It was a week of ups and downs for the public companies in the sporting goods market as the first round of investor conferences kicked in for the new year, prompting more than one company to offer revised guidance for the 2005 fourth quarter and the year.
Tag: Trade
Forzani Continues Momentum; Holiday Comps Jump
Following extensive remodeling at Forzani’s Sport Chek and Coast Mountain retail stores, and an aggressive advertising campaign to support the new banners, the company reported holiday season total retail system sales were up 21.1%. Excluding the recentl
Black Diamond Will Develop New Ski Boot Line
Black Diamond Equipment Ltd. will develop a new line of alpine touring and telemark ski boots. This is a logical step for Black Diamond, which has been both SCARPA's North American distributor as well as its primary driver in terms of telemark ski bo
Forzani Continues Momentum; Holiday Comps Jump 9.6%
The Forzani Group Ltd. Holiday Season total retail system sales were up 21.1% over the prior year. Exclusive of the impact of the current year addition of Nevada Bob's and National Sports, retail system sales were up 12.4%. On a comparable store basi
Rowe and Pointer Promoted at Fleet Feet
Fleet Feet, Inc. made two management promotions – Luke Rowe was promoted to Vice President of Business Development and Joey Pointer was promoted to Director of Franchise Operations. As V.P. of Business Development, Mr. Rowe will oversee new store developm
Amerella of Canada Acquires Firethorn Golf
Amerella of Canada Ltd. has acquired Firethorn Golf, a company specializing in active golf apparel. The joint announcement was made by Amerella Vice President of Marketing Richard Merbaum and Firethorn Golf President Allan Ghetler…
Five Ten Adds Sales Rep
Five Ten added Jean-Pierre Ouellet (a.k.a. Pee Wee) to its North American sales team. Ouellet, a member of Dave Karl's Sky Ambitions agency, will be based out of Montreal, Canada and will be focusing on Five Ten high-friction footwear…
SGMA to Shutter Super Show; Two Seasonal Shows Will Replace Former Mega-Show…
When Tom Cove took the reins of the Sporting Goods Manufacturers Association early last year he knew that job number one was developing a solution for the waning attendance of the Super Show. The Super Show, which is owned by SGMA and managed by Communic
NGF: November Rounds Played Up 13.1%…
The National Golf Federation reported that same-store rounds played in the U.S. were up 13.1% in November 2005 versus last year. The estimate is based on data from operators at 1,791 golf facilities. The large monthly gain was enough to bring the year-to-
Big 5 Cuts Q4 EPS Guidance on Higher DC Expenses
Big 5 Sporting Goods Corporation reported that net sales for its 13-week fourth quarter ended January 1 were $217.1 million, versus net sales of $217.6 million for the 14-week fourth quarter of fiscal 2004. On a comparable 13-week basis for both fiscal 20
J.C. Penney Sees December Comps Increase 3.1%
J. C. Penney Company, Inc. comparable department store sales for the month of December increased 2.2%, while total department store sales increased 3.1%. Comparable sales for the combined November and December holiday period increased 2.7% versus an incre
Rocky Loses Military Boot Contract; Cuts Guidance
Rocky Shoes & Boots, Inc. has been notified that an approximately $30 million order to fulfill a third-party contract for combat boots for the U.S. Military has been terminated by the U.S. government for convenience. For fiscal 2005, the company now expec
comScore: Sports and Fitness Fastest Growing Online Category for Holiday
comScore Networks reports that online sales of Sports and Fitness products were the fastest growing category this holiday season, posting a 49% gain over the same period last year. Online sales of Event Tickets and Apparel & Accessories were not far behin
Russell Cuts 2005 Sales Guidance; Will Announce Restructuring
Russell Corporation does not expect to achieve its previous fiscal year 2005 sales and earnings guidance. Sales for 2005 are now expected to be between $1.425 and $1.445 billion, and the Company is not providing new earnings guidance at this time. Additio
Ibex Names Director of E-Commerce and Strategic Marketing
Ibex Outdoor Clothing LLC announced the appointment of Reid Greenberg as director of E-Commerce and strategic marketing. Ibex plans to raise its profile by extending its sponsorships of teams and athletes and by increasing the company’s contact with the o