Coastcast 2002 Loss Expands 352% as Sales Drop 46%

Coastcast Corporation reported sales for the year ended December 31, 2002 were $62.4 million vs. $115.5 million in 2001. The 2002 net loss was $10.4 million vs. a loss of $2.3 million in the prior year. Diluted loss per share was ($1.36) vs. ($0.30).

Deckers Positions Brands for Growth

DECK shares were off 5.3% for the week to close at $4.60 on Friday even as the company surpassed analyst’s earnings estimates. Net earnings for the quarter nearly tripled to $1.36 million, compared to $506,000 in the previous year's quarter…

Former Venator CEO Joins Gadzooks Board

Gadzooks, Inc. announced that Carol Greer, President of the Carol Greer Associates retail consulting firm, has joined its Board of Directors, increasing its number of Directors to seven…

ShopKo Names Store Ops Head

ShopKo Stores, Inc. named Dan Bolstad senior vice president of ShopKo store operations, and logistics functions for the company's ShopKo and Pamida divisions…

Saucony Runs with Core Business…

Based on results for the fourth quarter and full year 2002, Saucony is already starting to reap the benefits of the strategy the company put in place in mid 2001 to right-size the business and focus on its core consumer…

K-Swiss is Just Getting Started…

The acquisition of Royal Elastics and the launch of the National Geographic footwear line were disappointments in 2002, but K-Swiss expects moves made with both brands to bear fruit in the coming year. The K-Swiss Classics business will continue to fuel

… As The SEC Opens Vail Probe…

Vail Resorts, Inc. revealed that the SEC has issued a formal order of investigation with regard to how the resort tallies initiation fees for its private clubs…

Vail Resorts, Inc. Reveals SEC Probe

Vail Resorts, Inc. announced that the Securities and Exchange Commission (“SEC”) has informed the Company that the SEC has issued a formal order of investigation with respect to the Company…

ShopKo January Comps Decline 2.6%

ShopKo Stores, Inc. reported consolidated sales for the four weeks ended February 1, 2003 were $193.0 million, 2.8 percent lower than the $198.7 million reported for the same period last year. Consolidated comparable store sales declined 2.6%…