Element 21 Golf Sees Strong Q2 Revenue Gains
Element 21 Golf Company reported revenues grew 52% in its second quarter ended Dec. 31, to $902,000 from $431,000 in the same year-ago period. The increase in revenue was mainly attributable to an increase in sales of the company's Carrrot Stix brand
Delta Apparel Raises FY10 Guidance Based on Higher Sales and Margins
Delta Apparel, Inc. raised its expectations of net sales and earnings for its 2010 fiscal year ending July 3, 2010. The parent of M.J. Soffe now expects net sales of $395 to $400 million compared to its prior guidance of net sales of $375 to $385 million.
Rosenlieb Joins Ellett Brothers
Ellett Brothers announces Dick Rosenlieb as Director of Merchandising for the Shooting Division. Rosenlieb joins the Ellett Brothers Family after 20 years of service with the National Wild Turkey Federation as Senior Vice President of Sales and Marketing.
NSSF: 16 Months and Counting as Demand for Firearms Continues
Data released by the FBI’s National Instant Criminal Background Check System (NICS) reported 1,243,211 checks in February 2010, ranking the month the second highest February (eighth highest month overall) for most NICS checks, according to a release
Foot Locker Launches 5-Year Growth Plan, Looks to Increase Focus on Run and Apparel
Foot Locker Inc. announced a series to strategies to reach a goal of annual sales of $6 billion and net income margin of 5% over the next five years. At an analyst meeting, Ken C. Hicks, its new chairman and CEO, said the new strategy includes a increased
Container Imports to Grow 17% in First Half
Container imports are expected to grow 17% in the first half of this year as retailers restock depleted inventories at a rapid pace, according to the latest estimates released by the National Retail Federation. The numbers indicate a true and sustained re
Online Sales to Grow at 10% Compounded Rate through 2015
The bulk of the retail sector's growth in the United States and the European Union over the next five years will come from the Internet, according to Forrester Research. US online retail will grow at a 10% compound annual growth rate (CAGR)and 11% in
Dick’s Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Dick’s SG Posts Modest Q4 Earnings Rise on 2.5% Comp Gain
Dick's Sporting Goods, Inc. reported an 8.3% gain in fourth-quarter earnings. Sales increased by 10.7% to $1.3 billion due primarily to a 2.5% increase in comparable store sales, the opening of new stores and the addition of e-commerce sales. The 2.5
Club Glove to Outfit RCGA
Club Glove, the maker of golf travel bags, club covers and accessories, will outfit the Royal Canadian Golf Association's (RCGA) Team Canada athletes with travel gear for the 2010 season…
Luxottica Slides in Fourth Quarter, but Oakley Shows Increases
Luxottica, which is the parent of Oakley and Sunglass Hut, reported consolidated sales were €1.15 billion ($1.71 bn) for the 2009 fourth quarter, down 6.4% (4.9% in constant-currency terms) from €1.23 billion ($1.62 bn) in the prior-year perio
Outdoor Coalition Wants Recreation to Play Bigger Role in U.S. Forest Service Planning
A coalition of national and regional outdoor groups, including Outdoor Alliance, Outdoor Industry Association, Appalachian Mountain Club, the Mountaineers and the Colorado Mountain Club, said it has submitted comments to the Obama Administration regarding
Urban Outfitters’ Q4 Earnings Jump 92%
Urban Outfitters, Inc. reported earnings rose 92% in the fourth quarter to $78 million, or 45 cents a share. Fourth-quarter comparable retail segment sales rose 9%, with total sales up 16% to $589 million…
February Comps Up 3.7% at Kohl’s
Kohl’s Corporation said total sales for the four-week month ended Feb. 27, 2010 increased 7.8% over the four-week month ended February 28, 2009. On a comparable store basis, sales increased 3.7%…
Nordstrom’s February Comps Up 10.3%
Nordstrom, Inc. reported a 10.3% increase in same-store sales for the four-week period ended Feb. 27, 2010 compared with the four-week period ended Feb. 28, 2009. Preliminary total retail sales of $539 million for February 2010 increased 14.5% compared wi
