Crocs Posts Q1 Loss
Crocs Inc reported sales slumped 16.1 percent in the first quarter, to $262.2 million, in line with expectations. On a currency-neutral basis, revenue decreased 8 percent. The company showed a loss of $6.0 million, or 8 cents a share, against a profit of
Nike Plans U.S. Manufacturing Jobs If Trade Measures Approved
Nike Inc. announced its intention to accelerate investment in advanced footwear manufacturing in the United States, if a Trans-Pacific Partnership (TPA) is passed and finalized. In a statement put out Friday, hours before President Barack Obama is to spea
Johnson Outdoors Reports Strong Growth at 3 of 4 Units in Fiscal Q2
Johnson Outdoors Inc. reported net sales increased 7 percent to $133.1 million in the fiscal second quarter ended April 3 compared to a year earlier, driven by growth at it Marine Electronics, Watercraft and Outdoor Gear units. Foreign currency translatio
Fox Factory Says RaceFace/Easton Propped up First Quarter Bike Sales
Fox Factory Holding Corp. reported its sales of bicycling components grew 5.7 percent in the fiscal first quarter ended March 31 as the addition of sales from RaceFace/Easton Cycling more than offset declining sales of its mountain bike (MTB) suspension p
Backcountry.com Grew Full-Price Sales in First Quarter
Backcountry.com grew revenues and profits in the first quarter ended March 31 by deriving a higher percentage of its sales from its full-price sites compared with a year ago, Liberty Venture Group reported…
Gaiam’s Say Decision to Trim Catalog Resulted in Flat Q1 Sales
Gaiam Inc. reported its decision to prune its catalog caused its net revenue to come in flat in the first quarter ended March 31 compared with a year earlier…
Merrell’s President Exits
Wolverine World Wide Inc. confirmed that Gene McCarthy, Merrell brand’s president since August 2013, had left the company, effective May. 4. Jim Gabel, president of Wolverine’s Performance Group, has assumed day-to-day leadership of the brand.
Nike to Boost U.S. Production If Trade Measures Approved
In what took many labor advocates by surprise, Nike Inc. put out a statement on Friday saying it intended to accelerate investment in “advanced footwear manufacturing” in the U.S., if a Trans-Pacific Partnership (TPP) is passed and finalized..
Glukos Signs Tobin Heath as Brand Ambassador
The Glukos Company Inc., a natural performance energy foods brand officially launching in May, announced the signing of United States Midfielder Tobin Heath. Heath, a two-time Olympic gold medalist, three-time NCAA champion, World Cup silver medalist…
The Buckle’s Comps Slide in April
The Buckle, Inc. announced that comparable sales decreased 3.8 percent in April…
Phoenix Footwear Shows Small Loss in Q1
Phoenix Footwear Group, Inc., the parent of Trotters and SoftWalk, reported first-quarter sales grew 16.7 percent to to $6.7 million from $5.7 million a year ago…
Dorel Sports Reports Sluggish U.S. Clipped Q1 Sales Growth
Dorel Sports sales grew approximately 3 percent in currency-neutral terms in the first quarter ended March 31 as success overseas was tempered by the U.S., where bicycle sales slipped below year ago levels in January but got back on plan in March and Apri
CODI CEO Expects Consumer Businesses to Grow FY15 Earnings Despite Q1 Decline
Compass Group Diversified Holdings Inc. joined a growing number of companies that insisted their sporting goods businesses to deliver earnings growth this year despite lower than expected first quarter results…
Fitbit Files for Initial Public Offering
Fitbit, the fitness tracker, has filed for an initial public offering of up to a $100 million. The company will trade on the NYSE under the ticker FIT…
Boot Barn Opens Store in Oxnard, CA
Boot Barn Holdings, Inc. has relocated its Ventura store to a brand new, bigger and better location in Oxnard…
