Cabela's Inc. announced the pricing of an underwritten public offering of 4,736,868 shares of its common stock, all being offered by stockholders affiliated with J.P. Morgan Partners, LLC and Fulcrum Growth Partners…
Tag: People
The Buckle February Comps Climb 4.5%
The Buckle, Inc. net sales for the four-week fiscal month ended March 3, 2007 increased 10.4% to $37.7 million from net sales of $34.1 million for the prior year four-week fiscal month ended February 25, 2006. Comparable store net sales, for stores open a
Gottschalks February Comps Down 3.6%
Gottschalks Inc. saw February comparable store sales decrease 3.6% compared to the prior year. Total sales for the month decreased 3.8% to $42.6 million from $44.3 million in February 2006. The company operated three fewer stores than in the comparable pe
Wal-Mart Comps Stay Flat in February
Wal-Mart February sales increased 5.6% to $17.572 billion compared to $16.639 billion last year. Comp store sales for the month increased 0.4%…
Gottchalks reports 3.6% February Comp Decline
Gottschalks Inc. announced that same store sales for the month of February 2007 decreased 3.6% compared to the prior year. Total sales for the month decreased 3.8% to $42.6 million from $44.3 million in February 2006. The company operated three fewer stor
Neiman Marcus Posts 6.7% February Comps Gain
Neiman Marcus, Inc. saw total revenues increase 8.2% to $305 million for February 2007, up from $282 million during last year's month. Comparable Revenues increased 6.7% to $301 million from $282 million last year…
A Young Life Cut Short
SportsOneSource mourns the loss of a family member. Ben Powell, son of Matt Powell, a long-time sporting goods industry analyst and a founding partner of this newsletter, succumbed to injuries suffered in an automobile accident in Murdo, S.D. He was 21
Head Fourth Quarter Sales and Profits Decline…
Head N.V. echoed the reports coming from other snow sports hardgoods manufacturers during their fourth quarter as winter snow did not materialize until late in the season for Europe, and much of the Northeast and Midwest in the U.S. Fourth quarter net re
Spy Optics and Oakley Come to $1 Legal Settlement…
Nearly one year after the legal sparring match between Orange 21 and Oakley began, the two companies have come to a resolution regarding Orange 21’s Spy Optic brand and the now defunct e Eyewear brand. In late February, the two companies entered into a Se
Sunny’s Great Outdoors To Liquidate…
Sunny’s Great Outdoors filed for bankruptcy in early February and is closing the majority of its doors, according to court documents. The Elkridge-MD-based retailer operates 15 stores around the Mid-Atlantic region and employs 150 full-time and part-time
Callaway Golf Inks Endorsement Deal with Ernie Els
Callaway Golf Company has reached an agreement with PGA and European Tour player Ernie Els. The terms of the contract are not being disclosed. It is expected that Els will begin his endorsement by playing the Callaway HX Tour 56 golf ball, carrying a Call
Wulff Departs CEO Role at ASG
American Sporting Goods Corporation's CEO and president, Kevin Wulff, has submitted his resignation from the company. Due to this most recent development, Jerry Turner, Chairman of the Board, will serve dual roles as Chairman and CEO…
U.K.’s Sports Direct Raises $1.82B in IPO
Sports Direct International PLC, the United Kingdom’s largest sporting-goods retailer, on Tuesday raised US$1.82 billion (929 million pounds; euro1.4 billion) in an initial public offering after owner Mike Ashley sold a 43 percent stake in the business. A
Marmot Promotes Three
Marmot Mountain L.L.C. made three internal promotions within the company. Laura Miera has been appointed to Vice President of Global Production; Beng Hook is the new Manager of Technical Design; and Jamie Ruderman has been appointed to Creative Director..
SportsOneSource Expands Media Team
The SportsOneSource Group has expanded its Media Services Group team, adding one additional full-time editor and a west coast ad sales manager, while promoting two key managers to expanded roles. Tom Ryan, who had been a Senior Editor with SGB and ran th
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