SGB Update Footwear

Orange 21 Posts Q2 Loss on Flat Sales; Replaces CFO

Orange 21 Inc. reported that net sales for the second quarter of 2006 were relatively flat at $10.3 million, a 1.4% decrease compared to $10.4 million in the second quarter of 2005. ORNG reported a Q2 net loss of approximately $758,000, or 9 cents per dil

Phoenix Footwear Narrows Q2 Loss on Strong Organic Growth

Phoenix Footwear Group, Inc. reported that net sales for the second quarter increased 127.1% to $34.9 million compared to $15.4 million for the second quarter of 2005. The revenue gain reflects an 87.8% increase in Altama, a 25.8% increase in Royal Robbi

Hibbett SG Lowers Q2 Guidance Despite 11% Sales Jump…

In a preliminary sales report, Hibbett Sporting Goods saw strong top-line results for the second quarter for fiscal 2007, but now expects to report net income per diluted share of 12 cents to 13 cents versus the previous guidance for the second quarter of

Nike Extends NFL Footwear Agreement

The National Football League has extended its agreement with Nike for the sporting goods giant to continue as an authorized supplier of NFL footwear. An NFL partner since 1995, Nike will continue to supply NFL players with branded footwear for use in game

Pacific Sunwear Sees Income Drop in Q2

Pacific Sunwear of California, Inc. reported total sales for the second quarter of $313.7 million, an increase of 1.5% from $309.1 million last year. Second quarter net earnings were 14 cents per diluted share, down from 28 cents per share last year. Net

G.I. Joe’s Names Vendor; Rep of Year

Recognizing a successful partnership and dedication to provide high quality footwear to running enthusiasts throughout the Pacific Northwest, G.I. Joe’s named Asics, Inc. of Irvine, California as its 2006 Vendor of the Year. In addition, Doug Williams of

Sara Lee Apparel Shrugs Off Sales Dip to Post Income Gains

For the fourth quarter of fiscal 2006, Sara Lee's soon-to-be-spun-off Branded Apparel division reported net sales of $1.13 billion, down 2% from last year. Operating segment income increased 57% in the fourth quarter to $98 million, compared to $62 m

Camelbak Grabs Market Share with New Bottle

With only 90 days under its belt, the CamelBak Bottle has exceeded a 10% market share in U.S. specialty retail stores, according to the company. The success of the launch has spurred retailers to place multiple reorders sooner than expected. The CamelBak

Springboost Names VP/GM; Adds to Sales Force

Springboost has expanded its sales rep force. Newly added to the team are Julie Hasson and Paul Tobin of H & T Sales, Cartledge, Jerry Panowicz, Ken Geisinger, and Keith Frank. In addition, the company added a new VP and General Manager, Kevin Johnson,

Nautilus Sees Q2 Sales Slower than Expected…

Nautilus experienced softer-than-expected consumer demand that made Q2 sound like a bit of a roller coaster ride for management. Company Chairman & CEO Gregg Hammann said, “There were days where it looked like we were going to have an unbelievable quarter

Sporting Goods Sales Detract from Everlast’s Q2 Revenues…

Everlast Worldwide Inc.’s second quarter net revenues were down 4.9% to $9.8 million from $10.3 million in the same period in 2005. Net licensing revenues for the quarter increased 3.4% to $3.0 million from $2.9 million last year. Revenues from sporting g

Berkshire Hathaway Completes Russell Corp. Deal…

At a special stockholder’s meeting on August 1, shareholders of Russell Corp. approved of the acquisition that will see Russell become a subsidiary of Fruit of the Loom, Inc., itself a subsidiary of Berkshire Hathaway Inc. The $18.00 per share selling pri

Cabela’s Q2 Merchandise Sales Increase 17.8%

Cabela's Inc. saw total revenue for the second quarter increase 12.6% to a record $387.3 million compared to $343.9 million for the same period last year. Merchandise revenue for the second quarter of fiscal 2006 increased 17.8% to $346.5 million com

The Walking Company Q2 Comps Climb 5.9%

Big Dog Holdings, Inc., for the quarter ended June 30, 2006, consolidated net sales were $53.2 million, as compared with $43.4 million in 2005, a consolidated sales increased 22%. This was primarily due to the addition of 56 new The Walking Company stores