Shortly after the Thanksgiving holiday weekend several analysts downgraded Oakley stock, citing poor sell-through of the much hyped THUMP sunglass/MP-3 player. OO shares fell 12.3% for the week to close at $12.03 on Friday evening…
Tag: Trade
Goody’s November Comps Down 0.6%; Revises Same Store Guidance
Goody's Family Clothing total sales for fiscal month of November 2004 were $126.4 million, an increase of 3.9% from total sales of $121.7 million for the fiscal month of November 2003. Comparable store sales for November 2004 decreased 0.6% when comp
Thorlo Inks Deals with Ski Resorts
THORLO has joined forces with selected premier US ski and snowboard resorts to sponsor on-mountain activities, events, and competitions this winter. Thorlos is the Official Sock of Aspen/Snowmass, Durango Mountain Resort, Telluride Ski and Golf, and Taos
Knight Steps Down as Nike, Inc. CEO; Market Speculates on Company Future…
The sporting goods industry has had a few days to absorb the news last week that Phil Knight, Nike, Inc. co-founder, chairman, president and CEO, was stepping down from the president and CEO role at the end of the year. He will remain chairman of the Boa
Foot Locker Gets Champs and Lady Lift in Q3; Europe Starts to Improve in Q4…
Foot Locker, Inc. saw improving results in some of its U.S. businesses in the third quarter, thanks primarily to Nike, while the company starts to see some improvement in its Europe business. Total sales increased due primarily to the addition of roughly
Sport Supply Group Sees Upside in New Strategy…
Sport Supply Group is starting to see some results in its turnaround efforts after divesting itself of its team dealer operations a year ago and selling the ATEC business to Wilson Team Sports in February of this year. The move to become more of a servic
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
Genesco Q3 Net Income Up 28.4% as Sales Jump 36%
Genesco Inc. reported that net sales for the fiscal third quarter increased 36% to $288 million compared to $212 million for Q3 2004. Earnings before discontinued operations were $12.5 million, or 55 cents per diluted share, for the period compared to $9
Hybrid Shafts and Tax Benefits Help Boost Aldila’s Q3 Sales and Earnings…
Aldila capitalized on the popularity of their NV wood shaft line to post a 35.0% increase in net sales for the third quarter of 2004 to $10.8 million, compared to $8.0 million last year. Branded sales increased 198% while golf shaft units shipped were up
Sport Chalet Posts Strong Fiscal Q2; Will Enter Arizona Market…
Sport Chalet, Inc., the Southern California retailer that has been rapidly expanding into Northern California and the Las Vegas area, is now eyeing Arizona as the new frontier for growth with an initial opening of four locations in the Phoenix area in fis
Burch Launches Sports Marketing Firm
Howe Burch, former Senior Vice President of Sports Marketing & Communications at global sportswear brand Fila, has launched a new sports marketing and communications resource called t w e l v e…
Patless October Comps Climb 6.1%
Payless ShoeSource, Inc. reported that same-store sales increased 6.1 percent during the October reporting period, the four weeks ended October 30, 2004. Company sales totaled $219.1 million, a 5.6 percent increase from $207.5 million during fiscal Octobe
K2 Inc. Keeps the Machine Moving as Acquisitions Start to Pay Off…
K2 Inc. was reaping the benefits of their marketing initiatives in the SnowSports industry in the company’s third quarter, as sales increased 98.5% to $333.5 million year-on-year and net income jumped almost 300%. KTO shares jumped 6.5% for the week to c
Reebok Sees 30.5% Increase in Q3 Net Income; THC Helps
Reebok International Ltd. reported net income for the third quarter increased 30.5% to $82 million, or $1.36 per diluted share, compared to net income of $63 million, or 96 cents per diluted share, in the third quarter of 2003. Net sales for the 2004 thi
West Marine Cuts Outlook for Quarter, Year
West Marine CEO John Edmondson said recently that August continued the soft trend that West Marine first observed in the latter part of June. Sales have remained soft so far in September and, as a result, he now expects third quarter sales to range from $