Russell Corporation reported fiscal 2003 first quarter net sales of $228.0 million, a 6% increase over the comparable period last year. The company also reported earnings per diluted share of $.11, a 38% increase over the comparable period last year, whi
Results for "M"
adidas Q1 Hit by Weak Dollar; U.S. Backlog Heading Lower
adidas-Salomon reported sales for the first quarter ending March 31, 2003 increased 2% to €1.67 bn ($1.8 bn). On a currency-neutral basis, sales grew 12%. The Group's net income increased 19% to €51 million ($55 million) in 2003. adidas revenues inc
Genesco Warns on First Quarter Sales and Earnings
Genesco Inc. announced that it currently expects to report total sales in the range of $190 million to $192 million for the first quarter ending May 3, 2003, compared to $190.6 million for the same period last year. The company also stated that total sam
Aldila Q1 Loss Narrows on 10% Sales Decline
Aldila Inc. net sales for first quarter fell 10.5% to $10.2 million as the net loss narrowed 15% to $169,000 ($0.03 per share) for three months ended March 31, 2003.
Saucony Doubles Q1 Profits on 12% Sales Gain
Saucony, Inc. announced net sales for the first quarter of 2003 increased 12.3% to $39.1 million compared to $34.8 million in the first quarter of 2002. Net income increased 100% to $2.6 million, or $0.42 per share on a diluted basis, compared to net inco
Aussie Apparel Adds Canadian Distributor
Aussie Apparel Group Ltd. announced that it has engaged NRI Distribution Inc. of Kamloops, British Columbia to handle the distribution of Aussie Apparel's Hot Tuna and Xisle brands in Canada. Aussie Apparel also announced that it has hired two new s
Foostar Delays 10-K Filing — Again
Footstar, Inc. said Wednesday that it would not file its Form 10-K for the fiscal year ended December 28, 2002 by April 30, 2003, as previously expected, because its financial statements continue to be under review by the company's external auditors,
Phoenix Footwear Q1 Profit Down 38% on 15% Sales Decline
Phoenix Footwear Group, Inc. announced net sales for the first quarter ended March 29, 2003 totaled $9.2 million versus $10.8 million for the first quarter of 2002. Net income for the quarter was $375,000 versus $605,000 for the year-ago quarter and earn
Spiegel to Close 60 Eddie Bauer Stores
The Spiegel Group announced its intent to close 60 under-performing Eddie Bauer stores as an integral part of a multi-phase reorganization process. These stores will remain open for business pending approval of the store- closing plan by the Bankruptcy Co
OP Signs Infant Furnishings License
Ocean Pacific Apparel Corporation announced it has formalized a licensing agreement with California-based Crown Crafts Infant Products, Inc., a leading infant furnishings and accessory veteran with 25 years in the business and established department, mass
Galyan’s Closes on New Five-Year Revolver
Galyan's Trading Company, Inc. has closed on a $250 million senior secured bank facility that will mature in April 2008. This new revolving credit facility replaces the previous $160 million revolving credit facility that was to expire on May 3, 2004
Vail Resorts Issues Fiscal Year Earnings Warning
Vail Resorts, Inc. announced that, based on its third quarter performance to date, the Company anticipates its financial results will fall below consensus analyst estimates for the quarter ending April 30, 2003 as well as for the 2003 fiscal year. Fiscal
Acushnet to Close Plant; Announces Layoffs
Acushnet, the Fortune Brands subsidiary that makes Titleist and Pinnacle golf balls and other products, announced last week it will carry out two rounds of layoffs. The company also said it would close a factory in Acushnet, MA…
Deckers Q1 Earnings Double as Sales Increase 9.0%
Deckers Outdoor Corporation announced first quarter net sales increased 9% to $36.1 million versus $33.3 million in the same period last year. Net earnings for the quarter increased to $4.2 million compared to earnings before a cumulative effect of change
K-Swiss Q1 Earnings Up 41% on 44% Sales Gain; Backlog Surges 63%
K-Swiss Inc.reported that net earnings for the first quarter of 2003 increased 41.1% to $13.6 million, or $0.72 per diluted share, compared to the prior-year period. Total worldwide revenues increased 43.7% to $115.9 million compared with $80.7 million i