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
RECALL: Under Amour Protective Cups
Under Armour, Inc., in cooperation with the U.S. Consumer Safety Commission, has issued a recall for 211,000 protective athletic cups, which the company said can break if hit-thus posing an injury threat to the wearer.
Skechers Q1 Net Earnings Fall, but Beats Expectations
Skechers USA, Inc. net sales for the first quarter ended March 31, 2009 fell 10.8% to $343.5 million compared to $384.9 million in the first quarter of 2008. Net earnings for the first quarter of 2009 were $8.2 million versus net earnings of $32.8 million
Vail Resorts on EPA’s Top 50 Green Energy List
The E.P.A. has released its top 50 green energy list. Combined, these top 50 largest purchases amount to nearly 11.8 billion kilowatt-hours annually, which represents more than 70% of the green power commitments made by all EPA Green Power Partners. Inclu
Schoeller Textil Re-Hires P.R. and Marketing Manager
Schoeller Textil and Technologies U.S.A. has re-hired Shannon Walton as P.R. and Marketing Manger of North America. Walton spent the last year as the Retail and Rental Director of Crested Butte Mountain Resort…
Shoe Carnival Partners with Soles4Souls
Shoe Carnival and Soles4Souls are partnering for the second straight year on a promotion aimed at putting shoes on the feet of people who need them most. From May 6th through May 26th, all Shoe Carnival customers will have the opportunity to donate $1 dur
Orange 21 Gets Deficiency Letter from Nasdaq
Orange 21 Inc., which manages the SPY and SPY Optic brands, is applying to transfer its Nasdaq listing from the Nasdaq Global Market to the Nasdaq Capital Market as it no longer meets the continued listing standards for the Nasdaq Global Market…
Amer Sports Sees Q1 Loss Double on Americas Weakness
Amer Sports net sales decreased 2.1% to EUR 355.3 million ($465 mm)in the first quarter ended March 31. In local currencies, net sales decreased by 7%, with Winter and Outdoor net sales flat to the year-ago period, Ball Sports revenues decreasing by 8% an
The Forzani Group Establishes Long Term Growth Objectives
The Forzani Group Ltd. announced today that it has established long term growth objectives for the next four to five years. FGL's senior management team will discuss the Company's strategic plan and growth objectives at an Investor Day presenta
VF Corp. Q1 Net Income Falls; Outdoor Revenues Up
VF Corporation said on a constant currency basis, first quarter revenues were down 2%, net income decreased 25%, and earnings per share declined 24% to $1.01. Revenues on a reported basis decreased 7% to $1.73 billion, compared with $1.85 billion in the f
Ruger Q1 Results Skyrocket on Increased Demand; Dividend Declared
Sturm, Ruger & Company, Inc. reported net sales of $63.5 million and earnings per share of 30 cents, compared with sales of $42.5 million and earnings per share of 7 cents in the first quarter of 2008…
Broder Bros. Amends Terms of Exchange Offer
Broder Bros., Co. has amended certain of the terms of its pending exchange offer for all of its 11.25% senior notes due 2010. Such holders will now receive an amount in cash equal to $20.00 per $1,000 principal amount of the Existing Notes tendered, of wh
Fortune Brands Raises Q1 Outlook, Cuts Dividend
Fortune Brands Inc. the parent of Titleist, FootJoy and Cobra Golf, slashed its quarterly dividend by 57 percent but gave a much better-than-expected preview of first-quarter results. Despite the strong first quarter, the company kept its prior full-year
Cybex Records Q1 Loss as Sales Fall
Cybex International, Inc. reported sales for the first quarter fell 27.0% to $28.9 million for the period through March 28, compared to revenues of $39.8 million in the year-ago period. Management said the sales decline was due primarily to fitness clubs
OBIT: Charles Caravati, Founder of Dixie Sporting Goods Co.
Charles Caravati, founder of Dixie Sporting Goods Co., has passed away on April 25. Caravati founded Dixie Sporting Goods Company in 1952, and served as president until his retirement in 1987. He was also a former chairman of the board of the NSGA Board o
