Weyco Group Earnings Fall 18.6%
Declining sales and rising costs contributed to an 18.6% decline in third quarter earnings for Weyco Group Inc. The manufacturer of men's shoes said net income fell to $4.34 million, or 37 cents a share, from $5.33 million, or 45 cents, last year. Sa
Escalade Suffers Q3 Loss on Drop in Sporting Goods Revenues
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. ESCA posted a net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior yea
Cybex Announces 1 Million Share Stock Repurchase Program
Cybex International, Inc.'s board of directors has authorized the repurchase of up to 1 million shares of its common stock. The repurchases may be in the open market or through privately negotiated transactions and will depend upon various factors, i
Oakley Boosts Luxottica in Tough Third Quarter
Luxottica Group S.p.A. saw net sales increase 12.8% (at constant exchange rates) to reach €1.21 billion ($1.54 billion) in the third quarter, due in large part to the company’s acquisition of Oakley 11 months ago…
Timberland Work Boots and Smartwool Buoy Weak Q3
The Timberland Co. reported revenues declined 2.2% to $423.6 million in the third quarter ended Sept. 26 as declines in Timberland brand apparel were partially offset by currency translation, strong growth in Timberland PRO series work boots and SmartWool
SCARPA Centralizes U.S. Headquarters
Just two years after taking over its U.S. operations, SCARPA North America is taking its fulfillment operations in-house and consolidating its warehouse, shipping/receiving facilities and warranty/repair division at it new headquarters located in Boulder,
Billabong Raises Guidance Due to Falling Aussie Dollar
Billabong International upgraded its guidance due to the benefits of a falling Australian dollar. At the company's annual general meeting in Australia, Billabong CEO Derek O'Neill said that Billabong now was forecasting earnings per share growth
Escalade Suffers Q3 Loss; Sporting Goods Revenues Drop 39.8%
Escalade, Inc.'s revenues for the third quarter dropped 32.8% to $40.8 million from $60.7 million in the prior year. A net loss of $1.4 million, or 11 cents per share, compared to net income of $3.1 million, or 24 cents, in the prior year…
Volcom Revenues Increase 23% in Q3
For the 2008 third quarter ended Sept. 30, 2008, Volcom, Inc. had total consolidated revenue increase 23% to $111.7 million, compared with $91.0 million in the third quarter of 2007. Total revenue in the company’s U.S. segment, which includes revenue from
Skechers USA Lowers Q4 Guidance on Weakening
Although international remains a strong spot for Skechers USA, weakening sales in the U.S. prompted the company to lower its fourth quarter guidance. SKX now expects fourth quarter sales in the range of $305 million to $320 million, and EPS in a range of
GSI Sells More, but Doubles Loss
Despite anemic September sales and the bankruptcy of a top 10 client, GSI Commerce, Inc. reported that net revenues increased 36.1% to $186.8 million for third quarter from $137.3 million in Q3 last year. Much of the revenue gain came from an 84% increase
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Columbia Sportswear Company said net sales declined 4% in the third quarter as retailers cut their orders for the holiday season. The company said wholesale sales declined in the high-single-digits but were partially offset by a doubling of retail sales thanks to the opening of 11 of its own outlet stores through September. COLM reduced […]
Paddlesports Trade Show Talk Heats Up
Talk of creating a stand-alone paddlesports trade show apart from the Outdoor Retailer Summer Market is picking up steam as the industry prepares to merge its two largest trade organizations, TAPS and PIA. The idea has been building over the last two year
Brunswick Names New VP of Corporate and Investor Relations
Brunswick Corporation has named Bruce J. Byots as vice president of corporate and investor relations. Byots will report to Peter B. Hamilton, SVP and CFO…
DAC Tent Poles use Sustainable Manufacturing Processes
At this past Outdoor Retailer Winter Market show, dozens of companies proudly proclaimed their first steps on the path to environmental sustainability. For Jake Lah, founder and president of tent pole maker DAC, that journey began almost 6,000 miles away
