SGB Update Footwear
Callaway Golf Sees Second Quarter Net Income Plummet of Margin Pressure
Callaway Golf continues to feel the impact of a sluggish golf industry as net sales fell 17% and profits tumbled 82.5% compared to the second quarter last year. The company attributed the drop in sales to challenging market conditions during the first hal
Volcom Q2 Sales Fall on U.S. Decline; Europe Seen Flat
Volcom, Inc.’s quarterly results continue to reflect the difficult retail environment as the company’s total consolidated revenues were $54.2 million for the second quarter, a 25% slide compared to $72.5 million in the second quarter of 2008…
Rocky Brands Sees Second Quarter Sales Fall Across All Divisions
Rocky Brands, Inc. said sales for the second quarter ended June 30, 2009 decreased 15.4% to $51.2 million versus net sales of $60.5 million in the second quarter of 2008. The company reported a net loss of $1.4 million, or 25 cents per diluted share, vers
Cabela’s Ups Guidance After Q2 Profit Jump
Following a first quarter that saw management voice concern over an increase in bad debt expenses, Cabela’s Inc. rebounded mightily in the second quarter to post better-than-expected profits as delinquent accounts decreased in every classification and ch
Brunswick Q2 Sales Plummet on Sinking Engine, Boat Sales
Brunswick Corporation quarterly results continue to reflect the difficult economic conditions as the company reported net sales for the second quarter of 2009 were $718.3 million, down 52% from $1.49 billion a year earlier…
Confluence Opens Accessories Division
Confluence Watersports is creating an independent Accessories Division which will include the Harmony and Adventure Technology brands. To lead this new division, Chris Pageau has recently been hired as general manager. In addition, the Adventure Technolog
Orange 21 Announces Board Changes
Orange 21 Inc., the parent of Spy 21, announced that Theodore Roth has resigned from its Board of Directors. Stephen Roseman was appointed to fill the vacancy…
Polartec Creates Athlete Advisory Board
Polartec, LLC, the developer of Polartec performance fabrics, has created a new athlete advisory board. The diverse, international group of world-class climbers, skiers, alpinists, cyclists, adventure racers and multi-sport athletes will test product yea
OIA Board Members Urge Paddlesports Industry to Cooperate
At the Outdoor Retailer summer market show last week, Canoe & Kayak Magazine announced the 2010 launch of a new paddlesports-specific tradeshow in Minneapolis. A group of current and past OIA board members recently sent an open letter to the paddlesports
Cybex Retains Buffalo Communications to Publicize
Cybex International, Inc., manufacturer of premium exercise equipment for the commercial and consumer markets, has retained Vienna, Virginia-based Buffalo Communications (Buffalo) to provide publicity and media-relations services…
SGMA: About Half of America Population Physically Active
While more than 170 million Americans are active in a fitness, team sports, recreational, or outdoor endeavor, nearly 45 million are only casually active and more than 60 million Americans are not active at all, according to the Sporting Goods Manufacture
Golfmith’s Earnings Slide 21% in Second Quarter
Golfsmith International Holdings, Inc. reported second quarter revenues slid 11.7% to $114.8 million from $130.0 million a year earlier. The decline reflects 9.5% decrease in comparable store sales and a 28% tumble in revenues from its direct-to-consumer
Brunswick Q2 Sales Plummet on Sinking Engine, Boat Sales
Brunswick Corporation reported net sales for the second quarter of 2009 were $718.3 million, down from $1,485.4 million a year earlier. For the quarter, the company reported an operating loss of $145.4 million, which included $35.5 million of restructurin
West Marine Q2 Sales Slip 5%; Earnings Up
West Marine reported net revenues for the thirteen weeks ended July 4, 2009 were $215.4 million, a 5.0% decrease compared to net revenues of $226.7 million for the thirteen weeks ended June 28, 2008. Comparable store sales declined 1.0% versus the same pe
Sport Supply Group Acquires Team Sports Assets of Har-Bell Athletic Goods
Sport Supply Group, Inc. said it has acquired certain team sports assets from Har-Bell Athletic Goods of Springfield, MO. Bryan Tucker, Owner of Har-Bell, will be employed by SSG as will his existing sales force in Missouri. Sport Supply did not assume an