Golfsmith International saw a strong sales result transfer down to the bottom line, where the company’s net loss was more than halved during the seasonally slow first quarter. Due to the timing of sales, a net loss in the first quarter is typical in much
Tag: Supplier
True Temper Q1 Sales Slip; Net into Red
True Temper Sports, Inc. posted net sales for the first quarter were $31.7 million down slightly from $32.1 million recorded during the first quarter of 2005. Net income for the first quarter decreased approximately $0.4 million, to a net loss of $0.2 mil
Thule to Acquire Three Brands Worth $240 Million
Thule will acquire Brink International BV, Valley Industries, and SportRack Accessories, all subsidiaries of US based Advanced Accessory Systems (AAS). Brink and Valley are leading European and North American players for towbars while Canadian SportRack
WSA Appoints Boehm as Director of Retail Relations
WSA appointed Celeste Boehm as director of retail relations who will head the Retail Relations Team responsible for developing new programs to solidify existing relationships between retailers and manufacturers and create expanded opportunities for forgin
Body Solid Hires Carey Kerns Public Relations
Body-Solid, Inc. has selected Carey Kerns Public Relations to assist in a new brand-building initiative. Adding a public relations component is one element in the company’s marketing communications program aimed at enhancing sales growth of its fitness pr
Quiksilver Extends Eddie Aikau Tournament
Quiksilver and the Aikau Family announced a 10-year joint commitment to continue The Quiksilver Big Wave Invitational, in Memory of Eddie Aikau at Waimea Bay, Hawaii, through the winter season of 2015/2016. The Quiksilver Big Wave Invitational is held eac
Zumiez Posts Q1 Profit on 19.7% Comps
Zumiez Inc. total net sales for the first quarter ended April 29, 2006 increased by 43.2% to $47.8 million from $33.4 million reported in the first quarter of the prior fiscal year. The company posted net income for the quarter of $1.1 million or four cen
Foot Locker Sees Weakness in Europe Slows Bottom Line Growth
Foot Locker, Inc. posted net income of $59 million for the first quarter ended April 29, 2006, up 2.1% from net income of $58 million for the year-ago period. Earnings per share reflected the net increase at 38 cents per share, up a penny from 37 cents f
Zumiez Acquires Fast Forward Chain
Zumiez Inc. has signed a definitive agreement to acquire Fast Forward, an action sports retailer with 19 stores and a web presence. Of the 19 stores, 16 are in Texas, with one store in California and two stores in Oklahoma. Zumiez will fund the acquisitio
Orange 21 Q1 Sales Up; Net Loss Falls
Orange 21 Inc. saw net sales for the first quarter of 2006 increase 11% to $9.4 million from $8.5 million last year. The company reported a net loss for the quarter of approximately $1.7 million, or 21 cents loss per diluted share compared to a net loss o
adidas Group Provides Nice Surprise for Q1…
Analysts were ecstatic about the surprisingly positive first quarter turned in by the adidas Group that reflected strength in both the Brand adidas and TaylorMade-adidas Golf segments. While currency-neutral revenues jumped 40% when including two months
Helly Hansen Latest on the Auction Block…
Investcorp, a private equity firm incorporated in the Cayman Islands, is selling Helly Hansen after holding onto the company for nearly ten years. Investcorp has also included well-known companies like Saks, Gucci, and Tiffany in its past portfolio. Helly
Smith Optics Goes Live on iVendix with Centerstone Tech
CenterStone Technologies, Inc., an internationally recognized developer of Web-based sales order management software for manufacturers of apparel, footwear, equipment and accessories, serving the outdoor recreation, snow sports, sporting goods, surf and a
Small Business Health Care Blocked in Senate
The National Federation of Independent Business is reporting that a key vote in the U.S. Senate on S. 1955, “The Health Insurance Marketplace Modernization and Affordability Act of 2006,” garnered a 55-vote majority but not the 60 votes necessary to proce
Rebel Sport NZ Comps Up 5.8% for Q1
New Zealand's Briscoe Group Limited saw sales of $82.4 million, being 10.53% higher than the $74.6 million reported for the same quarter of last year.
Rebel Sport sales increased 8.82% to $28.1 million. On a same store basis, Rebel Sport sales were
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