Effective immediately, Smith Optics will be implementing a departmental re-structuring. With the retirement of Marketing Senior Vice President Kerry Marumoto, the organizational makeup has been re-evaluated and structural changes will be executed…
Tag: People
Perry Ellis Sees Flat Q3; Swim Disappoints
Perry Ellis International, Inc. reported total revenue for the third quarter ended October 31, 2004 of $160.7 million, compared to $159.5 million reported for the same period last year. Net income for the third quarter was $7.2 million, or 72 cents per f
Famous Footwear Again the Shining Star at Brown Shoe Company in Q3…
Brown Shoe Company saw continued challenges in certain parts of their Wholesale business and weakness at Naturalizer Retail offset nice operating profit gains at Famous Footwear in the fiscal third quarter ended October 30. BWS beat EPS estimates by a pe
Some Johnson Outdoors Investors Get Hot Over Buy-Back Plan…
Quarterly conference calls with financial analysts are usually rather muted, and the most excitement usually experienced is a double-digit sales increase, but tempers flared among investors at Johnson Outdoors’ Q4 call on Thursday as management attempted
Johnson Outdoors Q4 Loss Widens Despite Stronger Sales
Johnson Outdoors Inc. reported that total company net sales increased 9.2% for the fiscal fourth quarter ended October 1, driven by the Marine Electronics and Outdoor Equipment business units, but posted a net loss of $3.8 million, or 44 cents per diluted
Dick’s Posts Q3 Net Loss on Galyan’s Integration; Beats Guidance
Dick's Sporting Goods reported net income for the third quarter, excluding merger integration and store closing costs, of $2.9 million, or 5 cents per diluted share as compared to earnings guidance of 3 – 4 cents per diluted share before merger costs
Gander Mountain Q3 Net Halved on Weaker Comps
Gander Mountain Company reported that total sales for the fiscal third quarter ended October 30 increased 24.4%, or $34.9 million, to $178.1 million. Comparable store sales decreased 7.5% after a 12.5% increase in the third quarter of fiscal 2003. The com
Accell Boosts Earnings Outlook; Proposes Stock Split
Accell Group N.V. is adjusting its profit forecast upwards. For the full year 2004 the company now expects an increase of earnings per share by at least 30% compared to 2003. The principal reasons underlying this adjustment are solid sales of bicycles, bi
Level Gloves Launches U.S. Company
Level Gloves has established a US based company, Level USA Inc, in Stowe, Vermont. The company was formed in July, 2004. Level is based in Sondrio, Italy, just minutes from the world famous resort of Bormio, sight of the 2005 World Alpine Ski Championship
Quiksilver Boosts Q4 Sales and Earnings Outlook
Quiksilver, Inc. now expects fourth quarter fiscal 2004 revenue to range between $345 million and $348 million, an increase of 28% to 29% compared to $269 million for the fourth quarter of fiscal 2003. The Company also stated that it expects diluted earni
Shoe Carnival Q3 Net Down 10.3% as Comps Inch Up 0.4%
Shoe Carnival, Inc. announced net earnings for the third quarter ended October 30 declined 10.3% to $4.9 million from $5.5 million in Q3 last year. Diluted earnings per share were 38 cents per share compared with 42 cents per share in last year's thi
Tompkins Promoted to Show Director of OR and FFR
The Outdoor Group of VNU Expositions recently announced the promotion of Andy Tompkins to the role of Show Director for the Outdoor Retailer Summer and Winter Markets and Fly-Fishing Retailer World Trade Expo, assuming the day-to-day responsibility of sal
The Buckle Net Up 22% on 5% Comps…
The Buckle reported a solid increase in sales and income for the fiscal third quarter. Sales grew 10.2% to $133.7 million compared to $121.3 million for fiscal 2003. Comparable store sales were up 5.1% for the quarter…
Eddie Bauer Off the Block After Parent Sees Disappointing Bids…
Eddie Bauer’s parent company, Spiegel, has reportedly taken the retail chain off of the auction block, after receiving a series of disappointing bids. Final bids for the company were received in August, and sources close to the deal said that the valuatio
Rebel Sport Looks to Holidays for Profit Recovery…
Briscoe Group, the parent company to New Zealand’s largest sporting goods and outdoor equipment retailer, Rebel Sport, reported un-audited sales for the three months ended October 31, 2004 were $71.6 million, a 5.0% increase over the $68.2 million reporte