Everlast Worldwide Inc. reported net sales for its first quarter ended March 31, 2003 were $12,355,283 as compared to $15,734,596 reported in 2002. Net income available to common stockholders (after giving effect to the redeemable preferred stock dividen
Results for "M"
Target Corp. Q1 EPS Flat on 7.6% Sales Gain
Target Corporation reported earnings per share for the first quarter ended May 3, 2003 were flat at 38 cents, compared the first quarter last year. First quarter net earnings increased 1.3% to $349 million, compared with $345 million in 2002. Total reve
Federated Q1 EPS Down 44% on 4.7% Sales Decline
Federated reported sales for the first quarter of 2003 totaled $3.3 bn, a decrease of 4.7% from sales of $3.5 bn in the same period last year. On a same-store basis, Federated's year-to-date sales were down 5.0%. FD reported diluted earnings per sh
Quiksilver Raises Q2 Sales and Earnings Outlook
Quiksilver, Inc. announced that it expects second quarter fiscal 2003 sales to range between $257 million and $259 million, compared to $187 million for the same period last year. The company aslo expects to exceed analysts' earnings estimates for t
Sport-Haley Narrows Fiscal Q3 Loss on 26% Sales Gain
Sport-Haley, Inc. reported net sales for the fiscal third quarter ended March 31, 2003 increased 26% to $5.5 million, from net sales of $4.4 million for the year-ago quarter. Net loss for the quarter was approximately ($79,000), an improvement of $241,00
Just for Feet’s Gilburne Pleads Guilty in Fraud Case
The fed’s got the first of the Just for Feet gang on Monday, with former president Adam Gilburne pleading guilty to charges of that he and others devised a scheme to artificially inflate Just for Feet's financial condition. He could receive up to fi
Cybex Posts Q1 Loss on 9.0% Sales Increase
Cybex International, Inc. reported net sales for the quarter ended March 29, 2003 were $20,608,000, representing an increase of 9% compared to net sales for the first quarter of 2002 of $18,913,000. The net loss for the quarter was $1,787,000, or $0.20 p
LaCrosse Narrows Q1 Loss as Sales Decline 12.9%
LaCrosse Footwear, Inc. reported net sales for the first quarter ended March 29, 2003 decreased $2.9 million, or 12.9%, to $19.9 million from $22.8 million for the same period in 2002. The net loss for the quarter was $0.6 million, or $0.11 per share, com
Fila Extends Bonds Deal; Partners with Footaction on Show Launch
Fila has extended its endorsement agreement with baseball star Barry Bonds through 2006. The deal with Bonds represents will enable Fila to expand its cross-training business with Footaction, debuting an exclusive Bonds product launch there during the Al
Colabuono Expands Role at Pride/Softspikes
Pride/Softspikes announced that Scott Colabuono has been named Chief Operating Officer. Colabuono, who joined Pride in 2002 as Chief Financial Officer, will continue in this capacity while assuming the responsibilities of COO for the company…
Layne Rigney to Lead Franklin Resource Sales Effort
Franklin Resource Group has hired industry veteran Layne Rigney as VP of Sales and Marketing. Rigney brings over twelve years of experience in the sporting goods, outdoor, and cycling markets. Rigney is joining Marty Lillis' Franklin Resource Group
Footstar to Delay First Quarter 10-Q Filing
Footstar, Inc. on Friday said that, based on the ongoing review of its financial statements by its external auditors, KPMG LLP, the Company will not file its Quarterly Report on Form 10-Q on May 13, 2003, when it is otherwise due…
Fila Sees U.S. Q1 Decline Despite Apparel Strength
Fila Holding S.p.A. reported Worldwide revenues for the first quarter were EUR206.2 million, down 20% (-10% in constant currency) from EUR258.7 million in the corresponding period of 2002. Sales in the U.S. were EUR75.8 million in the quarter, decreasing
Hilfiger Prevails in Suit Against Goody’s
A U.S. District Courtin Georgia has awarded Tommy Hilfiger damages in the amount of approximately $11 million plus attorney's fees and costs in its action against Goody's Family Clothing. The award consists of $2.1 million in damages for the sa
adidas Sued by Veggie Group for Roo Shoes
Vegetarians International Voice for Animals filed a lawsuit Wednesday against adidas using a California law intended to protect endangered species. adidas is countering the charge by pointing out that while the company makes shoes using kangaroo leather,