Cybex International saw a 15.7% jump in net sales for the second quarter to $34.7 million, driven by “strong sales” of both the strength and cardio products. Gross margins declined 110 basis points for the quarter to 35.1% of sales, while SG&A expenses gr
Tag: People
Crocs Inc. Raises Guidance Again; Shares Jump…
Crocs, Inc. proved once again it's anything but soft, tripling its quarterly net income and boosting its guidance for annual earnings and sales for the second time this year. CROX hiked its sales forecast for this year to $810 million to $820 million
K-Swiss Q2 Sees More of the Same, but Europe Business May be Plateauing…
K-Swiss Inc. saw continued degradation in its domestic business and continued strength in its international business, but also indicated that the brand “appears to be plateauing” until they can “effectively expand to other European countries.” The Interna
West Marine Sees Weak Boat Sales in Second Quarter…
West Marine's second quarter earnings managed to beat Wall Street estimates as tight inventory and cost controls offset weak sales. In June, the company had cut its 2007 earnings and sales outlook, citing softness in the Southeast, particularly the k
LaCrosse Footwear Q2 Income Slips on 14% Sales Gain
LaCrosse Footwear, Inc. second quarter consolidated net sales were $24.9 million, up 14% from $21.8 million in the second quarter of 2006.Operating income was $1.4 million in the second quarter of 2007, up 44% from $1.0 million in the second quarter of 20
Open Air Demo Relocates
Due to poor waterfront conditions at Willard Bay State Park, the 2007 Outdoor Retailer Open Air Demo will relocate upstream to Pineview Reservoir near Ogden, Utah. The event dates, August 7-8, 2007, will remain the same…
Confluence Restructures Sales Organization
Confluence Watersports announces the restructuring of its sales organization. The new structure features four regional sales managers who will be responsible for the sales representatives and sales activities in their respective territory and will report
Implus Footcare Acquires Sneaker Balls
Implus Footcare acquired Sneaker Balls, a patented shoe deodorizing product. “The Sneaker Balls acquisition further complements our commitment as a leader in the footwear accessory market,” said Todd Vore, Implus President. “We are excited to add Sneaker
Valandré Opens Boulder Office Led by Bob Culp
Valandré has opened an office warehouse in Boulder, CO. Valandré first entered the US market five years ago. Since then, sales at specialty retailers have climbed steadily. Valandré USA LLC in Boulder will house staff and inventory to better serve clients
U.K.’s Sports Direct Lowers Guidance
Sports Direct International Plc, the U.K.'s biggest sporting-goods retailer, said higher interest rates and floods in Britain would cause it to miss estimates for its year ended April 2008. Net income in the year through April 29 fell 40 percent to 3
Oakley Extends Ducati License
Oakley, Inc. has renewed its licensing agreement with Ducati Motor Holding S.p.A. for an additional three years. The agreement was originally established in 2003.
Spalding Takes Top Share in Volleyballs
Spalding reports that its volleyball dollar share within the Sporting Goods channel has spiked to 35%, up from just 7% one year ago and now takes over as the category leader. The company says its strong market sahre improvement comes from a combination of
Escalade Inc. Appoints Former Russell Exec as CEO
The Escalade, Inc. Board of Directors has appointed Robert J. Keller as president and CEO of the company, effective August 1, 2007. Mr. Keller will replace Mr. Terry Frandsen who has served as the interim CEO since April 2007. Mr. Frandsen will continue
Brunswick Lowers Earnings Guidance on Weak Marine Sales
Brunswick Corporation has decided to lower production of marine products in the second half of 2007 due to continued weakness in retail markets in the United States and in turn has lowered annual earnings per share guidance. The company said it expects to
Brunswick Names VP, General Counsel
Brunswick Corporation named Lloyd C. Chatfield II as vice president, general counsel and secretary reporting to Brunswick Chairman and Chief Executive Officer Dustan E. McCoy…
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