Timberland Work Boots and Smartwool Buoy Weak Q3
The Timberland Co. reported revenues declined 2.2% to $423.6 million in the third quarter ended Sept. 26 as declines in Timberland brand apparel were partially offset by currency translation, strong growth in Timberland PRO series work boots and SmartWool
Nike Footwear Expected to Meet Considered Design Standards by 2011
Nike said it expects all its footwear to comply with its Considered design standards by 2011 with apparel meeting the standard by 2015 and equipment by 2020. Achieving these goals would reduce Nike’s supply chain waste by 17%, while increasing its use of
Soffe’s Q1 Revenues Jump 20.8%
Delta Apparel said sales of its Soffe brand climbed 20.8% in its first quarter ended Sept. 27, with all of its distribution channels achieving double digit sales growth. Overall sales in the Delta's retail-ready segment, which also includes the Junkf
Cybex Issues Recall for Seven Treadmill Models
Cybex is recalling about 19,000 treadmills because they can speed up unexpectedly due to a malfunction with the lower control board, posing a fall hazard to consumers…
Billabong Raises Guidance Due to Falling Aussie Dollar
Billabong International upgraded its guidance due to the benefits of a falling Australian dollar. At the company's annual general meeting in Australia, Billabong CEO Derek O'Neill said that Billabong now was forecasting earnings per share growth
Escalade Suffers Q3 Loss; Sporting Goods Revenues Drop 39.8%
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. A net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior year…
Oakley Buoys Luxottica in Tough Third Quarter
Luxottica Group S.p.A. saw net sales increase 12.8% (at constant exchange rates) to reach €1.21 billion ($1.54 billion) in the third quarter ended Sept. 30, 2008, due in large part to the company’s acquisition of Oakley 11 months ago…
Jarden Outdoor posts 1.1% Sales Gain, Implements Hiring Freeze
Jarden Corp.’s Outdoor Solutions segment reported net sales of $620.1 million for the third quarter ended Sept. 30, up 1.1% from comparable revenues of $613.1 million for the year ago quarter. Segment earnings reached $83.6 million, up 15.1% from $72.6 mi
Backcountry.com Parent Reports Strong Q3 Growth
Liberty Media Corp. said that the e-commerce group of its Liberty Interactive Group, which includes Backcountry.com and Bodybuilding.com, had positive financial results in the third quarter and continued to grow at a rapid pace…
Volcom Revenues Increase 23% in Q3
For the 2008 third quarter ended Sept. 30, 2008, Volcom, Inc. had total consolidated revenue increase 23% to $111.7 million, compared with $91.0 million in the third quarter of 2007. Total revenue in the company’s U.S. segment, which includes revenue from
Cabela’s Q3 Revenues Up 12%
Cabela's Inc. reported total revenue for the third quarter ended Sept. 27, 2008 increased 11.9% to $611.8 million compared to $546.8 million for the third quarter of 2007. Retail store revenue increased 27.5% to $328 million on a same store sales dec
Timberland Q3 Revenues Slide 2.2%
The Timberland Co. reported third quarter revenues slid 2.2% to $423.6 million as declines in Timberland brand apparel were partially offset by strong growth in Timberland PRO series footwear and SmartWool. Net earnings rose 18.5% to $30.7 million, or 52
Real GDP Decreased 0.3% in Q3
Real gross domestic product (GDP) – the output of goods and services produced by labor and property located in the United States – decreased at an annual rate of 0.3% in the third quarter of 2008, according to advance estimates released by the Bureau of E
Timex Adds Athletic Marketing Group
Timex has joined into a partnership with Athletic Marketing Group for its sales ventures in the Midwest territory…
Snowbird Named Top Ski Destination by Outside Magazine
Outside Magazine has named Utah's AltaSnowbird as the top skiing destination in North America…
