SGB Update Outdoor
Aldila’s Profits Plunge in Q4 and FY, But Backlog Improves
Aldila, Inc. reported net sales dipped slightly to $17.9 million for the fourth quarter from $18 million in the same quarter of 2005. Earnings dropped to $1.3 million, or 24 cents a share, from $2.7 million, or 48 cents, a year ago due to lower average se
Marmot Promotes Three
Marmot Mountain L.L.C. made three internal promotions within the company. Laura Miera has been appointed to Vice President of Global Production; Beng Hook is the new Manager of Technical Design; and Jamie Ruderman has been appointed to Creative Director..
NSGA Management Conference/Team Dealer Summit Nears Sellout
The 43rd Annual NSGA Management Conference & 9th Annual Team Dealer Summit is nearly sold out. As of February 27, more than 300 persons had registered for an event that will be held May 20-23 at the Hyatt Regency Coconut Point Resort and Spa in Bonita Spr
Iconix Expands Footprint with Danskin Deal…
Finally gaining some long needed financial support, Danskin Inc. reached an agreement to sell The Danskin brand to Iconix Brand Group for $70 million. The activewear and dancewear company, founded in 1982, rode the popularity of aerobic exercise in the ea
Warm Winter Causes Bob’s Stores to Miss Q4 Targets…
The TJX Cos. Inc. saw its Bob’s Stores division just miss its target of halving the operating loss as forecast at the start of the year. On a conference call with analysts, newly anointed CEO Carol Meyrowitz attributed the near miss to the “unusually wa
Skechers Fourth Quarter Profit Soars 149%…
Skechers USA Inc. reported its twelfth consecutive quarter of year-over-year sales increases, and paired that streak with its eleventh consecutive quarter of net income gains. In addition, the company experienced “double-digit sales growth in all operatin
Escalade Re-states Results…
Escalade Inc. will restate its financial results for 2004 and 2005 and adjust quarterly reports for 2006 after the company found errors in how income tax and employee benefit costs were calculated. Escalade said it had overstated the impact of taxes and e
G-III Apparel Slightly Cuts 06’ Sales Forecasts; Maintains EPS…
G-III Apparel Group Ltd. slightly cut its sales forecasts for the year ended January 31, 2007, but maintained its projected earnings estimates. Overall results will come in substantially ahead of prior year results.
In announcing preliminary results, the
Volcom Sees Q4 Sales Increases in All Segments…
Volcom, Inc. ended the year on a high note as sales increased in each of its product categories, in each of its geographic breakdowns, and in both customers large and small. Overall, fourth quarter revenues increased 37.2% to $56.6 million, from $41.2 mil
Billabong Sees Strong Growth in the Americas…
Billabong International Limited reported a 26.1% rise in sales revenue to AUD$610.7 million ($466.3 mm) from AUD$484.3 million ($364.3 mm) previously. Currency-neutral, sales increased 26.8% for the half.
Sales revenue in the Americas increased 31.2% to A
TAF Contributes $1.9 mm to Nexcen Results
Nexcen Brands, Inc. reported that revenues at The Athlete's Foot for 2006 amounted to approximately $9.9 million. The company owned the franchising business for less than two months in 2006 and recognized revenue of approximately $1.9 million in its
Thule Targets €1 Billion by 2009…
Thule finished off the 2006 fiscal year with double digit organic-growth and several acquisitions under its belt to boost the top line by nearly a third. The integration of these acquisitions did have a slight impact on profits, which did not keep pace wi
REI’s Fiscal 2006 Net Income Climbs 23% on 9.5% Comps
REI will distribute $58 million to its active members through the annual patronage refund based on the co-op's 2006 sales of $1.18 billion. For the year, REI's operating income increased 22.8% from $86 million to $105.5 million, and net income i
Sunny’s Great Outdoors To Liquidate
Sunny’s Great Outdoors filed for bankruptcy in early February and is closing its doors, according to court documents. The Elkridge-MD-based retailer operates 13 stores around the Mid-Atlantic region and employs 150 full-time and part-time workers…
Escalade’s Q4 Sporting Goods Revs Up 11% on Acquisitions
Escalade Inc. announced that revenues for the fourth quarter and year ended December 30, 2006 were up 4%, boosted by acquisitions in its sporting goods segment. However, lower gross margins and higher selling, general and administrative costs resulted in
