Amer Charges Impact Net Income Line…
Amer Group reported that third quarter net sales declined 6.4% to €278.7 million ($340.8 mm) from €297.9 million ($335.6 mm) in the year-ago quarter. Net sales declined due to the withdrawal from the tobacco business in March. Foreign exchange rate mo
Cabela’s Hurt by Gift Card Delay; Still Posts 61% Jump in Q3 Net Income…
Cabela's Inc. saw comp stores sales decline 3.0% in the third quarter versus a comp store sales gain of 4.2% in the year-ago period, due in large part to a delay in the printing and mailing of a promotional gift card. Management estimated that comps
Phoenix Misses Guidance on Military Sales and Flat Organic Growth…
Led by the acquisitions of Altama Footwear, Phoenix footwear boosted its top-line by 110.9% to reach sales of $23.2 million in the second quarter of 2004. Sales at the Trotters, SoftWalk, H.S. Trask, and Royal Robbins brands generated flat organic growth
OR Highlights Green Companies…
Outdoor Retailer will be launching a new program designed to highlight manufacturers who are taking active steps towards making the outdoor industry more eco-friendly. The new ‘Green Steps’ program is designed to raise awareness on sustainability and show
PUMA Gets International Lift to Post Record Q3…
PUMA looked to the International markets a bit more in the third quarter to help post another record period, counting on the Americas to deliver a bigger piece of the revenue pie as Europe retail continues to challenge the industry. The company said the b
Skechers Swings to Q3 Profit, But Still Disappoints Street…
Skechers reported solid results for third quarter, swinging to a profit versus a year-ago loss, but the company missed analysts’ expectations by 25%, forcing Wall Street to pull the plug and sending SKX shares down 11.4% for the week to close at $11.04 on
Saucony Sees Backlog Slow While Fill-in Grows; Looks to Fix Crossover Product…
Saucony, Inc. posted another stellar quarter in Q3, driven by very strong shipments of mid-priced Crossover and Originals product into the mall channel. While there was cause for celebration for the current quarter, Wall Street pushed shares lower for th
K-Swiss Sees International and Fill-in Business Drives Q3 Margins, Profits Higher…
International is playing a bigger role in the success at K-Swiss Inc., a trend that is driving sales higher, building margin, and fueling bottom line gains. Wall Street reacted positively to the trend as they shook off concerns over a declining U.S. orde
Big 5 Gets Lift from Increased Traffic…
Big 5 Sporting Goods achieved a new milestone last week, opening their 300th store on their way to 309 stores by the end of the year. The new San Diego store joined three others in Q3 and one more since the start of the quarter. BGFV saw the additional
K2 Moves Dana Designs under Marmot’s Control
K2 Sports' Dana Design backpack and travel bag division will relocate in November from Vashon Island, WA, and operate under Marmot Mountain, LLC. in Santa Rosa, CA. Dana Design and Marmot products will continue to be developed and marketed as separat
Smith Optics Hires Surf Marketing Manager
Smith Optics has hired Scott “Pod” Banuelosis as surf marketing and promotions manager. Effective immediately, Pod will be responsible for all surf team management and marketing operations in Smith Optics’ San Clemente, California, office. Most recently,
ASICS America Files Trademark Suit
ASICS America Corporation and ASICS Corporation Japan have filed suit in Federal District Court in the U.S. District Court, Central District of California against Wanted Shoes, Inc. (Edison, New Jersey) for trademark infringement, unfair competition, trad
SGMA Elects New Board; Tom Rogge is Chairman
SGMA International is pleased to announce the election of a new chairman and vice chairman. The new chairman of the Board of Directors is Tom Rogge, president of Cramer Products, and the new vice chairman is Steve Furniss, EVP of TYR Sport, Inc. The forme
PUMA Q3 Results Set Company Record for GM and EPS
PUMA’s third quarter showed another outstanding performance with growth in consolidated sales of 16.5% on a currency-neutral basis, or by 14.6% to €461 million ($564 mm) in Euro currency. Gross margin hit a new high in Q3, coming in at of 52.8% of sales.
K-Swiss Q3 Net Earnings Up 37% on 12% Sales Gain; U.S. Futures Fall 10%
K-Swiss Inc. reported net earnings increased 36.9% to $20.7 million, or 57 cents per diluted share, compared with $15.1 million, or 40 cents per diluted share, in the prior-year period. Total worldwide revenues increased 12.0% to $135.8 million compared
