While the paddlesports industry saw a series of acquisitions last month, the deal environment became more active than it has been for nearly a year this week, with four acquisitions – three of which have a direct impact on the Bicycle, Outdoor, and SnowSp
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K2 Inc. Keeps the Deal Machine Rolling as Integration Bears More Fruit…
K2 is beginning to see its model come together with some strong synergies on the winter hardgoods and apparel side that are having a very positive impact on the bottom line. After several quarters of integration, a new apparel distribution facility, and a
Amer Sports’ Q3 Impacted by Late Deliveries…
Amer Sports is continuing along its three-year path towards integrating Salomon, and in the process transforming itself from a €1 billion sporting goods company into a €2 billion company that is heavily invested in the winter sports market. This integrati
Thule’s Organic Growth and Acquisitions Boost Earnings
For the first nine months of 2006, Thule reported a 25.7% increase in sales to SEK2,998 million ($401.8 mm) from SEK2,384 million ($327.5 mm) last year. On an organic basis, the company reported a 9.5% sales increase for the period. During the period, Thu
Columbia Sees Margins Impact Bottom Line in Q3, But Company Lifts Guidance…
While Columbia Sportswear saw a high-single-digit decline in their net income during the third quarter, the impact was not as bad as internal projections at the company initially anticipated, thanks to stronger than expected margins at Mountain Hardwear,
LaCrosse’s Q3 Income Climbes on Stronger Margins
LaCrosse Footwear, Inc. third quarter ended September 30, 2006 net sales were $32.8 million, up 6% from $31.0 million in the third quarter of 2005. Net income was $2.5 million or 41 cents per diluted share in the third quarter of 2006, up 3% from $2.5 mil
Coleman Sees Downside to Lack of Hurricane Season…
Jarden Corporation, parent company to Coleman, reported that net sales for the third quarter increased 10% to $1.0 billion compared to $938 million for the same period in the previous year. Sales in the Outdoor Solutions division, which includes Coleman,
Amer Q3 Impacted by Late Salomon Deliveries…
Amer Sports is continuing along its three-year path towards integrating Salomon, and in the process transforming itself from a €1 billion sporting goods company into a €2 billion company that is heavily invested in the winter sports market. This integrati
GSI Growing Business, Bottom Line Still Red…
GSI Commerce Inc. beat the high end of its revenue guidance for the third quarter as well as the guidance it gave for the bottom line, but still posted a net loss. The company also announced on a conference call with analysts that it has an “unnamed sport
Nike and FC Barcelona Extend Relationship Through 2013
NIKE, Inc. and Futbol Club Barcelona, popularly known as Barca, have signed a new five-year agreement for approximately $189 million (euro 150 million) plus bonuses and royalties, which extends their relationship through 2013. The agreement also includes
K-Swiss Posts Flat Earnings Growth on Stronger International Business
K-Swiss Inc. reported that total worldwide revenues declined 2.6% to $133.1 million compared with $136.7 million in the prior-year period. Domestic revenues decreased 21.0% to $81.7 million in Q3, while international revenues increased 54.9% to $51.4 mill
Unifi Fiscal Q1 Sales and Income Fall
Unifi, Inc.'s net income for the current quarter, including discontinued operations, was a net loss of $11.1 million or 21 cents per share compared a net loss of $3.1 million or 6 cents per share for the prior September quarter, which included $1.9 m
West Marine Q3 Income Drops on Store Closing Costs
West Marine, Inc. reported net sales of $195.6 million for the third quarter, an increase of 3.7% from net sales of $188.6 million for the same period last year. In addition, comparable store sales increased 2.4% for the quarter. Net income was down 80.0%
adidas Launches MLS Marketing Campaign
adidas launched a new interactive marketing campaign titled 'MLS Mash-up' centered around the 2006 Major League Soccer (MLS) Cup playoffs. Produced by EVB, the MLS Mash-up campaign pairs each MLS playoff team with a local
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Deckers Beats Earnings Estimates; Sales Climb for All Brands
Deckers Outdoor Corporation third quarter net sales increased 19.0% to $82.3 million versus $69.2 million last year; ahead of previous guidance range of $71 million to $74 million. Diluted EPS was 83 cents; ahead of previous guidance range of 51 cents to
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