Dominic Hasek will be bringing more than his goalie mask when he returns to the Detroit Redwings after a one-year retirement that didn’t take…
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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
Play It Again Parent Sees Q2 Revenues Decline 11%
Winmark Corporation announced $756,400, or $.12 per share diluted, compared to net income of $724,000, or $.12 per share diluted, in 2002.
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
Accounting Changes Wipe Out Sports Supply Fiscal Year Earnings Gains
Sports Supply Group reported net revenues for the fiscal year ended March 28, 2003 were $102.6 million as compared to $103.6 million the prior year. The decrease in revenues for the year was primarily attributable to lower revenues in the Company's
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
Wrightsock Adds Lifestyle Sales Group in Southwest
WRIGHTSOCK is proud to annouce that it has entered into a new relationship with Lifestyle Sports of The Woodlands, Texas…
Fleur d’hiver Retains Backbone for PR Effort
Fleur d’hiver, the Sun Valley based apparel company that designs and produces women’s technical lingerie, announced it has retained Backbone Media to spearhead its public relations efforts…
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
Thornton Takes President’s Post at Stride Rite; Adds Woodworth to Run Hilfiger
The Stride Rite Corporation has announced that Richie Woodworth has joined the Company as President of Tommy Hilfiger Footwear. He will report to the company's newly appointed President and COO, Richard T. Thornton. Thornton will report to David Cha
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