumulati
Van’s Palladini Elected SIMA President
The Surf Industry Manufacturers Association (SIMA) named Doug Palladini, vice president of marketing for Vans and previously a SIMA Board of Director, as its new president. to succeed Baker as the new president of SIMA. Palladini succeeds Dick Baker, who
Rossignol North America Reorganizes Staff
Rossignol Group's North American division announced a number of changes in jobs and responsibilities, mostly in marketing areas. Among the changes, Tait Wardlaw, formerly the VP of Brand and Sports Marketing for Dynastar and Lange, will now serve as
Acushnet’s Q1 Sales Slide 12.5%
Acushnet Co., the golf division of Fortune Brands, reported sales in the first quarter fell 12.5% to $347.0 million from $396.4 million a year ago. Operating earnings after charges for the group, which includes Titleist, Cobra and FootJoy, tumbled 82.5% t
Unifi Q3 Sales Fall with Slowed Consumer Spending
Unifi net sales for the third quarter ended March 29, 2009 were $119.1 million, which represents a $50.7 million decrease from net sales of $169.8 million for the prior year March quarter. Net sales were negatively impacted by…
Big Rock Sports Relocates Distribution Center
Big Rock Sports plans to relocate its Henry's Distribution Center to Hamlet, NC. This move will enable Big Rock Sports to expand from 170,000 square feet to 310,000 square feet of warehouse space. The new state-of-the-art facility will start receivin
Lakers’ Bryant Tops NBA’s List of Top Jersey Sales; LeBron Second
Los Angeles Lakers' Kobe Bryant has regained his spot on top of this year's list of most popular NBA jerseys. Bryant reclaimed the #1 spot, which he held in 2006-07, after being overtaken last year by the Boston Celtics' Kevin Garnett. The
Under Armour Beats the Street in Q1
Under Armour, Inc. got Wall Street excited again this week following the company’s report of first quarter results. Like the news media during a Barack Obama speech, analysts and investors were quick to buy into the numbers, conveniently ignoring the lac
Nordstrom’s First Alabama Store Cancelled
Nordstrom will no longer be opening its first Alabama store in the Riverchase Galleria in Birmingham, AL. Two years ago, the company announced its intentions to open a 143,000 square foot store in spring 2012. According to various media sources, General G
Escalade, Inc. Signs New Loan Agreement
Escalade, Inc. based in Evansville, IN, announced that, on April 30, 2009, it signed a new loan agreement with JP Morgan Chase Bank, N.A. (Chase) for a senior secured revolving credit facility. The agreement includes the waiver of the company's coven
Jarden Announces Closing of $300 Million of 8% Senior Notes Due 2016
Jarden Corporation announced the closing of its public offering of $300 million aggregate principal amount of 8% Senior Notes due 2016. The net proceeds to Jarden, after payment of underwriting discounts and other expenses of the offering, was approximate
Golf Datatech National Golf Rounds Played Report: Rounds Up Slightly in March
The Golf Datatech National Golf Rounds Played Report showed that in March, golf rounds played varied vastly between regions, with participation in the Pacific, Mountain, South Central and South Atlantic regions decreasing and participation increasing in t
Callaway Q1 Earnings Plummet in Tough Golf Market
Callaway Golf Company reported that net sales declined 25.8% to $271.9 million in the first quarter, compared to $366.5 million in Q1 2008. Net income fell 82.8% to $6.8 million, or 11 cents per diluted share, compared to $39.7 million, or 61 cents per d
