Dick's Sporting Goods, Inc. has increased its fiscal fourth quarter and full year 2013 expectations after reporting that fiscal fourth quarter 2013 consolidated same-store sales exceeded expectations. Consolidated same-store sales, adjusted for the s
Tag: Supplier
NRF Forecasts 2014 Retail Sales
The National Retail Federation (NRF) has released its 2014 economic forecast, projecting retail industry sales (which exclude automobiles, gas stations, and restaurants) will increase 4.1 percent, up from the preliminary 3.7 percent growth seen in 2013…
SFIA to Again Lobby Congress on National Health Through Fitness Day
Over 100 sports and fitness industry leaders will team with recognized athletes in Washington D.C. on Mar. 5 for SFIA’s National Health Through Fitness Day. A current list of athletes and their sponsoring company scheduled to attend include football
REI Closes Store in Brentwood
REI closed its store in Brentwood, CA Feb. 7, citing poor sales. The store had been open five years a nd its closing means REI customers in Brentwood will now have to travel…
CPSC Proposal Would Greatly Complicate Voluntary Recalls
Proposals aimed at speeding up voluntary recalls of potentially unsafe products would have the opposite effect, according to comments submitted to the Consumer Product Safety Commission (CPSC) last week by several people in or representing the sporting go
OIA Opposes Proposed Changes to Voluntary Recall Notices
Outdoor Industry Association has opposed proposed changes to federal rules governing voluntary product recall notices, arguing they would require companies to disclose trade secrets, slow down the process and undermine the collaborative spirit between man
Fox Factory Says Early Shipments Boosted Fourth Quarter Results
Fox Factory Holding Corp. expects to report net sales grew nearly 15 percent in the fourth quarter ended Dec. 31, 2013 of 2013 thanks in part to $3 million in sales it had not expected to occur until early this spring…
Dorel Says Bike Business Deteriorated More Than Expected in Fourth Quarter
Dorel Industries Inc. warned investors that fourth quarter earnings will come in below 2012 levels because results at its bicycle business came in worse than expected…
EB Brands Announces New Management for Its Fitness Division
EB Brands and EB Sport Group, a provider of sport and fitness products, announced two new lead hires: Tricia Norton as president of the EB Brands Fitness Division; and Herbie Calves as VP of marketing…
TeamSnap Raises $7.5M in Equity Funding
TeamSnap, a Boulder-based developer of a web service and app to manage sports teams and groups, announced a $7.5 million Series B investment led by new investor Foundry Group. Existing investors Torstar, Trinity Ventures, Toba Capital and Harris Barton al
Running Specialty Group Snaps up Two More Stores
The two VA Runner stores with locations in Fredericksburg and Woodbridge, Va. south of Washington D.C., were acquired this week by the Denver-based Running Specialty Group (RSG) from current owner Carol Van Horn. The addition of the two new stores brings
Kohl’s Reports Q4 Comps Slide 2 Percent
Kohl’s Corporation said its fourth-quarter earnings would come in below its guidance due to a steep drop in January same-store sales and unanticipated expenses in servicing its e-commerce business…
RSG Acquires VA Runner
Running Specialty Group (RSG) has acquired the two VA Runner stores with locations in Fredericksburg and Woodbridge, Va. south of Washington D.C. from current owner Carol Van Horn. The addition of the two new stores will bring the total number of RSG reta
Asics Continues Bounce Back in Nine Months
Asics Inc. reported net earnings climbed 19.6 percent in the nine months ended Dec. 31 on a 25.1 percent sales gain, benefiting from a weakening yen and strength in running shoes worldwide. The company also raised its forecast for the year for both sales
Mizuno’s Profits Jump in Fiscal Nine-Month YTD
Driven by double-digit revenues in footwear and a recovery in its golf segment in the Americas, Mizuno Corp reported revenue rose 9.3 percent to ¥132.2 million ($1.31 bn)…
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