Pre-Trial Ruling In Patent Infringement Case Falls In Johnson Outdoors Favor
JOHNSON OUTDOORS announced a major pre-trial ruling in accordance with the Company’s position in its patent infringement case against Confluence Watersports, owned by American Capital Strategies (ACS). The ruling issued by the Federal District Court in P
Mossimo Sales Up, Income Down
Mossimo reported fourth quarter 2003 revenue increased 15%
to $3.0 million compared to $2.6 million for the same period last year. The Company reported fourth quarter 2003 net earnings of $693,000 compared to net earnings of $5.4 million for the same peri
Bell Canoe Stays Involved and Wins Vendor Award
Bell Canoe Works had a busy year in 2003 with community involvement, sponsorships, and awards. Meanwhile, the rapidly growing canoe and paddlesports accessory company continues construction on its new plant. Bell will move into its new home beginning in A
adidas-Salomon Q4 Net Declines 6.9% on Double-Digit Sales Decrease
adidas-Salomon reported the 2003 fourth quarter sales declined 4% on a currency-neutral basis “mainly as a result of unfavorable comparisons with the prior year period, where sales in North America and at TaylorMade-adidas Golf were particularly strong”.
Veltex to Acquire Embroidery Firm
Veltex Corporation has signed a letter of intent to purchase MKL, Inc., Anaheim, California, in a cash plus stock transaction. MKL, a private company, specializes in embroidery of logos and other designs on caps and garments for the promotional products i
Vail Resorts Reports Record Q2
Vail Resorts announced financial results for Q2 of 2004. Mountain revenue was $201.4 million, a 6.9% increase from $188.4 million for the comparable period last year. Mountain expense increased $3.4 million, or 2.7%, to $126.9 million. Lodging revenue for
National Geographic Adventure Appoints New Account Manager…
Brigitte Baron has been appointed account manager of the Northwest region for National Geographic Adventure magazine. Formerly the magazine's New England account manager, Baron is relocating this week from New York to Adventure's Los Angeles off
American Skiing Company Weathers Difficulties at Eastern Resorts
American Skiing Company announced its financial results for its second fiscal quarter and six months ended January 25, 2004. The Company reported improved financial performance at its western resorts that has helped mitigate the impact of challenging wea
Hibbett Posts 36.7% Net Income Gain in Q4
Hibbett Sporting Goods, Inc. reported net income for the fourth fiscal quarter increased 41.3% to $6.5 million compared with $4.6 million in Q4 last year. Earnings per diluted share increased 36.7% to 41 cents from 30 cents in the prior year. Net sales i
Quiksilver Fiscal Q1 Net Up 40% on 33% Sales Gain; Raises 2004 Guidance
Quiksilver, Inc. announced consolidated revenues for the first quarter of fiscal 2004 ended January 31, 2004 increased 33% to $256.1 million compared to $192.1 million for the year-ago period. Consolidated net income for the Q1 increased 40% to $9.2 milli
Target Corp. May Sell Off Mervyn’s and Marshall Field’s
Target Corporation announced that it will review strategic alternatives for its Mervyn's and Marshall Field's divisions. Goldman Sachs has been engaged to advise the Corporation in this review. In 2003, Mervyn's generated $3.6 billion in r
Yue Yuen Posts 35.8% Profit Increase for Q1
Yue Yuen Industrial Holdings Limited announced its unaudited consolidated results for the three months ended 31st December, 2003. Turnover and net profit increased year-on-year by 5.4% to US$644.7 million and 35.8% to US$93.9 million respectively…
Muellers Finalize Crested Butte Purchase
Tim and Diane Mueller, owners of Okemo Mountain Resort in Ludlow, VT and operators of Mount Sunapee Resort in Newbury, NH are pleased to announce that the purchase of Crested Butte Ski Resort in Colorado from the Callaway and Walton families and it subsid
Element Skateboards Hosts Philanthropic Fundraiser for Elemental Awareness
Element Skateboards announced plans to host the first annual philanthropic fundraiser benefiting Elemental Awareness. The event, called compressionSF, will be held on March 18, 2004 at popular San Francisco venue Suite one8one and will mark the organizati
Callaway Golf is Market Share Leader for 2003
According to 2003 figures released by Golf Datatech Callaway Golf continued to lead the woods market in both units sold at 18.0% and revenues earned at 24.0% and topped the irons market with 17.2% of the units sold and 26.1% of revenues. This marks the se