If you pulled a Rip Van Winkle and went to sleep ten years ago and awoke just this last week, you would probably think that you had done so in some sort of bizarre world where VF Corporation, which relied on selling jeans to the value market and intimate
Results for "M"
Unifi Looks East for Growth; Will Reduce Acquired Invista Plant to Two Lines…
Unifi has been cutting costs and SG&A expenses through a series of lay-offs and abandoning unprofitable businesses to post its second straight quarter with an operating profit. UFI also cut its fiscal Q1 net loss in half to $1.3 million compared to a loss
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
Sierra Designs Parent Lowers Third Quarter Earnings Guidance…
Kellwood has lowered guidance for the third quarter and now expects net earnings to be in the range of $28.5 million, or approximately $1.00 per diluted share, which is roughly 12% below the guidance provided in August of $32.5 million, or $1.15 per share
Rocky Shoes and Boots Q3 Gains 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
Unifi Cuts Fiscal Q1 Net Loss in Half
Unifi reported a net loss from continuing operations of $1.3 million or $0.02 per share for the quarter ending September 26, 2004 compared to a net loss of $2.6 million or $0.05 per share for the prior year September quarter.
Net income, including discont
Outdoor Coalition Accounts for 69% of VF Corp. Q3 Sales Gain
VF Corp. reported that third quarter sales rose 25% to $1,792.6 million from $1,435.4 million in the year-ago quarter. Net income increased 24% to $155.4 million from $125.3 million, with diluted earnings per share rising 21% to $1.38 from $1.14. Combine
ProTech Inks Distribution Partnership with A16
ExtremeCare, Manufacturer of ProTech, is steadily growing with a new distribution partnership with Adventure 16 and the launch of a grassroots retailer support program. ProTech also recently added distribution with PacelineProducts in the bicycle market a
Oakley’s Net Down 15.6% Despite 2.2% Sales Increase
Oakley's third quarter net sales increased 2.2% to
$148.2 million, a third quarter record, compared with $145.0 million in the third quarter of 2003. Net income for the third quarter totaled $11.4 million, or 17 cents per diluted share, compared with
Huffy Corp. Receives Court Approval of Dip Financing
Huffy Corporation has received interim approval for certain of the Company's first day motions, including arrangements for up to $50 million in debtor-in-possession financing from Congress Financial Corporation to fund post-petition operating expense
Kellwood Warns on Q3, Full Year Sales and Earnings
Kellwood Company, parent company to American Recreation, now expects net earnings in the third quarter to be in the range of $28.5 million, or approximately $1.00 per diluted share, which is below the guidance provided in August of $32.5 million, or $1.15
Finish Line Announces Stock Split and Cash Dividend
The Finish Line, Inc. Board of Directors has declared a two- for-one split of the Company's Class A and Class B common stock. On November 17, 2004, stockholders will receive one additional share of common stock for each share of common stock they own
Kittery Trading Post Opens New Bike, Board and Ski Shop
Kittery Trading Post has expanded its outdoor sporting goods categories by opening a full service ski and snowboard shop located 200 yards south of its flagship store on Route One in Kittery, Maine, in the former Dansk Square Mall…
Huffy Corp. Files for Chapter 11 Bankruptcy Protection
Huffy Corporation announced Wednesday that the company and all of its U.S. and Canadian subsidiaries have filed voluntary petitions for protection under Chapter 11 of the U.S. Bankruptcy Code. Huffy has received a commitment for $50 million in debtor-in-
Foot Locker Acquires 11 Stores in Ireland
Foot Locker, Inc. has purchased 11 stores in Ireland from the Champion Sports Group Limited. The transaction, which was effected through a wholly owned Foot Locker subsidiary, will enable the company to operate these stores under the Foot Locker brand. In