Gander Mountain Sees Upside in Newer Warehouse Formats, Southern States…
Gander Mountain Company reported sales and earnings results for the first time as a public company, but the earnings picture that looked brighter at year-end just before its very strong IPO fell back into the red again as the net loss widened more than 21
Johnson Family Extends $18 Per Share Offer
Johnson Outdoors announced that Helen Johnson-Leipold, Chairman and Chief Executive Officer, and Samuel C. Johnson, majority shareholder and director of Johnson Outdoors, are extending their non-binding proposal to acquire the outstanding public shares of
AKU enters U.S. Market
AKU, Trekking and Outdoor Footwear, with headquarters in the Montebelluna region in Italy, has named Joe Guglielmetti General Manager for its U.S. operations. Guglielmetti will be responsible for overseeing sales, marketing, and distribution in the U.S. o
Nordstrom Earnings Climb 153%
Nordstrom reported net earnings of $68.7 million, or $0.48 per diluted share, for the first quarter of 2004. For the same period last year, net earnings and earnings per diluted share were $27.2 million and $0.20, respectively. 2004 results include $20.
Stage Stores Net Income Climbs 41%
Stage Stores reported that net income for the first quarter, 2004 increased 41.0% to $18.9 million from $13.4 million for the prior year first quarter. Due to the higher number of diluted shares outstanding in this year's first quarter versus last ye
Egeck Named President of Outdoor – North America at VF
VF Corporation announced changes in leadership designed to support the continued growth and expansion in its Outdoor Coalition. Mike Egeck, currently President of The North Face, has been named President of Outdoor – North America. In his new role, Egeck
Hibbett Q1 Net Income Jumps 53.4% on 8.8% Comp Sales Gain
Hibbett Sporting Goods reported that net sales for the first quarter ended May 1, 2004 increased 21.3% to $96.5 million compared with $79.6 million for the year-ago period. Comparable store sales increased 8.8%. Net income increased 53.4% to $8.1 millio
Torpedo Sports to Liquidate Subsidiary
Torpedo Sports USA, Inc. has evaluated the future business prospects for its children's snow products and related business conducted by its wholly owned subsidiary, Torpedo Sports, Inc. of Canada, as previously announced on February 4, 2004. Followi
Big Dog Holdings Q1 Loss Widens on Acquisition Expenses
Big Dog Holdings, Inc. reported consolidated net sales for the first quarter ended March 31, 2004 were $21.9 million as compared with $15.4 million in the first quarter 2003. Consolidated retail store sales increased 43% due to the addition of $5.3 millio
The Finish Line Issues Statement After Foot Locker CEO Makes Charge
The Finish Line, Inc. issued a press release late Thursday in response to comments made by Foot Locker chairman and CEO Matt Serra on a conference call with analysts following FL's Q1 earnings release. Finish Line said they issued the statement due
Buck Knives Announces Early June Groundbreaking for New Facility
Executives of Buck Knives Inc. signed documents to commence construction on their new headquarters in Post Falls, Idaho, marking the first step toward moving their manufacturing facility from it's current home in El Cajon, CA. A staggered transition
SGMA: Apparel Sales Down on Declining Prices
Consumer spending for sports apparel declined 2.1% in 2003 to $37.0 billion, according to research by The NPD Group, but other signs indicate that consumer enthusiasm for casual, sporty clothing is on the increase. Consumers actually purchased 3% more it
NRF: More Than Half of Consumers Affected by Higher Gas Prices
Just as the retail landscape started to stabilize, rising prices at the pump are shifting consumers’ spending habits once again. Although nearly half of consumers (43.2%) do not believe gas prices will have a major impact on their spending, others are cho
Ross Stores first Quarter Sales Jump 13%
Ross Stores reported earnings per share for the 13 weeks ended May 1, 2004 of $.32, compared to $.32 for the 13 weeks ended May 3, 2003. Net earnings in the first quarter of 2004 were $48.5 million, compared to $49.3 million in the prior year period. Sale
Heyne Appointed President of Nautica Jeans
Nautica announced that Christopher H. Heyn, President, Nautica Men's Sportswear has expanded his role and will assume responsibility for the Nautica Jeans company. Mr. Heyn's title is President, Nautica Sportswear and Nautica Jeans Company. In t
