SGB Sports & Fitness

Target April Comps Remain Steady

Target Corporation said net retail sales for the four weeks ended May 2, 2009 were $4.45 billion, an increase of 4.5% from $4.25 billion for the four weeks ended May 3, 2008. On this same basis, April comparable-store sales increased 0.3%…

Nike to Close San Jose, CA Store

Nike Inc. plans to close its store at Westfield Valley Fair shopping center in San Jose, CA on May 17, according to various media sources. The 5,000-square-foot location opened in June 2005…

Crocs Q1 Sales Drop; Net Loss Widens

Crocs, Inc. reported 2009 first quarter revenue was $134.9 million, down 32% from $198.5 million in the year ago period. The company reported a net loss of $22.4 million in the first quarter of 2009 with a diluted loss per share of 27 cents compared to a

Garmin Business Segment Cleared for Helicopter Use

Garmin International Inc., a unit of Garmin Ltd. said it has been granted the Federal Aviation Administration’s (FAA) first ever approved model list supplemental type certificate (AML-STC) for Wide Area Augmentation System (WAAS) avionics installed in a h

GSI Commerce Q1 Revenues Show Slight Increase

GSI Commerce Inc. reported that net revenues for the first quarter ended April 4 increased slightly to $196.5 million from $195.5 million in the year-ago period. Non-GAAP net revenues increased 14% to $106.3 million from $93.3 million Q1 last year. The l

Cabela’s Comps Up, but Finance Unit Sinks Q1 Net

Mirroring a pervasive market trend that has emerged as a common thread for nearly all outdoor retailers, Cabela’s Inc. reported first quarter revenues were driven by notable strength from strong firearms and ammunition sales. However, despite any improve

U.S. Sec. of Interior Creates Office of Youth…

Secretary of Interior Salazar has created a new Office of Youth. The new office will coordinate a department-wide youth program to introduce young Americans from all backgrounds to national parks and monuments, refuges, public and tribal lands and to prom

Teva Partners with Outdoor Foundation and IMBA

Teva, a division of Deckers Outdoor Corporation, and The Outdoor Foundation today announced a new partnership effort aimed at broadening the outdoor community by engaging new audiences and industries in nature-based activities…

Sig Sauer Inks Contract with Army

Sig Sauer, Inc. said it has secured a multi-year contract to provide pistols to the U.S. Army's Material Command. The potential value for all quantities and the related customer support package is $306 million. The initial order of 55,890 units is to