Results for "M"

Galyan's Trading Company, Inc. reported a GAAP net loss of $2.6 million, or $0.15 per share, for the first quarter of fiscal 2003 compared with a GAAP net loss of $414,000, or $0.02 per share in the prior year's first fiscal quarter. Net sales

Phoenix Footwear Group, Inc. has signed a letter of intent to acquire H.S. Trask & Co., a Montana-based designer of men's casual boots and shoes. The transaction consideration consists of cash and Phoenix Footwear stock. Under the terms of the tran

Oakley, Inc. has settled two previously announced patent and intellectual property lawsuits pending against Luxottica Group S.p.A. and its subsidiaries. Neither party admitted to any wrongdoing in either case, and all claims and counterclaims were releas

The United States District Court for the Western District of Washington sided with ICON on Wednesday in all matters before it, denying Nautilus' request for an injunction against ICON in continuing to sell the CROSSBOW and further ruling the CROSSBOW

ShopKo Stores, Inc. announced sales and earnings for the first quarter ended May 3, 2003. Consolidated sales were $707.9 million compared with $728.8 million for the same period last year. Comps decreased 2.7%. Net loss for the quarter was $1.1 million

O'Neill Clothing President Kelly Gibson announced that the brand will add swimwear and girls 7-14 categories to their juniors line as it continues an explosive pattern of growth.
The company reported that junior sales were up 44% in the first quarter

Sport-Haley, Inc. rode the success of its Ben Hogan apparel brand to a 26% increase in sales for the fiscal third quarter ended March 31, 2003, while narrowing its quarterly loss by 75% in the process…

Kellwood Company will be developing an urban athletic line of apparel for Run Athletics, LLC, a brand created and owned by Reverend Run, founder of Run DMC, and his brother, entrepreneur Russell Simmons…

Fila has extended its endorsement agreement with baseball star Barry Bonds through 2006. The deal extends the company’s relationship with the future Hall of Famer through 2006 and supports it continued commitment to the cross training category…

Pop diva Britney Spears and Skechers USA have settled their respective actions against each other in a deal approved last week by a federal judge in Los Angeles.
The terms of the settlement deal were not revealed…

As K2 and Russell push back from the table to digest their recent acquisitions, the consolidation wave in sporting goods continues unabated as Escalade Sports moved last week to acquire the assets of North American Archery Group LLC out of bankruptcy cour

• Stores average 5951 square feet. Stores opened during 2003 averaged 4800 square feet.
• Now plans to open 50 doors in 2004. This will result in an increase in square footage of 7% – 8%.
• Typical store carries 600-700 styles and 10,000+ pai
  

• Domestic (wholesale) sales were $147 mm vs. $185 mm in Q1 2002, declining to 71% of total sales from 76% in the year-ago quarter.
• Expect to open 25-30 new doors in 2003, six of which have been opened to date.
• Expect Q2 sales to be $200 mm
  

• Sold 4.5 mm pairs in the quarter.
• Average selling price decreased to $24.71 from $25.20 in Q1 2002.
• Classics business increased 58%.
• Margins decreased to 43.5% from 44.7 % due to “recognition of guaranteed royalty payments to National
  

• Average store is 11,600 sf, with $2.7 mm annual sales and has 30,000 pairs of shoes in inventory.
• Plans to open 40 doors in 2003 and expand at 20% per year thereafter. All stores are leased.
• Focused on growing Women’s non-athletic.