Bite Launches Retail Staff Training Program
Bite is introducing the “Bite Certified” retail sales training program to ensure that retail staff and, ultimately, consumers understand the many important features of Bite Golf shoes and sandals. The program emphasizes the Bite brand as “better shoes at
Aldila Income Jumps 43% due to 16% Sales Increase
Aldila net sales were $17.8 million and net income was $3.3 million, or 61 cents fully diluted per share for the three months ended March 31, 2005. This is a 16.3% increase in sales compared to the 2004 first quarter, when the Company had net sales of $15
VF Outdoor Division Q1 Profits Up 133% on 13% Organic Growth
VF Corporation reported first quarter sales rose 9% to $1.56 billion from $1.43 billion in the year-ago quarter. Net income increased 18% to $122.9 million from $103.9 million, with earnings per share rising 15% to $1.07 from 93 cents per share. The acq
Greg Norman Collection Posts 20% Sales Increase
Greg Norman Collection announced that its net sales increased 20% in its first quarter ended March 31, 2005. This represents the ninth consecutive quarter of double-digit sales growth for the company. The company also reported improved operating profits f
Brunswick Q1 Earnings Nearly Double On 17% Sales Increase
Brunswick Corporation reported net earnings of $94.6 million, or 96 cents per diluted share, for the first quarter of 2005, up 97.1% from net earnings of $48.0 million, or 50 cents per diluted share, for the year-ago quarter. Results for the first quarter
Deckers Shows Solid Q1 Performance, But…
Despite hitting its estimates for sales and earnings for Q1, Deckers saw its shares plunge 25% last week after the company started to show some weakness in its core Teva business. Analysts may also be spooked a bit by the reliance placed on the UGG brand
Wolverine Sees More Balanced Results, But Outdoor Still Driving Growth…
Wolverine World Wide, Inc. got fairly balanced performances from each of their divisions in the first quarter ended March 26, with all groups reporting “solid” revenue growth and double-digit earnings gains for the period, but the Outdoor Group, which inc
Schoeller Expands Production and Headquarters
Over recent years, Schoeller’s concern over space restrictions has been consistently growing. In response to this need, expansion began at its weaving mill, as well as the entire dye works and finishing department at the Swiss headquarters. In addition, a
K2 Takes Q1 Hit on Higher Operating Expenses; In-Line Weakness Hurts Growth…
K2’s diversification seems to be paying off by balancing the seasonality of the different businesses and compensating for any unseasonable weather-related issues that have been plaguing many other manufacturers. Still, the balance didn’t help the bottom l
OIA Follows-Up on Capital Hill…
Outdoor Industry Association’s efforts on Capital Hill last week are producing some tangible results with two separate “dear colleague” letters circulating through the House and Senate urging members of Congress to restore funding to the Stateside Land an
Reebok Posts 5.1% Net Income Gain in First Quarter
Reebok International Ltd. reported that net income for the first quarter ended March 31 increased 5.1% to $43.2 million, or 70 cents per diluted share, compared to net income of $41.1 million, or 63 cents per diluted share, for the first quarter of 2004.
Zumiez Prices IPO; Shareholders Will Get 35% of Proceeds…
Zumiez, the 140-door action sports retailer that is gearing up for an Initial Public Offering, filed an amended S-1 with the SEC on Thursday pricing 1.875 million shares in the $15 to $17 per share range. At that range, the IPO would raise between $28.1
Stearns, Inc Acquires Leading Wader Company
Stearns® Inc., a division of K2 Inc., has acquired Hodgman,® Inc., a company founded in 1838, that K2 says is the market leader in unique and innovative waders and wading accessories. Hodgman products include the Guidelite®, Wadelite®, Lakestream®, Brig
LaSportiva Diversifies with Trail Running
According to a recent report by the Leisure Trends Group, La Sportiva, with roughly 45% YTD growth in the category, leads the list of fastest growing Trail Running shoes sold in Outdoor Chain Stores, and similar results in Specialty Outdoor shops…
Sportsman’s Guide Raises Guidance on Strong Internet Sales
The Sportsman's Guide net sales and fully diluted EPS will be higher than current average estimates and well above the levels reported one year ago. Net sales for the quarter are now expected to be in range of $63 to $64 million, compared with net sa
