Garmin Q3 Revenue Jumps 43%; Beats EPS Guidance by 13 Cents
Garmin posted record revenue and earnings for its third fiscal quarter ended September 25, 2004. Revenue increased 43% to $193.6 million from $135.6 million in the year-ago quarter. Net income was $67.1 million, or $0.62 diluted earnings per share, com
Nautilus Group to Consolidate Marketing Activities with Interpublic
The Nautilus Group has appointed a number of Interpublic Group companies, led by Foote Cone & Belding (FCB), to manage a consolidated worldwide advertising and marketing program beginning the fourth quarter of 2004. The agency assignment will be led by t
Cabela’s to Open Colorado Store
Cabela's Incorporated is in negotiations with Coors Brewing Company to build a massive 200,000-square-foot store in Wheat Ridge, Colorado, and plans to have it open for business by mid-2006. The store, to be built as part of a development along I-70,
Columbia Appoints Europe GM and Sorel President
Columbia Sportswear Company announced changes in its management staff. Paul Gils has been appointed General Manager Europe and Mike Prendergast has been promoted to President Sorel Division. Gils joins Columbia following a ten year career with Nike Europe
Big 5 Sees Q3 Net Income Jump 38% on 2.6% Comp Sales Gain
Big 5 Sporting Goods Corporation reported that net sales for the 2004 third quarter ended September 26 increased 6.8% to $195.8 million from $183.3 million in the third quarter of fiscal 2003. Same store sales increased 2.6% versus the same quarter last
Russell Appoints Matthias to Board
Rebecca Matthias has been named to the Russell Corporation board. Matthias is president and founder of Mothers Work, Inc., a publicly traded company that is the leading designer, manufacturer and marketer of maternity fashion in the U.S…
Bell Sports Inks Tony Hawk to Helmet Deal
Bell Sports has signed skateboard champion Tony Hawk to the company's roster of premier athletes wearing Bell helmets. Hawk will wear the Bell Faction helmet in 2004 and is working with Bell to design a signature line for 2005. Hawk is a six-time X G
Bravo Completes Variflex Acquisition
Variflex, Inc. and Bravo Sports, a privately held leading global manufacturer and marketer of branded and OEM hard goods, components and accessories for the skateboard and in-line skating markets, announced that Bravo Sports has completed the acquisition
Timberland Feeds Off Int’l Gains in Q3…
Timberland saw a larger portion of its sales come from the International segment market in the third quarter, thanks in large part to FX rates shifts in currency. The Consumer Direct business — while lagging the growth rate of the Wholesale business – w
Kryptonite Parent Company Takes $10 Million Hit from Lock Snafu…
Ingersol Rand, parent company to Kryptonite Locks, took a $10 million write down in conjunction with the BIC pen issue reported last month in BOSS_0438. Operating margins for the company’s Safety & Security segment declined from 21.2% of sales in Q3 2003
OR Launches ‘Green Steps’
Based on numerous discussions at Summer Market and recent industry interest, Outdoor Retailer will showcase and highlight companies that are taking active steps towards a healthy and greener outdoor industry. Making its debut at the 2005 Winter Market Gre
Rocky Q3 Fueled by Retailer Expansion…
Rocky Shoes & Boots is riding a two-tiered wave made up of increased military sales and aggressive expansion strategies among several key retail customers. RCKY third quarter sales increased 21.0% to $50.1 million in sales, with roughly 10%, or $5.1 mill
Huffy Corp. Files Chapter 11; Fights to Stay Alive…
Huffy and all of its subsidiaries have filed for voluntary protection under Chapter 11 of the U.S. Bankruptcy code citing liquidity issues, significant operating losses associated with portions of its former Canadian operations, increasing public company
Oakley Sees Soft Q3; Backlog Up 49% on ‘Thump’ Sales…
Oakley is counting on the success of its new ‘Thump’ sunglass/MP3 player and increased military sales to meet full-year 2004 guidance after posting a small 2.2% sales gain in the third quarter that was primarily fueled by its owned-retail business. Sungl
Judge Allows Suit Against Cabela’s…
A state District Court judge in Texas last week ruled that a taxpayers group may proceed with a lawsuit challenging Fort Worth's tax incentive package for Cabela’s, Inc. The Fort Worth Citizens for Responsible Government filed suit in September, cha
