On August 11, 2003, the Board of Directors of NIKE, Inc. declared a cash dividend of fourteen cents ($0.14) per share on its outstanding Class A Common Stock and Class B Common Stock payable October 1, 2003, to shareholders of record at the close of busin
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Cutter and Buck Settles SEC Probe; Ex-Execs Charged with Fraud
Cutter & Buck Inc. has finalized its previously announced agreement with the Securities and Exchange Commission (SEC), resolving the Commission's investigation of the company. The agreement provides for Cutter & Buck to comply with the financial repo
Nike Opens Golf RandD Center; June Retail Sales Double
Nike Golf unveils its first full-service and dedicated research & design facility for the development of performance golf clubs and the testing of both golf clubs and golf balls in Fort Worth, Texas. The company alos revealedits latest retail golf sales
Antigua First Half Sales Off 6.2%; Profits Down 48%
Antigua Enterprises Inc. reported net sales for the first half of 2003 totaled $19.8 million compared to $21.1 million in 2002. Net income for the half was $432,501 compared to $832,489 in 2002. As previously reported, the the company in late April comp
Gildan Gains Fiscal Q3 Sales, But Loses Profits on Weaker U.S. Dollar
Gildan Activewear Inc. reporteded fiscal third quarter net earnings of $31.3 million, or $1.05 per diluted share, up respectively 13.0% and 11.7% from $27.7 million or $0.94 per diluted share in the third quarter of fiscal 2002. The quarter comprised 14 w
The Bon-Ton Announces July and Second Quarter Sales
The Bon-Ton Stores announced comparable store sales for the four weeks ended August 2, 2003 increased 0.1%. Total sales for the month decreased 0.5% to $38.9 million versus $39.1 million reported for the same period last year.
For the second quarter, tota
U.S. Ski Areas Break Visits Record in Latest Season
According to the recently-released final 2002/03 Kottke End-of-Season Survey, U.S. ski areas tallied a record 57.6 million skier/snowboarder visits last season. The results post a 0.45% increase over the previous 57.3 million-visit record set in the 2000
Pacific Sunwear to Split Stock Again
Pacific Sunwear of California Inc. announced today that the company's board of directors had declared a three-for-two stock split…
Phenix and Bogner Join Forces
Longtime industry associates Phenix skiwear and Bogner of America are teaming up to strengthen both companies. Phenix and Bogner recently signed a service agreement designed to help Phenix cut operational expenses and enhance Bogner’s bottom line…
Prince Appoints New CFO
Prince Sports, Inc. announced the appointment of Dave Evins as Executive Vice President and Chief Financial Officer, reporting directly to George Napier, CEO. In addition to being a key part of the senior management team, Evins' scope of responsibili
Forrester Research Sees Online Sales 10% of Total Retail by 2008
While offline retail sales continue to struggle, online retail will grow at a steady 19% year-over-year growth rate, from $95.7 billion in 2003 to $229.9 billion in 2008, according to a new report from Forrester Research, Inc. Most significant, Forrester
Acquisitions Push Escalade’s Q2 Sales Up 55%
Escalade, Incorporated net sales in the second quarter increased 55% to $49.8 million and for the first half increased 59% to $78.9 million when compared the the same periods last year. Sporting goods sales increased 13% to $26.4 million due mainly to the
ICON Granted Stay in Crossbow Ruling
ICON Health & Fitness announced that this morning, the Federal Circuit Court of Appeals in Washington, D.C. stayed the injunction issued by the U.S. District Court in Seattle. The injunction, which would have prevented ICON from using the mark “CrossBow
Russell Beats the Street — Again…
Russell Corporation beat street earnings expectations for the seventh straight quarter last week, posting net income of $4.7 million, or 20 cents per share, compared to a loss of $6.1 million, or 19 cents per share in the year-ago quarter. Excluding char
K2 Gets the Checkbook Out — Again…
The latest deal to snag Worth Inc., which expands the K2 stable to 16 brands, is a strong complement to the April purchase of Rawlings. Worth should benefit quickly from K2’s manufacturing capabilities, while K2 benefits from Worth’s bat-making prowess..