We made a tongue-in-cheek projection in last week’s SEW that — due to the proliferation of minor press releases put out by the company the previous week – Oakley, Inc. was going to have one doozey of an earnings report for Q4 and full-year 2002…
Results for "M"
Ex-TNF Execs Settle SEC Fraud Charges…
The Securities and Exchange Commission had suggested that the former The North Face CFO, Christopher Crawford, former Sales VP Todd Katz and former regional sales manager Richard Tyrer overstated revenue and gross margins by falsely recognizing revenue on
… As The SEC Opens Vail Probe…
Vail Resorts, Inc. revealed that the SEC has issued a formal order of investigation with regard to how the resort tallies initiation fees for its private clubs…
TNF and NFL Drive VFC…
VF Corporation reported sales in the company's Outdoor businesses rose 17% in the fourth quarter and 3% in 2002. An increase of 22% in first quality sales of The North Face brand and an 11% increase in international Outdoor sales were partially off
Snowboard Drives Strong Season…
SIA reported that chain store sales for snow sports equipment and apparel were up 2.2% to $293.9 million for the 2002 season through December, when compared to the same period of 2001. Unit sales were behind last year, tracking down 9.3%…
Saucony “Back in Black” in 2002; Q4 Sales Up 31%
Saucony, Inc. announced net sales for 2002 increased 1% to $133.2 million, compared to $132.3 million in the comparable period of 2001. Net income increased to $5.2 million, or $0.85 per share on a diluted basis, compared to a loss of $940,000, or $0.15
Aldila Narrows 2002 Loss on Lower Sales
Aldila Inc. reported net sales for 2002 were $37.5 million, compared to net sales of $39.6 million in 2001. The company reported a net loss of $2.8 million ($0.57 per share) in 2002. Excluding the consolidation charge and the adjustments related to taxes
SIA: Hard Goods Sales Up 43.8% in Chain Stores
Chain store sales for snow sports equipment and apparel were up 2.2 percent for August through December compared to the same period of 2001. In dollars, that translates to $293.9 million in sales so far this year compared to
$287.6 million in 2001. The u
Burlington Industries Contender Tries Block on Buffett
The battle is on for control of Burlington Industries Inc., as a rival investor said Wednesday he has enough support to block Burlington's proposed sale to investment guru Warren Buffett…
Vail Resorts, Inc. Reveals SEC Probe
Vail Resorts, Inc. announced that the Securities and Exchange Commission (“SEC”) has informed the Company that the SEC has issued a formal order of investigation with respect to the Company…
Warren Buffett Wins Bidding for Burlington
Burlington Industries, Inc. and Berkshire Hathaway, Inc. announced Tuesday that they have executed a definitive agreement for Berkshire Hathaway to acquire Burlington Industries. Following emergence from Chapter 11, Burlington will operate as a wholly o
Collegiate Pacific Q2 Loss Narrows on 23% Sales Increase
Collegiate Pacific reported fiscal Q2 sales increased 23% to $3.5 million and the net loss for the quarter narrowed slightly to -$231,061…
Huffy Narrows 2002 Loss on 13% Sales Increase
Huffy Corporation announced earnings from continuing operations, for the year ended December 31, 2002, were $4.6 million or $0.38 per common share compared to a loss from continuing operations of $8.4 million or $0.82 per common share for the prior year.
The North Face Helps Offset Daypack Woes at VF Corp.
VF Corporation reported sales in the company's Outdoor businesses rose 17% in the fourth quarter and 3% in 2002. An increase of 22% in first quality sales of The North Face brand products and an 11% increase in international Outdoor sales in 2002 wer
Value City Adds New General Counsel
Value City Department Stores, Inc. announced that Julia A. Davis has joined the company in the newly created position of Executive Vice President and General Counsel…