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Nautilus Trips Over Bowflex Declines…

The Nautilus Group saw shares fall another 12.1% this week to close at $10.64 on Friday after the company issued a warning on Wednesday that Q2 and full year sales and earnings would fall short of expectations…

Galyan’s Saw Shares Fall 18%

Galyan’s Saw Shares Fall 18% for the Week to close at $11.49 on Friday after the retailer warned on Wednesday that second quarter earnings would suffer from comp store sales that are now seen in the –8% to –10% range. The street jumped on the news with n

Shoe Carnival Shares Were Off 5.8%

Shoe Carnival Shares Were Off 5.8% after the retailer warned that lower traffic in the stores would push sales lower than expected for the second quarter and warned that earnings are now expected to be in the range of 10 cents to 13 cents per diluted shar

Nautilus Appoints New CEO; Cook Retains Board Chair

The Nautilus Group, Inc. announced that Gregg Hammann has joined Nautilus as President and Chief Executive Officer effective immediately. Brian Cook, current Chief Executive Officer and Chairman, will continue with the company as Chairman…

Nautica Sees Fiscal Q1 Profit on 10.6% Sales Increase

Nautica reported net sales for the first quarter ended May 31, 2003 increased 10.6% to $139.2 million compared with $125.9 million in the first quarter last year. Sales in the wholesale segment grew 12.4% to $107.1 million compared with $95.3 million in t

Huffy Corp. Announces New Euro Golf Structure

Tommy Armour Golf and RAM Golf announced a new business structure to manage the Company’s operations throughout the European Market. James Wilson has been appointed Managing Director, Europe for Tommy Armour Golf. Graeme Stevens of UK Golf Services will

Prince Opens New European HQ in London

Prince Sports, Inc. announced the opening of its new European headquarters, Prince Europe, Ltd, in London, from which the Prince European, Middle East and African businesses will be managed. VP/GM Mike Ballardie and Finance and Operations Director Darren

Wolverine Q2 EPS Up 9.5% on 8.7% Revenue Rise

Wolverine World Wide, Inc. reported that second quarter revenue rose 8.7% to $184.0 million compared to $169.3 million reported for the second quarter of 2002. Earnings per share improved to $0.23 per share compared to $0.21 per share reported for the sa

Galyan’s Warns On Weaker Second Quarter Results

Galyan's is now warning of much weaker-than-expected Q2 results, blaming a weak economy, bad weather and poor apparel and shoe sales. The company expects sales in the range of $160 million to $164 million for the quarter and comps to be down in the

Nautilus Warns on Q2 and Full Year Results

Nautilus Group Inc. slashed its outlook for the second quarter and fiscal 2003, citing increased competition which hurt its Bowflex product line and soft consumer spending amid the weak market. The company now expects to report second quarter net sales in